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Oakwood Avenue, Oakwood, Leeds, West Yorkshire, LS8

££1,100,000

12 Bedroom Flat For Sale

SUMMARY
For sale via the Modern Method of Auction is this excellent portfolio of 12 flats within large 3 converted Victorian terraced (freehold) properties. Most of these units are already tenanted. Oakwood Avenue is a lovely tree lined street behind Oakwood shops and just a few minutes walk from Roundhay Park. Tenant demand here is extremely high year round. Many of the flats would benefit from further modernisation now which would greatly increase the rental potential. Capital growth prospects in this area are extremely high.

AUCTIONEER COMMENTS
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

LOCATION
Oakwood Avenue is located just 3 miles north east of the city centre. A main bus route with a frequent service to the city centre and beyond is available from Roundhay Road just a stone's throw from here. Also within a few minutes walk is the ever popular Roundhay, and Oakwood shops where a range of superb bars, restaurants, cafes, and independent retailers can be found. This area continues to be one of the most popular locations in all of Leeds for professional tenants.

6 OAKWOOD AVENUE, OAKWOOD AVENUE, LEEDS, LS8 2HZ
Currently let and generating approx. £26,400pa
6 Oakwood Avenue is split into 4 x 1 bed flats as follows

GROUND FLOOR FLAT - currently let at £575pcm

A bright and spacious flat with high ceilings and briefly comprising of

Lounge
Spacious lounge having a large bay window. Laminate flooring. Original cornice. Furnished with 2 x sofas, dining table and chairs, coffee table.

Kitchen
Modern kitchen having cream units. Laminate flooring.

Shower Room
Shower room having a white suite and partially tiled walls. Electric shower. Vinyl flooring.

Bedroom
Large double bedroom with laminate flooring. .

Gas central heating. Single glazed window.

GARDEN FLAT - currently on the market at £575pcm

Accessed via it's own private entrance to the rear of the property and consisting briefly of

Lounge
A spacious lounge with carpeted floor

Kitchen
Pine units.

Bedroom
Double bedroom with a built in wardrobe

Bedroom
A single bedroom with a built in wardrobe

Externally there is a patio area

Single glazed windows. Gas central heating.

FIRST FLOOR FLAT - currently let at £550pcm

Briefly comprising

Lounge
A bright airy room having laminate flooring. Decorated in modern, neutral colours.

Kitchen
Featuring marble effect worktops and modern, white kitchen units. .

Bedroom
A spacious double bedroom located to the rear of the property.

Bathroom
Modern en-suite bathroom having shower over bath & tile effect vinyl flooring.
Single glazed windows. Gas central heating.

TOP FLOOR FLAT - currently let at £525pcm

Briefly comprising

Lounge
A bright and airy living space

Kitchen
Laminated worktops and modern white units

Bedroom
A double room to the rear elevation

Shower Room
Shower enclosure, WC, wash basin.

Single glazed windows. Gas central heating.

35 OAKWOOD AVENUE, OAKWOOD AVENUE, LEEDS, LS8 2HZ
Currently let and generating approx. £24,600pa

GROUND FLOOR FLAT - currently vacant (previously let at £625pcm)

A spacious 2 bed flat briefly including

Lounge
With bay window

Kitchen
Bedroom
Shower room
Bedroom

STUDIO FLAT - currently let at £400pcm

Open plan kitchen/living/bedroom

Shower room

FIRST FLOOR FLAT - currently let at £575pcm

Briefly comprising

Kitchen
Lounge
Bedroom
Bathroom
Single glazed original windows.
Electric storage heating

TOP FLOOR FLAT - currently let at £450pcm

Briefly comprising

Kitchen/Lounge
A spacious open plan living and kitchen area featuring wood effect laminate flooring and a large velux window.

Bedroom
A spacious double room located to the rear of the property.

Bathroom
Modern white suite with shower unit and wash basin. There is a separate WC.

Single glazed original windows.

Electric storage heating

41 OAKWOOD AVENUE, OAKWOOD AVENUE, LEEDS, LS8 2HZ
Currently let and generating approx. £25,500pa

A bright and spacious 2 bed ground floor flat featuring high ceilings, woodland views, off street parking, and a private entrance. Oakwood Avenue is a very popular leafy street close to the city centre, Oakwood shops, and Roundhay Park. A single detached garage to the rear of the property is also included with this property.

GROUND FLOOR FLAT - currently let at £625pcm

Lounge
A large dual aspect room with lovely woodland views, and a feature fireplace. Laminate flooring.

Kitchen
Galley kitchen with wooden units.

Bedroom
A spacious double room with dual aspect windows, and high ceilings.
Rear hallway and private entrance to the side of the property.

Bathroom
Modern suite with electric shower over bath. Tiled floor.

Bedroom
A small double/large single room.

Gas central heating. Single glazed windows

FIRST FLOOR FLAT - currently let at £550pcm

A bright and spacious 1 bed first floor flat featuring high ceilings and period features. This flat benefits from being located on the gable end, offering ample light and woodland views. Oakwood Avenue is a very popular leafy street close to the city centre, Oakwood shops, and Roundhay Park.

Lounge
A large living area featuring high ceilings with original cornicing, laminate flooring, feature fireplace and large windows creating a light and airy living space. This room benefits from extra windows located on the gable end offering extra light and a fantastic aspect onto the woodland

Kitchen
A modern kitchen with cream units and black marble effect work surfaces. Comes equipped with electric oven & hob, washing machine and large fridge/freezer.

Bedroom
A generous double bedroom featuring, laminate flooring, original cornicing, feature fireplace and dual aspect windows with woodland views.

Bathroom
Modern white suite with mains shower over bath and partially tiled walls.

Single glazed windows. Gas central heating.

TOP FLOOR FLAT - currently let at £550pcm

Briefly including

Lounge
A modern living space with pitched ceilings and laminate flooring.

Kitchen
Separate kitchen having white units and sash window.

Bedroom
A double bedroom with laminate flooring and sash window with venetian blinds. Furnished with double bed, double mattress and free standing wardrobe

Shower room
Modern white shower unit with electric shower, WC, and wash basin.

Single glazed windows. Electric storage heating.

STUDIO FLAT - currently let at £400pcm until 21/04/21. Currently on the market at £400pcm

Entrance hall.

Living Space/Bedroom. Furnished with a sofabed with laminate flooring.

Kitchen with modern gloss units.

Modern bathroom including separate shower unit, white suite and tiled flooring

These properties form part of a larger portfolio which is also being sold by the modern method of auction and those can be found here
https://www.rightmove.co.uk/properties/102020204/
 

Floorplans

floorplan

EPC

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Office Details

Dwell Leeds
5-6 St Chads Parade
Otley Road
Leeds
LS16 5JH

0113 246 4860
info@dwell-leeds.com