This substantial through terrace property was converted many years ago and currently comprises 3 x 1 bedroom flats, a studio and communal kitchen. Each of the flats has its own electricity meter and fuse box with the landlord paying for the council tax, water and communal electricity. At present, the property is fully let and producing an impressive annual income of £26,340 offering a gross return of over 20% when based on the quoted guide price.
Externally the property has yards to the front and rear and is located in South Leeds between Hunslet and Belle Isle offering excellent access to the city centre and local motorway network.
Interested parties should be aware that the property has an EPC exemption until 1st October 2028.
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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