Flats 1-5 & 7b, Fairfax Road, Beeston, Leeds, West Yorkshire

This unique investment opportunity features a substantial detached property originally constructed in the 1850s for the Lord Mayor of Leeds. Currently configured as six self-contained flats—comprising two studios, three one-bedroom units, and one two-bedroom apartment—this asset is fully tenanted by young professionals, generating an annual income of £47,148 with potential for growth. The current owner has meticulously maintained the property over 45 years, ensuring reliable insulation and overall good condition. Notably, planning permission has been granted to convert a sizable 79sqm outbuilding into another self-contained two-bedroom flat, which could elevate total rental income to approximately £61,548 per annum. Additionally, there are grounds for appealing a previous rejection to convert the garage into two one-bedroom apartments; success here could push total income estimates to around £65,148 annually. The property also features a driveway, expansive gardens, and a secure bike shed, making it an attractive prospect for prospective buyers and investors alike.