1 bed Flat For Sale
£42,500
Whingate Mill, Leeds, West Yorkshire
Description
One bedroom ground floor apartment with communal parking offered for sale via auction. The property is currently tenanted generating a gross rental income of £6299.88 per annum which reflects over a 14.8% gross yield return based on the guide price. This would make a great addition to a rental portfolio.
Whingate Mill is positioned for easy access to all that Leeds city centre has to offer, from a wide variety of shops, restaurants, and bars, to cultural attractions like museums and galleries. Additionally, residents can enjoy a range of local amenities just a short walk away, including parks, supermarkets, and other essential shops.
Please note that we are currently awaiting leasehold information from the vendor.
Length of lease - 125 years from 1st January 2016.
A 21 day completion applies to this lot.