Summary - Flat 16, Dock Mill, Dock Lane BD17 7AQ
2 bed 2 bath Apartment
Tenant-in-situ, recently refreshed, income-producing opportunity for buy-to-let buyers.
Two double bedrooms with ensuite to master
A ready-made investment positioned between the River Aire and Leeds Liverpool Canal, this two-bedroom first-floor apartment is offered with a long-term tenant in place. Recently redecorated with new carpets and a modern fitted kitchen, the flat is clean, low-maintenance and immediately income-producing.
Practical features include two double bedrooms (one with ensuite), a separate bathroom, useful storage cupboard and a Juliet balcony with water views. The property benefits from double glazing and an electric storage heating system; service charges and ground rent are set and the lease has 108 years remaining.
Important considerations for investors: current rent is £785pcm and the tenant remains in situ, so purchase will be as a let investment. The development sits in a very deprived area with very high recorded crime levels, which can affect tenant demand, rental growth and resale prospects. Service charge (£1,724.71pa) and ground rent (£229.25pa) are payable annually. Buyers should factor potential running costs from electric heating and the local market characteristics when assessing yield and exit strategy.
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