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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom

Features

  • Well presented one bedroom flat
  • Great location under 5 minutes to the City Centre
  • Floor to ceiling windows
  • 6.2% Net Yield
  • Rented at £425 pcm on a rolling contract
  • Market rent of £475 pcm
  • Optimised net yield of 7.06%
  • 3rd floor
  • Brilliant buy to let opportunity

Listing view statistics

Last 30 days: 55 page views

Since listed: 55 page views

Description

** tenanted btl opportunity ** rented at £425 pcm ** on the door step to john lewis ** current net yield of 6.20% ** market rent £475 pcm **

Citispace is located on Regent Street, just a short walk from the main shopping areas of the City.

One Mile from the University, under 5 minutes walk to the heart of the City Centre and 10 minutes walk to St James Hospital.

The property is available to purchase with no chain and is currently tenanted at £425 pcm. The property is sold to include furniture.

The property comprises; hallway with access to the shower room and separate bedroom area. The bedroom has wardrobes and accessed through sliding doors. An open plan living area with floor to ceiling windows giving plenty of natural light. Kitchenette has workspace, space for microwave, space for a small fridge, storage draws and cupboards and a two ring electric hob

Citispace has a laundry area for residents to use (at tenants additional cost) and a communal roof garden seating area. Plus parking at an additional cost.

Currently tenanted

£425 pcm on a monthly rolling contract.

Leasehold: 125 Years from 2004

Ground rent: £150 per annum

Service charge: £614 approx per annum (including building insurance)

Current Gross Yield: 7.29

Current Net Yield: 6.20

Optimised Gross Yield: 8.15%

Optimised Net Yield: 7.06%

You could get

Superfast broadband Superfast broadband

Up to 40 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Leeds 0.8 miles
  • Burley Park 1.9 miles
  • St Peter's Church of England Primary School, Leeds 0.2 miles
  • Shakespeare Primary School 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Leeds 0.8 miles
  • Burley Park 1.9 miles
  • St Peter's Church of England Primary School, Leeds 0.2 miles
  • Shakespeare Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in LS2:

  • £141,227
  • Price decrease

  • -£19,083
  • (-11.904%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £136,054
  • Properties sold

    32

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in LS2 is currently:

£659 pcm

Recent sales nearby

See all recent sales in LS2
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
3rd Sep 2020 £69,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Smart Investment & Management. 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 Smart Investment & Management for full details and further information.