Lot
057
Auction: December 2023 Online Auction 06/12/2023 - Bidding opens Tuesday 5th December 10:00 AM

7 Arthington Place / 8 Arthington View, Hunslet, Leeds, West Yorkshire, LS10 2ND

Property Details
Location
Auction Details
Description
High Yielding Investment Opportunity - This converted terrace, in Hunslet, is fully let and currently generates an income of £38,545 per annum. This equates to a return of more than 16% based on the guide price.

The property is configured as 4 x studios and 2 x flats, to the lower ground and top floor. Each studio has a kitchenette and shower room. Two of the units are separately metered and the remainder are let 'inclusive of bills'. A new owner will be able to make changes to this arrangement if they wish. Please refer to the legal pack for a breakdown of rents and a full set of tenancy agreements. Three of the tenants have lived in the property between 3-5 years and the owners have tended to improve the units when they have become vacant.

The building recently had external insulation and high efficiency storage heaters installed, providing all units with an EPC rating of C and confidence for a landlord.
Location
Located in Hunslet, two miles south of Leeds city centre.
Accommodation

Lower Ground FloorFlat - Hall, Living Bedroom, Kitchen and Bathroom.
Ground FloorHall, Room 1, Flat - 8 Arthington View
First FloorLanding, Room 2, Room 3
Second FloorFlat (4) - Living Kitchen, Bedroom and Shower Room

Outside
Yards to the front and rear.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 5TH DECEMBER AND CLOSES ON WEDNESDAY 6TH DECEMBER.

3. Energy Performance Certificate = C

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