Sold
Leeds – Freehold investment opportunity comprising 66 apartments
Old School Lofts, Whingate, Armley, LS12 3BW
Offers in excess of £5,850,000
- Property Type:
- Residential
- Sub Type:
- Block of Flats
- Tenure:
- Freehold
Description
- Freehold
- Comprising 66 flats in total
- 9 sold subject to long leases
- Unsold flats
- 26 subject to Assured Shorthold Tenancies
- 27 subject to Periodic Tenancies
- 4 Vacant (one sold STC)
- Total current rent reserved: £405,720 pa
- Estimated rental value: £424,500 pa
- Gross yield: 7.3% (based on ERV)
- Ample car parking
- Attractive break-up or rental opportunity