A Portfolio of Properties, in LS8, LS9, LS11, LS12, LS13 and LS26, Leeds, LS8 3QT

** For sale by public auction on 10th July at 12:00 **

Location & Description
Comprising thirty residential properties, this portfolio comprises a substantial and diversified income-producing investment located predominantly across key rental hotspots in Leeds, including LS11, LS9, LS8, LS12 and LS26.

The properties are situated in areas traditionally favoured by both private tenants and local housing providers, offering excellent access to local amenities, public transport, employment hubs and Leeds city centre.

The property addresses are as follows:

22 Marley View, Leeds, LS11 8QP
2 and 2A Cleveleys Street, Leeds, LS11 0AF
17 Sefton Terrace, Leeds, LS11 7EL
Flats A and B, 28 Sandhurst Avenue, Leeds, LS8 3QT
21 A-C Marley Street, Leeds, LS11 8QL
22 A-C Marley Place, Leeds, LS11 8QW
Flats 7-18 Whitehall Court, Leeds, LS12 5QF
20 St Mary's Avenue, Leeds, LS26 8UB
1 Aston View, Leeds, LS13 2DA
87 Coldcotes Avenue, Leeds, LS9 6ND
2 Ivy Crescent, Leeds, LS9 9BR
23 East Park Grove, Leeds, LS9 9JZ
12 Crosby Terrace, Leeds, LS11 9LZ

Tenancy Details
At present, the total gross passing rent amounts to approximately £210,420 per annum, with a full estimated market rent potential of around £230,220 per annum once fully let and optimised.

Portfolios of this nature and scale are seldom available in the open market. With strong rental demand across the Leeds conurbation and significant ongoing investment in the city's infrastructure and housing, this portfolio offers both immediate income and long-term growth prospects for institutional or professional investors.

Auction Surveyor: Stuart Mackay
Contact: /
stuart.

It should be noted that not all of the properties have been internally inspected by Strettons.

Each of the properties held within the portfolio are FREEHOLD

For EPC information on the individual properties, prospective purchasers should refer to the legal pack.

Note
The portfolio consists of a mix of terraced, semi-detached and back to back houses and self-contained flats, many of which are configured as terraced dwellings and purpose built blocks.

The majority of the properties are let on Assured Shorthold Tenancies, some to corporate entities, with a mixture of one- to four-bedroom units, providing flexibility for a range of tenant profiles.

Five of the thirty properties are currently vacant, presenting immediate opportunities for rental uplift or value-add initiatives through refurbishment or repositioning.

A more comprehensive breakdown of the individual properties, their features and finer points are detailed in lot listings 35 to 47, as are the individual guide prices.

The portfolio will be offered as one lot in the first instance and then as individual lots if not previously sold. However, offered in its entirety, the portfolio represents an attractive opportunity to acquire scale and yield in a single purchase.

The collective guide price is £1,950,000 plus, reflecting a gross initial yield of approximately 10.8% based on current income and offering further potential once fully rented.

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