Block of apartments for sale
Morris Lane, Leeds
Block of apartments
376 sq ft / 35 sq m
EPC rating: C
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Freehold
- Block of 5 apartments
- Total annual income of £39,840
- Strong history of letting out the apartments
- Great access to local transport links
- Potential to increase rents
- Ready made investment
- Epc range from c d see particulars
- Council tax band all apartments are a
* RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 5 FLATS * PURCHASE OF THE FREEHOLD * GREAT LOCATION * CURRENT ANNUAL RENTAL INCOME OF £39,840 * Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 5 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented having been recently updated with modern kitchens and bathrooms.
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
* RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 5 FLATS * PURCHASE OF THE FREEHOLD * GREAT LOCATION * CURRENT ANNUAL RENTAL INCOME OF £39,840 * Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 5 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented having been recently updated with modern kitchens and bathrooms.
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
Flat 1 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Flat 2 - 1-bedroom apartment with separate kitchen, lounge, double bedroom and bathroom.
EPC - D
Studio 3 - Modern studio apartment with well presented kitchen and bathroom.
EPC - C
Flat 4 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - D
Flat 5 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
* RARE OPPORTUNITY TO ACQUIRE A READY MADE INVESTMENT OF 5 FLATS * PURCHASE OF THE FREEHOLD * GREAT LOCATION * CURRENT ANNUAL RENTAL INCOME OF £39,840 * Stoneacre Properties are delighted to present to market this unique chance to purchase this block of 5 well presented apartments. All currently let out with a long history of successful letting, this ready made portfolio is great for those looking to grow their portfolio. All apartments are well presented having been recently updated with modern kitchens and bathrooms.
Situated on Morris Lane in Kirkstall the building is well positioned offering easy access to the local train station as well offering easy access to local bus routes, and on street parking making the location very appealing for tenants.
The apartments are currently broken down as follows:
Flat 1: £725 PCM
Flat 2: £625 PCM
Flat 3 (studio): £595 PCM
Flat 4: £700 PCM
Flat 5: £675 PCM
Total monthly rental income: £3320
Total annual rental income: £39,840
Flats 2,4 and 5 all have the potential to increase the rent to circa £725.
Flat 1 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Flat 2 - 1-bedroom apartment with separate kitchen, lounge, double bedroom and bathroom.
EPC - D
Studio 3 - Modern studio apartment with well presented kitchen and bathroom.
EPC - C
Flat 4 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - D
Flat 5 - 1-bedroom apartment boasts an open plan kitchen, living, diner, spacious double bedroom and bathroom.
EPC - C
Property information from this agent
About this agent
Stoneacre Properties - North Leeds and City Centre
184 Harrogate Road
Chapel Allerton
LS7 4NZ
0113 427 9257Stoneacre Properties , a leading Leeds Estate Agency, offer a one-stop property-shop serving North Leeds, East Leeds and beyond. The prestigious offices in Chapel Allerton (North Leeds) and Whitkirk (East Leeds) provide residential sales and lettings, full property management services, all aspects of commercial property, legal services and in-house mortgage advice and financial planning. Stoneacre Properties have been offering high quality properties for over twenty years, working with buyers and sellers in order to add enhanced value to their properties whether to occupy or for investment potential. Progression and development have seen Stoneacre Properties establish themselves as premier Leeds Estate Agents with a traditional philosophy. Treat all our clients with respect, continue to demonstrate a hard work ethic and exceed service standards at a competitive price.