Mertensia House, 77a Mabgate, Leeds, West Yorkshire, LS9
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Close to public transport
- Fully Furnished
- Shops and amenities nearby
- Northern Quarter
- Telephone intercom
Description
6.51% Net Yield.
Available to investors only, as a new tenancy agreement has recently been signed and the property must be purchased with the tenant in situ. The property is currently achieving £700 PCM, having previously achieved £750 PCM, providing an established rental income from completion.
Well positioned within the vibrant Northern Quarter, this one-bedroom furnished apartment offers excellent access to Leeds Inner Ring Road, the university campuses, St James's Hospital and a wide range of local amenities. The apartment itself is bright and spacious, comprising an entrance hall with intercom entry system, an open-plan living kitchen with laminate flooring and electric panel heating, a fitted kitchen with a range of wall and base units and integrated appliances, a generous double bedroom with built-in storage, and a modern shower room fitted with a shower cubicle, WC and wash hand basin.
The development benefits from a secure communal entrance with mailboxes, lift access and stairwell serving all floors.
Lease Information:
Leasehold
189-year lease from 2004, leaving approximately 167 years remaining.
The service charge is approximately £3,190 per annum, which will be confirmed by solicitors through the management information pack. The lease has been extended and benefits from a peppercorn ground rent.
Council Tax Band A.
Special Note: The vendor of this property is an employee and/or connected party of Cherry Picked Properties.
Disclaimer:
These particulars do not constitute or form part of an offer or contract and should not be relied upon as statements or representations of fact. All measurements are approximate and for guidance only. References to appliances, services or equipment do not imply that they are in working order or fit for purpose. Prospective purchasers should satisfy themselves through their own inspections and enquiries, including verification of tenure, fixtures and fittings, planning permissions, building regulations and any other matters via their solicitor.
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mertensia House, 77a Mabgate, Leeds, West Yorkshire, LS9
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Visit our security centre to find out moreDisclaimer - Property reference 1625. 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 Cherry Picked Properties, Heald Green. 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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