£230,000

2 bed flat for sale

  1.  Leyalandhouse76Img_2291.Jpg
  2.  Leyalandhouse76Img_2262_Edited.Jpg
  3.  Leyalandhouse76Img_2265_Edited.Jpg
Leasehold

£230,000

2 bed flat for sale

Leylands House, 56 Mabgate, Leeds, UK LS9

2 beds
2 baths
1 reception
EPC rating: B

Key Information

Tenure:
Leasehold (244 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • St Peter's Church of England Primary School, Leeds 0.2 miles
  • Ebor Gardens Primary Academy 0.3 miles
  • Leeds 0.8 miles
  • Burley Park 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leeds to find out more about the local area.

Features and description

  • Leasehold
  • Investment opportunity
  • Tenants in situ
  • Two double bedrooms
  • Two bathrooms
  • Spacious open plan living area
  • Juliette balcony
  • High specification finish throughout
  • Desirable development
  • Close to everything the city has to offer
  • Don't miss out and enquire today to find out more
Leylands House, 56 Mabgate, Leeds, UK, Ls9 7Ea

An exciting opportunity for investment in one of the cities most desirable areas of the city, Leyland House is perfectly situated in Leeds Northern Quarter with an abundance of amenities within easy reach. This high specification apartment forms part of a modern block of apartments just a 10-minute stroll to the city centre. Tenanted for immediate income and producing an excellent return above 5.5% net with high tenant demand, this investment ticks all of the boxes.

Positioned on the third floor, this luxurious apartment consists of a spacious open plan living space with Juliette balcony, hard wood flooring and spotlight lighting. The kitchen is fully fitted including integrated appliances and breakfast bar. Both bedrooms are large doubles with floor to ceiling windows and ensuite shower rooms.

Leeds is a hotspot for property investment offering superb rental yields, affordable prices, a rapidly growing population and strong rental demand. The city has a booming economy only second in the UK to London and is only set to continue to prosper in the future with one of the largest projects of regeneration in Europe underway, the South Bank project will double the size of the city centre and is expected to create over 35,000 jobs by 2028. This will inevitably increase the demand for rental properties meaning that now is the perfect opportunity to invest in property in Leeds. Don’t miss out and enquire today.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £15,000.00
Net income: £12,804.00
Gross yield: 6.52%
Net yield: 5.57%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07804

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.

  1. Zoopla
  2. For sale
  3. West Yorkshire
  4. Leeds
  5. Mabgate

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.