This property has been recently reduced in price making it a reasonable investment likely to give a minimum of 7% return. It's on North Parade which is close to bus routes into Leeds and short walk into Morley so should prove a popular location.
The bathroom could do with up-dating but other than that it appears to be well presented. In it's current condition it would probably rent at around £500 pcm which would give a 7% return, if it was up-date and modernised it should be £525 pcm to £550 pcm which would give an almost 8% return which is very healthy.
It's on the market with WH Brown, here's the rightmove link - North Parade
If you want to discuss this or any other property investment you are considering, feel free to get in touch on 0113 436 4360 orclaire@openhousemorley.co.uk, I’m always happy to talk property!
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