2 Bed Flat For Sale Farnley Crescent, Leeds, LS12

This purpose-built second-floor apartment has two double-sized bedrooms and has recently been tenanted (young professionals) at an increased rental figure of £775.00 per month. \r
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The apartment is currently managed by a local lettings agent, and as such presents an excellent opportunity for investors seeking a 'hands-free' investment in the central Leeds area. \r
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The property is situated at the junction with Farnley Crescent and the Leeds ring-road, which gives quick and convenient access to Leeds city centre and the motorway network. Outside the property is a car park with an allocated parking space. The location is convenient to access commuting links via road and bus services to Leeds city centre and a local convenience store and other shops are within 300 metres.\r
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Stonebridge Lea - Investment Highlights\r
* Purchase price from just £110,000\r
* 2-bedroom apartment\r
* 2nd floor (top floor)\r
* Current rental income £775pcm for 12 Months until 28th July 2024.\r
* Estimated Gross Rental £9,300pa\r
* Generating Gross Yield of 7.1%\r
* NET rental yield 6.2%\r
* Parking\r
* Leasehold development\r
* Service charge - £1,200 per annum\r
* Ground rent - £200 per annum\r
* Currently managed by local lettings agent (fees on request)\r
* Ground rent increases by £200.00 every 25 years. \r
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Nearby amenities\r
*\tLeeds city centre - 11-minute drive\r
*\tWhite Rose Shopping Centre - 9-minute drive \r
*\tBramley train station - 4-minute drive\r
*\tUniversity of Leeds - 13-minute drive\r
*\tLeeds Beckett University- 12-minute drive