8 Bed Terraced House For Sale Providence Avenue, Leeds, LS6
£925,000- Terraced
1 of 15
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Last Updated: 17th April 2024
Description
Right Let Leeds are pleased to offer this fully let, managed portfolio of 8, one bedroom apartments. Offering a return of 7.6% return on the asking price (excluding bills). This development is currently on one title plan.
The majority of the apartments have been recently renovated, with the new owner still being able to increase the revenue on the property with further enhancements.
Offering small communal yards at the front of the property. Excellent transport links around Leeds and within walking distance of Leeds Uni and Leeds city centre.
Each property is registered for council tax and has its own gas and electricity meter.
Block one - RENT ONLY -
Gf apartment - £750pcm
Flat 1 - £750pcm
Flat 2 - £750pcm
Flat 3 - £575pcm
Block two
Gf apartment - £850pcm
Flat 1 - £750pcm
Flat 2 - £750pcm
Flat 3 - £750pcm
Total - £5925pcm (excluding bills)
Annual rent - £71,100 (excluding bills)
The property is sold with a 12 month, fully managed service provided by Right Let Leeds. Further details and a breakdown on charges are available on request.
We have been advised that both properties are on the same Title plan. We would recommend that any potential interest party seeks their own legal advise. Floor plans are for illustration purposes only,
The majority of the apartments have been recently renovated, with the new owner still being able to increase the revenue on the property with further enhancements.
Offering small communal yards at the front of the property. Excellent transport links around Leeds and within walking distance of Leeds Uni and Leeds city centre.
Each property is registered for council tax and has its own gas and electricity meter.
Block one - RENT ONLY -
Gf apartment - £750pcm
Flat 1 - £750pcm
Flat 2 - £750pcm
Flat 3 - £575pcm
Block two
Gf apartment - £850pcm
Flat 1 - £750pcm
Flat 2 - £750pcm
Flat 3 - £750pcm
Total - £5925pcm (excluding bills)
Annual rent - £71,100 (excluding bills)
The property is sold with a 12 month, fully managed service provided by Right Let Leeds. Further details and a breakdown on charges are available on request.
We have been advised that both properties are on the same Title plan. We would recommend that any potential interest party seeks their own legal advise. Floor plans are for illustration purposes only,
Agent Details
Right Let & Right Sell Leeds
87, Otley Road, Leeds, LS6 3PS
Show Contact Number
0113 274 9499
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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.
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.