Varley Street / 207 Richardshaw Lane, Stanningley, LS28 6AN0 Bedroom Mixed Use
Council Tax
Band: B
Tenure
Freehold
This mixed-use property comprises a ground floor salon on Richardshaw Lane with adjoining but self-contained two bedroom terrace to the rear on Varley Street also extending above the shop. It is currently fully let and producing a rental income of £13,140 per annum. When based on the quoted guide price this equates to a return of more than 11% and is sure to appeal to investors looking to add to their portfolios.
Number 209 next door is also included within the December auction.
The property is located close to the heart of Stanningley, West Leeds, with a number of shops and amenities a short walk away.
Additional Information
Ground Floor
Salon, lounge, wc and kitchen.
First floor
Two bedrooms and bathroom.
Council Tax
Band B.
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: £500 + 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: B
Tenure
Freehold
Key Features
- For sale by auction on the 11th December 2024
- Guide price £115,000 +
- Mixed-use property
- Salon on Richardshaw Lane with self-contained two bedroom terrace
- Fully let producing a rental of £13,140 pa
- EPC Rating (house): D - EPC Rating (shop): B
Description
This mixed-use property comprises a ground floor salon on Richardshaw Lane with adjoining but self-contained two bedroom terrace to the rear on Varley Street also extending above the shop. It is currently fully let and producing a rental income of £13,140 per annum. When based on the quoted guide price this equates to a return of more than 11% and is sure to appeal to investors looking to add to their portfolios.
Number 209 next door is also included within the December auction.
The property is located close to the heart of Stanningley, West Leeds, with a number of shops and amenities a short walk away.
Additional Information
Ground Floor
Salon, lounge, wc and kitchen.
First floor
Two bedrooms and bathroom.
Council Tax
Band B.
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: £500 + 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.
