53 Stanningley Road, Leeds LS12 3ND

This freehold mixed-use property is located in Armley, Leeds, and comprises two hot food takeaway units and a ground floor studio/office, along with two one-bedroom flats on the upper floors, one of which is a duplex. The current annual rental income is £26,820, with the potential to increase to approximately £35,820 once fully let, resulting in a yield exceeding 21% based on the guide price. The property features a hard-wired fire alarm system, double boarded ceilings on the ground floor, and recent electrical upgrades, including separate supplies for the flats and commercial units. The flats have their own access via a rear door, and the property has undergone insulation improvements to reduce tenant bills. The ground floor includes shared WC facilities, and the first floor consists of a lounge, kitchen, bedroom, and shower room in one flat, while the second flat features a lobby and living kitchen. The second floor flat includes a bedroom and shower room. The current rent schedule includes £6,300 for the shop front, £4,200 for the shop rear, and £9,000 for the occupied flat, with the office/studio generating £6,000.