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Freehold and Planning,Kirkstall Road

POA
  • 12 Bedrooms
  • 12 Bathrooms
  • 1 Reception Rooms
  • Ref: 11184
  • Type: Land
  • Availability: Sold
  • Tenure: Freehold

Property Features

  • PHASE 2 PLANNING PERMISSION
  • 8 NEW FLATS WITH PLANNING
  • FREEHOLD OF EXISTING AND NEW BUILDING
  • 4 FLATS RENTED OUT
  • GREAT LOCATION ON KIRKSTALL ROAD
  • £28,500 PER YEAR FROM 4 RENTALS
  • VIEWINGS AVAILABLE ON REQUEST
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Property Summary

** PLANNING 8 FLATS ** FREEHOLD 36 FLATS ** 4 RENTED FLATS **

Full Details

Zenko Properties would like to present this unique opportunity to acquire the Freehold of Kirkstall Gate block, which consists of 36 flats in total, Phase 2 planning (Extension of existing residential block to form 8 additional apartments)
Planning reference number : 17/01549/FU
and 4 rented flats producing £2,375 gross rent per month (£28,500 per year)

GDV estimates from Zenko

4 Flats in future - £400,000
New 8 flats (planning permission) - £1,000,000
Freehold - £180,000

Total GDV = £1,580,000