Monroe Estate Agents says ..

Property Oracle says ..

This property listing presents a freehold block of nine tenanted apartments located in Armley, Leeds. The building appears to be newly constructed or recently renovated, showing excellent condition in the provided images. The property includes a small but functional garden area. The listing highlights an approximate 9.3% gross yield. The location is convenient, offering proximity to various amenities, including several primary schools within a 0.75 km radius. Proximity to Burley Park train station is also noted. However, detailed information about secondary schools and access to further transport links (e.g., bus routes) is lacking. The price of £950,000 needs further investigation regarding individual unit values and rental incomes before conclusively determining value for money, but at first glance, it seems in-line with the surrounding property market in Armley. The lack of precise square footage data makes further price-per-square-foot analysis difficult. Overall, the property presents as a sound investment opportunity, but prospective buyers should conduct thorough due diligence to fully assess the financial prospects.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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