Studio apartment for sale

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Studio apartment for sale

42 Lovell Park, 22 Lovell Park Hill, Leeds, LS7 1DF
£48,000

Price History

Initial price £50,000
17/01/24 £48,000
Price Change -4.00%

Description

This luxury student studio apartment is located in the popular student accommodation, Lovell Park, in Leeds, providing a perfect location for students wishing to study in the city. The development offers large communal areas, a gym, WiFi, and parking facilities, and is within walking distance of the University of Leeds and local amenities. The property boasts a gross rent of £5,750, ground rent of £350, service charge of £1,321, and lettings fees of £759, resulting in a net income of £3,320 and a gross yield of 11.98%. This is an excellent opportunity for investors, with a net yield of 6.92%. Please note that these particulars are a general outline only and do not constitute any part of an offer or contract.