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BridgeWater Place, Leeds LS11 2 bed flat for sale
Water Lane, Leeds, West Yorkshire, LS11
£184,000
Water Lane, Leeds, West Yorkshire, LS11
£184,000
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 attractive investment opportunity for those looking to expand their portfolio. The property features a spacious layout with 2 bedrooms, lounge, kitchen, and bathroom, and is currently generating an annual gross income of £15,000. However, with some minor adjustments, the new owner could increase the rental income to a market rate of £21,600. The current tenants, who have been living in the property for several years, have consistently paid their rent on time and have no plans to move out, providing a stable and predictable income stream. With a purchase price that offers a worthwhile return on investment, this property is an excellent choice for those looking to diversify their portfolio.