2 bed Flat (for sale) Roman Crescent, Roundhay, Leeds LS8
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W&N Building, Whitefriars Avenue, Harrow
020 8128 0677
30th Nov 2021
2nd Mar 2022
Features
- Type: Flat
- Bedrooms: 2
- Listing status: sale
- Country: England
Description
Portfolio of three purpose built luxury flats in highly sought after location in the middle of Roundhay, just off Street Lane, giving a 50% share of the block which comprises 6 apartments. The three flats benefit from 999 year leases and a share in the freehold of the building and its generous grounds.
The three flats are currently tenanted good quality tenants, producing £1875 pounds per calendar month exclusive (£22,500pa). There is also scope for modest rent increases in the short and medium term. The portfolio offers a healthy yield, requires very little active management, and will benefit from rental and capital increase in the future being in a prime location. There is also the possibility of long-term development potential of the building and the grounds in cooperation with the owners of the other 3 apartments, or by acquisition of those apartments over time.
Local info for LS8
Property Value Data/Graphs for LS8
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Semi-detached house | 37.1% | £283,711 | 3.2 | 1.1 |
| Flat | 31.2% | £179,493 | 1.8 | 1.2 |
| Terraced house | 17.6% | £163,765 | 3.2 | 1 |
| Detached house | 7.2% | £533,122 | 4.5 | 2 |
| Town house | 2.7% | £295,825 | 3.2 | 1.5 |
| End terrace house | 1.4% | £358,333 | 5 | 2 |
| Link-detached house | 0.9% | £392,500 | 3.5 | 1.5 |
| Bungalow | 0.9% | £352,500 | 2 | 2 |
| Other | 0.9% | £65,000 | 1 | 1 |
Area Information
£258,628
3540
£249,032
£9,596 3.9%
Current Asking Prices in LS8 Average: £249,032
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | £168,750 (4) | £154,361 (26) | £247,528 (67) | £343,332 (36) | £438,621 (12) |
| Flats | £116,298 (28) | £194,477 (31) | £299,989 (9) | £400,000 (1) | - |
| All | £122,855 (32) | £176,179 (57) | £253,740 (76) | £344,863 (37) | £438,621 (12) |
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