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Norville Terrace, Leeds £450,000

  • Great investment opportunity
  • Substantial terrace split into 3 flats
  • Total current gross rent £1960 pcm
  • Fantastic extra potential to convert basement
  • Prime location, close to Headingley
  • Very well managed & presented
  • EPC Ratings - C & D's


A GREAT INVESTMENT OPPORTUNITY! A SUBSTANTIAL WELL MANAGED AND PRESENTED TERRACE, SPLIT INTO THREE SELF-CONTAINED ONE BEDROOMED FLATS, SITUATED IN THIS PROMINENT AND HIGHLY CONVENIENT LOCATION, A SHORT WALK INTO HEADINGLEY WITH ACCESS TO EXTENSIVE AMENITIES AND ON A MAJOR ROAD INTO LEEDS CITY CENTRE AND THE UNIVERSITIES.

The property is currently fully tenanted generating a total gross rent of £1,960 pcm (excluding bills).
Flat 1 let at £650 pcm on a periodic basis (due to be vacant on 3rd November 2021)
Flat 2 let at £675 pcm until 18th April 2022
Flat 3 let at £635 pcm until 23rd February 2022

The property has UPVC double glazing and each flat has its own gas central heating. There is a substantial basement, accessed from the rear providing a great opportunity to convert into a further one bedroomed unit, subject to relevant planning consents. One of the neighbouring properties has recently converted their basement into a self-contained flat providing a great example of the potential.

Internal viewing strongly recommended of this well run and rare investment opportunity.


Norville Terrace
Leeds LS6 1BS
County: West Yorkshire
Sale Type: Sold STC
Ref #: 00003964

Tenure

Freehold

Possession

Subject to existing tenancy agreements; Flat 1 let at £650 pcm on a periodic basis (due to be vacant on 3rd November 2021) Flat 2 let at £675 pcm until 18th April 2022 Flat 3 let at £635 pcm until 23rd February 2022


Norville Terrace
Leeds LS6 1BS
County: West Yorkshire
Sale Type: Sold STC
Ref #: 00003964
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