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CHARLOTTE COURT WHEATON AVENUE LEEDS LS15 7SS FOR SALE ESTABLISHED 9 FLAT RESIDENTIAL INVESTMENT MODERN PURPOSE BUILT RESIDENTIAL INVESTMENT COMPRISING NINE FLATS 3 ONE BEDS AND 6 TWO BEDS ONE FLAT SOLD BY LONG GROUND LEASE CURRENT INCOME £39,300 PER ANNUM FULL RENTAL VALUE APPROX £44,000 ON BEHALF OF J BROWNLOW, JOINT LPA RECEIVER
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CHARLOTTE COURT WHEATON AVENUE LEEDS …...should rise to in the region of £44,000 on the letting of the last unit. LOCATION Charlotte Court is situated on Wheaton Avenue, just off

Aug 16, 2020

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Page 1: CHARLOTTE COURT WHEATON AVENUE LEEDS …...should rise to in the region of £44,000 on the letting of the last unit. LOCATION Charlotte Court is situated on Wheaton Avenue, just off

CHARLOTTE COURT WHEATON AVENUE LEEDS LS15 7SS FOR SALE

ESTABLISHED 9 FLAT RESIDENTIAL INVESTMENT

• MODERN PURPOSE BUILT RESIDENTIAL INVESTMENT COMPRISING NINE FLATS

• 3 ONE BEDS AND 6 TWO BEDS • ONE FLAT SOLD BY LONG GROUND LEASE • CURRENT INCOME £39,300 PER ANNUM • FULL RENTAL VALUE APPROX £44,000

• ON BEHALF OF J BROWNLOW, JOINT LPA RECEIVER

Page 2: CHARLOTTE COURT WHEATON AVENUE LEEDS …...should rise to in the region of £44,000 on the letting of the last unit. LOCATION Charlotte Court is situated on Wheaton Avenue, just off

INTRODUCTION Charlotte Court is a modern purpose built residential investment comprising 9 flats of which one has been sold, seven are let by way of Assured Shorthold Tenancies and one is currently vacant but being marketed. The property is offered for sale with the benefit of the existing income of £39,300 but which should rise to in the region of £44,000 on the letting of the last unit. LOCATION

Charlotte Court is situated on Wheaton Avenue, just off Cross Green Lane, in Halton, Leeds 15. Cross Green Lane spurs off the A63 Selby Road between Crossgates to the east and Harehills to the west. It lies in an entirely residential area surrounded by a variety of housing types including housing association flats and private terraces. The area is well served with public transport across the city, primary and secondary schools and retail provision in the Halton District Centre just to the west. DESCRIPTION Charlotte Court comprises a purpose built three storey block of apartments of brick construction under a pitched tiled roof. Set in self-contained grounds it benefits from two car parking areas to the front and rear. Each floor of the development has three flats, 1 one bed and 2 two beds. Flats are fitted with modern kitchens and bathrooms, underfloor central heating with individual room thermostats, double glazing and attractive common parts.

Page 3: CHARLOTTE COURT WHEATON AVENUE LEEDS …...should rise to in the region of £44,000 on the letting of the last unit. LOCATION Charlotte Court is situated on Wheaton Avenue, just off

TENANCIES Charlotte Court is let in accordance with the following tenancy schedule which is prepared at 26 February 2013:

FLAT NO. DESCRIPTION TENANCY START DATE RENT (PCM) RENT (PA) 1 Ground floor VACANT 2 Ground floor August 2011 £525 £6,300 3 Ground floor Owner occupied 4 First floor September 2010 £425 £5,100 5 First floor March 2005 £500 £6,000 6 First floor February 2013 £500 £6,000 7 Second floor October 2012 £425 £5,100 8 Second floor March 2009 £400 £4,800 9 Second floor April 2012 £500 £6,000

TOTAL £3,275 £39,300 Flat 3 has been sold by way of a long ground lease. A copy can be made available on request from our offices. TENURE AND TERMS We are pleased to offer the freehold interest of Charlotte Court for sale with the benefit of the income as set out above. Offers are invited on a subject to contract only basis in excess of £450,000. VIEWING AND FURTHER INFORMATION For further information arrangements to view or to discuss the purchase, please contact Tapp Chartered Surveyors on 0113 344 4445 SUBJECT TO CONTRACT Details prepared March 2013

Page 4: CHARLOTTE COURT WHEATON AVENUE LEEDS …...should rise to in the region of £44,000 on the letting of the last unit. LOCATION Charlotte Court is situated on Wheaton Avenue, just off

IMPORTANT NOTICE (Misrepresentation Act 1967) Tapp Chartered Surveyors and any other selling or letting agents of the property for themselves, the vendors or the landlords of the property described herein, give notice that:- 1. Prospective purchasers or tenants are strongly advised to check these particulars including any fixtures and fittings and any furniture,

furnishings, plant, machinery and other chattels expressed to be included in the sale or lease by making an inspection of the property and ensuring such items expressed to be included in the sale are available and in working order. Also prospective purchasers or tenants should make all necessary enquiries with Tapp Chartered Surveyors or other agents of the vendor / landlord and with all relevant professional advisors and all other appropriate authorities and other relevant bodies.

2. Prospective purchasers or tenants must satisfy themselves as to the correctness of these particulars. No warranty or undertaking is given as to the accuracy thereof.

3. In making an offer, prospective purchasers or tenants will be deemed to have made all necessary searches and enquiries.

4. Any plans or photographs or drawings shown in these particulars are to enable prospective purchasers or tenants to identify the

property. The plans are photographically reproduced and therefore not to scale except where expressly stated. The plans or photographs or drawings are not intended to depict the exact interest to be disposed of.

5. No warranty or undertaking is given in respect of the repair or condition of the property or any items expressed to be included in the sale. Prospective purchasers or tenants are strongly advised to arrange for full structural and if appropriate an environmental survey of the property by a professionally qualified person.

6. Any photograph or drawings of the relevant property or part thereof or the neighbouring area may not depict the property or the

neighbouring area at the date a prospective purchaser or tenant inspects the brochure. Prospective purchasers or tenants are strongly advised to inspect the property and neighbouring area.

7. These particulars are not intended to form any part of an offer for sale or lease or contract for sale or lease. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor or landlord are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor or the landlord and a purchaser or tenant.

8. Any prices, rents or service charges quoted are exclusive of Value Added Tax unless otherwise stated.