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Leylands House, 56 Mabgate, Leeds, UK, LS9 7EA

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 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

Description

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
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Leylands House, 56 Mabgate, Leeds, UK, LS9 7EA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leeds Station0.8 miles
  • Burley Park Station2.1 miles
  • Headingley Station2.8 miles
Recently sold & under offer
See similar nearby properties

About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07804. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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