- High footfall area
- 7.3% yield
- Recently refurbished apartment
- Fully let investment
Location
The subject property is located on Woodhouse Lane
which provides Headingley with a direct route to
Leeds City Centre. The area itself is in a densely
populated residential area and therefore benefits
from a high level of footfall.
The property is located prominently and finds itself
on a bus route. The property is 1.5 miles away from
Headingley Station, within a mile of Burley Park train
station and approx 1 mile away from Leeds City
Centre.
Description
The property comprises a 3 storey, mid
terrace, brick built building under a
pitched roof.
The ground floor is currently let to a
barbershop and comprises an open
plan retail space with kitchenette and
WC facilities at the rear right of the
unit.
Access to the residential apartment is
at the rear of the property. Upon entry
you are welcomed by the stairs which
takes you up to the first floor. The first
floor presents well and comprises an
open plan kitchen/living room.
At second floor level there is a
bathroom and the bedroom which
again present well.
Tenancies
The ground floor commercial unit
is let at £6,210 per annum. The
lease expires on 31/10/2028. The
residential apartment is let on an
AST at a rent of £8,400. The
tenancy runs until 31/08/2026.
Terms
The freehold property is available
for sale subject to its existing
tenancies at a guide price of
£200,000.
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