Our Summary

£57,000 per annum With Potential To Increase To £90,000-£100,000 per annum

For sale by Auction on 29 July 2026

However, based on todays market rents, the potential income is likely to be closer to £90,000-£100,000 once all units are brought up to date

Some of the units have not been upgraded for some time and improvements will be required as, and when, they become vacant

The site may lend itself to redevelopment, alteration of existing or conversion back into a family home

would suit a variety of uses and also sits on a substantial plot, ripe for redevelopment, all subject to any necessary consents

Lower Ground Floor Store Rooms Ground Floor Studios 1A-D First Floor Studios 2A-D Second Floor Studios 3A-D Draft Sales Particulars These sales details are awaiting vendor approval Tenure: Freehold EPC Rating: D D E Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type

All sales are subject to our Common Auction Conditions and Bidder Terms

Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1

Description

Situated on Outwood Lane in Horsforth, this substantial detached dwelling comprises 12 studios, which are fully let and producing a modest income of £57,000 per annum. With a large front garden and a parking area to the rear, the property sits on a substantial plot that may be suitable for redevelopment or alternative uses, subject to necessary consents. The freehold property, with a EPC rating of D, D, and E, is located in a highly desirable part of North West Leeds, close to cafes, bars, and the new Kirkstall Forge train station.

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Our Summary

Description