Vesper Road, Leeds, LS5

Circa £210,000

Description
An ideal investment opportunity to acquire the freehold of a semi-detached building currently divided into three self-contained apartments. The ground floor has the benefit of gas fired central heating with first and second floors of electric heating. The whole building is double glazed with Upvc replacement sealed unit double glazing, with additional Velux roof lights on the top floor. The building has been previously rented out, though will be vacant by the auction date and with vacant possession upon completion. The previous rental figures were, Flat 1, £550 pcm, Flat 2, £535 pcm and Flat 3, £435 pcm. This equated to an annual income of £18,240 when fully occupied. The apartments are all finished to a good standard with the addition of a small forecourt style garden, concrete surfaced yard to the rear, providing ample parking for numerous vehicles and in addition a single garage. The current owner has looked at additional income streams in the form of air B&B for the caravan currently sited and rental of the garage for storage.

Location
The property is situated within a reasonable distance of the shopping and recreational facilities of Kirkstall and new Kirkstall train station. This makes the building ideal for the rental market.

Tenure
Freehold with vacant possession upon completion.

Services
All mains services are connected to the property

Energy Performance Certificate (EPC) Rating
139 Grade D, 139a Grade D, 139b Grade C.

Solicitors
Newtons Solicitors, St Jame's Business Park,
5 Grimbald Crag Court, Knaresborough, HG5 8QB.
Tel: 01423 789050. FAO: Meryn Astwood.

Joint agents
Acorn Estates, 71 High Street, Yeadon, Leeds, LS19 7SP.
Tel: 0113 2391193. FAO: Christine Hands.

Auction viewings take place as blocked appointments.
Tel. 01423 501211.

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Our next auction is on 7 December 2017

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