Overview This development is in a perfect location if you wish to be near all the amenities that the city offers. This apartment is open plan. This property has lots of natural light through the property making it feel bright and creates a good flow as you walk around. The kitchen and bathroom is modern and the property has contemporary furnishings. Access to the balcony is from the living room which has amazing south facing views from the 8th floor. There is also a communal terrace for residence. The building has a concierge service.
Investment This investment is an unmissable opportunity because not only is it the most central in Leeds, but it also offers some of the highest net yields in the whole of the city - usually you would only find this type of yield in regeneration/second-tier areas. However, as there is such a huge demand from international students for this exact location, it allows us to achieve some fantastic rents which in turn result in huge yields.
Rent: £900 pcm / £10,800 pa
Gross Yield: 7%
Net Yield: 6.09%
This is a tier 1 location and as result it is a safe bet for investment and capital growth. The development is also completed so there is no construction/build risk and the scheme has a number of tenants already in situ. Combine that with a high yield and instant returns and it's clear to see that this opportunity is a no-brainer.
The apartment is an LS1 postcode and you can walk to the train station in under 2 minutes. It is without a doubt one of the most desirable apartments in the city of Leeds.
The scheme has a clear usp and there will never be any other residential built here as there is no space for it!
Living room The living room and kitchen are part of an open plan area. The property is furnished with an L shaped sofa, a 4 chair dining set, dishwasher, and a TV. The Kitchen also has an included oven with a 4 ring hob. The living room has access to the south facing balcony which offers views of Albion Street. The walls are freshly painted white and the room itself has lots of storage space.
Bedroom The Bedroom is larger than average for the building, offering a good living space. The bedroom also has lots of natural light due to the two huge windows it has. These windows offer great city views. Furnishing includes built in mirror wardrobes, and two bedside tables.
Bathroom The bathroom has a bathtub and a separate shower. It is also furnished with a towel rail and a large mirror. The tiles in the bathroom are new.
Location The building is located just off the Headrow in Leeds. This means it is close to masses of landmarks and amenities including Leeds University (great for students), Leeds train station, Leeds shops, and The Core shopping centre.
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