2 bed Flat For Sale £60,000
Whingate Mill,, Leeds

TO BE SOLD BY ONLINE AUCTION ON 24TH APRIL 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

* FLAT 29, WHINGATE MILL, LS12 3UH *

Not inspected by Edward Mellor but reported to comprise; lounge, refitted kitchen, two bedrooms, refitted shower room/WC, residents parking.

This presents a fantastic chance to acquire a promising buy-to-let property in a highly desirable area, offering a lucrative return on investment. Comparable properties command rental prices of around £750pcm, resulting in an impressive 15% yield based on today's guide price.

Strategically positioned on the outskirts of Leeds town centre, the property benefits from a prime location with high demand for rental accommodations. It is conveniently situated near various amenities, shops, St. Mary's Hospital, and offers easy access to transportation links for commuting to the city centre for work or leisure activities.

EPC RATING - D

Here are a handful of similar sold properties taken from Land Registry which highlight the potential to be unlocked:

20 Thornhill Place Leeds LS12 4LQ- Sold - 26/05/2023 £93,000 Flat 2 beds    

26 Westfield Mills Edinburgh Avenue Leeds LS12 3UQ- Sold-08/03/2023 £80,000 Flat 0.18 mi

5 Winker Green Lodge Eyres Mill Side Leeds LS12 3DH-Sold-27/01/2023 £96,000 Flat 0.38 mi

Rental values in the area are in the region of £750 PCM