Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: Auction House - West Yorkshire Phone: 0113 427 9292

This one bedroom first floor apartment has been let to a long-standing tenant of over 15 years and is currently generating an income of £5,280 per annum. When based on the quoted guide price that equates to a gross return of more than 15%!<br/><br/>The property comprises a living room, kitchen, bathroom and bedroom and has recently enjoyed the benefit of a lease extension of over 900 years. <br/><br/>Situated 2.4 miles to the South of Leeds city centre the property sits on a quiet cul-de-sac with excellent transport links close by.<br/><br/>Leasehold information:<br/>Lease Length - 999 years from 04/09/1991<br/>Ground Rent - Peppercorn <br/>Service Charge - £100.52 pcm.