£95,000 /Sale price

This two bedroom duplex apartment with allocated parking space is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £10,200 per annum making this a great addition to a rental portfolio. The vendor has advised that the block is mainly occupied by young professionals with this flat being continuously let out for 20 years with no downtime or difficulty in finding new tenants. Burley Wood Court is located just off Kirkstall Road. Local buses depart 0.1 miles away and Morrisons supermarket is less than 0.5 miles away.Leasehold information:Length of lease - 99 years from 1st January 2004Ground rent - £400 Per AnnumService Charge - £2,046.92 Per Annum.Please note that the previous rent increase from £825 PCM to £850 PCM was a verbal agreement between the landlord and tenant and there is no documentary evidence to support this increase.