Rare Investment Opportunity for Auction Leeds LS11

This large, detached property comprises six self-contained flats, including 2 x studios, 3 x 1 bedrooms, and a 2-bedroom apartment. The entire property is tenanted with young professionals, and is currently generating £47,148, however there is potential to increase this. The vendor has owned the property for 45 years and has maintained it extremely well throughout, with good insulation, so there’s no work required for a buyer. An additional bonus, is the 79sqm outbuilding that has been granted planning permission to convert it into a self-contained two-bedroom apartment. If this conversion was carried out, this could increase the total income to £61,548 per annum.