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SOLD STC

Maude Street, Leeds

Key features

  • BLOCK OF 7 APARTMENTS
  • READY MADE INVESTMENT
  • CURRENT ANNUAL INCOME OF £65,760
  • CITY CENTRE
  • STRONG HISTORY OF LETTING THE APARTMENTS OUT
  • POTENTIAL TO INCREASE RENTS
  • EPC - RANGE FROM C-D SEE PARTICULARS
  • COUNCIL TAX BAND - RANGE FROM C-E SEE PARTICULARS

Description

*** RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 7 FLATS *** PURCHASE OF THE FREEHOLD *** GREAT LOCATION *** CURRENT ANNUAL RENTAL INCOME OF £65,760 *** Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 7 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented with modern kitchens and bathrooms.

Situated on Maude Street in the centre of Leeds the building is well positioned offering easy access to all local amenities as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.

The apartments are currently broken down as follows:

Flat 1: £670 PCM
Flat 2: £650 PCM
Flat 3: £695 PCM
Flat 4: £750 PCM
Flat 5: £695 PCM
Flat 6: £725 PCM
Flat 7: £1295 PCM

Total monthly rental income: £5,480
Total annual rental income: £65,760

Flats 1,2,3,5 and 6 all have the potential to increase the rent to circa £750, and flat 7 up to £1400, increasing the total annual income to £70,800.

*** RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 7 FLATS *** PURCHASE OF THE FREEHOLD *** GREAT LOCATION *** CURRENT ANNUAL RENTAL INCOME OF £65,760 *** Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 7 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented with modern kitchens and bathrooms.

Situated on Maude Street in the centre of Leeds the building is well positioned offering easy access to all local amenities as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.

The apartments are currently broken down as follows:

Flat 1: £670 PCM
Flat 2: £650 PCM
Flat 3: £695 PCM
Flat 4: £750 PCM
Flat 5: £695 PCM
Flat 6: £725 PCM
Flat 7: £1295 PCM

Total monthly rental income: £5,480
Total annual rental income: £65,760

Flats 1,2,3,5 and 6 all have the potential to increase the rent to circa £750, and flat 7 up to £1400, increasing the total annual income to £70,800.

Flat 1 - Spacious 1-bedroom apartment boasts a living, dining space with immediate access to the kitchen, a spacious double bedroom and bathroom.

EPC - C
COUNCIL TAX BAND - D

Flat 2 - 1-bedroom apartment with open plan kitchen, lounge, diner, double bedroom and bathroom.

EPC - C
COUNCIL TAX BAND - D

Flat 3 - Spacious 1-bedroom apartment boasts a living, dining space with immediate access to the kitchen, a spacious double bedroom and bathroom.

EPC - C
COUNCIL TAX BAND - D

Flat 4 - 1-bedroom apartment with open plan kitchen, lounge, diner, double bedroom and bathroom.

EPC - C
COUNCIL TAX BAND - D

Flat 5 - Mezzanine level bedroom above the living room, apartment complete with kitchen and bathroom.

EPC - D
COUNCIL TAX BAND - C

Flat 6 - Mezzanine level bedroom above the living room, apartment complete with kitchen and bathroom.

EPC - D
COUNCIL TAX BAND - C

Flat 7 - Large 3-bed apartment has recently been renovated with a superb open plan living space with new kitchen. Thee spacious bedrooms one with en-suite and the main bathroom.

EPC - C
COUNCIL TAX BAND - E

Brochures

Maude Street, Leeds
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Maude Street, Leeds

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About Stoneacre Properties, Chapel Allerton

184 Harrogate Road, Leeds, LS7 4NZ
Industry affiliations:

Stoneacre Properties, a leading Leeds Estate Agency, offer a one-stop property-shop serving North Leeds, East Leeds and beyond. The prestigious offices in Chapel Allerton (North Leeds) and Whitkirk (East Leeds) provide residential sales and lettings, full property management services, all aspects of commercial property, legal services and in-house mortgage advice and financial planning.

Stoneacre Properties have been offering high quality properties for over twenty years, working with buyers and sellers in order to add enhanced value to their properties whether to occupy or for investment potential.

Progression and development have seen Stoneacre Properties establish themselves as premier Leeds Estate Agents with a traditional philosophy. Treat all our clients with respect, continue to demonstrate a hard work ethic and exceed service standards at a competitive price.

Residential Sales – Residential Lettings – Commercial Properties – Property Management – Mortgage And Financial – Project Management – Legal Services

Can we be of service to you?

Please visit our website at:

www.stoneacreproperties.co.uk

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Disclaimer - Property reference 33495992. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stoneacre Properties, Chapel Allerton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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