Edinburgh Terrace, Leeds, West Yorkshire, LS12 3RH
Online auction
This three-bedroom end of terrace property, situated just off Armley Town Street offers superb potential as a buy to let investment with potential to generate between £850 and £900pcm as a single let in a popular rental area, with good transport links and easy access to Leeds City Centre.
The property benefits from a spacious kitchen/reception room providing access to a cellar benefiting from plumbing for a washing machine and dryer, three bedrooms and a family bathroom – all set over 4 floors. There is excellent opportunity for a buyer to carry out further improvements, increasing re-sale and rental value with a potential, post work rental net yield of over 8% as a single let.
The kitchen itself was only installed approximately 4 years ago and features fitted base and wall units incorporating a stainless-steel sink/drainer with mixer tap plus an electric oven with gas hob and overhead extractor. The property has three carpeted bedrooms – 2 doubles and 1 single plus a tiled bathroom which would benefit from some modest improvement. There is scope to extend onto the area to the side of the property STP. Externally can be found ample on street parking.
Situated in the poplar LS12 location, Edinburgh Terrace – situated just off Armley Town Street, offers excellent access to Leeds centre and a number of local amenities. The area is well served by regular transport links and offers good access of the motorway network.
ADDITIONAL INFORMATION
Potential Rental Income - £900pcm
C4 Planning: No. We recommend this property is best suited as a single let.
EPC - D
Tenure: Freehold
Heating: Gas Central Heating

This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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