Flat for sale in LS9, 3 Bedroom

This stunning apartment comprises of 3 generously sized double bedrooms, one of which has an en-suite shower room, an open plan living and dining area which is flooded with natural light, a separate high-specification fitted kitchen and a large bathroom with 3-piece suite and shower over the bath. This apartment has modern decor throughout and is furnished to the highest standard. Residents also have access to East Point's bicycle storage and communal terrace which offers spectacular views of the surrounding city alongside having a secure entry system and CCTV. It is no surprise that this development is so popular!

East Point is in an ideal location, providing residents with a peaceful getaway, surrounded by plentiful green space whilst being minutes away from the exciting centre of Leeds which boasts all of the shops, bars, restaurants and cultural sights which one could need. The picturesque city of Leeds is awash with beautiful architecture, and more listed buildings standing than any other UK city besides London including Leeds Corn Exchange and The Victoria Quarter, two-high end shopping centres which are both reachable within a 15 minute walk from East Point along with Leeds train station which provides links to the rest of the UK.

Leeds city centre has a 99% occupancy rate - one of the highest in the country - and is in desperate need of more rental stock. Leeds already has a significant population and more people are arriving every year looking to live and work in the city which has recently been named the "Digital Capital of the North" as well as being the largest financial sector outside of London and one of the uk’s most prominent manufacturing hubs. Young professionals are looking for high quality rental accommodation like that provided by East Point. No surprise as to why this development is so popular with both tenants and investors alike!

Financial Breakdown

Gross rent: £12,000
Ground rent: £295
Service charge: £1,156
Lettings fees: £1,440
Net income: £9,109
Gross yield: 6.86%
Net yield: 5.21%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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-13253