Flats 1-7, 21 Cardigan Road, Headingley

Asking price of £850,000
For Sale
9 Bedrooms7 Bathrooms7 Reception RoomsSemi-Detached House

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  • 7 Flats, 6 Garages
  • Fully Let
  • Investment Opportunity
  • Income £52,680 per annum
  • Sought After Headingley Location
  • No Onward Chain
  • Over 6% Yield
  • Early Viewing Advised

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***FULLY LET INVESTMENT OPPORTUNITY*** An excellent opportunity arises to purchase this substantial period residence set in the heart of Headingley.

The property has been converted in to 7 apartments, all of which are tenanted. To the rear there is a block of 6 garages, 5 of which are let at present. The annual gross income is currently £52,680.

The property has been well maintained by the current vendor and most of the apartments are furnished. There is a large carpark to the rear.

It is offered for sale on an investment basis and vacant possession is not available.

We are instructed that it is fully compliant with all relevant current legislation, licensing and regulation, although purchasers must of course satisfy themselves as to the accuracy of this information.

Flat 1 - One Bed Tenanted until June 2022 - £625 per calendar month

Flat 2 - One Bed Periodic tenancy - £550 per calendar month

Flat 3 - One Bed Tenanted until November 2022 - £465 per calendar month

Flat 4 - One Bed Tenanted until August 2022 - £650 per calendar month

Flat 5 - Three Bed Tenanted until November 2022 - £650 per calendar month

Flat 6 - One Bed Tenanted until July 2022 - £625 per calendar month

Flat 7 - One Bed Tenanted until November 2022 - £625 per calendar month

Garages 5 currently let - £40 each per calendar month
1 vacant

Rental income £52,680 per annum

Tenure Freehold

Viewing Arrangements Strictly by appointment only. Please call us to arrange an appointment.

Method of Sale Please note - the vendor has specifically requested that sealed bids are submitted to us at our office by no later than 12pm on Wednesday 24th November 2021.

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