1 bedroom flat for sale

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1 bedroom flat for sale

Whingate, Leeds, West Yorkshire, LS12
£42,000

Our Summary

  • ***NOW AVAILABLE*** Portfolio Properties are pleased to offer this second-floor apartment is located within the well-known Whingate Mill development and is offered for sale via traditional auction
  • Auction properties move quickly and early due diligence is advised

Description

This second-floor apartment in the Whingate Mill development is being offered for sale via traditional auction. The property is currently tenanted and generates a gross annual rental income of £7,116, making it an attractive addition to a buy-to-let portfolio. The apartment features an open-plan lounge and kitchen, a main bedroom, an additional sleeping area, and a shower room. Located in a popular area with easy access to Leeds city centre, the property benefits from strong transport links and a range of local amenities. The lease has 125 years remaining, and the ground rent is £200 per annum. With a current gross yield of over 5%, this property offers a strong investment opportunity, and early viewing is recommended to take advantage of this attractive yield.