2 bed terraced house for sale

Raincliffe Grove, Richmond Hill, Leeds LS9

For Sale to Investors only– A 4 storey 2 bed back to back terraced house currently let at £8125 Per annum (£625 every 28 Days) – making it an ideal ready-made investment Opportunity!

***For Sale by Modern Method of Auction for Investors only***

A 2 Bedroom Mid Terraced Back-to-Back Home located in a sought-after area on the eastern fringe of Leeds city centre, the property is currently tenanted, producing a rental income of £8125 per annum (£625 payable every 4 weeks) and is being sold with the current tenants in situ.

Boasting uPVC double glazing, gas central heating, and a new roof in 2023 the accommodation is arranged over four levels and comprises:

Accommodation

Ground Floor
Lounge area with double glazed door and window front, with a focal fireplace and leading to Kitchen and staircase to the first floor.
The kitchen features a double-glazed window to front, a range of wall and base units with work surfaces over, integrated oven, hob and hood, sink unit, space for white goods, . A door from the kitchen leads to the Cellar.

Lower Ground Floor
Useful cellar space with fitted cupboards housing meters, fuse boxes and combi boiler, meters and fuse boxes. An additional storage aera is to the side and double glazed French doors lead out to the front.

First Floor Landing with staircase rising to 2nd floor and access to first floor rooms
Bathroom with double glazed window to front and bathroom suite comprising bath with shower over, W.C and wash hand basin, tiled walls and extractor fan.

Also on this floor is a well-proportioned double bedroom with double glazed window to the front.

Second Floor
Landing area ideal for storage or as a home office leading to a spacious double bedroom with double glazed dormer window to front, providing ample space and natural light.

Outside
The property has an enclosed front garden laid to lawn with steps leading up to main entrance and a slope down to cellar entrance with street parking outside.

Location
Situated in the Burmantofts/East End Park area, approximately 1.5 miles east of Leeds city centre, the property is ideally placed for access to local amenities and public transport links via York Road/A64. The city center is a short 10-minute drive or accessible by regular bus services. St James’s Hospital is just a 10-minute walk away. Local shops are within easy reach, with a wider range available in nearby Lincoln Green. Schools such as Co-op Academy are also close by, making this a popular area for both professionals and families.

For sale by Modern Method of Auction this is an ideal investor opportunity for those seeking a strong rental return,

material information:
Tenure

The property is Freehold.
Services

The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband & mobile coverage

Broadband is available in this area / mobile signal & coverage is available in this area.
Flood risk & planning permission

Flood risk – not known to be an issue / planning permission – none in the immediate area.
Council tax band A
auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.
Referral arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended, as it is believed they will be of benefit, you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted, the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.