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1 bedroom apartment for sale

Elmwood Lane, Leeds

£1,300,000

Property Description

Key features

  • FANTASTIC INVESTMENT
  • 10 UNITS
  • ONE AND TWO BEDROOM APARMTENTS
  • FANTASTIC YIELDS
  • WALKING DISTANCE TO UNIVERSITIES
  • 10 MINUTE WALK TO TRAIN STATION
  • MINIMUM 6% YIELD

Full description

**********EXCITING INVESTMENT OPPORTUNITY ********** to purchase a portfolio of 10 UNITS in ASPECT 14. The portfolio consists of 6, one bedroom, one bathroom and 4, two bedroom, two bathroom apartments. A large amount of investment, rejuvenation and growth has seen Leeds brought to life with exciting new shopping centres, historical Victorian arcades, pedestrianised high streets, various exciting eateries and a lively night scene which continues to grow making Leeds a sound investment and fabulous place to live. Aspect 14 has all that Leeds City Centre has to offer on its doorstep appealing to both students and professionals alike. It is a purpose built secure, residential gated development with caretaker service, fob entry system and lift access to apartments. Minimum Gross Yields of 6.0%. EPC's available on file. For further information on this increasingly popular development contact the office on 0113 2370000!!

Tenure - Leasehold 999 years from 1st January 2003
Service Charge - £875.00 per annum average cost. Cost does vary.
Ground Rent - £150.00 per annum

There are a variety of apartments available within the portfolio ranging from 497 square foot to 766 square foot with gross yields up to 8.1%. The Leeds City Centre rentals market is soaring with a steady increase in rental prices. All the apartments are currently tenanted with rent increases forecast for some apartments on re-let. Aspect 14 is an extremely popular development due to its locality and we have many enquiries requesting only this development therefore a great investment with minimal void periods. Contact Parklane for further information.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
04 June 2015

Floorplans

Map & Street View

Disclaimer - Property reference 25631339. 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 Parklane, Leeds. 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.

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