1 bed Flat For Sale £120,000
** Property sold furnished ** Short walk to the heart of the City Centre ** Stunning Riverside Location
Quay One is a boutique development in the heart of Leeds City Centre, with strong letting appeal and priced at a level to give investors a good opportunity to earn capital growth with great yields. This flagship scheme is fully occupied, with its excellent location and access to the City Centre the properties are very popular.
The portfolio comprises of 3 x 1 bedroom apartments and 1 x studio apartment. There are also an allocated parking space with one of the apartments which is priced at an additional £10,000. We anticipate that the parking space will generate and additional £100 pcm in rental income.
Quay One makes a perfect buy to let investment, offering net yields up to 7.18%. Based on current market conditions, we anticipate that the market rents will range from £650 - £800 pcm subject to the unit style and size and if parking is included.
The apartments have been well thought out and designed which will appeal to both owner occupiers and buy to let investors, not to mention the specification of all the apartments is very good throughout, all of which have been recently redecorated.
The apartments will be sold on a long leasehold of 125 years (from 2008) with grounds rents which are set at £200 pa. All apartments will be sold to include the furniture.
Leeds City Council - Council Tax Band C
Service Charge: £788.60
Ground Rent: £200
Current Rent: £800 pcm
AST end date: 14/08/23
Quay One is a boutique development in the heart of Leeds City Centre, with strong letting appeal and priced at a level to give investors a good opportunity to earn capital growth with great yields. This flagship scheme is fully occupied, with its excellent location and access to the City Centre the properties are very popular.
The portfolio comprises of 3 x 1 bedroom apartments and 1 x studio apartment. There are also an allocated parking space with one of the apartments which is priced at an additional £10,000. We anticipate that the parking space will generate and additional £100 pcm in rental income.
Quay One makes a perfect buy to let investment, offering net yields up to 7.18%. Based on current market conditions, we anticipate that the market rents will range from £650 - £800 pcm subject to the unit style and size and if parking is included.
The apartments have been well thought out and designed which will appeal to both owner occupiers and buy to let investors, not to mention the specification of all the apartments is very good throughout, all of which have been recently redecorated.
The apartments will be sold on a long leasehold of 125 years (from 2008) with grounds rents which are set at £200 pa. All apartments will be sold to include the furniture.
Leeds City Council - Council Tax Band C
Service Charge: £788.60
Ground Rent: £200
Current Rent: £800 pcm
AST end date: 14/08/23
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