DescriptionThis substantial through terrace, located in the centre of Headingley, comprises 1 x 3 bedroom flat and a 1 x 1 bedroom flat, also known as 28A Grimthorpe Road. Let in this configuration for more than 40 years, the property is currently generating an income of £22,920 per annum. This equates to a return of more than 12%, based on the guide price, which is considerably higher than average for a prime Headingley location.
A new owner has options - convert the dwelling into 2 x 2 bedroom flats, an HMO, or even back into a single dwelling.
LocationLocated in the centre of Headingley with immediate access to its range of bars, cafes and local supermarkets. Headingley Cricket Ground and Rugby Stadium are on the doorstep and Leeds city centre is only 2 miles away.
General1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.
3. Energy Performance Certificate = 28 Ash Road - C
28 Grimthorpe Avenue - D
CostsDetails of the Buyer's Premium and any additional fees payable are contained within the legal documents.
OutsideYard to the rear.