2 bedroom flat for sale

Two-bedroom apartment for sale in the popular Stone Bridge Lea development. A perfect investment opportunity, this apartment will give the potential purchase the benefit of a new tenant and recently refurbished property. We are currently awaiting full confirmation on a new tenancy which will be at the increased price of £775.00. For investors, this property, which is on the market at offers over £110,000 will generate a net rental yield of 8.45% net per annum (cash purchase) 
Investment Highlights
Purchase price - Offers over £110,000
2-bedroom apartment (recently refurbished)
2nd floor
New tenancy pending at £775.00pcm (Gross rental yield - 7.1%)
Parking
Leasehold development - length 108 years
Service charge - £1,200 per annumGround rent - £200 per annum (increases by £200 every 25 years)Letting fees - 10% + VAT
Details
This purpose-built second-floor apartment has two double-sized bedrooms and would be ideal for a single person or a couple looking to rent. The property is situated at the junction with Farnley Crescent and the Leeds ring road, which gives access to Leeds city centre and the motorway network. Outside the property is a car park with an allocated parking space. The location is convenient to access commuting links via road and bus services to Leeds city centre and a local convenience store and other shops are within 300 metres.
Nearby amenities
Leeds city centre - 11-minute drive
White Rose Shopping Centre - 9-minute drive
Bramley train station - 4-minute drive
University of Leeds - 13-minute driveLeeds Beckett University- 12-minute drive