2 bedroom apartment for sale

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2 bedroom apartment for sale

Leylands House, 56 Mabgate, Leeds, UK, LS9 7EA
£175,000

Our Summary

  • Investment opportunity

Description

This investment opportunity in Leeds' Northern Quarter offers a high-specification apartment with a strong rental income potential. The property is located on the third floor of a modern block, just a 10-minute walk from the city center, and is currently tenanted, producing a net yield of 7.32%. The apartment features a spacious open-plan living area, hardwood flooring, and floor-to-ceiling windows in both bedrooms. Leeds is a hotspot for property investment, with a booming economy, affordable prices, and strong rental demand. The city's South Bank project is expected to create over 35,000 jobs by 2028, further increasing the demand for rental properties. With a gross yield of 8.57% and a net income of £12,804, this property is an attractive investment opportunity for those looking to capitalize on Leeds' growth potential.