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BridgeWater Place, Leeds LS11 2 bed flat for sale
Water Lane, Leeds, West Yorkshire, LS11
£176,400
Water Lane, Leeds, West Yorkshire, LS11
£176,400
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Leeds is an excellent investment opportunity for those looking to expand their portfolio. The property features spacious rooms, including two bedrooms, a lounge, kitchen, and bathroom, and is currently producing an annual gross income of £15,000. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £21,600. The tenants, who have been in the property for several years, have a good track record of paying their rent on time and have no plans to move out. This stable rental income and potential for growth make this property a worthwhile addition to any investor's portfolio.