Initial price	£95,000
24/05/24	£90,000
Price Change	-5.26%

This is a great studio apartment located in the heart of Leeds City Centre, just a few minutes' walk from main shopping areas. The apartment is situated on the third floor and is available to purchase as an ongoing investment, with a current gross yield of 7.26%. The property is sold furnished and includes a tenant in situ, with a monthly rolling tenancy agreement in place. The apartment comprises an entrance hallway with storage cupboard, open plan living area with sliding patio doors leading to a balcony, and an open plan kitchen with modern fitted units and integrated appliances. The shower room is partly tiled with a thermostatic shower, hand basin, w.c., and chrome heated towel rail. The development has a valid EWS1 certificate with a B1 rating, and the lease term is 150 years from 1st January 2007, with a ground rent of £335.98 pa (reviewed every 10 years at RPI).