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Upper Basinghall Street, Leeds

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

6

SIZE

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

Freehold

Screenshot 2024-07-22 100410.jpg
1

Key features

  • Managed serviced apartment block
  • 10% NET Return
  • Fully turnkey
  • 6 x 1 Bedroom properties
  • LS1 Location
  • All furnishings included

Description

Exciting turnkey investment opportunity to acquire an LS1 Freehold property which consists of 6 x 1 bedroom apartments, finished to boutique hotel standard and providing a managed income of of net £160,000. Utilised as serviced apartments these properties come complete with furnishings.

Monroe Commercial are exclusively instructed to bring to market this freehold managed block of apartments which returns 10% NET PA to the investor.

Reasons to buy:

Turnkey Holiday Apartments in a Historic Building and in a premium location

10% net yield based on 67% occupancy - leaving you ample time for owners usage

LS1 Postcode

In the heart of Leeds City Centre - a very prestigious location

Fully Managed service by Maison Parfaite Management LTD

Unlike a buy to let portfolio, these properties will be serviced multiple times per month by the cleaning and maintenance team, ensuring they stay in wonderful condition

Your own concierge for owner bookings

Access to bookable extras such as private chef dining, butler, driver, mixologists, housekeepers, whatever you would like your concierge will arrange for your owners stay

Good capital appreciation in this high-end location



Brochures

Upper Basinghall Street, LeedsBrochure
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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Energy performance certificate - ask agent

Upper Basinghall Street, Leeds

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About Monroe Estate Agents, Alwoodley

716 King Lane, Alwoodley, Leeds, LS17 7BA
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Our Alwoodley office is based at: 716 King Lane, Alwoodley, Leeds, LS17 7BA.

Monroe are a specialist estate agent for sellers of the finest homes. Our team of experts have over 20 years of experience in property.

We pride ourselves on:

A personal service tailored to your needs

Bespoke marketing

High levels of professionalism

You can always expect the best in personal service from start to finish. We want to make sure that every part of the process, whether it is buying or selling a home, is easy and stress free.

Our knowledge of the market and the area of North Leeds is second to none and our creative, bespoke marketing for each property ensures you can sell quickly while achieving the best possible price.

We would love the opportunity to visit your home and provide you with an overview of the current market and take time to go through how our personal service can help you move, achieving the best possible price and outcome for you.

We work flexible working hours around each individual's requirements and needs.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£7,469
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 33249283. 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 Monroe Estate Agents, Alwoodley. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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