Offers over

£120,000

2 bed flat for sale
Ash Tree Apartments Ash Tree Garth, Leeds LS9

    • 2 beds

    • 1 bath

  • EPC Rating: D

Leasehold
Reduced on 06/05/2026

About this property

  • Allocated parking included

  • Service charge: £191.66 pcm

  • Ground Rent: £20.83 pcm

  • Lease Remaining : 244 years

  • Less than 10 minutes from Leeds city centre

  • Tenants in situe

A ready-made investment opportunity located within a consistently strong rental area in Leeds, currently generating approximately £1,200 pcm from reliable long-term tenants with no arrears history, offering a secure income-producing asset from day one.

Priced competitively below comparable market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 12%. Comparable rental properties within the LS9 area and surrounding Leeds East regeneration zone are achieving approximately £1,000–£1,300 pcm, reflecting strong demand driven by proximity to the city centre and ongoing regeneration.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.

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Monthly repayment

£600 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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