Immediate rental income from an established tenant in a high-demand area.
One-bedroom flat in modern multi-storey block
Located on East Street in LS9, this one-bedroom flat sits in a modern multi-storey block within a busy, multicultural student neighbourhood. The building presents contemporary styling, reliable fast broadband and excellent mobile signal — features that appeal to long-term renters and student demand alike.
The flat is currently tenanted and produces an annual gross income of £10,500, giving a strong gross yield of approximately 8.75% at the listed price of £120,000. Off-street shared parking and proximity to public transport, shops and leisure amenities support hands-off management and steady occupancy for investors.
Buyers should note the property is leasehold and sold with a long-term tenant in situ; the tenant wishes to remain. A buyer’s premium applies to secure the sale. Crime levels in the area are above average and there is no private garden, so investor pricing and management plans should reflect these factors.
For investors seeking a straightforward addition to a rental portfolio, this flat offers immediate income with future re-let potential in a high-demand, student-oriented part of Leeds. Detailed rental projections and tenancy information are available in the Let Property Pack.
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