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8 bed Terraced property

Available

For Sale

Listed May 9, 2024

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£925,000

Available

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01132749499

By Right Let Leeds

Description

" Right Let Leeds are pleased to offer this fully let, managed portfolio of 8, one bedroom apartments. Offering a return of 7.6% return on the asking price excluding bills . This development is currently on one title plan.

The majority of the apartments have been recently renovated, with the new owner still being able to increase the revenue on the property with further enhancements.

Offering small communal yards at the front of the property. Excellent transport links around Leeds and within walking distance of Leeds Uniand Leeds city centre.

Each property is registered for council tax and has its own gas and electricity meter.

Block one RENT ONLY

Gf apartment £750pcm

Flat 1 £750pcm

Flat 2 £750pcm

Flat 3 £575pcm

Block two

Gf apartment £850pcm

Flat 1 £750pcm

Flat 2 £750pcm

Flat 3 £750pcm

Total £5925pcm excluding bills

Annual rent £71,100 excluding bills

The property is sold with a 12 month, fully managed service providedby Right Let Leeds. Further details and a breakdown on charges are available on request.

We have been advised that both properties are on the same Title plan. We would recommend that any potential interest party seeks their own legal advise. Floor plans are for illustrationpurposes only, "