A purpose-built two-bedroom, tenanted mid-floor apartment in Leeds city centre. It is currently tenanted and receiving rent of £825 PCM. (Title number WYK887811)
SOLD PRIOR TO AUCTION: To be sold by public auction at the owner's instruction. A purpose-built two-bedroom, tenanted mid-floor apartment in Leeds city centre. It is currently tenanted and receiving rent of £825 PCM. The apartment measures approximately 567 SQFT internally and has been assessed as EPC B. Leasehold 107 years.
Auctioneer's comments: 'This Lot offers investors the opportunity to acquire a modern, purpose-built property with immediate cash flow, making this Leeds city centre apartment an attractive proposition.'
Auction date
The property is to be sold by public auction on Friday, 22 September 2023, via a 2-hour online bidding window.
Description
Two bedrooms, purpose-built, en suite, 525 SQFT, tenanted, £825 PCM
Location
Leeds city centre, Yorkshire
Accommodation
Mid-floor: kitchen/living room, two bedrooms, bathroom, shower en suite
Outside
Communal areas
EPC rating
D
Tenure
Leasehold
125 years from 1 June 2005
Local authority and council tax band
Leeds City Council
Council tax band: C
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 3% plus VAT (min. fee of £3,600 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
Lot 71 - Twenty Twenty, 1 Skinner Lane, Leeds, West Yorkshire, LS7 1BB
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