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£189,000 Guide price

4 bedroom end of terrace house for sale

Kirkstall Lane, Kirkstall, Leeds 5

Sold STC

£189,000 Guide price

4 bedroom end of terrace house for sale

Kirkstall Lane, Kirkstall, Leeds 5

Sold STC

Description

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Property features

  • Investment Property
  • 4 Flats Producing £16,920 Per Annum Including Services
  • Net Yield After Services Circa 7% - Excellent Growth Potential
  • All Assured Shorthold Tenancies Renewed Earlier In 2019
  • Excellent Location In Developing Area Of Leeds
  • Short Walk To Supermarkets, Pubs, Gym, Etc
  • Close To Train Station
  • Good Investment Opportunity

Nearest stations

Headingley (0.3mi.)
Burley Park (1.0mi.)
Kirkstall Forge (1.1mi.)

Nearest schools

school icon  Kirkstall St Stephen's Church of England Primary School (0.2mi.)
Good
school icon  Beecroft Primary School (0.3mi.)
Outstanding
school icon  Sacred Heart Catholic Primary School (0.3mi.)
Good

Property description

An END OF TERRACE PROPERTY split into FOUR FLATS let under Assured Shorthold Tenancies at a gross rent of £16,920 per annum inclusive of services. After deduction of service costs the yield of around 7% offers a good return compared to alternative investments. There is tremendous potential for future uplift of the rents subject to some capital improvement to the property. There is also the long-term prospect of rental and capital growth as this location is designated for yet further infrastructure investment. The new Kirkstall Bridge Shopping Park is now complete and the Kirkstall train station is operational, and there are exciting plans for the site directly across the road from this property, with proposals for a new mixed residential/commercial development which should see a transformation of this part of Kirkstall, north of the A65. The location is already well served by Morrisons supermarket, local shops, a council sports centre and commercial gyms, the nearby Headingley train station as well as a number of popular bars and pubs within walking distance. This is a rapidly improving area handy for access to Headingley, the city centre and the universities. This would be ideal for either first time buy-to-let investors or for seasoned landlords looking for a ‘growth project’.

*For the full brochure and further details of this property, along with "What's Special About This Area" and "Area History" please go to our website at *

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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Call 0113 427 9275

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Property reference 14551268. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Moores - Headingley. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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