Norman Terrace, Leeds LS8 3 bed block of apartments for sale

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Norman Terrace, Leeds LS8 3 bed block of apartments for sale

Norman Terrace, Roundhay, Leeds, LS8
£285,000

Our Summary

  • * This end-terrace property located just off Street Lane in the heart of Roundhay has been converted into two self-contained flats, with further potential to extend into the large cellar (subject to planning permission)
  • This property is an excellent investment opportunity with strong rental income potential and room for future expansion
  • The property also offers the potential to be converted back into a four-bedroom home, providing added flexibility for future owners looking to expand the living space

Description

This end-terrace property in Roundhay has been converted into two self-contained flats, offering a unique investment opportunity with strong rental income potential. The property is currently generating £1,690 per month in rental income, with Flat 1 renting for £790 per month and Flat 2 renting for £900 per month (including electric). The property features a mix of modern and traditional elements, including contemporary shower and bathroom facilities, and has the potential to be converted back into a four-bedroom home with planning permission. The property also has a large cellar that could be used for additional storage or converted into further living space. With no onward chain and a freehold tenure, this property presents an excellent opportunity for investors to capitalize on its potential.