2 Bed Apartment For Sale

Guide Price £35,000 * Plus 5% Buyers Premium + VAT



For sale by unconditional online auction on the 16th of July 2025.



Registration is now open, bidding opens on 16th on July at 10:00 and ends on 16th July 2025on July at 14:35



TWO BED TWO BATH APARTMENT TO BE SOLD AT AUCTION - 32% GROSS YIELD ON GUIDE PRICE



Description

THIS 2 BED, 2 BATH WITH 2 OFF ROAD PARKING SPACES IS UP FOR AUCTION ON THE 25TH JUNE 2025



THIS INVESTMENT IS CURRENTLY GENERATING AN INCOME OF £11,400 PER ANNUM ON AN AST. YORK TOWERS IS LOCATED 10 MINS COMUTE TO LEEDS CITY CENTRE



The open plan kitchen/living area is spacious and modern which is flooded with natural light at all hours of the day time. The kitchen is modern with integrated appliances including: oven, hob, extractor fan and a full-size fridge/freezer.

The master bedroom is very spacious and light and is accompanied by a modern en-suite bathroom. The second bedroom is also a double room. The house bathroom is part-tiled, offering a very modern feel with an over-bath shower and heated towel rail.



£950 per month rent

£21 per month ground rent

£404 per month service charge

£524 Net Rental Income = 18% Yield on Guide Price



Legal Pack

A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.



Auction Information

To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.



UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).



Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.