Queen Street, Morley LS27 1 bed flat for sale

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Queen Street, Morley LS27 1 bed flat for sale

Queen Street, Morley LS27
£49,000

Price History

Initial price £90,000
19/09/24 £75,000
30/09/24 £70,000
07/10/24 £68,000
11/10/24 £66,000
17/10/24 £64,000
26/10/24 £60,000
31/10/24 £58,000
06/11/24 £56,000
13/11/24 £54,000
14/03/25 £60,000
21/03/25 £58,000
27/03/25 £63,000
04/04/25 £54,000
11/04/25 £58,000
18/04/25 £56,000
08/05/25 £57,000
12/06/25 £52,000
18/07/25 £49,000
Price Change -45.56%

Description

This 1-bedroom flat in Leeds is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and ensuite, and is currently generating an annual gross income of £6,900. With a new owner, the rent could be increased to a market rate of £8,004, making it a worthwhile addition to an investment portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and reliable income stream. The property is located in close proximity to valuable amenities, making it an attractive option for investors looking to generate rewarding rental returns.