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Brunswick Court, Bridge Street, Leeds, LS2 7SA

£5,200,000

Business rates & charges may apply

Lambert Smith Hampton, Living & Capital Markets
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SECTOR

Residential development for sale

Key features

  • City Centre Freehold investment opportunity
  • Located within the wider Mabgate regeneration area
  • Detached two storey block of 39 apartments
  • 32 x one bed and 7 x two bed
  • 26 car parking spaces with secure gated access
  • Well located for road and pedestrian access into Leeds
  • Producing a gross income of £419,700 per annum
  • Estimated Rental Value (ERV) of c.£444,000 per annum
  • Guide price £5,200,000 (8.50% GY based on ERV)
  • Contact the selling agent directly:

Description

Description

The subject property comprises a late 1900s detached brick-built block over ground and one upper floor underneath a pitched slate roof.

Internally, the property provides 32 x one-bedroom flats and 7 x two-bedroom flats, all of approximately 370 sq ft and 600 sq ft respectively.

Each flat comprises one bathroom and open planned kitchen/ living rooms.

There are 26 parking spaces as part of the property located along the northern and eastern boundaries.


Location

The subject is positioned on the eastern side of Bridge Street, in a residential suburb of Leeds, 0.5 miles northeast of the city centre. Bridge Street is accessed via North Street which benefits from a number of local and national shops and amenities just off the A64(M). Leeds City Centre can be accessed within a 15-minute walking distance.

City Centre Freehold investment opportunity

Located within the wider Mabgate regeneration area

Detached two storey block of 39 apartments

32 x one bed and 7 x two bed

26 car parking spaces with secure gated access

Well located for road and pedestrian access into Leeds

Producing a gross income of £419,700 per annum

Estimated Rental Value (ERV) of c.£444,000 per annum

Guide price £5,200,000 (8.50% GY based on ERV)

Brochures

Brunswick Court, Bridge Street, Leeds, LS2 7SA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leeds Station0.7 miles
  • Burley Park Station1.9 miles
  • Headingley Station2.7 miles

About Lambert Smith Hampton, Living & Capital Markets

55 Wells Street, London, W1T 3PT

Please note our office opening hours are Monday - Friday, 9am – 5.30pm

Notes

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Disclaimer - Property reference 2097767FH. 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 Lambert Smith Hampton, Living & Capital Markets. 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.