1 bed flat

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1 bed flat

The Boulevard, Leeds LS10
£130,000

Our Summary

  • This flat offers modern living in a prime location, providing investors with an excellent opportunity to generate passive income while benefiting from long-term growth potential

Description

This 1-bedroom, 1-bathroom flat in the prestigious Clarence House in Leeds offers a reliable investment opportunity with a steady rental income and excellent tenant history. The modern property, located overlooking the marina, is currently tenanted and generating £800 per month, providing a gross yield of 7.38%. With a purchase price of £130,000, investors can expect a consistent return while benefiting from long-term growth potential. The property is situated in a desirable area with strong demand, making it an attractive proposition for those seeking a steady return. With ground rent and service charges of £125 per year and £641.65 per quarter, respectively, this property presents a hassle-free investment opportunity for those looking to generate passive income.