2 bed Flat For Sale £145,000
*INVESTMENT OPPORTUNITY* A spacious 2 bedroom, 2 bathroom top floor apartment. Ideally situated close to the Railway Station and motorway networks, this property boasts excellent occupancy rates and high rental demand. Currently rented on an AST until March 2024.
In brief the property comprises, a large open plan kitchen living space with light flooding in through 3 windows and a Juliet Balcony; the kitchen boasts gas hob, ample wall and floor units and space for a undercounter washing machine and freestanding fridge/freezer. The first bedroom is a generous double with built in wardrobes and en-suite shower room. Additionally, there is a second double bedroom and a house bathroom. The apartment also benefits from an allocated parking space.
Situated in the popular Morley area of Leeds, this two bedroom apartment is a popular choice for commuters. The property boasts excellent commuter links with Churwell Railway Station less than 3 miles away, as well as J27 of M62 less than 1 mile from the property, thus providing excellent links to Leeds City Centre, Manchester, Sheffield and beyond. Ample Bus links are also on the doorstep, making this excellent property a no brainer for renters.
Rented to a single occupant through HOP on an AST until 11/03/2024.
Current Rent £650pcm achieving a 5.4% gross net yield. We expect a rental income of £795pcm to be achievable moving forward, which would increase gross net yield to 6.5%.
Leasehold
979 years remaining
Ground Rent: £82pa
Service Charge: £1,270pa
HOP is a multi award winning Estate Agency. Creating happy homes is very much at the heart of our business. Whether it’s a home to buy, sell or rent, homes are very much where our heart is.
EPC Rating: C
