Stanningley Road, Leeds, LS12 3NW6 Bedroom House
Council Tax
Band: Unknown
Tenure
Freehold
A large terraced house divided into 4 x HMO licenced rooms and 2 x self contained flats. Currently generating an income of £22,200 per annum, and with the potential to increase to circa £28,000 when fully let, this is a ready made investment opportunity offering potential returns of 14% when based on the guide price. The top floor flat is currently vacant due to the rewiring and a scheme of improvement. Tenants pay their own bills via a card payment electricity meter and their water bill is included in their rent. Each HMO room has their own kitchenettes and share a shower room on the same floor. All units have been rewired and feature their own consumer units, emergency lighting and fire/smoke alarm system.
Auction House will be updating the images in due course once new carpets are installed.
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
Lower ground floor
Flat 87A studio, shower, kitchen and store
Ground floor
Two rooms (not inspected) and shower room
First floor
Two rooms, kitchen and bathroom
Second floor
Flat 87b living room, bedroom, shower, kitchen
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.
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
Freehold
Key Features
- For sale by auction on the 11th May 2022
- Guide price £200,000+
- Terrace property devided into four x HMO rooms
- plus two self contained flats
- Currently Generating £22,200 Pa
- Located in Armley
Description
A large terraced house divided into 4 x HMO licenced rooms and 2 x self contained flats. Currently generating an income of £22,200 per annum, and with the potential to increase to circa £28,000 when fully let, this is a ready made investment opportunity offering potential returns of 14% when based on the guide price. The top floor flat is currently vacant due to the rewiring and a scheme of improvement. Tenants pay their own bills via a card payment electricity meter and their water bill is included in their rent. Each HMO room has their own kitchenettes and share a shower room on the same floor. All units have been rewired and feature their own consumer units, emergency lighting and fire/smoke alarm system.
Auction House will be updating the images in due course once new carpets are installed.
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
Lower ground floor
Flat 87A studio, shower, kitchen and store
Ground floor
Two rooms (not inspected) and shower room
First floor
Two rooms, kitchen and bathroom
Second floor
Flat 87b living room, bedroom, shower, kitchen
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.
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.
