This property presents a compelling investment opportunity, currently configured as three self-contained apartments generating an approximate gross rental income of £34,000 annually. Ideally situated just a short walk from the vibrant heart of Leeds, it benefits from close proximity to the main University campus and key local amenities like Leeds General Infirmary and the Dental Institute. The property maintains full occupancy, with tenants covering all utilities, while offering potential for increased rental returns through minor enhancements. Each flat is held under a single title, allowing the possibility for individual sale as long leasehold units depending on purchaser interest.
Comprising two one-bedroom apartments on the ground and lower levels alongside a spacious three-bedroom residence across the first and second floors, there are ample opportunities for refurbishment that could elevate both living standards and rental income. The layout features original characteristics such as high ceilings and fireplaces, which can be preserved or enhanced in any renovation plan. Each unit has PVCu double glazing and gas central heating already in place.
Additional possibilities exist for expanding living space in the lower ground floor flat due to its unique layout—subject to necessary consents—which could further increase its appeal. This established area of Woodhouse offers extensive parkland and convenient access to a diverse range of local shops and eateries, making this property an attractive proposition for both investors and future buyers alike.
