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Property ID: 217076332
Offers Over
£130,000
Location
Mabgate, Leeds, LS9 7DR
Size
700
Tenure
Leasehold
Bedrooms
2
Type of property
Flat
Current Yield
7.0%
Monthly Income
£750
Property Information


This two-bedroom flat is located in Leeds, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.


This is a brilliant opportunity for investors!


This property offers two bedrooms and two bathrooms, including an en-suite attached to one of the bedrooms. It also benefits from a shared private parking area accommodating approximately five cars. Ideally suited for working professionals, the property is conveniently located just a 10-minute walk from the city centre


Investment Details:


The property generates an annual gross income of £9,000 which the new owner could increase to a market rate of £12,648 with long-term tenants currently situated. The purchase price makes it a worthwhile addition to any investor’s portfolio.


Please see the Let Property Pack linked below for more details on this property’s investment potential.


Tenancy Details:


The current tenants have resided in the property for 8 months and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.


Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£750
Cashflow p/m
750
Current Yield
null%
Based on potential rent of
£1,054
Cashflow p/m
1054
Potential Yield
null%
Monthly Income
£750 pcm
Potential Rent
£1054 pcm
Length of Tenancy
Moved in within the last 2 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
263
Factor Name
unknown
Total Estimated Costs
263
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
263
Factor Name
unknown
Total Estimated Costs
263