£170,000 /Sale price

***INVESTORS ONLY* A GROUND FLOOR TWO BEDROOM APARTMENT forming part of a select development in Shadwell. Leasehold for a term of 125 years from 2003. Service charge: £1440 for 2024. Ground Rent: £250per annum. Council Tax Band B. GENERALWith the benefit of NO ONWARD CHAIN and presented to the market with an existing tenancy until January 2026, this is a great opportunity for a landlord to purchase a ready made investment. The property has electric heating, double glazed windows and modern fixtures and fittings throughout. Comprising: communal entrance, private entrance hall, open plan reception room with kitchen and lounge areas, one double bedroom, a large single bedroom and a bathroom with over bath shower. This is a gated development located close to local amenities at Slaid Hill and with ample resident and visitor parking at the rear. The property has been let for several years to the same tenant, who currently pays £685pcm, with the rent increasing in January 2025 to £850pcm. AN INTERNAL INSPECTION IS ESSENTIAL TO FULLY APRECIATE THIS WELL POSITIONED APARTMENT. AREAThe sought-after residential suburb of Shadwell has long been popular with buyers of all ages who appreciate the character of the area and leafy tree lined avenues. There is a range of excellent local schools for all ages and grades in the area, including The Grammar School at Leeds, together with a choice of highly regarded children's nurseries. The village has local amenities including a post office and a pub (The Red Lion), and there are more shops located at Slaid Hill which is approximately 5 minutes away by car. Leafy Roundhay Park offers many recreational amenities including parkland walks, the boating lake, the sweeping lawns and sports grounds on Soldiers Field, pretty Canal Gardens and Tropical World, which is a particularly popular attraction with children. Regular transport services are available which provide access to the city centre and surrounding areas and the outer Ring Road is also close by, providing access to the business centres of Harrogate, York and Bradford and the A1-M1 link road for those commuting further afield. PRIVATE ENTRANCE HALLWith a door entry intercom system and a cupboard housing the hot water tank. Leading toRECEPTION ROOMA delightful room comprising a kitchen area at one end and a lounge area at the other, with French doors at the front. The lounge area has a carpeted floor and a furniture friendly footprint. The kitchen is fitted with a range of wall and base units, complementary worktops and splash tiling. There is an integrated fridge/freezer, electric oven & halogen hob, extractor hood and washing machine. BATHROOMComprising a panelled bath with over bath shower, a low level WC and a pedestal washbasin. This room has a tiled floor and there is splash tiling around the shower area and sink. BEDROOM (DOUBLE)This is a well-proportioned carpeted room with ample floor space for bedroom furniture including full height wardrobes.BEDROOM TWO (LARGE SINGLE)With a carpeted floor and space for a bed, wardrobe and chest of drawers. OUTSIDEThere is ample off road parking for residents and visitors, located at the rear of the development. MATERIAL INFORMATIONTENURELeasehold for a term of 125 years from 2003.GROUND RENTOur seller informs us the annual ground rent is £250 per annum.SERVICE CHARGEWe understand the service charge for 2024 is £1440. SERVICESThe property has mains electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.BROADBAND/MOBILE SIGNAL & COVERAGEBROADBAND is available in this area / MOBILE SIGNAL & COVERAGE is available in this area.FLOOD RISK & PLANNING PERMISSIONFLOOD RISK not known to be an issue / PLANNING PERMISSION none in the immediate area.COUNCIL TAX BAND B