2 bed flat for sale

York Towers, 383 York Road, Leeds, West Yorkshire LS9

This two bedroom, two bathroom second floor apartment with 2 parking spaces is offered for sale via traditional auction. The property is currently tenanted generating £9,000 income per annum which reflects a 21.95% gross yield return based on the guide price. This would make a great addition to a rental portfolio.

It’s ideally located along York Road, a main route into Leeds and is only 1.5 miles east of the city centre. There are some shops and schools in the immediate area; however, supermarkets, restaurants, and leisure facilities are within an easy drive.

Leasehold Information:
Lease length - 125 Years from 1st Jan 2017
Ground Rent - £250 Per Annum
Service Charge - £4,230.16 Per Annum

Accommodation

Second Floor

Lounge/kitchen area, two bedrooms, bathroom and en suite.

Externally

Two parking spaces.

Additional Information

Council Tax

Band A.

EPC

Rating D.

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: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Searches £360 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.