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Studio flat for sale
Flats A-C, 117 Stanningley Road, Leeds, West Yorkshire, LS12 3NW
£145,000
Flats A-C, 117 Stanningley Road, Leeds, West Yorkshire, LS12 3NW
£145,000
Our Summary
- Please note - there is a lower ground floor which has potential to be converted into a fourth income generating unit, subject to the necessary consents
Description
This substantial terraced property has been divided into three flats, each with a living kitchen, bedroom, shower/bathroom, gas central heating, and double glazing. The property is currently fully let, generating an annual income of £19,740, which represents a 13.6% return on the guide price. The property also has potential to be converted into a fourth income-generating unit on the lower ground floor, subject to necessary consents. Located 2.5 miles west of Leeds city center, the property is situated on a main bus route, close to Armley town center and the Leeds Liverpool canal.