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Echo Central Two

PROPERTY TYPE

Apartment

BATHROOMS

1

SIZE

301 sq ft

28 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investment Opportunity
  • 7.26% gross yield - current rent £575 pcm
  • Fixed term tenancy in place until April 2024
  • Sold furnished
  • Lease term: 150 years from 2007
  • Council tax band A
  • EWS1 Compliant - B1 rating
  • Third floor apartment
  • Balcony
  • Total area: 28m2 / 301 sq.ft

Description

Great studio apartment at Echo Central Two, just a few minutes walk from the main shopping areas of Leeds City Centre. The apartment is situated on the third floor and is available to purchase as an ongoing investment. Current gross yield of 7.26%. Sold furnished. 

INVESTMENT INFORMATION The property is sold with a tenant in situ. The tenancy term is fixed until 6th April 2024.
Current rent £575 pcm
The property is rented furnished and will be included in the sale, an inventory is available on request,  

LEASEHOLD INFORMATION Lease term: 150 years from 1st January 2007
Ground rent £335.98 pa (reviewed every 10 years at RPI next review 2027)
Service charge for 2023 £716.10 pa (includes building insurance)

The development has a valid EWS1 certificate with a B1 rating.

 

THE APARTMENT The property comprises; entrance hallway with storage cupboard housing the hot water cylinder and washing machine. Opening into the open plan living area. Wood laminate flooring throughout and sliding patio doors lead to the balcony.

Open plan Kitchen with a range of fitted modern units, integrated appliances include; electric oven, hob and fridge with freezer compartment. The property currently has a sofa bed but has plenty of space if a tenant wanted to bring their own bed.

The shower room is partly tiled with thermostatic shower, hand basin, w.c. and chrome heated towel rail.  

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Echo Central Two

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leeds Station0.9 miles
  • Burley Park Station2.6 miles
  • Cottingley Station3.0 miles
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About the agent

Martin & Co, Leeds City

24-28 Bridge End Leeds LS1 4DJ

Martin & Co, Leeds City

Kate Richardson — Director

As well being a very valued and knowledgeable attribute to our Lettings side of the business Kate takes the lead on all sales enquiries for vendors and buyers. Nothing is ever too much trouble for Kate and she will guide you through the process with helpful advice and sound direction. Whether you are looking for an investment opportunity or somewhere to live yourself Kate will be happy to help. If you are thinking of selling then take advantage of our f

More properties from this agent

Industry affiliations

National Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference 100678004552. 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 Martin & Co, Leeds City. 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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