Key features
- City Centre Freehold investment opportunity
- Located within the wider Mabgate regeneration area
- Detached two storey block of 39 apartments
- 32 x one bed and 7 x two bed
- 26 car parking spaces with secure gated access
- Well located for road and pedestrian access into Leeds
- Producing a gross income of £419,700 per annum
- Estimated Rental Value (ERV) of c.£444,000 per annum
- Guide price £5,200,000 (8.50% GY based on ERV)
- Contact the selling agent directly: 07711 767 571
Description
Internally, the property provides 32 x one-bedroom flats and 7 x two-bedroom flats, all of approximately 370 sq ft and 600 sq ft respectively.
Each flat comprises one bathroom and open planned kitchen/ living rooms.
There are 26 parking spaces as part of the property located along the northern and eastern boundaries.
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