Flats 1-12, Fairfax Road, Leeds, West Yorkshire LS11 8SY, UK

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Property type: ?

Bedrooms: 12

Bathrooms: 11

Receptions: ?

Year built: ?

Total Plot Size: ?

Total Inside Area: ?


Last Sold: N/A

Price: N/A


What can it be sold for now?

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Agents think: £425,000  1 agent(s) valuations found

HPI banks think: £NaN


CHAT:

2021-09-16 22:24, User_1

Auction House West Yorkshire Agent Valuation of this property is £425,000

Description:

This striking detached building is currently generating a rental income of £46,000 per annum equating to a return of almost 11% when based on the quoted guide price. The property was converted into flats many years ago and currently comprises eight studios and four one bedroom flats. At present, two of the ground floor studios are vacant and although the basement is currently being used as storage, we have been advised by the seller it too has been used for residential accommodation at some point in the past. Externally the property has a driveway and parking to the side and rear with a generous garden fronting Cemetery Road.

The property is located within the Beeston selective licencing area and is just a short walk from the many shops and amenities on Beeston Road. Leeds city centre is just 1.5 mile to the north.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Accomodation

Cellar Storage

Ground Floor

Flats 1-5

First Floor

Flats 6-9

Second Floor

Flats 10-12

Externally

Driveway

Charges And Payments

In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Search Fees: £240 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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