Potternewton Lane, Chapel Allerton... 4 bed block of apartments for sale

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Potternewton Lane, Chapel Allerton... 4 bed block of apartments for sale

Potternewton Lane, Chapel Allerton, Leeds LS7
£450,000

Our Summary

  • *UNIQUE FREEHOLD INVESTMENT OPPORTUNITY * NEW ROOF RECENTLY FITTED * Stoneacre Properties are delighted to offer for sale this fantastic investment opportunity
  • Flat 1 - 2-bed; 2-bath property - current rent: £825 PCMFlat 2 - 1-bed; 1-bath property - current rent: £720 PCMFlat 3 - 1-bed; 1-bath property - current rent: £825 PCM*UNIQUE FREEHOLD INVESTMENT OPPORTUNITY * NEW ROOF RECENTLY FITTED * FLAT 3 RECENTLY UPDATED * Stoneacre Properties are delighted to offer for sale this fantastic investment opportunity
  • INVESTMENT OPPORTUNITY
  • Investment opportunity

Description

This unique freehold investment opportunity in Chapel Allerton offers three self-contained flats with existing tenancies, generating an annual income of £28,440. The properties, each with gas central heating and double glazing, are located near local amenities, restaurants, and bars, with Leeds City Centre just a short drive or bus ride away. The property features off-street parking for 2-3 cars and communal gardens. Flat 1 is a 2-bed, 2-bath duplex apartment, Flat 2 is a 1-bed, 1-bath property, and Flat 3 is a 1-bed, 1-bath apartment. Flat 3 has recently been updated. The properties are currently let at £825, £720, and £825 per month, respectively. This rare investment opportunity must be viewed to appreciate its full potential.