Summary - WEST POINT 68 WELLINGTON STREET LEEDS LS1 4JJ
2 bed 2 bath Flat
Ready-let two-bedroom apartment with parking and long lease, ideal for investors.
- Two bedrooms and two bathrooms in an average-sized 840 sq ft apartment
- Private underground parking and city-centre balcony included
- Long lease (970 years) reduces short-lease risk
- Currently let; gross annual income £15,300 from long-term tenants
- Tenants intend to remain — sale likely to attract investors
- Buyers Premium payable on completion; check purchase costs
- Located in very high recorded crime area — factor into risk and insurance
- Contemporary high-rise building with communal maintenance obligations
Set in Leeds city centre, this two-bedroom, two-bath flat offers ready-made rental income and long-term holding potential. The apartment includes private underground parking, a balcony and accommodation arranged over an average-sized 840 sq ft plan, making it practical for young professionals or sharers. A 970-year lease removes short-lease concerns and broadband and mobile connectivity are strong for city living.
The property is currently let and producing a gross annual income of £15,300, with reliable tenants who wish to remain. That makes the home immediately cash-generative for a buyer seeking an income stream; the Let Property Pack contains full tenancy and income detail for due diligence.
Buyers should note material considerations: the property is leasehold and a Buyers Premium will apply on sale. The surrounding area is a busy city-centre neighbourhood with very high recorded crime levels — important for purchaser risk assessments and insurance quotes. The building is contemporary high-rise, with shared common areas and typical maintenance obligations associated with multi-unit developments.
This is principally an investor opportunity: long lease, parking and steady rental income combine to appeal to portfolio purchasers or developers assessing longer-term value in Leeds city centre. Owner-occupiers should weigh the active rental status and city-centre environment before viewing.
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