2 bedroom flat for sale

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2 bedroom flat for sale

Otley Road, Leeds 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-maintained property features 2 bedrooms, 2 ensuite bathrooms, a spacious lounge, kitchen, and front garden space, and is currently producing an annual gross income of £11,400. With tenants already situated, the new owner can increase the rent to a market rate of £12,000, making it a worthwhile addition to their portfolio. The current tenants have a good track record of paying rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its desirable location and lucrative rental returns, this property is an attractive option for investors.