Initial price	£600,000
15/01/25	£550,000
Price Change	-8.33%

Stoneacre Properties presents a rare opportunity to acquire a ready-made investment of 5 well-presented apartments, all currently let out with a long history of successful letting. The block of flats is situated on Morris Lane in Kirkstall, offering easy access to the local train station, bus routes, and on-street parking. The apartments have been recently updated with modern kitchens and bathrooms, and are currently generating a total annual rental income of £39,840. The flats are broken down as follows: Flat 1 is a 1-bedroom apartment with an open-plan kitchen, living, and diner; Flat 2 is a 1-bedroom apartment with a separate kitchen, lounge, and bathroom; Studio 3 is a modern studio apartment with a well-presented kitchen and bathroom; Flat 4 is a 1-bedroom apartment with an open-plan kitchen, living, and diner; and Flat 5 is a 1-bedroom apartment with an open-plan kitchen, living, and diner. Flats 2, 4, and 5 have the potential to increase their rent to circa £725, making this a great opportunity for those looking to grow their portfolio.