This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

2 bedroom apartment for sale

X1 AIRE

Withdrawn from Market £125,000

Property Description

Key features

  • 2 BEDROOM APARTMENTS
  • HIGHLY SOUGHT AFTER DEVELOPMENT
  • INVESTMENT OPPORTUNITY
  • PRIME RENTAL MARKET
  • ATTRACTIVE MODERN STYLE
  • CLOSE TO TOWN CENTRE

Full description

Tenure: Leasehold

DESCRIPTION The development is situated right at the edge of Leeds' booming city centre, only a short stroll away from its busy train station. Located on East Street, X1 Aire consists of 147 luxurious one and two bedroom apartments. Next to it lies St Saviour's Church, a beautiful Grade II listed former Sunday school.
X1 Aire truly exceeds today's standards of boutique residential living - besides the high-end, fully-furnished apartments, residents will also be able to enjoy the perks of a private gym and personal on-site management. 

LEEDS With a population of close to 800,000 people, Leeds is the UK's fourth largest city. Thanks to its buoyant economy, particularly regarding financial and business services, Leeds is recognised as the regional capital of the Yorkshire and the Humber area, where the population total is approximately five million.
In terms of what the city has to offer, Leeds is almost unrivalled: Vast, beautiful parks and green land allow for long walks in the countryside, while a variety of museums, theatres and galleries, such as the Royal Armouries Museum, the Leeds Art Gallery, and the Leeds City Museum, culturally enrich the whole area. Shopping centres such as the Victoria Quarter, Corn Exchange, the brand new Trinity Leeds as well as its main shopping street Briggate offer one of the best shopping experiences in the UK.  

PURCHASE PROCESS Speak to Keymove

Choose your perfect apartment and pay the deposit

Both sets of solicitors are instructed, and the legal documents and sales pack sent out to you

25% of the balance is payable upon exchange of contracts

Six months into development, 10% of the balance is due

Remaining balance payable upon completion of the development 

WHAT YOU NEED TO KNOW Am I buying as freehold or leasehold?
999 years leasehold

What is the address of the site?
East Street, Leeds, LS9

Are there tenants already in place?
No, X1 Aire is a new-build development

How much is the ground rent?
Ground rent is £300 per annum

What are the projected annual returns on this project?
6% Assured NET returns

When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion

Is there a management company in place?
Yes, the designated management company will be X1 Lettings, who will block manage and let the building.

Are there any restrictions if I want to sell?
No, X1 Aire is a residential development, so you are free to sell your apartment on the open market.
 


More information from this agent

Listing History

Added on Rightmove:
02 November 2016

Map & Street View

Disclaimer - Property reference 102059002661. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keymove Sales and Lettings, South Bradford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.