Edinburgh Grove, Leeds 6 bed apartment for sale

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Edinburgh Grove, Leeds 6 bed apartment for sale

Edinburgh Grove, Leeds
£400,000

Our Summary

  • There is an additional basement room with meters ideal for storage or possibly with potential to extend/enlarge the neighbouring basement studio
  • Substantial investment opportunity

Description

This substantial terraced property is divided into six self-contained flats, including a studio, four one-bedroom flats, and a two-bedroom flat, generating a combined annualized gross rent of £42,000 excluding bills. The flats are let on varying tenancy durations, with the longest tenancy running until 2026. Each flat has its own separate utilities and spacious, well-appointed accommodation. The property also features a small frontage, drive, and single garage, as well as an enclosed yard to the rear and ample on-street parking. Located close to amenities and with easy access to Leeds city centre, the property is well-positioned for a lucrative investment opportunity. The sale is subject to the buyer retaining the current lettings management company, Leeds Rentals, until the remainder of the agreed tenancies.