Terraced house for sale in Mitford Place, Leeds, West Yorkshire LS12

Four-bedroom, four bathroom end terrace property offered for sale via auction. Currently tenanted to four professionals on individual tenancy agreements generating a gross rental income of £25,740 per annum reflecting over a 15.5% gross rental yield based on the guide price. This property would be a great additional to a buy to let portfolio.

Additionally, the property has approved C4 planning permission for it to be used as an HMO. Please refer to Leeds planning portal for more information - 18/07657/fu

Each bedroom has its own private bath or shower room, workstation with fridge, double bed, two-seater sofa, coffee table, wardrobe and drawers. The house is also fitted with a fire alarm system, smoke detection, fire doors and emergency lighting.

Mitford place is a great location for professional renters. Being so close to Leeds City Centre (1.7 miles to walk) and Bradford, along with great transport links means the location is ideal for many.

Please note that the tenancy agreements reflect the monthly rental payments are inclusive of bills, additionally the property is being sold with the furniture included.

Accommodation

Ground Floor

Kitchen/diner, bedroom with ensuite.

First Floor

Two bedrooms (one with ensuite) and house bathroom.

Second Floor

Lounge and bedroom with ensuite.

Additional Information

Council Tax

Band A.

Tenure

Freehold.

Charges & 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.
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.