Tenanted Mixed-Use Investment on York Road in Leeds!
Description
An excellent opportunity to acquire a tenanted mixed-use investment property situated on the busy York Road in Leeds.
The property offers a commercial unit to the ground floor, currently used as a kitchen/retail area, together with a two bedroom apartment arranged over the first and second floors. The apartment provides a living room, kitchen, bathroom and two bedrooms, with the property also benefiting from substantial cellar storage.
The flat is currently let at £400 PCM and the retail until is rented for £450 PCM providing an immediate rental income of £850 PCM from completion, with the potential to increase the rent.
Located on the eastern side of Leeds, the flat is well positioned for access to the amenities of York Road and the wider Harehills and East End Park areas, where residents will find supermarkets, local shops, cafés and takeaways. Leeds city centre is accessible by bus along York Road, with several routes providing frequent services into the core shopping, business and entertainment districts.
With its prominent position on York Road, established rental income and scope to improve the return, this represents an attractive mixed-use investment opportunity and would make an good addition to an investor's portfolio.
Tenure: See Legal Pack
EPC Rating: D & E
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3600 inc VAT payable on exchange of contracts.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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