East Street, Leeds LS9 3 bed flat for sale

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East Street, Leeds LS9 3 bed flat for sale

East Street, Leeds LS9
£135,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 3-bedroom flat in Leeds is a fantastic investment opportunity, offering a reliable and long-term income stream. The property is well-maintained and features a spacious lounge, three bedrooms, a three-piece bathroom, a well-equipped kitchen, and a designated parking space. Currently producing an annual gross income of £14,400, the new owner could increase this to £15,240 by negotiating a market rate with the long-term tenants who are already situated. With a purchase price that yields a worthwhile return, this property is an excellent addition to any investor's portfolio. The current tenants, who have lived in the property for several years and have consistently paid their rent, have no intention of moving out, ensuring a smooth transition for the new owner.