Flat 10, Buckingham House, 41 Headingley Lane, LS6 1BL2 Bedroom Upper Floor Flat/Apartment
Council Tax
Band: D
Tenure
Leasehold
Lease Expiry
Unknown
This spacious first floor two bedroom two bathroom apartment is currently let and generating an impressive annual income of £13,440. Based on the quoted guide price this equates to a gross return of almost 10%!
The apartment is within a beautiful grade II listed building and occupies a fantastic location off Otley Road between Headingley and Hyde Park just 1.5 miles from Leeds city centre.
The current owners have difficulties establishing the owners of the freehold in recent years although maintenance charges of £1,300 were paid last year. Further information regarding this situation will be provided within the legal pack.
Lease – 250 years from 31.03.2004
Service Charge - £1,300 paid last year
Ground Rent – Unknown
Additional Information
First Floor
Open plan living room and kitchen, two bedrooms and two bathrooms.
Council Tax
Band D.
Tenure
Freehold.
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: D
Tenure
Leasehold
Lease Expiry
Unknown
Key Features
- For sale by auction on the 25th October 2023
- Guide price £140,000 +
- Spacious first floor two bedroom apartment
- Impressive annual income of £13,440
- Located just 1.5 miles from Leeds city centre
- Council Tax band D - EPC rating E
Description
This spacious first floor two bedroom two bathroom apartment is currently let and generating an impressive annual income of £13,440. Based on the quoted guide price this equates to a gross return of almost 10%!
The apartment is within a beautiful grade II listed building and occupies a fantastic location off Otley Road between Headingley and Hyde Park just 1.5 miles from Leeds city centre.
The current owners have difficulties establishing the owners of the freehold in recent years although maintenance charges of £1,300 were paid last year. Further information regarding this situation will be provided within the legal pack.
Lease – 250 years from 31.03.2004
Service Charge - £1,300 paid last year
Ground Rent – Unknown
Additional Information
First Floor
Open plan living room and kitchen, two bedrooms and two bathrooms.
Council Tax
Band D.
Tenure
Freehold.
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.
