High yielding (10%) property great city location
Asking price: £60,000
Market value: £75,000 (based on average 1-bed price within 1 mile)
Rental valuation: £550-600 per calender month (£6,600-£7,200 per year)
Ground rent yearly: £50
Service charge yearly: £650
Lease: 984 years
•1 Bedroom Flat with its own entrance, driveway and shared grass areas.
•Comes with additional off-street parking for visitors
•Great location with easy access to Leeds City Centre
3 minutes (approx.) drive to town centre, and train station. 5 minutes approx. To Leeds Coach station. About a 30-minute walk to the town centre
Lovely walks down to the Leeds Liverpool canal which offers scenic walks to either Leeds City centre or Bradford.
Theaker Lane is just off Stanningley Road which offers quick connections onto the M62 and M1. This road offers great bike lanes to get into Leeds or Bradford.
•Less than 1-minute walk to Armley Town Street with easy access to Pound land, Greggs, Wilkinson's, Tesco and more great shops. Town Street also offers great Café, restaurants, bakeries, and butchers
•Armley continues to improve with investment from Leeds Council the local mp, and Counsellors who are on a mission to enhance the area. It’s a fantastic area to invest in the price increases over the last 10 years back this up. Property prices continue to rise significantly making it a great investment location.
Tenure: Leasehold
Council Tax: A
Lease Remaining: 984
Current ground rent: £50.00 Per Year
Ground rent review period: Every 0
Annual ground rent increase: 0%