>
2 bedroom apartment for sale
Leylands House, 56 Mabgate, Leeds, UK, LS9 7EA
£175,000
Leylands House, 56 Mabgate, Leeds, UK, LS9 7EA
£175,000
Price History
Initial price | £230,000 |
20/07/24 | £215,000 |
06/09/24 | £205,000 |
12/11/24 | £190,000 |
28/01/25 | £180,000 |
05/06/25 | £175,000 |
Price Change | -23.91% |
Description
This luxurious apartment in Leeds' Northern Quarter offers a unique investment opportunity, producing an excellent return of 7.32% NET with high tenant demand. Located on the third floor, the property features a spacious open-plan living space with Juliette balcony, hardwood flooring, and spotlight lighting. The kitchen is fully fitted with integrated appliances and breakfast bar, while the two large double bedrooms boast floor-to-ceiling windows and ensuite shower rooms. The property is situated just a 10-minute stroll from the city centre, with an abundance of amenities within easy reach. Leeds is a hotspot for property investment, with a booming economy, affordable prices, and strong rental demand, making this an excellent opportunity to invest in the city. With a gross yield of 8.57% and a net yield of 7.32%, this property is sure to provide a steady income stream for investors.