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3 x Flats - Hillcrest View, Leeds, West Yorkshire, LS7

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

3

SIZE

1,420 sq ft

132 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Hillcrest View
1

Key features

  • Beautifully Converted Terraced Character Property
  • Three Self-Contained 1 Bedroom Flats
  • Each Flat Fitted With A Kitchen & Shower Room
  • Well Established & Consistently Let For 20 Years
  • Undergone Recent Refurbishment
  • Popular Residential Location
  • Excellent Public Transport Links
  • Convenient Location & High Rental Demand
  • 10% Yield
  • Freehold

Description

10% Yield!
Fully Tenanted & Generating Immediate Income
Combined Rental Income of £23,880 per annum

Flat 1 - Ground Floor - £645pcm - Tenanted until November 2025
Flat 2 - First Floor - £695pcm - Tenanted until June 2025
Flat 3 - Second Floor - £650pcm - Tenanted until June 2026

Currently managed by a local professional letting agent at 8% + VAT.

Mr Investa are pleased to present to the market this beautifully converted terraced character property which has been transformed into three self-contained 1 bedroom flats. All three flats have undergone a recent refurbishment to create a modern standard of city living, but worth noting that these well established flats have been consistently tenanted for the last 20 years due to the prime location and high rental demand in the area. This would make a fantastic buy-to-let investment from day one of ownership.

This property has been well-designed to maximise the space to create three spacious 1 bedroom flats each with their own kitchen and shower room. The property has a cellar which could potentially be converted into further accommodation subject to planning permission.

Flat 1 is the only flat with gas central heating and the tenant pays the gas bill. Flats 2 and 3 have been fitted with modern electric wall heaters. All 3 flats have their own electric meters.

Chapeltown is a popular residential area situated north of Leeds City Centre. Convenient for local shops, supermarkets, bars and cafes. Regular local bus service in and out of Leeds City Centre and in the catchment area for good local schools. Ideal location for hospital workers as well.

Tenure: Freehold

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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3 x Flats - Hillcrest View, Leeds, West Yorkshire, LS7

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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
Industry affiliations:Industry affiliation logo 0

We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

Your mortgage

Per year
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Years
%
Monthly repayments
£1,144
We think you can borrow up to
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Disclaimer - Property reference MSN-17789289. 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 Mr Investa Ltd, Salford. 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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