Mabgate, Leeds LS9 2 bed flat for sale

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Mabgate, Leeds LS9 2 bed flat for sale

Mabgate, Leeds, Leeds LS9
£83,000

Our Summary

  • Please see the Let Property Pack linked below for more details on this property’s investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This two-bedroom flat in Leeds is a prime investment opportunity, offering a reliable and long-term source of income. The property benefits from a prime location, just a 10-minute walk from the city centre, making it ideal for working professionals. With two bedrooms and two bathrooms, including an en-suite, and a shared private parking area for five cars, the property is well-suited for a variety of tenants. Currently generating an annual gross income of £9,000, the property has the potential to increase to £12,648 with long-term tenants already in place. The current tenants, who have been in the property for eight months, are keen to remain and have consistently paid their rent, making for a smooth transition for the new owner. With a purchase price that offers a worthwhile addition to any investor's portfolio, this property is a brilliant opportunity for those looking to diversify their investments.