Flat for sale
£50,000 /Sale price - North Yorkshire Leeds LS7Details
- Baths: 1
- Price: £50,000 /Sale price
- :
Overview
OVER 7% NET YIELD!! LOW ENTRY LEVEL CASH INVESTMENT FULLY TENANTED & GENERATING IMMEDIATE INCOME Mr Investa are pleased to bring to the market a HIGH YIELDING portfolio of 11 UNITS within the popular and FULLY OCCUPIED student development in Leeds, Lovell Park. These low entry level priced units are AVAILABLE FOR SALE INDIVIDUALLY OR AS A BULK PURCHASE making this ideal to suit all budgets to quickly expand your property portfolio. Lovell Park is located in the north of Leeds city centre just off the A64 motorway, within 1 mile of Leeds Beckett University and a variety of shops, bars, restaurants and cafes. The development is also convenient for public transport including regular bus and train services. These student properties offer an ideal opportunity for buy-to let investors looking for a fully managed hands off investment at an attractive price and offering a lucrative yield. As well as the various flats within Lovell Park, the communal areas comprise; entrance with security intercom access, residents gym, equipped games room, lounge, laundry room, courtyard and car park. Of the 66 fully furnished rooms in the development we have a total of 11 units available for sale in the portfolio. Each flat comprises; private entrance, lounge with double bed, study desk with chair, uPVC double glazed window, electric heater, wall mounted TV and access to an ensuite shower room/WC. These ensuite bedrooms share modern fully fitted kitchens within the building, with appliances included. As the kitchens are communal, any upgrades are not the sole responsibility of the owner, meaning less maintenance cost for a landlord of an ensuite bedroom. Current Financial Performance for the 2023/24 Academic Year Rental Income: £5,980 per annum (based on a 46 week contract at £130pw) Service Charge: £1,321 per annum Ground Rent: £350 per annum Lettings Fee 9% + VAT: £645.84 per annum NET Income: £3,663.16 per annum NET Yield: 7.3% Please contact us for more information on other units we have available. Portfolio of 11 Units Total Asking Price: £550,000 Total NET Income: £40,874.56 Total NET Yield: 7.4% NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided. For more details and to contact: https://realtyww.info/flats_lovell-park-hill-d625852/for-sale_i67891927Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Low Entry Level Cash Investment Opportunity
- Portfolio of 11 Units - Available Individually or Bulk Purchase
- Over 7% NET Yield
- Fully Tenanted & Generating Immediate Income
- Fully Managed by a Professional Letting Agent
- Modern Student Living
- Less Than 1 Mile To Leeds Beckett University
- On Site Gymnasium
- Games Room & Residents Lounge
- Communal Fitted Kitchen & Appliances
- Ideal To Rapidly Expand A Property Portfolio
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-02-11, Viewed 8 times.
Search more listings
- Buy House Bristol
- 2 Bed Flat For Sale Liverpool
- Houses For Sale South Shields
- Houses For Sale Swansea
- Houses For Rent Northampton
- House For Rent In Preston
- Property For Sale In Bristol
- 3 Bedroom Houses For Sale In Droitwich
- Houses To Rent Chesterfield
- House For Sale In Bristol
- House To Rent Oxford
- Houses For Sale In Swindon
- Top 20 3 bedroom house for sale newquay cornwall parking
- Top 10 3 bedroom house for sale okehampton devon garden
- Top 10 2 bedroom house for rent lancs lancashire den
- Top 20 1 bedroom flat for sale bournemouth bournemouth garden
- Top 20 3 bedroom house for sale stanley county durham den
- Top 20 2 bedroom flat for sale north yorkshire north yorkshire garden
- Top 10 3 bedroom house for sale matlock derbyshire oven
- Top 20 3 bedroom house for sale north yorkshire york garden
- Top 20 3 bedroom house for sale norwich norfolk dishwasher
- Top 20 3 bedroom house for sale surrey hampshire parking
- Top 10 3 bedroom house for sale st. mellons st. mellons garden
- Top 20 1 bedroom flat for rent brighton east sussex garden