2 Bedroom Apartment

56 Mabgate, 
Leeds, 
LS9 7EA
Purchase price
£230,000
  • Tenanted
EXCELLENT INVESTMENT OPPORTUNITY! yieldit present this fantastic two bedroom apartment with Juliette balcony finished to the highest of specifications throughout and tenanted for immediate income.
  • Financial Performance*
Gross rent
£15,000
Ground rent
£250
Service charge
£1,946
Net income
£12,804
Gross yield
6.52%
Net yield
5.57%
  • Key Features
  • Investment opportunity
  • Tenants in situ
  • Two double bedrooms
  • Two bathrooms
  • Spacious open plan living area
  • Juliette balcony
  • High specification finish throughout
  • Desirable development
  • Close to everything the city has to offer
  • Don't miss out and enquire today to find out more

An exciting opportunity for investment in one of the cities most desirable areas of the city, Leyland House is perfectly situated in Leeds Northern Quarter with an abundance of amenities within easy reach. This high specification apartment forms part of a modern block of apartments just a 10-minute stroll to the city centre. Tenanted for immediate income and producing an excellent return above 5.5% NET with high tenant demand, this investment ticks all of the boxes.

Positioned on the third floor, this luxurious apartment consists of a spacious open plan living space with Juliette balcony, hard wood flooring and spotlight lighting. The kitchen is fully fitted including integrated appliances and breakfast bar. Both bedrooms are large doubles with floor to ceiling windows and ensuite shower rooms.

Leeds is a hotspot for property investment offering superb rental yields, affordable prices, a rapidly growing population and strong rental demand. The city has a booming economy only second in the UK to London and is only set to continue to prosper in the future with one of the largest projects of regeneration in Europe underway, the South Bank project will double the size of the city centre and is expected to create over 35,000 jobs by 2028. This will inevitably increase the demand for rental properties meaning that now is the perfect opportunity to invest in property in Leeds. Don’t miss out and enquire today.

Please note, lettings and management fees may apply.

  • Financial Performance *
Gross rent
£15,000
Ground rent
£250
Service charge
£1,946
Net income
£12,804
Gross yield
6.52%
Net yield
5.57%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating