The block
TENURE
Freehold
NO OF UNITS
3
TENANCY STATUS
Tenanted
FURNISHED
No
TOTAL SQ FT
TBC
PRICE SQ FT
£0
Block information
- Terraced house split into 3 x 1-bed flats
- The house has been setup like this for 20 years
- Spread over 3 floors
- The tenants pay all utility bills themselves
- Electricity is paid via meters and managed by the lettings agent, providing extra income to the vendor
- EPC ratings C
- Council tax bands A
Rental information
All flats are fully tenanted and achieve:
- Total monthly rental income: £1,590
- Total annual rental income: £19,080
Location information
- The property is located in the Armley area of Leeds
- Leeds city centre is around 2.4 miles from the property
- There is a bus stop a short walk from the property with regular services into the city centre
- Armley Park is only a short walk from the property
- Easy access to the road network and the M621 via junction 2
Note
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
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About Leeds, West Yorkshire
Leeds is a city in West Yorkshire. It is situated around 9 miles east of Bradford, 33 miles north of Sheffield and 39 miles northeast of Manchester.
This city is serviced by Leeds railway station, which acts as the terminus station of the East Coast Main Line and is the third busiest railway station outside of London. This station is managed by Network Rail and operates services by London North Eastern Railway, CrossCountry, TransPennine Express, Northern and East Midland Trains. This station is also used by the Metrotrain network in West Yorkshire and operates the following lines; Leeds Branch of the East Coast Main Line to London King’s Cross, Midland Main Line to London St Pancras, Airedale Line to Keighley/Skipton/Carlisle, Hallam Line to Castleford/Wakefield/Barnsley/Sheffield and many more. CrossCountry offers routes between Scotland, the Midlands and the south west of England.
The city of Leeds has an extensive retail area which is identified as the principal regional shopping centre for the whole of the Yorkshire and the Humber, generating on average £1.93bn turnover annually. There are several indoor shopping centres in the city centre such as the Merrion Centre, St John’s Centre, The Core and The Victoria Quarter to name a few. Between these shopping centres there are well over 1,000 retail stores spread across a combined floorspace of 3,660,000 square feet. The heart of this retail centre is around the largely pedestrianised Briggate where one can find all well-known British high street stores including Marks & Spencer, House of Fraser, Debenhams and Harvey Nichols. The Victoria Quarter is one of the more notable shopping centres due to its collection of around 70 high-end luxury retailers such as Louis Vuitton and Vivienne Westwood spread across two Victorian arcades.
Leeds has one of the most diverse economies of all of the UK’s main employment centres and has recently seen the largest growth in private-sector jobs in the whole of the UK. Leeds is hailed as the largest centre outside of London for financial and business services. Leeds has over 30 national and international banks that operate from the city including Barclays, Santander and RBS, as well as the headquarters of Yorkshire Bank and First Direct. Other major companies that are based in the city include William Hill, ASDA, Direct Line and many more. Leeds is also the UK’s third-largest manufacturing centre and 50% of the UK’s manufacturing firms are within a two-hour drive of Leeds.
For all these reasons and more Leeds has become a very popular location for young professionals and many graduates stay on in Leeds once they have finished their studies. Recent years have even seen an influx of graduates from all over the country due to the high number of graduate apprenticeship programmes and this demographic is the perfect target for HMOs in the city.
Armley Ridge Road,
Leeds,
West Yorkshire,
England,
LS12 3LD
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