Property for sale

>

Property for sale

A Portfolio of Properties, in LS8, LS9, LS11, LS12, LS13 and LS26, Leeds, LS8 3QT
£1,950,000

Our Summary

  • ** For sale by public auction on 10th July at 12:00 ** Location & Description Comprising thirty-one residential properties, this portfolio comprises a substantial and diversified income-producing investment located predominantly across key rental hotspots in Leeds, including LS11, LS9, LS8, LS12 and LS26
  • The property addresses are as follows: 22 Marley View, Leeds, LS11 8QP 2 and 2A Cleveleys Street, Leeds, LS11 0AF 17 Sefton Terrace, Leeds, LS11 7EL Flats A and B, 28 Sandhurst Avenue, Leeds, LS8 3QT 21 A-C Marley Street, Leeds, LS11 8QL 22 A-C Marley Place, Leeds, LS11 8QW Flats 7-18 Whitehall Court, Leeds, LS12 5QF 20 St Mary's Avenue, Leeds, LS26 8UB 1 Aston View, Leeds, LS13 2DA 87 Coldcotes Avenue, Leeds, LS9 6ND 2 Ivy Crescent, Leeds, LS9 9BR 23 East Park Grove, Leeds, LS9 9JZ 12 Crosby Terrace, Leeds, LS11 9LZ Tenancy Details At present, the total gross passing rent amounts to approximately £210,420 per annum, with a full estimated market rent potential of around £230,220 per annum once fully let and optimised
  • Auction Surveyor: Stuart Mackay Contact: / stuart
  • Five of the thirty-one properties are currently vacant, presenting immediate opportunities for rental uplift or value-add initiatives through refurbishment or repositioning
  • 8% based on current income and offering further potential once fully rented

Description

A portfolio of 31 residential properties is being sold by public auction on July 10th. The properties are located in key rental hotspots in Leeds, including LS11, LS9, LS8, LS12, and LS26, and offer excellent access to local amenities, public transport, employment hubs, and the city center. The portfolio is diversified and comprises a mix of terraced, semi-detached, and back-to-back houses and self-contained flats, with 26 properties currently let and 5 vacant. The total gross passing rent is approximately £210,420 per annum, with a full estimated market rent potential of around £230,220 per annum. The portfolio offers both immediate income and long-term growth prospects for institutional or professional investors, with a collective guide price of £1,950,000 plus, reflecting a gross initial yield of approximately 10.8%.