8 x City Centre Apartments, Leeds

BTL

8 x City Centre Apartments

£1,550,000Fixed price

Long Leasehold
Very well located property in Leeds city centre, neighbouring Trinity Leeds
Comprising 8 apartments arranged as: 8 x one bedroom apartments and 1 x two bedroom apartment
Finished to a very high quality throughout, with the development completed in 2020
Currently fully let, producing an income of £94,620 per annum
Potential to increase income to an Estimated Rental Value (ERV) of £100,200 per annum
An asking price offer of £1,550,000 reflects a Gross Yield of 6.46% (based upon the ERV)
Potential to operate the apartments as a short term or serviced lettings opportunity, which would considerably increase potential income further

Marketed by

Allsop

Call
0113 243 7957