This one bedroom apartment at York Towers is offered for sale via the modern method of auction, priced to sell and presenting an excellent investment opportunity.
The property comprises an entrance hall, a spacious living room, a fully equipped kitchen, and a double bedroom. Located on the cusp of Leeds city centre, the apartment is ideally positioned close to a range of local amenities, including shops, restaurants, and recreational facilities. It’s also well-served by transport links, providing easy access to the city centre and beyond.
Situated in a popular residential area, this apartment offers both convenience and a desirable living location.
Currently tenanted, the property is sold with tenants in place on a periodic contract (February 2025), at £690PCM. This presents a net return of around 8%! With no onward chain, the sale includes fixed timescales for exchange and completion.
A video walkthrough is available as an initial method of viewing. In person viewing appointments are subject to limited availability.
Leasehold Lease: 118 Years approx. Service Charge: £2500pa Aprrox. Ground Rent: £250pa Council Tax: A - Leeds EPC: C
Auctioneer Comments - This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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