Summary -
Flat 176,Aspect 14,Elmwood Lane,LEEDS,LS2 8WG
LS2 8WG
2 bed 2 bath Flat
Immediate rental income in a modern city-centre block aimed at investors.
Tenant in situ producing £10,848 gross annual income
Two bedrooms and two bathrooms, including an en-suite
Allocated garage included
Long leasehold: 978 years remaining
Inner-city location with excellent mobile and fast broadband
High local crime rate and area classified as deprived
Buyers Premium payable on purchase
Short current tenancy; review Let Property Pack for terms
This two-bedroom, two-bath apartment in LS2 is being offered with tenants in situ, producing a current gross income of £10,848 per year. The flat sits in a contemporary multi-storey development close to city amenities and public transport, and includes an allocated garage space.
The long lease (978 years remaining) and two bathrooms — one en-suite — make the layout practical for continued lettings or future re-letting to city professionals or students. The building's modern appearance and inner-city location support steady rental demand, while excellent mobile signal and fast broadband suit current tenant needs.
Investors should note material negatives plainly: the property is in a high-crime, deprived area, which can affect tenant mix, void risk and insurance costs. A Buyers Premium will apply on sale. The current tenancy is short‑term so incoming buyers should review the Let Property Pack and tenancy paperwork to confirm terms and transferability.
Overall, this is a clear buy-to-let opportunity for purchasers targeting Leeds city-centre rental stock: long lease, immediate income, and straightforward layout, balanced against local area challenges and transaction fees.
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