This tenanted second floor one bedroom flat, within a converted terrace in Beeston, will appeal to the buy to let investor. The property is currently generating £4,800 per annum which equates to a return of 24% when based on the lower guide price. It has central heating, double glazing and is in reasonable decorative order. The property is located in Beeston, approximately two miles south of Leeds city centre.
Leasehold Information – 99 years from 1st January 2007. Service charge - £1080.25 per annum Ground rent - £400 per annum.
Hall, living kitchen, bedroom and bathroom.
Charges And Payments
In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT. Search Fees: £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.
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.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.