1 bed flat for sale

Abode, 387 York Road, Leeds, West Yorkshire LS9

This one bedroom ground floor apartment with parking space if offered for sale via traditional auction. The property is in good internal condition and is currently tenanted generating a gross rental income of £9,300 per annum, this reflects an 11.63% gross yeild return based on the guide price. This property would make a great addition to a rental portfolio.

The Abode is located on York Road (A64), about five minutes’ drive from Leeds city centre. Nearby amenities include:
Victoria Primary Academy and Co-op Academy Brownhill, both within easy reach. Local shops, gp surgeries, pharmacies and supermarkets all accessible on foot or by bus.

Leasehold information:
Lease length - 250 years from 1st January 2018
Ground rent - £250 Per Annum
Service charge, reserve charge & Insurance - £1961.84 Per Annum total

Accommodation

Ground Floor

Lounge/kitchen area, bedroom and shower room.

Externally

Parking space.

Additional Information

Council Tax

Band A.

EPC

Rating B.

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: 1.2% 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.