North Street, Leeds, LS2 8JS2 Bedroom Flat/Apartment
Council Tax
Band: Unknown
Tenure
Unknown
***CALLING ALL PROPERTY SPECULATORS AND LANDLORDS*** This second floor, two bedroom apartment, with large balcony area and secure parking is one to add to a portfolio. Currently let, the apartment is generating an income of £9,600 per annum. The current tenants are vacating on the 31st of May with new tenants replacing them on the 10th of June 2022. The new rental income will be a whopping £11,400 per annum. This provides a significantly higher yield than is normally achieveable in Leeds city centre. The property has also been heavily reduced having been marketed by a local estate agent at £160,000! North Crescent is on the door step of Leeds city centre with access to the universities, bus and train stations. Flat 38 within the development is also for sale in our May auction should anyone wish to purchase both.
LEASEHOLD
Lease 250 years from and including 1 January 2014. Ground rent is only £100 per annum and service charges of £1743 per annum.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
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. Buyer’s Premium: £1200 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: Unknown
Tenure
Unknown
Key Features
- For sale by auction on the 11th of May 2022
- Guide price £110,000+
- Leeds City Centre Apartment
- Two Bedroom
- Tenanted Investment
- Generating £9,900 per annum
Description
***CALLING ALL PROPERTY SPECULATORS AND LANDLORDS*** This second floor, two bedroom apartment, with large balcony area and secure parking is one to add to a portfolio. Currently let, the apartment is generating an income of £9,600 per annum. The current tenants are vacating on the 31st of May with new tenants replacing them on the 10th of June 2022. The new rental income will be a whopping £11,400 per annum. This provides a significantly higher yield than is normally achieveable in Leeds city centre. The property has also been heavily reduced having been marketed by a local estate agent at £160,000! North Crescent is on the door step of Leeds city centre with access to the universities, bus and train stations. Flat 38 within the development is also for sale in our May auction should anyone wish to purchase both.
LEASEHOLD
Lease 250 years from and including 1 January 2014. Ground rent is only £100 per annum and service charges of £1743 per annum.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
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. Buyer’s Premium: £1200 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.
