Worcester Drive, Leeds, LS10 4SB1 Bedroom Flat/Apartment
Council Tax
Band: A
Tenure
Unknown
One bedroom first floor apartment sure to be of appeal to buy to let landlords and developers alike. Though the property does require some modernisation and refurbishment similar units in the area have been rented recently for £650 per month meaning the property has the potential to generate a gross rental yield of over 14%. For the interested developers, similar units have recently been marketed for £87,000. demonstrating the potential to generate excellent profit.
Lease - 60 years remaining
Service charge - £25 per annum for occupiers £135 per annum if the property is sublet.
Additional Information
Ground Floor
Entry porch.
First Floor
Living room, kitchen, bathroom and bedroom.
Externally
Off street parking.
Council Tax
Band A.
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 £1,200 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: A
Tenure
Unknown
Key Features
- For sale by auction on the 17th May 2023
- Guide price £55,000 +
- One bedroom first floor apartment
- Great addition to an investors portfolio
- Potential rental yield of over 14%
- Council Tax band A - EPC rating C
Description
One bedroom first floor apartment sure to be of appeal to buy to let landlords and developers alike. Though the property does require some modernisation and refurbishment similar units in the area have been rented recently for £650 per month meaning the property has the potential to generate a gross rental yield of over 14%. For the interested developers, similar units have recently been marketed for £87,000. demonstrating the potential to generate excellent profit.
Lease - 60 years remaining
Service charge - £25 per annum for occupiers £135 per annum if the property is sublet.
Additional Information
Ground Floor
Entry porch.
First Floor
Living room, kitchen, bathroom and bedroom.
Externally
Off street parking.
Council Tax
Band A.
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 £1,200 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.
