6 bed end terrace house for sale

Dewsbury Road, Leeds, West Yorkshire LS11

This spacious end terrace split into 6 studio apartments is offered for sale via traditional auction. The property is currently fully occupied generating a gross rental income of £48,456 per annum which reflects a 24.85% yield return based on the guide price. This property would make a great addition to a rental portfolio.

The property is located in Beeston, 1.5 miles south of Leeds and is also conveniently located for local shopping, the White Rose Shopping Centre, Leeds city centre and motorway networks.

Interested parties should be aware that a prohibition notice has been served on the property which stipulates each apartment can only be occupied by a single occupant. Based on the current tenancy agreements, this obligation is currently being complied with. Buyers are advised to do their own research in this regard.

Accommodation

Ground Floor

Studio Apt 1 and Studio Apt 2.

First Floor

Studio Apt 3 and Studio Apt 4.

Second Floor

Studio Apt 5 and Studio Apt 6.

Additional Information

Council Tax

Band A.

EPC

Ratings D, F, E, D, D and E.

Tenure

Freehold.

Charges & Payments

In addition to the deposit
Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Searches £300 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.