Studio flat for sale

Commercial Road, Leeds, West Yorkshire, LS5

Sold STC £94,950

Property Description

Key features

  • Brand new apartments
  • Parking included
  • Net yields up to 6.84%
  • Ideally located for tenants with ample amenities in the area
  • Located under 10 minutes form Leeds City Centre
  • 250 Year Lease

Full description

Smart Investment & Management are pleased to offer these fantastic studio and one bedroom apartments in the heart of Kirkstall, just on the outskirts of Leeds City Centre. Prices start at only 95,000 and have the right to use the on site parking spaces and the development is ideally located for access to Kirkstall Bridge Shopping Park and Cardigan Fields.

Kirkstall Gate is currently being redeveloped and makes a perfect buy to let investment, offering initial yields up to 7%. Based on current market conditions, we anticipate that the rents will range from 575 - 650 PCM subject to the unit style and size.

The lease for each flat will be 250 years with an annual ground rent of 250. Service charges vary on the flats, ranging from 500 to 700 per annum, calculated on the size of the properties.

Kirkstall Gate is on the door step of the new Kirkstall Bridge Development and Cardigan Fields. As a result, the site benefits from numerous local amenities such as, Morrison's, Aldi, M&S, Vue Cinema, Virgin Active and many more. The development is ideally located for young professionals and students with a short 10 minute commute into the City and to the universities.

Kirkstall Gate is ideally located for those who wish to live on the outskirts of Leeds City Centre, but still have the convenience of City Living right at their door step. Kirkstall Gate is located just a 10 minute drive from Leeds City Centre and benefits from being on one of the main bus routes into the Leeds every 15 minutes.

Kirkstall Road leads directly into the heart of Leeds City Centre. Coming in form the west of the City means Kirkstall Gate benefits from leading straight towards the train station and the financial district of the City where many major employers are based, such as KPMG, Ernst & Young, Lloyds Banking Group, Asda, PwC and Direct Line.

Leeds has been named the finance capital of the North and with the Cities expansion, there is an increasing demand for residential property so we anticipate that Kirkstall Gate will be a prime development with a high demand from tenants.


Listing History

Added on Rightmove:
28 July 2017

Nearest stations

  • Headingley (0.6 mi)
  • Kirkstall Forge (0.6 mi)
  • Burley Park (1.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Smart Investment & Management, Leeds

2 High Court Leeds LS2 7ES

0113 451 2978 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Headingley (0.6 mi)
  • Kirkstall Forge (0.6 mi)
  • Burley Park (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Smart Investment & Management, Leeds

2 High Court Leeds LS2 7ES

0113 451 2978 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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