Immediate rental income from a well-kept two-bedroom city apartment.
- Established tenant in situ, producing £12,600 gross pa
- Two bedrooms, one bathroom, approx. 678 sq ft internal space
- Contemporary open-plan living with large windows and city views
- Well maintained internally; ready for continued rental use
- Leasehold tenure — check remaining term and service charges
- Buyers Premium applies on sale; see Let Property Pack
- Local area classified as student neighbourhood with excellent amenities
- Very high local crime levels — affect insurance and management costs
A ready-made buy-to-let in central Leeds, this two-bedroom apartment sits in the St. George Building on Great George Street and currently produces a gross annual rent of £12,600. The property is well maintained, with contemporary open-plan living, large windows and city views; its 678 sq ft layout is practical for long-term tenancy or continued rental use.
The flat is sold leasehold and comes with an established long-term tenant who has indicated an intention to remain, providing immediate income but limiting vacant-possession options. A Buyers Premium will apply on sale; prospective purchasers should review the Let Property Pack for full tenancy information and running costs before bidding.
Location is a major selling point for investors: LS1 offers fast broadband, excellent mobile signal and immediate access to transport links, shops and university/student-focused amenities. Note the local area records very high crime levels; factor this into rent levels, insurance and management arrangements.
Overall, this is a practical acquisition for an investor seeking immediate yield from a city-centre flat with proven rental history. The leasehold status, ongoing tenancy and local crime statistics are material considerations for capital growth and portfolio risk.
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