Property Summary

Block information

• Terraced house split into 3 x 1-bed flats
• The house has been setup like this for 20 years
• Spread over 3 floors
• The tenants pay all utility bills themselves
• Electricity is paid via meters and managed by the lettings agent, providing extra income to the vendor
• EPC ratings C
• Council tax bands A

Rental information

All flats are fully tenanted and currently* achieve:

Flat 1 – £675 per 4 weeks

Flat 2 – £550 pcm

Flat 3 – £575 pcm

• Total monthly rental income: £1,800
• Total annual rental income: £21,600

* Rent is available to be increased to match current rental rates of between £595 – £625pcm, which could achieve a potential total monthly rental income of £1,875 and a potential annual rental income of £22,500

Location information

• The property is located in the Armley area of Leeds
• Leeds city centre is around 2.4 miles from the property
• There is a bus stop a short walk from the property with regular services into the city centre
• Armley Park is only a short walk from the property
• Easy access to the road network and the M621 via junction 2

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.