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.

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 30TH JANUARY AND CLOSES ON WEDNESDAY 31ST JANUARY.

3. Energy Performance Certificate = Flat 1, 7 Arthington Place = C
Flat 2, 7 Arthington Place = C
Flat 3, 7 Arthington Place = C
Flat 4, 7 Arthington Place = C
8 Arthington View = E
8A Arthington View = D
Basement Flat 8 Arthington View = C
Ground Floor flat 8 Arthington View = C