The subject property comprises a late 1900s detached brick-built block over ground and one upper floor underneath a pitched slate roof. Internally, the property provides 32 x one-bedroom flats and 7 x two-bedroom flats, all of approximately 370 sq ft and 600 sq ft respectively. Each flat comprises one bathroom and open planned kitchen/ living rooms. There are 26 parking spaces as part of the property located along the northern and eastern boundaries.
- Ref: 2097767
- Tenure: Freehold
- Types: Residential Investment
- Freehold: £5,200,000
Key Features
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City Centre Freehold investment opportunity
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Located within the wider Mabgate regeneration area
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Detached two storey block of 39 apartments
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32 x one bed and 7 x two bed
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26 car parking spaces with secure gated access
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Well located for road and pedestrian access into Leeds
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Producing a gross income of £419,700 per annum
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Estimated Rental Value (ERV) of c.£444,000 per annum
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Guide price £5,200,000 (8.50% GY based on ERV)
Location
Brunswick Court, Bridge Street, Leeds, LS2 7SA
The subject is positioned on the eastern side of Bridge Street, in a residential suburb of Leeds, 0.5 miles northeast of the city centre. Bridge Street is accessed via North Street which benefits from a number of local and national shops and amenities just off the A64(M). Leeds City Centre can be accessed within a 15-minute walking distance.
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