Whingate, Leeds, West Yorkshire, LS12

***NOW AVAILABLE***

Portfolio Properties are pleased to offer this second-floor apartment is located within the well-known Whingate Mill development and is offered for sale via traditional auction. The property is currently tenanted and producing a gross annual rental income of £7,116, making it an ideal ready-made addition to a buy to let portfolio.

The accommodation includes an open plan lounge and kitchen area, a main bedroom, an additional sleeping area and a shower room. The layout is practical and continues to attract consistent tenant demand due to the location and affordability.

Location
Whingate Mill is well positioned for easy access to Leeds city centre, offering a wide range of shops, restaurants, bars and cultural attractions including museums and galleries. Local amenities are within walking distance, including supermarkets, parks and everyday essentials.
Transport links are strong, making this a popular choice with tenants working in and around the city.

Investment Information
* Current gross rent: £7,116 per annum
* Lease length: 125 years from 1 January 2016
* Ground rent: £200 per annum
* Service charge: £1,998.23 per annum

This property offers an attractive yield at the guide price, with long lease length and proven rental performance.

Additional Information
* Tenure: Leasehold
* Council Tax: Band B
* EPC Rating: D
* Externally: Communal parking available

Viewings and Next Steps
Properties at this price point with a tenant in situ attract strong investor interest. We recommend early inspection to assess the layout, tenancy and rental performance. Auction properties move quickly and early due diligence is advised.

Early viewing is strongly recommended.

Disclaimer - Portfolio Properties believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof.

The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/herself of all measurements prior to purchase.

Before we can accept an offer for any property, we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property, we will require proof of funds.

You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Portfolio Properties will not be held responsible for any failure to disclose any such defects.


Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that we will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars