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Leasehold

Offers over

£109,500

(£157/sq. ft)

2 bed flat for sale

Mabgate, Leeds LS9
2 beds
2 baths
1 reception
700 sq. ft
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Offers over

£109,500

(£157/sq. ft)

2 bed flat for sale
Mabgate, Leeds LS9

    • 2 beds

    • 2 baths

    • 1 reception

    • 700 sq. ft

  • EPC Rating: D

Leasehold

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 is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

    More information

    • Tenure

      Leasehold (78 years)

    • Service charge

      £3,156 per year

    • Council tax band

      B

    • Ground rent

    • Ground rent date of next review

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