Morris Lane, Leeds
- PROPERTY TYPE
Block of Apartments
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- BLOCK OF 5 APARTMENTS
- TOTAL ANNUAL INCOME OF £39,840
- STRONG HISTORY OF LETTING OUT THE APARTMENTS
- GREAT ACCESS TO LOCAL TRANSPORT LINKS
- POTENTIAL TO INCREASE RENTS
- READY MADE INVESTMENT
- EPC - RANGE FROM C-D SEE PARTICULARS
- COUNCIL TAX BAND - ALL APARTMENTS ARE A
Description
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
*** RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 5 FLATS *** PURCHASE OF THE FREEHOLD *** GREAT LOCATION *** CURRENT ANNUAL RENTAL INCOME OF £39,840 *** Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 5 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented having been recently updated with modern kitchens and bathrooms.
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
Flat 1 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Flat 2 - 1-bedroom apartment with separate kitchen, lounge, double bedroom and bathroom.
EPC - D
Studio 3 - Modern studio apartment with well presented kitchen and bathroom.
EPC - C
Flat 4 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - D
Flat 5 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Brochures
Morris Lane, Leeds- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Morris Lane, Leeds
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Visit our security centre to find out moreDisclaimer - Property reference 33529189. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stoneacre Properties, Chapel Allerton. Please contact the selling agent or developer 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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