ROI = 6% BMV = -6.02%
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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 Uni and 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 provided by 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 illustration purposes only,
Find out MoreProperty Details
- Property ID: 146890673
- Added On: 2024-07-05
- Deal Type: For Sale
- Property Price: £925,000
- Bedrooms: 8
- Bathrooms: 1.00
Amenities
- Premium property Highly recommended
- Close to public transport
- No chain
- Fully Furnished
- All double bedrooms
- Shops and amenities nearby
- Well presented
- Close to university
- Excellent transport links
- Prime student location
