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Queen Street, Morley LS27 1 bed flat for sale
Queen Street, Morley LS27
£49,000
Queen Street, Morley LS27
£49,000
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)
Description
This 1-bedroom flat in Leeds is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and ensuite, and is currently generating an annual gross income of £6,900. With a new owner, the rent could be increased to a market rate of £8,004, making it a worthwhile addition to an investment portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and reliable income stream. The property is located in close proximity to valuable amenities, making it an attractive option for investors looking to generate rewarding rental returns.