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2 bedroom flat for sale
Water Lane, Leeds, West Yorkshire, LS11
£200,000
Water Lane, Leeds, West Yorkshire, LS11
£200,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom flat in Leeds offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a spacious layout with 2 bedrooms, lounge, kitchen, and bathroom, and currently produces an annual gross income of £15,000. With long-term tenants already in place, the new owner has the potential to increase the rent to a market rate of £21,600, making it a worthwhile addition to an investment portfolio. The current tenants have been consistent in paying their rent and have no intention of moving out, ensuring a smooth transition for the new owner.