This back to back terrace was converted into 3 x studios with a shared kitchen many years ago. Each of the flats has its own electricity meter and fuse box with the landlord paying for the council tax, gas, water and communal electricity. At present, the property is fully let and producing an impressive annual income of £15,840 offering a gross return of over 18% when based on the quoted guide price.
Situated within close proximity to motorway links such as the M62 and M1 this makes an attractive purchase for the commuter. Leeds city centre is only a short distance away with its wealth of amenities.
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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