44 Headingley Mount Leeds - LS6 3EW - Rightmove
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44 Headingley Mount Leeds
LS6 3EW
Guide Price £695,000
Detached Block of Flats with Freehold
6 x Two Bedroomed Flats
Potential Gross rent of circa £60,000
VIEWING ESSENTIAL
Prime Central Headingley Location
Off Street Parking & Gardens
21 OTLEY ROAD HEADINGLEY LEEDS LS6 3AA T: 0113 278 7427 enquiries@castlehill.co.uk www.castlehill.co.uk
A RARE AND EXCITING OPPORTUNITY TO PURCHASE A DETACHED FREEHOLD BLOCK OF SIX FLATS, SITUATED IN THIS PRIME CENTRAL HEADINGLEY LOCATION, JUST A FEW MINUTES WALK TO THE CRICKET GROUND, EXTENSIVE AMENITIES, SHOPS, BARS AND RESTAURANTS AND WITHIN EASY REACH OF LEEDS CITY CENTRE & UNIVERSITIES. Flat 1, 3 & 5 have been let from 1st July to 28th June 2021 at an annualised gross rent of £9,048 per unit. Flat 4 has been let from 1st July to 28th June 2021 at an annualised gross rent of £11,440 The remainder of the flats are currently vacant, although they are being actively marketed and may be let during the marketing process. We believe with further upgrading works, there is potential for a circa £60,000 p/a total rent roll. There are 3 x 2 bed flats and 3 x 3 bed flats, although all of them are being let on a 2 bed basis as there is not a continuous letting history to support C4 use for the 3 bed flats. Externally there are parking spaces to the front and some lawned communal space to the rear. The title currently includes the freehold of the neighbouring block of flats on Derwentwater Grove - new title boundaries can be agreed by negotiation to include just the freehold of this property or a sale agreed to include the freehold of the whole site. We are advised the Derwentwater Grove block has a very similar layout comprising 6 flats, subject to individual 99 year leases from 1995 with annual ground rents of £50 per flat. We strongly advise internal viewing to appreciate the full potential.
Location Viewings
Travelling from Headingley on North Lane as it continues into Kirkstall Lane All viewings are by appointment. Please note that some viewing
Headingley Mount is on the right. arrangements may require at least 24 hours notice.
Council Tax Band B Appliances/Services
Tenure Freehold None of the above appliances/services have been tested by ourselves. We
Possession Subject to existing tenancy agreements recommend purchasers arrange for a qualified person to check all
Flat 1, 3 & 5 have been let from 1st July to 28th June 2021 at an appliances/services before legal commitment.
annualised gross rent of £9,048 per unit.
Flat 4 has been let from 1st July to 28th June 2021 at an annualised gross Management Clause
rent of £11,440 If a third party agent is involved with the letting of this property, there
Offer procedure may be associated obligations and fees for a buyer. We advise your legal
If you would like to make an offer on this property, please contact our advisor checks any agreements or contracts prior to commitment.
office as soon as possible. Any evidence of funding you can provide to
support your offer will help to inform the seller of your position. These particulars are intended to give a fair description of the property
We strongly advise taking independent mortgage advice and can but their accuracy cannot be guaranteed, and they do not constitute an
recommend a mortgage broker along with other property professionals. offer or contract. Intending purchasers must rely upon their own
inspection of the property.
21 OTLEY ROAD HEADINGLEY LEEDS LS6 3AA T: 0113 278 7427 enquiries@castlehill.co.uk www.castlehill.co.uk
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