Lotu.uk

 - UK Property Auctions

A Portfolio of Properties, in LS8, LS9, LS11, LS12, LS13 and LS26, Leeds, LS8 3QT

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

Similar property auctions

Search more auctions