2 bedroom apartment for sale

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2 bedroom apartment for sale

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.