Terraced house for sale in Low Lane, Horsforth, Leeds LS18

| to be sold via the modern method of auction | Starting Bid £135,000.
Rare to market! Exciting opportunity to purchase this commercial property which is set over four floors & consists of three separate units, comprising, a business premises, a 2 bed., apartment & a studio apartment.
This property has previously received a total rental income of £17,500 per annum but has scope to achieve circa £21,000 per annum with some modernising.
Note: Property to be sold with current tenants in situ. Call us now for more details & to arrange your viewing!

Introduction

| to be sold via the modern method of auction | Starting Bid £135,000. Rare to market! Such an exciting opportunity to purchase this commercial property which is set over four floors and consists of three separate units, a business premises to the ground and lower ground floor, currently tenanted, a two bedroom apartment to the first and second floor, currently tenanted and a studio apartment to the ground floor which is vacant. This property has previously received a total rental income of £17,500 per annum but has scope to achieve circa £21,000 per annum with some modernising to the apartments, the commercial property is nicely presented throughout, offering a shop front/seating area, four treatment rooms, WC and a kitchen area. Note: The property to be sold with current tenants of the business unit and two bedroom apartment in situ. Call us now for more details and to arrange your viewing!

Location

This is a prime residential location where you will find excellent schools to suit all ages, with pre-schools, also Kids Club and Trinity University all on hand. Amble to an array of eateries, bars, shops etc, with supermarket, park, banks etc also on hand. There are gyms, cricket, bowls, rugby, golf, running clubs, and a skate park, something for everybody. For commuters, Horsforth Train Station provides services to Leeds, York and Harrogate. Kirkstall Forge Train Station is located down the A65 and offers further means of convenient access into the City (8 mins) and surrounding areas. The Ring Road (A6120) and the (A65) are nearby and provide main road links to the commercial centres of Leeds, Bradford, York and Harrogate, a regular bus service runs into the City Centre and, for the more travelled commuter, Leeds-Bradford Airport is a short drive away. All in all, this location is sought after by a wide variety of buyers and enjoys a strong sense of community and a thriving village atmosphere.

How to find the property

Sat nav - Post Code - LS18 4DD.

Accommodation

The commercial unit is in very good condition but both flats require a full renovation.

Ground floor

336 low lane (tinkerbelles)
This ground floor unit is positioned on a busy and convenient Horsforth location at the bottom of Low Lane, The unit is currently let with a beauty salon (Tinkerbelles) with 4 years remaining on the lease agreement, The tenant currently pays £6750 per annum. The business premises consists of a ground floor and lower ground floor accommodation. Nicely presented throughout with modern décor and furnishings. The premises layout currently offers a business shop front/ sitting area, 4 treatment rooms, WC and Kitchen area. Please note, property is to be sold with tenant in situ.

336A low lane (1st flr)
This is a two-bedroom apartment which is accessed via the rear of the property with stairs leading up to the first floor, The property sites over two floors being first and second floors and offers a spacious accommodation to each room throughout. Currently tenanted to a long standing tenant who currently pays £495 per month (£5940 per annum). The apartment would benefit from some modernising throughout but has scope to increase the rental value up to £600 - £650 per month once modernised. The apartment briefly comprises: 1st flr., Ent porch, Kitchen Diner, Bathroom, Separate WC & Lounge. 2nd flr., 2 double bedrooms. Please note, property is to be sold with tenant in situ.

336B low lane (Ground flr)
This is a studio apartment, accessed via the rear of the property and positioned to the ground floor. This property is currently vacant but was previously let for £450 per month. This studio apartment would benefit from modernisation throughout and once modernised offers scope to achieve £525 - £550 per month rental income. Briefly comprising: Separate Kitchen, Lounge/Bedroom & Shower room.

Brochure details

Hardisty and Co prepared these details, including photography, in accordance with our estate agency agreement.

Services - Disclosure of Financial Interests

Unless instructed otherwise, the company would normally offer all clients, applicants and prospective purchasers its full range of estate agency services, including the valuation of their present property and sales service. We also intend to offer clients, applicants and prospective purchasers' mortgage and financial services advice through our association with our in-house mortgage and protection specialists hardisty financial. We will also offer to clients and prospective purchasers the services of our panel solicitors, removers and contactors. We would normally be entitled to commission or fees for such services and disclosure of all our financial interests can be found on our website.

Mortgage services

We are whole of market and would love to help with your purchase or remortgage. Call Hardisty Financial to book your appointment today option 3.

Modern method of auction (iamsold)
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (Iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.<br /><br />