Offers over
£130,000
(£186/sq. ft)
2 bed flat for saleMabgate, Leeds LS9
2 beds
2 baths
1 reception
700 sq. ft
EPC Rating: D
- Leasehold
Let Property
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About this property
This two-bedroom flat is located in Leeds, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.
This is a brilliant opportunity for investors!
This property offers two bedrooms and two bathrooms, including an en-suite attached to one of the bedrooms. It also benefits from a shared private parking area accommodating approximately five cars. Ideally suited for working professionals, the property is conveniently located just a 10-minute walk from the city centre
Investment Details:
The property generates an annual gross income of £9,000 which the new owner could increase to a market rate of £12,648 with long-term tenants currently situated. The purchase price makes it a worthwhile addition to any investor’s portfolio.
Please see the Let Property Pack linked below for more details on this property’s investment potential.
Tenancy Details:
The current tenants have resided in the property for 8 months and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.
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More information
Tenure
Leasehold (78 years)
Service charge
£3,156 per year
Council tax band
B
Ground rent
Ground rent date of next review