2 bed flat for sale

Merchants Quay, East Street, Leeds, West Yorkshire LS9

This two bedroom, two bathroom first floor apartment is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £13,140 per annum making this a great addition to a rental portfolio.

This sought-after riverside development is perfectly situated to the east of the City Centre, offering quick access to Leeds Train Station, Leeds Bus Station, and major motorways - ideal for efficient commuting. Merchants Quay is just steps away from a variety of restaurants and bars and is located by the scenic Leeds Docks.

Leasehold Information:
Lease Length - 999 Years from 24th June 1999
Ground Rent - £150 Per Annum
Service Charge - £4,216.88 Per Annum.

Accommodation

First Floor

Lounge/kitchen area, balcony, two bedrooms, en-suite and bathroom.

Additional Information

Council Tax

Band E.

EPC

Rating E.

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 & Payments

In addition to the deposit
Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Searches £360 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.