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1 bedroom flat for sale
Balm Road, Leeds, West Yorkshire, LS10
£85,000
Balm Road, Leeds, West Yorkshire, LS10
£85,000
Our Summary
- 5% Service Charge: £1,400pa Ground Rent: £108pa Tenure: Leasehold (248 years remaining) Parking: Tenant-only parking included Management: Currently self-managed Summary Flat 109, Bridge House, is a ready-made investment opportunity offering high rental yields, long leasehold security, and a prime location within one of Leeds' most promising regeneration zones
Description
This modern one-bedroom apartment is located in Leeds Southbank, just 3km south of the city centre, and features an open-plan kitchen, dining area, and living room with a bright and airy feel. The property includes a contemporary fitted kitchen, spacious double bedroom, and stylish bathroom with a walk-in shower. The apartment is fully furnished and comes with secure resident-only parking. The development, Bridge House, offers excellent links to Leeds City Centre, a peaceful suburban environment, and strong rental demand from professionals seeking quality city-living. The property is available for investment, with a current rental income of £725pcm, a gross yield of 10.2%, and a net yield of 8.5%. The leasehold has 248 years remaining, and the service charge and ground rent are £1,400pa and £108pa, respectively.