BridgeWater Place, Leeds LS11 2 bed flat for sale

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BridgeWater Place, Leeds LS11 2 bed flat for sale

Water Lane, Leeds, West Yorkshire, LS11
£184,000

Price History

Initial price £220,000
19/07/24 £216,000
27/07/24 £212,000
01/08/24 £208,000
07/08/24 £204,000
14/08/24 £200,000
22/08/24 £220,000
30/08/24 £216,000
22/09/24 £212,000
26/09/24 £208,000
02/10/24 £204,000
10/10/24 £200,000
16/10/24 £220,000
23/10/24 £216,000
30/10/24 £212,000
06/11/24 £208,000
13/11/24 £204,000
20/11/24 £200,000
19/03/25 £196,000
25/03/25 £193,000
02/04/25 £190,000
08/04/25 £187,000
15/04/25 £184,000
Price Change -16.36%

Description

This 2-bedroom flat in Leeds is an attractive investment opportunity for those looking to expand their portfolio. The property features a spacious layout with 2 bedrooms, lounge, kitchen, and bathroom, and is currently generating an annual gross income of £15,000. However, with some minor adjustments, the new owner could increase the rental income to a market rate of £21,600. The current tenants, who have been living in the property for several years, have consistently paid their rent on time and have no plans to move out, providing a stable and predictable income stream. With a purchase price that offers a worthwhile return on investment, this property is an excellent choice for those looking to diversify their portfolio.