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Lot

021

Auction Ends: 04/12/2024 11:00 - Bidding opens Tuesday 3rd December 10:00 AM

Flats A-C, 115 Stanningley Road, Leeds, West Yorkshire, LS12 3NW

Sold

Sold for

£176,000

Additional Costs / Fees will apply

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Property Details

Location

Description

This substantial terraced property was divided into 3 x flats many years ago. It is currently fully let, generating an income of £18,060 per annum which equates to a healthy return of 12.5%, based on the guide price. Each of the flats has a living kitchen, bedroom, shower/bathroom, gas central heating boiler and double glazing.

Please note - We have access to the lower ground floor which appears to have been living space in the past and can be seen on the floorplan. It may have potential to be converted into a fourth income generating unit, subject to the necessary consents. Other terraces on the row have already done this.

The adjoining terrace, 117 Stanningley Road is also available to buy in our December catalogue should anyone wish to purchase both.

Location

The property is located 2.5 miles West of Leeds city centre and sits on one of the main bus routes. Armley town centre and the Leeds Liverpool canal are also close by.

Outside

Set back slightly from the main road with a small garden to the front, and a yard to the rear utilised by the ground floor flat.

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 3RD DECEMBER AND CLOSES ON WEDNESDAY 4TH DECEMBER.

3. Energy Performance Certificate: Flat 115a = C
Flat 115b = C
Flat 115c = C