Otley Road, Guiseley LS20 2 bed flat for sale

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Otley Road, Guiseley LS20 2 bed flat for sale

Otley Road, Leeds LS20
£192,000

Price History

Initial price £225,000
13/02/25 £221,000
27/02/25 £210,000
15/03/25 £206,000
22/03/25 £202,000
28/03/25 £198,000
05/04/25 £195,000
11/04/25 £192,000
Price Change -14.67%

Description

This 2-bedroom flat in Leeds offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features two bedrooms, two ensuite bathrooms, a spacious lounge, kitchen, and front garden space, and is currently producing an annual gross income of £11,400. With tenants already in situ, the new owner can increase the rental income to a market rate of £12,000, making it a worthwhile addition to an investment portfolio. The property is in good condition and the current tenants have a good track record of paying their rent on time, with no intention to move out. The property's investment potential is further detailed in the Let Property Pack linked below, and interested parties are encouraged to contact the agent for more information.