5 Bed Terraced House For Sale Maud Avenue, Leeds, LS11

£275,000- Terraced

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Last Updated: 10th January 2024

Description

***INVESTMENT OPPORTUNITY - 10.65% YIELD***FIVE SELF CONTAINED APARTMENTS***

The property has been converted in to 5 apartments, 4 of which are tenanted. To the front of the property there is access to 3 apartments via a communal hallway. To the rear, 2 apartments are accessed via a private entrance. The annual gross income is currently £25,145.04 with a potential income of £31,427.64.

Situated in a favourable residential area of Beeston with an excellent choice of local schools, good public transport links, easy access to Leeds city centre and the motorway network.
Price
The property is offered on a freehold basis subject to the existing tenancies at a guide price of £295,000.
Investment Opportunity
A potential gross income of £31,427.64. per annum.
EPCs
All available on request.
Flat 1
Ground floor. Split level one bedroom apartment currently vacant, as it has recently been refurbished. Council Tax Band A.
Flat 2
First Floor - One Bedroom. Currently tenanted at £524.99 pcm. Council Tax Band A.
Flat 4
Top Floor. One bedroom. Currently tenanted at £523.55 pcm. Council Tax Band A.
Flat 5
Basement flat to the rear. One Bedroom. Currently tenanted at £523.33 pcm. Council Tax Band A.
Flat 6
First floor to the rear. One bedroom. Currently tenanted at £523.55 pcm. Council Tax Band A.
Reception 2

Reception 3

Reception 4

Reception 5

Kitchen 1

Kitchen 2

Kitchen 3

Kitchen 4

Kitchen 5

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Bathroom 1

Bathroom 2

Bathroom 3

Bathroom 4

Bathroom 5
Agent Details
Adair Paxton
60 Wellington Street, Leeds, LS1 2EE

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