Standout Features
- CURRENT ANNUAL INCOME £57,315.96
- FREEHOLD
- X2 COMMERCIAL UNITS
- X6 RESIDENTIAL STUDIOS
- ALL RENTED
- POPULAR KIRKSTALL AREA
- CLOSE TO LEEDS CITY CENTRE
- PLENTY OF AMENITIES, SOCIAL AND LEISURE FACILITIES ON THE DOOR STEP
- ON STREET PARKING
- FANTASTIC OPPORTUNITY
Property Description
Martin & Co are delighted to bring this portfolio opportunity to the open market.
With an annual income of £57,315.96 pa giving just over a 9.5% gross yield.
The portfolio is split into two commercial units and six residential studio apartments.
The residential apartments are in two separate dwellings with their own entrances (between 3) and own electric meters.
Both commercial units are on the ground floor, one having a basement.
FREEHOLD
INVETMENT INFORMATION Commercial unit 1: Income £12,999.96 pa fixed term let until July 2025
Commercial unit 2: Income £11,496 pa fixed term let until October 2026
Residential block 1
Flat 1 £4,800 pa - on a periodic tenancy
Flat 2 £6,000 pa - fixed term contract until April 2024
Flat 3 £7,200 pa - on a periodic tenancy
Residential block 2
Flat 1 £3,840 pa - on a periodic tenancy
Flat 2 £6,000 pa - on a periodic tenancy
Flat 3 £4,980 pa - on a periodic tenancy
PROPERTY INFORMATION Residential:
Each block has its own entrance, one apartment to each storey. All on their own electric & water meters.
Block 1
Flat 1 - 13m2 - EPC E
Flat 2 - 24m2 - EPC E
Flat 3 - 34m2 - EPC E
Block 2
Flat 1 - 16m2 - EPC D
Flat 2 - 20m2 - EPC E
Flat 3 - 31m2 - EPC D
Commercial 1
94m2 - EPC rating E
Commercial 2
86m2 - EPC Rating C
With an annual income of £57,315.96 pa giving just over a 9.5% gross yield.
The portfolio is split into two commercial units and six residential studio apartments.
The residential apartments are in two separate dwellings with their own entrances (between 3) and own electric meters.
Both commercial units are on the ground floor, one having a basement.
FREEHOLD
INVETMENT INFORMATION Commercial unit 1: Income £12,999.96 pa fixed term let until July 2025
Commercial unit 2: Income £11,496 pa fixed term let until October 2026
Residential block 1
Flat 1 £4,800 pa - on a periodic tenancy
Flat 2 £6,000 pa - fixed term contract until April 2024
Flat 3 £7,200 pa - on a periodic tenancy
Residential block 2
Flat 1 £3,840 pa - on a periodic tenancy
Flat 2 £6,000 pa - on a periodic tenancy
Flat 3 £4,980 pa - on a periodic tenancy
PROPERTY INFORMATION Residential:
Each block has its own entrance, one apartment to each storey. All on their own electric & water meters.
Block 1
Flat 1 - 13m2 - EPC E
Flat 2 - 24m2 - EPC E
Flat 3 - 34m2 - EPC E
Block 2
Flat 1 - 16m2 - EPC D
Flat 2 - 20m2 - EPC E
Flat 3 - 31m2 - EPC D
Commercial 1
94m2 - EPC rating E
Commercial 2
86m2 - EPC Rating C
Additional Information
Tenure:
Freehold
Mortgage calculator
Calculate your stamp duty
Results
Stamp Duty To Pay:
Effective Rate:
| Tax Band | % | Taxable Sum | Tax |
|---|
Kirkstall Road, LS4
Struggling to find a property? Get in touch and we'll help you find your ideal property.
