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2 bed Flat For Sale £130,000
Victoria House, 12 Skinner Lane, Leeds LS7
previous price £135,000


Description
This quality Leeds apartment provides the perfect opportunity for investors looking for high returns on investment.

The apartment is tenanted at £825 per calendar month and the tenant has just signed a new 18 month agreement providing a potential yield of 7.3%.

This is an opportunity for a cash buyer only as the building is currently deemed to be un-mortgageable due to the cladding scandal.

All buildings over 18 metres or six storeys in height will get the removal of their unsafe cladding paid for by increased Government funding so none of this cost falls on leaseholders, that includes this building.

This apartment also benefits from allocated parking which originally came at a cost of £10,000. Opportunities like this one do not present themselves often.

Due to the property being tenanted and the high level of demand anticipated, early viewing requests are essential to avoid disappointment

Follow the link for more information:
        
zoopla.co.uk

  
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