Otley Road, Guiseley LS20 2 bed flat for sale

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Otley Road, Guiseley LS20 2 bed flat for sale

Otley Road, Guiseley LS20
£221,000

Price History

Initial price £225,000
13/02/25 £221,000
Price Change -1.78%

Description

This 2-bedroom flat in Leeds offers a fantastic investment opportunity for those looking to expand their portfolio. The well-kept property features 2 bedrooms, 2 ensuite bathrooms, a spacious lounge, kitchen, and front and rear garden space, all in good condition. Currently producing an annual gross income of £11,400, the property has the potential to increase to a market rate of £12,000 with tenants already in situ. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio. The current tenants have consistently paid their rent and have no intentions to move out, making for a smooth transition.