1 bedroom flat for sale

North Street Lofts, North Street, LS2

Sold STC £105,950

Property Description

Key features

  • 5 MINUTE WALK FROM THE BRAND NEW JOHN LEWIS
  • 10 YEAR CRL WARRANTY
  • POPULAR LOCATION CLOSE TO MERRION STREET AND VICAR LANE
  • TENANTED FOR 650 PCM WITH A NET YIELD OF 6.42%
  • LEASEHOLD- 125 YEARS

Full description

NORTH STREET LOFTS, 88 NORTH STREET, LS2 7PN

UK City Residential are proud to exclusively bring to market North Street Lofts, a brand new residential development by V1sion Properties on North Street, in Leeds City Centre.

The developers are on site now and expect to have the development works completed by June 2016, which is coincidently when the highly anticipated Victoria Gate retail development is due to complete, just a five minute walk away. Victoria Gate will be home to among many other retailers, John Lewis.

The lease for each flat will be 125 years with an initial annual ground rent payable at 300 per annum. Each apartment comes with the use of an additional storage space.

The development will be suitable for both investors and owner occupiers and we anticipate strong demand from both due to the strength of the rental market in Leeds City Centre and the pricing of the apartments which is very accessible to owner occupiers.

The developers are carefully converting the building and additional space to create 11 one bedroom apartments, with prices from just 105,950.


THE LOCATION:

North Street Lofts is located in Leeds City Centre on North Street, perfectly positioned for city dwellers who wish to enjoy some of the city's top leisure attractions whilst being on the door step of some of the Leeds biggest employers.

The development is less than a 5 minute walk from The Victoria Gate shopping centre which is being developed and due for completion in June 2016 with John Lewis as the main tenant. North Street Loft is also a short walk away from some of the Largest employers in the city, including The Department of Work and Pensions, BBC Yorkshire, Capita, Yorkshire Bank HQ and Lloyds Banking Group.

"Leeds is known as the finance capital of the north and is the largest employer in the finance sector outside of London."

Close by are many of the key employers, leisure and retail amenities in Leeds City Centre including Victoria Gate, Northern Ballet, Leeds City bus station, Lloyds banking group offices, Leeds Becketts University, Leeds University, Yorkshire Bank HQ, The First Direct Arena and many more. (see maps).

The development is also well positioned for the new Leeds City Council HQ which will house all of the main services at Merrion House which is within a 10 minute walk from the development. Merrion House is on Merrion Way, which is also the home of The First Direct Arena and 'The New Front' Merrion Shopping Centre.

North Street and the immediate area is currently enjoying a renaissance with many new bars and restaurants recently opening close by.

NORTHERN QUARTER- THE POPULAR CITY CENTRE LOCATION THAT JUST GETS BETTER:

Leeds City Council are relocating many of their departments to create a one stop centre for all of their main services at Merrion House, increasing employment numbers from 1200 up to 1900 in the location. http://www.leeds.gov.uk/news/pages/Agreement-reached-over-major-Merrion-House-redevelopment.aspx

Victoria Gate shopping centre being developed and due to open in 2016 with John Lewis as the anchor tenant. http://www.victoriagate.co.uk/about/about-victoria-gate/

A brand new retail and leisure development to include a gym and supermarket is planned close by. http://www.insidermedia.com/insider/yorkshire/120279-/

New mixed use development in front of Department of Work and Pensions set to be developed creating further jobs. www.quarryhillleeds.co.uk

Leeds is known as the financial capital of the North and according to the National office of Labour market statistics there are over 111,000 people employed in the bank, finance and insurance sector in Leeds. This makes Leeds the biggest employer in this sector outside of London. http://www.nomisweb.co.uk/reports/lmp/la/2038432043/subreports/abi_compared/report.aspx?allInGB=yes&pivot=7&&sort=1&ascending=

FOR FURTHER INFORMATION PLEASE HAVE A LOOK AT THE VIRTUAL TOUR AND OUR PDF BROCHURE.

More information from this agent

Listing History

Added on Rightmove:
09 September 2016

Nearest stations

  • Leeds (0.6 mi)
  • Burley Park (1.8 mi)
  • Headingley (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

UK City Residential , Leeds

2 High Court Leeds LS2 7ES

0113 451 3069 Local call rate

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

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Map & Street View

Nearest stations

  • Leeds (0.6 mi)
  • Burley Park (1.8 mi)
  • Headingley (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

UK City Residential , Leeds

2 High Court Leeds LS2 7ES

0113 451 3069 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.

Disclaimer - Property reference NSL3. 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 UK City Residential , 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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