2 bedroom flat for sale

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2 bedroom flat for sale

Water Lane, Leeds, West Yorkshire, LS11
£200,000

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
Price Change -9.09%

Description

This 2-bedroom flat in Leeds offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a spacious layout with 2 bedrooms, lounge, kitchen, and bathroom, and currently produces an annual gross income of £15,000. With long-term tenants already in place, the new owner has the potential to increase the rent to a market rate of £21,600, making it a worthwhile addition to an investment portfolio. The current tenants have been consistent in paying their rent and have no intention of moving out, ensuring a smooth transition for the new owner.