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2 bedroom terraced house for sale
Bayswater Place, Leeds, LS8 5LS
£70,000
    S&S Estates Property Group are pleased to present to you this wonderful two-bedroom terrace, double glazed and centrally located property.

    Ideally situated close to all local amenities, Bayswater Place LS8 5LS with hilly views and minutes from stores and restaurants.

    The property briefly comprises:

    Lovely kitchen
    Living Room / Diner
    Two good sized bedrooms
    Family bathroom
    GCH
    Double glazed throughout
    Lovely bright house

    Works Required

    X2 Fire doors
    Painting and flooring throughout
    Escape first floor window
    X1 Window restrictors
    Gas & Electric Certification

    Estimated total - £4800

    Close to transport links and shops, this area is in demand and rental interest is sure to be high, securing a good yield in return of your investment.

    The property has overall been well maintained and is in great condition, requiring very minimal works.

    Return on Investment:

    This property is currently being marketed at £74,950, however we have negotiated a reduced price of £70,000.

    Previous sales on this road:

    55 Bayswater Place sold September 2016 £68,000
    67 Bayswater Place sold October 2018 £75,000
    71 Bayswater Place Sold April 2018 £77,500

    The annual rental income by our housing association £570pcm = £6840pa

    The annual rental income achievable £530pcm = £6,360pa (LHA Rate)

    At £70,000 + £4800 refurbishment, at the lower LHA income of £6,360 [/12 months = £530pcm] this will return 8.5% on your investment.

    At £70,000 + £4800 refurbishment, at the higher Housing Association rental income of £6,840 [/12 = £570pcm], this will return slightly over 9% on your investment.

    This property is being sold as vacant.

    Tenure – Buyers solicitors to verify

    Sourcing fees apply

    To discuss this investment in further detail, please email raymond@sands-group.co.uk

    Please note, all of the above information, pictures & figures are for informative & guidance purposes only. The above calculations have not included the possibilities for any vacant periods, additional works that may be required during the tenancy, and are based purely on the current market prices and rentals.
    S&S Estates Property Group take no liability under any circumstances. As with all investments, your capital is always at risk and suitable advice and guidance should be sought from a competent financial adviser prior commencing with any investment opportunity.
    Reference: RS0168
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    ***INVESTMENT OPPORTUNITY***

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 0161 773 5309, or complete the form below:

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