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Town Street, Armley, Leeds Sold STC

FOR SALE BY MONROE COMMERCIAL

Recently converted FREEHOLD block of 5 residential apartments.

- Stunning FREEHOLD building
- 5 x 1 Bedroom apartments
- All furnished
- Fully tenanted
- Conversion completed within the last 12 months
- Current passing income of £36,300 PA
- All fixed terms currently end in 2022.
- Gross Initial Yield of 7.6%
- Potential Gross Yield of 7.9% within 12 months

1 Town Street, Armley is an excellent location for access to both Leeds City Centre and towards Bradford on
Stanningley Road (A647).

The town centre benefits from lots of amenities and the scheme is centrally located. The property is close to
regular bus routes for people working in Leeds City Centre.

We will be able to obtain the following information on request;
- Floor Plans
- EPC's
- Virtual Tours

VAT
We understand that VAT is not applicable.

Viewings:
Viewings can be arranged with 48 hours notice. Please contact us to arrange an appointment time.

Price:
Our client seeks offers over £475,000 for the freehold interest in this property- Subject to Contract. The property is offered for sale by
private treaty. Please be advised that our client is not obliged to accept the highest, or indeed any offer.

Legal Costs:
Each party is responsible for their own legal costs incurred in the transaction.

Book a viewing: Town Street, Armley, Leeds

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