2 Bedrooms Flat for sale in 5 Bedford St, Leeds LS1 | £ 160,000
Overview
| Price: | £ 160,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | West Yorkshire |
| Town: | Leeds |
| Postcode: | LS1 |
| Address: | 5 Bedford St, Leeds LS1 |
| Bathrooms: | 1 |
| Bedrooms: | 2 |
Property Description
Overview At the heart of the city, situated on Bedford Street, with some of the best bars, restaurants & night life in Leeds on the door step, this two bedroom apartment is a short walk from the train station and walking distance to city attractions/shopping. It is very close to a number of major employers and The University of Leeds.
With the entrance to the flats just off Park Row and 1 minute walk to Greek Street this building is nestled in the Leeds financial district. The area is safe as it is within the prime banking and leisure quarter of the city centre, close neighbours are Carluccio's, Wagamama, Gaucho, Piccolino and Jamie's Italian Restaurants. Conveniently located, just a 6 minute walk from the First Direct Arena, 6 minutes from the o2 Academy, 4 minutes from Trinity, 7 minutes the new Victoria Quarter and moments from a number of bars and restaurants.
The apartment is a strong rental investment which should generate £950 pcm. The Park Row area is in high demand, especially with international students who look to start their tenancies between June - September, thus offering a sustainable rental income year on year.
There is a current tenant in place who pays £900 pcm. Although the market rent of this property is £950.
Service Charge: £2,000 per annum
Ground Rent: £120 per annum
living space The open plan living space is a good size, light and bright. The living room is big enough for multiple sofas and offers an excellent layout.
Kitchen There is a large open plan kitchen, boasting a sizeable breakfast bar. The kitchen space is good and there is enough room for 4 to dine. Adjacent to the kitchen is a balcony which looks over the internal building. The kitchen has compact fridge/freezer, microwave and a 4 ring electric hotplate.
Bedroom 1 The master bedroom is well proportioned, with built-in wardrobes, high ceilings and floor to ceiling patio doors - which open onto another balcony offering views of the quiet Bedford Street.
Bedroom 2 Bedroom 2 is a modest size, which also has access to the balcony overlooking Bedford Street.
House bathroom The house bathroom is clean and bright, with shower over bath, white suite, heated towel rail and wall mounted storage.
Particulars Current Rent: £900pcm
Optimised Rent: £950pcm
Service Charge: £2,000 pa
Ground Rent: £120 pa
Current Gross Yield: 6.75%
Optimised Gross Yield: 7.10%
Property Location
Property Marketed by North Property Group Ltd
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