Edinburgh Grove, Armley
£175,000

Guide price

Bedrooms: 5
Council Tax - B.

GREAT OPPORTUNITY TO ACQUIRE AN INVESTMENT PROPERTY!

FOR SALE BY MODERN METHOD OF AUCTION with Advanced Property Auction - starting price £175,000 plus reservation fees apply.

Wow!! A FANTASTIC OPPORTUNITY to purchase this blind, back semi detached property, comprising:

THREE STUDIO APARTMENTS (potential rental value of £100 pw per room &

TWO SELF CONTAINED APARTMENTS (potential rental value of £120 pw per apartment.

Offering POTENTIAL INCOME of £28,080 per annum when fully let.

The property would benefit from some internal improvements throughout & general updating, however, this is reflected in the price! Offering 16% yield based on the start price.

On street parking to front. IN ADDITION the property comes with LAND ADJOINING to the side which offers FURTHER POTENTIAL TO EXTEND (subject to planning approvals) or to CREATE MORE OUTSIDE SPACE/PARKING.

Early viewing a must! Will not be around for long! EPC - D

INTRODUCTION

GREAT OPPORTUNITY TO ACQUIRE AN INVESTMENT PROPERTY!

FOR SALE BY MODERN METHOD OF AUCTION with Advanced Property Auction - starting price £175,000 plus reservation fees apply.

Wow!! A FANTASTIC OPPORTUNITY to purchase this blind, back semi detached property, comprising:

THREE STUDIO APARTMENTS (potential rental value of £100 pw per room &

TWO SELF CONTAINED APARTMENTS (potential rental value of £120 pw per apartment.

Offering POTENTIAL INCOME of £28,080 per annum when fully let.

The property would benefit from some internal improvements throughout & general updating, however, this is reflected in the price! Offering 16% yield based on the start price.

On street parking to front. IN ADDITION the property comes with LAND ADJOINING to the side which offers FURTHER POTENTIAL TO EXTEND (subject to planning approvals) or to CREATE MORE OUTSIDE SPACE/PARKING.

Early viewing a must! Will not be around for long!

LOCATION

Armley offers excellent commuter routes into Leeds City Centre via the A647 & the B6154 the property is on one of the main bus routes affording easy access to Leeds city centre and the train station.The Armley Gyratory is close by and gives major links to the motorway networks for both the M1 and M62. Leeds Bradford airport is a short car journey away.

There are local shops and amenities to be found on Armley Town Street, with further amenities and a Railway Station in neighbouring Bramley. Within a short drive major retail stores can be found along the Ring Road, with the White Rose Shopping Centre close by.

HOW TO FIND THE PROPERTY

SAT NAV - Post Code - LS12 3RL.

ACCOMMODATION

The property is sited over three floors and consists of:

3 Studio Rooms &

2 Self contained apartments

GROUND FLOOR

Entrance door to ...

ENTRANCE HALL

With staircase up to the first floor, understair storage and doors to ...

STUDIO FLAT 1

5.66m x 4.29m (18'7 x 14'1 )

Great size with a window to the front elevation, living, bedroom and kitchen space.

STUDIO FLAT 2

5.66m x 4.45m (18'7 x 14'7 )

A great size with a window to the front elevation, lounge, bedroom and kitchen space.

LOWER GROUND FLOOR

SELF CONTAINED BASEMENT FLAT

5.66m x 4.17m (18'7 x 13'8 )

Good size with modern fitted kitchen, bedroom and living space. Window to the front elevation and external access from the front. Door to ...

SHOWER ROOM

3.51m x 3.10m (11'6 x 10'2 )

A really good size shower room incorporating a shower enclosure, electric shower, WC and wash hand basin.

FIRST FLOOR

LANDING

With doors to ...

STUDIO FLAT 3

5.66m x 4.29m (18'7 x 14'1 )

A great size with a window to the front elevation kitchen, lounge and bedroom space.

BATHROOM

2.77m x 1.88m (9'1 x 6'2 )

A good size with three piece suite and window to the front elevation.

SELF CONTAINED 1st flr FLAT

LIVING/DINING KITCHEN

4.32m x 3.25m (14'2 x 10'8 )

A good size with space for sofa, table and chairs and window to the front elevation. Kitchen units, electric oven, stainless steel sink with mixer tap.

INNER HALLWAY

With access to the ...

BEDROOM

2.77m x 2.39m (9'1 x 7'10 )

A small double with sliding doors through to the ...

SHOWER ROOM

2.39m x 1.55m (7'10 x 5'1 )

With shower enclosure, WC and wash hand basin. The boiler is housed here. Window to the side elevation.

OUTSIDE

Parking is on street. There is land adjoining the building down the side which offers further potential to either extend (subject to planning approvals) or to create more outside space ie parking for the tenants. Great space though to use as you please.

SPECIAL NOTE

We understand from the vendor that following a council inspection the property does not require a HMO license.

PLANNING & BUILDING REGS.

We are presently unable to confirm whether any appropriate planning permission or building regulation consents were obtained when altering the property, we do not hold on file, nor have we seen sight of any relevant supporting documents. Interested parties must satisfy themselves in this regard via their own Legal Representative.

BROCHURE DETAILS

Hardisty and Co prepared these details, including photography, in accordance with our estate agency agreement.

SERVICES - Disclosure Of Financial Interests

Unless instructed otherwise, the company would normally offer all clients, applicants and prospective purchasers its full range of estate agency services, including the valuation of their present property and sales service. We also intend to offer clients, applicants and prospective purchasers' mortgage and financial services advice through our association with our in-house mortgage and protection specialists HARDISTY FINANCIAL. We will also offer to clients and prospective purchasers the services of our panel solicitors, removers and contactors. We would normally be entitled to commission or fees for such services and disclosure of all our financial interests can be found on our website.

MORTGAGE SERVICES

We are whole of market and would love to help with your purchase or remortgage. Call Hardisty Financial to book your appointment today option 3.

01133 180059

Hardisty and Co - Horsforth

101/103 New Road Side, Horsforth, Leeds, LS18 4QD

See all properties from this agent

Send me homes like this by email

This field is required
Please enter a valid email address