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6 bedroom apartment for sale
Upper Basinghall Street, Leeds
£1,600,000
Upper Basinghall Street, Leeds
£1,600,000
Our Summary
- Exciting turnkey investment opportunity to acquire an LS1 Freehold property which consists of 6 x 1 bedroom apartments, finished to boutique hotel standard and providing a managed income of of net £160,000
Description
This turnkey investment opportunity presents a unique chance to acquire a freehold property in the heart of Leeds City Centre, comprising six 1-bedroom apartments finished to boutique hotel standard. The property generates a managed income of £160,000 per annum, netting 10% per annum, making it an attractive investment proposition. The apartments are fully furnished and come with a managed service, including cleaning and maintenance, allowing for ample time for owner usage. The property is located in a prestigious area, with good capital appreciation potential, and offers a range of amenities, including a concierge service for owner bookings, access to bookable extras, and a private chef dining option. With a 67% occupancy rate, this investment provides a reliable and lucrative return, making it an excellent opportunity for investors seeking a hassle-free and profitable investment in a prime location.