House For Sale Sandford Place, Leeds, LS5

£80,000

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Last Updated: 18th April 2024

Description

yieldit present a wonderful investment opportunity in the ever-popular Leeds suburb of Headingley. With tenant in situ this property can generate you a healthy return right from completion and will make the ideal new addition to your portfolio!\r
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Superbly situated on the first floor of this stunning grade II listed building on the edge of a beautiful canal, the location couldn’t be more ideal with Kirkstall Bridge Shopping Park directly opposite with a range of popular shops and Headingley train station just a 10-minute walk. \r
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The low maintenance property is accessed by secure intercom entry and boasts residents parking. Internally consisting of small entrance hallway and a fantastic layout with sleeping area, kitchenette and round the corner of the ensuite shower room is space for a sofa and relaxing. \r
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Headingley is a great area of Leeds to invest, being located just a few miles from the exciting city centre and Leeds Beckett University’s Beckett Park campus. It is renowned as being one of the best known student areas in the UK so students continue to seek high quality rental accommodation in this area. Headingley’s high street is packed with shops, bars and restaurants for residents to enjoy so it’s no wonder properties in this area are in high demand on the rental market.\r
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Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £7,200.00
Net income: £4,870.00
Gross yield: 9%
Net yield: 6.09%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07740
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Calculators

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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