£140,000

4 bedroom terraced house for sale

Leeds, West Yorkshire
terraced house terraced house
bedrooms 4 bedrooms
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Property description

This substantial through terrace property was converted into four self-contained one bedroom flats over 25 years ago. At present, three are let (with no arrears at the time of writing) and generating an annual income of £24,233 however, this is likely to increase to £32,310 when the final flat is let. Based on the quoted guide price this equates to an impressive potential return of 23%! Each flat has been refurbished in the last 4 years and has its own coin operated electric meter. The flats are all separately rated for council tax.

The property is located in Beeston, south Leeds, an area that remains incredibly popular with investors with the city centre just over a mile away.

We have been unable to inspect the property to date but hope to add internal photographs and a floor plan soon. Number 110 next door is also available to buy in this auction.
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First listed

2 days ago

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Leeds, West Yorkshire

Marketed by

Auction House - West Yorkshire Caledonia House, Lawnswood Business Park, Redvers Close Leeds LS16 6QY
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