Friday, 4 March 2016

Modern 2 bed apartment in Burley with nearly 9% return

This attractive and modern 2 bed flat located in Burley Wood Court is in a prime location for professionals. Located on Kirkstall Road it's just set back off the main road with a bus stop straight outside making it ideal for commuters with Leeds City Centre less than 10 minutes away. It's also just a stones throw away from Cardigan Fields which is home to a cinema complex, gym, bowling alley & bars and restaurants so location wise this property has fantastic appeal and would easily rent out.

It's currently only being rented out as a 1 bed but as the ad correctly states, if the living room was utilised as a second bedroom you'd create a spacious second bedroom so you could easily achieve a monthly rent of £750pcm without the hassle of having to knock down walls etc. The current kitchen and dining room could easily be used as an open plan living room and kitchen and it still not lose any of it's appeal. 

The rest of the property doesn't need any work doing to it as it's already been finished to a great standard. 

If you were able to buy the property for around £105,000 you would be able to achieve a solid return of nearly 9%.

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