1 bed Flat For Sale, Milton House, Queen Street, Morley, Leeds, West Yorkshire LS27

Description

This fantastic apartment is offered unfurnished and comprises of a bright and spacious living and dining room which is flooded with natural light due to its large window; a modern fitted kitchen with appliances included; a generously sized double bedroom; and a bathroom complete with a 3-piece suite and a shower over the bath. This apartment has a neutral decor throughout and tenants benefit from its excellent location right in the heart of Morley's town centre.

Milton House is ideally located in Morley, only a 20 minute drive away from Leeds city centre, making this apartment perfect for letting to commuters into the city. Morley benefits from excellent transport links with both Morley train station and the M62 being less than a 10 minute drive away from this property, making travel a breeze. Morley has plenty of amenities nearby including the White Rose Shopping Centre which houses high street shops, restaurants and a cinema. Leeds city centre doesn't disappoint either with one of the best shopping experiences in the UK. Leeds also has various bars and music venues, enabling the city to host a range of concerts and shows, including the likes of the bespoke Leeds Carnival, Leeds International Film Festival and Leeds Festival.

More people are arriving every year looking to live and work in Leeds, which has been named the "Digital Capital of the North" as well as being the largest financial sector outside of London and one of the UK’s most prominent manufacturing hubs. Property prices in Leeds have risen by 16.54% in the last five years (Zoopla, September 2020), and industry analysts have anticipated a further rise of 19.24% by 2022 meaning that more investors are choosing Leeds as a buy-to-let location.

Financial Breakdown

Gross rent: £5,700
Ground rent: £350
Service charge: £950
Lettings fees: £0
Net income: £4,400
Gross yield: 8.77%
Net yield: 6.77%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-14028

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1 bed Flat For Sale £65,000 Milton House, Queen Street, Morley, Leeds, West Yorkshire LS27

1 bed Flat For Sale £65,000
Milton House, Queen Street, Morley, Leeds, West Yorkshire LS27