Apartment 54, Crown Street Building, 2 Crown Street, LS2 7DA2 Bedroom Flat/Apartment
Council Tax
Band: E
Tenure
Unknown
This spacious two bedroom two bathroom penthouse apartment is sure to appeal to any investors looking for a high yielding city centre investment. At present, the property is let and generating £15,000 per annum although we have been advised the tenant has served notice and is expected to vacate in November.
The property occupies a fantastic location in heart of Leeds city centre with the balcony enjoying views over the beautiful Corn Exchange below.
Any interested parties should be aware that there is some damp in the property which is thought to be because of a roof leak. This is an issue that any purchaser would need to address with the management company and are expected to do their own research in this regard prior to bidding.
Length of lease - 980 years unexpired
Service charge - £600 per quarter (approximate figures from the seller)
Ground rents - £150 per annum
Insurance - £600 per annum
Please note: A 3 week completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds.
Additional Information
SECOND FLOOR
Living room/kitchen, two bedrooms and bathroom.
Council Tax
Band E.
Tenure
Leasehold.
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches £240 inc VAT
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Council Tax
Band: E
Tenure
Unknown
Key Features
- For sale by auction on the 25th October 2023
- Guide price £100,000 +
- Two bedroom penthouse apartment
- Currently let generating £15,000pa
- Fantastic location in the heart of Leeds
- Great addition to an investors portfolio
- Council Tax band E - EPC rating D
Description
This spacious two bedroom two bathroom penthouse apartment is sure to appeal to any investors looking for a high yielding city centre investment. At present, the property is let and generating £15,000 per annum although we have been advised the tenant has served notice and is expected to vacate in November.
The property occupies a fantastic location in heart of Leeds city centre with the balcony enjoying views over the beautiful Corn Exchange below.
Any interested parties should be aware that there is some damp in the property which is thought to be because of a roof leak. This is an issue that any purchaser would need to address with the management company and are expected to do their own research in this regard prior to bidding.
Length of lease - 980 years unexpired
Service charge - £600 per quarter (approximate figures from the seller)
Ground rents - £150 per annum
Insurance - £600 per annum
Please note: A 3 week completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds.
Additional Information
SECOND FLOOR
Living room/kitchen, two bedrooms and bathroom.
Council Tax
Band E.
Tenure
Leasehold.
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches £240 inc VAT
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
