Studio flat for sale

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Studio flat for sale

Flats A-C, 115 Stanningley Road, Leeds, West Yorkshire, LS12 3NW
£145,000

Our Summary

  • It may have 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, which are currently fully let, generating an annual income of £18,060, equivalent to a 12.5% return on the guide price. Each flat has a living kitchen, bedroom, shower/bathroom, gas central heating, and double glazing. The property also has a lower ground floor that was previously used as living space and may have potential to be converted into a fourth income-generating unit, subject to necessary consents. Located 2.5 miles west of Leeds city centre, the property sits on a main bus route, close to Armley town centre and the Leeds Liverpool canal.
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