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

Agent: Linley & Simpson - Pudsey Phone: 0113 482 9389

This one bedroom apartment is available for sale at the popular high specification development with fully equipped stylish kitchen and resident parking is offered for sale via TRADITIONAL AUCTION.<br/><br/>The property is being sold with vacant possession, while it had been generating stable rental income at £795 pcm which would reflect a gross yield of over 12%.<br/><br/> An amazing opportunity has arisen at the popular high specification development, Greenleigh Court, located in LS28. This immaculate 1 bedroom apartment is not to be missed! <br/><br/>This contemporary apartment offers; a modern kitchen fitted with integrated appliances, an open-plan living area, double bedroom and a separate fitted bathroom suite. There is also a well-decorated communal entrance hall that offers a security intercom system, stairs, and a lift and also offers residential parking. <br/><br/>The whole apartment offers an abundance of natural light and a modern-day living arrangement.<br/><br/>With New Pudsey Railway Station being only a 7-minute walk, this development offers excellent local transport options into Leeds by train as well as bus. Very easy access to the ring road and the M621 and M1 motorways.<br/><br/>A new cycle route also runs outside the development right into Leeds City Centre!<br/><br/>This development takes its green credentials seriously. It will use Ground Source Heat Pumps (GSHP’s) to heat the building meaning lower energy bills and no electrical heating needed.<br/>Recycling facilities will also be on-site.<br/><br/>Owlcotes shopping centre is an 11-minute walk away, which offers a great variety of popular supermarkets such as ASDA, Marks and Spencer and B&M. Conveniently, surrounding the development is a great selection of local amenities including a Primary School, Gym, and a Post Office.<br/><br/>Agents Notes<br/><br/>We are advised that the property is leasehold, and we have been advised the following information:<br/><br/>Lease Length: 250 years (from 1 Jan 2018)<br/>Ground rent: £275 p.a.<br/>Service charge and estate schedule: £1,620 p.a.<br/><br/>Please refer to the Buyer Information Pack for details up to date.<br/><br/>Further information:<br/><br/>The property has been generating very stable rental income:<br/><br/>Previous Rental Income: £795 pcm<br/>Potential Rental Income: £825 pcm<br/>Potential Net Yield: 12%<br/><br/>Traditional Auction<br/><br/>This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).<br/><br/>The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.<br/>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.<br/><br/>The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.<br/><br/>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.<br/><br/>