Two bedroom ground floor apartment with private entrance and communal parking area offered for sale via auction. The property is currently tenanted generating a gross rental income of £7139.88 per annum which reflects over a 14.2% gross yield return based on the guide price. This would make a great addition to a rental portfolio. Whingate Mill is positioned for easy access to all that Leeds city centre has to offer, from a wide variety of shops, restaurants, and bars, to cultural attractions like museums and galleries. Additionally, residents can enjoy a range of local amenities just a short walk away, including parks, supermarkets, and other essential shops. Leasehold Information: Length of lease: 125 years from 1st January 2016. Ground Rent: £200 per annum Service Charge: £1,232.50 per annum A 21 day completion applies to this lot.

Ground Floor

Private entrance, lounge/kitchen area, two bedrooms and a shower room.

Externally

Communal parking area

Additional Information

Council Tax

Leeds city council - Band 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 and 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

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.