Melville Place Woodhouse, Leeds, West Yorkshire, LS6

*Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid �230,000*

**Attention investors!** An opportunity to purchase a 4 bedroom house which is let room-by-room, and a 1 bedroom basement flat which is also let. Each unit has its own title and the house has C4 planning (HMO consent) in place. The property as a whole has been incoming an impressive �2090pcm gross or �25,080pa giving a yield on asking price of 9.6%.

Please note the house now requires a programme of modernisation throughout. The photos are shown prior to tenants taking occupation and are not indicative of current condition.

LOCATION
Melville Place can be found in the very popular Woodhouse in LS6. Tenant demand is very high with both professionals, and students due to the proximity of the university. Leeds city centre is easily accessed via Meanwood Rd and is only 1.5 miles away. Hyde Park is a short walk from the doorstep, and the centre Headingley is also within walking distance, making this a very convenient location.

COMPRISING
The house
A 4 double bedroom house arranged over 3 floors with 2 shower rooms, communal lounge, and separate kitchen let to tenants on individual AST's.

GROUND FLOOR
Accessed from a front communal entrance door and via a kitchen door

Kitchen-diner
Spacious kitchen having wood effect units and laminate flooring.

Lounge
Communal living space having windows into a bay. Laminate flooring.

FIRST FLOOR
Stairs lead to the first floor landing

Shower Room 1
Modern shower room on the front elevation having a shower enclosure with electric shower, WC, and wash basin.

Bedroom 1
Medium sized double bedroom to the front elevation. Currently let for �350pcm including bills on a periodic tenancy.

Bedroom 2
Small double room to the rear elevation. Has recently come vacant but was last let for �380pcm including bills.

Shower Room 2
Shower room on the rear elevation having a shower enclosure with electric shower, WC, and wash basin.

SECOND FLOOR
Stairs lead to the 2nd floor where a further 2 generous double bedrooms can be found.

Bedroom 3
Double bedroom to the front elevation. Currently let for �370pcm including bills on a periodic tenancy.

Bedroom 4
Large double bedroom to the rear elevation. Currently let for �390pcm including bills on a periodic tenancy.

BASEMENT FLAT
Accessed from the communal ground floor entrance, stairs lead to a converted 1 bedroom basement flat. The flat is currently let for �600pcm on a periodic tenancy.

Lounge and open plan kitchen
A spacious living area open to a modern kitchen. Laminate flooring
Bedroom
A generous double bedroom
Shower Room
Newly installed contemporary shower room having shower enclosure, WC, wash basin, and heated towel warmer.

FREEHOLD/LEASEHOLD DETAILS

Freehold to be transferred to new owner with the sale.
Each property has its own leasehold title so could be sold separately in future.

Lease term on separate titles: 987 years
Service charge: �0
Ground Rent: �0

Services
There is a gas meter serving the Basement Flat and a further gas meter serving the house. There is one electric meter and one water meter for the property.

Additional
Furniture and white goods included in the sale

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A�Legal Pack�associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments.�It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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Tenure: Freehold

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Melville Place, Woodhouse, Leeds, West Yorkshire, LS6

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