
A Portfolio of Properties, in LS8, LS9, LS11, LS12, LS13 and LS26, Leeds, LS8 3QT
Address
A Portfolio of Properties, in LS8, LS9, LS11, LS12, LS13 and LS26, Leeds, LS8 3QT, England
Auction date
10 Jul 2025
Guide price
£1,950,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Strettons
Description
This extensive portfolio includes thirty-one residential properties situated across various desirable areas in Leeds, such as LS11, LS9, LS8, LS12, and LS26. These properties attract both personal tenants and local housing bodies, offering tremendous access to amenities and transport options, along with proximity to the city center.
Currently, the aggregate gross rent is approximately £210,420 per annum, with a projected market rent of around £230,220 per annum if fully let. Such an array of properties is rarely available for acquisition, promising both immediate returns and excellent long-term growth opportunities.
Five of the properties are vacant, offering a chance for rental enhancements through refurbishment. The portfolio will initially be sold as a single lot and then possibly in separate lots if not sold together, with the total guide price set at £1,950,000, representing a gross yield of about 10.8% based on present earnings.
Last update: 23 Jun 2025