Wickham Street, Beeston, LS11 7AR3 Bedroom Terraced House

Council Tax

Band: Unknown

Tenure

Unknown

This terrace property in Beeston is divided into 3 x one bedroom flats and is fully let generating an income of £14,400 per annum. This is offering returns in excess of 12.5% when based on the guide price. We have been advised by the seller that the property was split in to flats many years ago and that 3 x selective licences have been applied for. Each of the tenants have their own living/bedroom, separate kitchen and bathroom/shower room.

Please note: the completion date will be in accordance with Special Condition 19 within the legal pack where it states “Completion is subject to the registration of the Freehold Title into the Sellers name by the Sellers Solicitors and completion shall take place 7 working days after date on which the Seller Solicitors sends to the Buyers Solicitors Official copy of the updated registered Freehold Title".

Additional Information

Ground Floor

Hall. Flat 1: Living bedroom, kitchen & shower room

First Floor

Landing. Flat 2: Living bedroom, kitchen and shower room

Second Floor

Flat 3: Living bedroom, kitchen and shower room

Externally

Yard to the rear

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 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.

Council Tax

Band: Unknown

Tenure

Unknown

Key Features

  • For sale by auction on the 8th July 2020
  • Guide price £115,000 +
  • Terrace property divided into 3 x flats
  • Fully let
  • Generating £14,400 per annum
  • Selective Licences applied for

Description

This terrace property in Beeston is divided into 3 x one bedroom flats and is fully let generating an income of £14,400 per annum. This is offering returns in excess of 12.5% when based on the guide price. We have been advised by the seller that the property was split in to flats many years ago and that 3 x selective licences have been applied for. Each of the tenants have their own living/bedroom, separate kitchen and bathroom/shower room.

Please note: the completion date will be in accordance with Special Condition 19 within the legal pack where it states “Completion is subject to the registration of the Freehold Title into the Sellers name by the Sellers Solicitors and completion shall take place 7 working days after date on which the Seller Solicitors sends to the Buyers Solicitors Official copy of the updated registered Freehold Title".

Additional Information

Ground Floor

Hall. Flat 1: Living bedroom, kitchen & shower room

First Floor

Landing. Flat 2: Living bedroom, kitchen and shower room

Second Floor

Flat 3: Living bedroom, kitchen and shower room

Externally

Yard to the rear

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 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.

Floor Plan