Flat 12A Woodlands, The Spinney, Leeds LS17 6TQ

A one bedroom retirement apartment in North Leeds. The property is currently let and generating an income of £9,360. This equates to a NET return of almost 30%, when based on the guide price. The accommodation measures 730 sq ft and comprises lounge, separate kitchen, bedroom and shower room. Additional facilities include a communal entrance, lift to all floors, residents lounge, communal laundry, bookable guest suite and a wardens office. The apartment is currently managed by a local estate/lettings agent and this could be continued by the new owner. Lease Length 125 years from 1 March 1987. Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £2,400 inc VAT There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.…

From the Pugh & Co listing. Read the full listing and legal pack →