Book a FREE Valuation > Branches Contact Us


2 bed Flat For Auction
Flat 29 Whingate Mill,, Leeds, West Yorkshire, LS12

£60,000
Starting Bid
  • Property at Flat 29 Whingate Mill,, Leeds, West Yorkshire
  • Property at Flat 29 Whingate Mill,, Leeds, West Yorkshire
  • Property at Flat 29 Whingate Mill,, Leeds, West Yorkshire
  • Property at Flat 29 Whingate Mill,, Leeds, West Yorkshire
  • Property at Flat 29 Whingate Mill,, Leeds, West Yorkshire

Key Features

  • TO BE SOLD UNDER AUCTION TERMS
  • POTENTIAL YIELD OVER 15%
  • GREAT LOCATION
  • PROMISING BUY TO LET
  • OUTSKIRTS OF LEEDS TOWN CENTRE
  • For Auction on 24th April 2024
  • Lot 40

Full Description

View this property on a map

TO BE SOLD BY ONLINE AUCTION ON 24TH APRIL 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

** FLAT 29, WHINGATE MILL, LS12 3UH **


Not inspected by Edward Mellor but reported to comprise; lounge, refitted kitchen, two bedrooms, refitted shower room/WC, residents parking.

This presents a fantastic chance to acquire a promising buy-to-let property in a highly desirable area, offering a lucrative return on investment. Comparable properties command rental prices of around £750pcm, resulting in an impressive 15% yield based on today's guide price.

Strategically positioned on the outskirts of Leeds town centre, the property benefits from a prime location with high demand for rental accommodations. It is conveniently situated near various amenities, shops, St. Mary's Hospital, and offers easy access to transportation links for commuting to the city centre for work or leisure activities.

EPC RATING - D


Here are a handful of similar sold properties taken from Land Registry which highlight the potential to be unlocked:

20 Thornhill Place Leeds LS12 4LQ- Sold - 26/05/2023 £93,000 Flat 2 beds

26 Westfield Mills Edinburgh Avenue Leeds LS12 3UQ- Sold-08/03/2023 £80,000 Flat 0.18 mi

5 Winker Green Lodge Eyres Mill Side Leeds LS12 3DH-Sold-27/01/2023 £96,000 Flat 0.38 mi

Rental values in the area are in the region of £750 PCM

Important Information

  • Council Tax Band: B
  • Tenure: Leasehold
  • Years Remaining on the Lease: 116
Notice

Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.

You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Auction Office

65-81 St Petersgate
Stockport
Cheshire
SK1 1DS

Opening hours today:09:00 - 17:30
Open Now
 0161 443 4740
Telephone opening:09:00 - 17:30
Lines Open Now
More About Our Auction Branch