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Quote Reference KS1343 to speak to Kieran Shaughnessy. A superb ready-made investment opportunity in Beeston, Leeds - this well-presented, two-bedroom ground floor apartment offers strong rental returns and hassle-free income from day one. Located within a modern purpose-built development on Admiral Street, the property is currently let to a reliable tenant. With rent increased to market rate, the achievable monthly income is £875 pcm, equating to a gross yield of around 9.5% at the asking price of £110,000. After service charges and ground rent, this equates to a 7.4% net yield. The apartment features a bright open-plan living and kitchen area, finished in light neutral tones with wood flooring and ample natural light. The modern fitted kitchen includes integrated appliances and plenty of storage. There are two double bedrooms, a contemporary bathroom suite, and well-maintained communal areas with residents' parking. Situated just a short distance from Leeds city centre, the development offers excellent access to local amenities, the M621 motorway, and major employers across the city. With ongoing rental demand in this area, the property represents a solid, low-maintenance investment in one of Leeds' most accessible rental locations. This investment is ideal for those seeking immediate income and strong rental performance in the Leeds market.
Admiral Street, Leeds, LS11 5NG
Fixed 5.2% interest rate
Monthly repayments are indicative and for guidance only. The amount you can borrow depends on your circumstances and is subject to a full application.
Stamp duty due on property purchases in England & Northern Ireland.
Your situation
No stamp duty to pay
This calculation is a guide only and assumes a single residential purchase by a UK resident. Confirm with your solicitor or adviser.