This block of 13 x one bedroom apartments is for sale with the freehold.
The block was converted from a commercial earlier in 2021 and is now functioning as residential accommodation.
All units are currently tenanted. The gross income is £7,709 pcm.
Situated in an excellent location only 0.5 miles from St James University Hospital. It’s only a further mile into the city centre.
The rental demand in Leeds is exceptionally high from both students and working professionals. This block should provide an ideal long term passive income for a hands off investor.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.