1 Bed Flat For Sale Mabgate, Leeds, LS9

£115,000- Flat

1 of 10
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Last Updated: 16th April 2024

Description

**ATTENTION INVESTORS** Let for £750.00 PCM until Aug-24 generating a yield of 7.82%

Vision Properties are delighted to offer this one bedroom apartment located on Mabgate, Leeds City Centre
Named one of the coolest places to live in the UK by 'condé nast traveller' magazine, the street has undergone significant re-development. With further works planned it offers buyers both capital and rental growth opportunities

Ideal for investors, currently let at £750.00 PCM (£9,000 per annum) generating an attractive 7.82% yield*

The property comprises of

Living room (4.72 x 3.53): - with recently fitted carpet flooring throughout and feature glazed sliding internal walls

Kitchen (2.57 x 1.88): - with touch control ceramic hob, fully integrated electric convector oven, full height integrated fridge freezer, integrated washer dryer, mono-block mixer tap on a stainless steel flush mounted sink, integrated extractor hood, stainless edge worktops, brushed aluminium sockets and contemporary glass splash-backs and feature LVT floring

Bedroom (2.49 x 2.46): - double bedroom with recently fitted carpet, integrated wardrobe and stunning wall to wall feature windows

Bathroom - with feature LVT flooring, modern white suite, contemporary glass clad shower walls, chrome taps and fittings, shower over a Japanese style bath, designer lighting & wall mirrors

Leasehold details:

Ground rent - £100 per annum

Service charge - £1780.44 per annum

988 years lease years remaining

This cosy property is a short walk from Leeds Bus Station and Victoria gate and provides scenic views of St Mary's Park.

The property comprises of living room, kitchen, double bedroom with fitted wardrobe and bathroom with modern white suite.

Available asap, pending acceptable referencing

Rent £750
Holding deposit £173.07
Deposit £865.38

Council Tax band B
Agent Details
V1sion Properties
29, Cross Green Lane, Leeds, LS9 8LJ
Show Contact Number
0113 244 0251

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested