Property for sale

Dewsbury Road, Leeds, West Yorkshire LS11

This mixed-use property provides a fantastic income for an investor looking to add to their portfolio. It comprises five self-contained studio flats (two with separate kitchen areas), all rented at £673pcm and a retail unit with basement storage area, rented at £700pcm. In total generating an income of £48,780 per annum.

The property is in good condition, but could also be improved should a buyer wish. Externally, the property has a yard to the rear and is located on Dewsbury Road in Leeds 11, above Cross Flatts Park, in a popular residential area just 1.5 miles south of Leeds city centre. The property, being on the doorstep of the White Rose Shopping Centre, is in an excellent position for trading and provides good access to the motorway network.

Please note: The flats have an official address of 2 Mafeking Mount, Leeds, LS11 7BX.

Lower Ground Floor

Cellar

Ground Floor

Retail unit with kitchen and WC.
Studio 1: Bedroom, kitchen and shower room

First Floor

Studio 2: Bedroom/kitchen and shower room
Studio 3: Bedroom/kitchen and shower room
Further shower room

Second Floor

Studio 4: Bedroom/kitchen
Studio 5: Bedroom, kitchen and shower room

Externally

Rear yard

Additional Information

Council Tax

Leeds City Council

EPC Ratings

Retail Unit: D
Ground Floor Flat: D
Flat 1: D
Flat 2: D
Flat 3: D
Flat 4: E

Tenure

Freehold

Charges And Payments

In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 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.