House For Sale £600,000
Kirkstall Road, LS4

Martin & Co are delighted to bring this portfolio opportunity to the open market.
With an annual income of £57,315.96 pa giving just over a 9.5% gross yield.

The portfolio is split into two commercial units and six residential studio apartments.

The residential apartments are in two separate dwellings with their own entrances (between 3) and own electric meters.

Both commercial units are on the ground floor, one having a basement.

FREEHOLD 

INVETMENT INFORMATION Commercial unit 1: Income £12,999.96 pa fixed term let until July 2025
Commercial unit 2: Income £11,496 pa fixed term let until October 20206

Residential block 1
Flat 1 £4,800 pa - on a periodic tenancy
Flat 2 £6,000 pa - fixed term contract until April 2024
Flat 3 £7,200 pa - on a periodic tenancy

Residential block 2
Flat 1 £3,840 pa - on a periodic tenancy
Flat 2 £6,000 pa - on a periodic tenancy
Flat 3 £4,980 pa - on a periodic tenancy 

PROPERTY INFORMATION Residential:

Each block has its own entrance, one apartment to each storey. All on their own electric & water meters.

Block 1
Flat 1 - 13m2 – EPC E
Flat 2 – 24m2 – EPC E
Flat 3 – 34m2 – EPC E

Block 2
Flat 1 - 16m2 - EPC D
Flat 2 - 20m2 – EPC E
Flat 3 - 31m2 – EPC D

Commercial 1
94m2 - EPC rating E

Commercial 2
86m2 - EPC Rating C