Flat for sale in Leeds LS9, 1 Bedroom

**Currently Vacant**

Current Financial Breakdown

Gross Rent: £8,100
Service Charge: £897.11
Ground Rent: £300pa
Management fee: 8% + VAT- £777.60pa
net Rent: £6,157.89
net Yield: 4.94%

X1 Aire offers a high return and is in the heart of Leeds, perfect for the local residential rental market – enquire now!

A stunning 1st floor, corner positioned apartment with private balcony, dual aspect windows, fully furnished and secure allocated parking.

This newly completed one-bedroom apartment is fully furnished to a high standard, with a fitted kitchen, stylish bathroom and modern finish. Residents would also benefit from several on-site facilities such as a private gymnasium, secure bicycle storage, and well maintained communal areas. In addition, this unit has its own allocated parking space.

Leeds is a popular choice among young professionals and the oversubscribed rental market will mean that X1 Aire is sure to be in popular demand. With a myriad of different leisure and retain opportunities just a walk away there is no shortage of things to do. X1 Aire is also served by excellent transport links.

The River Aire, located less than 5 minutes away from the apartments is also on the doorstep, giving residents a serene getaway from the bustle of city life.

Leeds is unquestionably one of the best rental markets for investors right now, with the population expected to grow by 9% from the last recorded census, to reach a predicated 819,000 by 2024. This will push up demand for rental properties, particularly in developments such at X1 Aire – resulting in rent increases.

Financial Breakdown

Gross rent: £8,100
Ground rent: £300
Service charge: £897
Lettings fees: £778
Net income: £6,125
Gross yield: 6.48%
Net yield: 4.9%

Important Note To Purchasers

These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-0569