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 yield 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 - £1,961.84 per annum total.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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