A spacious and well-kept 3-bedroom Flat located in Leeds. There are various valuable amenities within walking distance of the property, and it can generate rewarding rental returns. This is a brilliant opportunity for investors looking for a reliable, long-term investment! The home is in good condition and features 3 bedrooms, a spacious lounge, a three-piece bathroom, a well-equipped kitchen, and a designated parking space. Investment details It currently produces an annual gross income of £14,400, which the new owner could increase to a market rate of £15,240 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio. Please see the Let Property Pack linked below for greater details on this property's investment potential. If you are interested, please call us. Tenancy Details The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not have any intention to move out, so they hope 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.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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