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SOLD STC

Leyland House, Mabgate, Leeds

Fixed Price
£210,000
Added on 25/06/2020
North Property Group Ltd, Leeds
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x2

Key features

  • CLOSE TO SOYO (£300M DEVELOPMENT)
  • HUGE REDEVELOPMENT PLANS FOR THE AREA
  • LARGE APARTMENT
  • MUCH CHEAPER PP SQ FT THAN NEARBY DEVELOPMENTS
  • HIGH SPECIFICATION THROUGHOUT
  • COMPLETED LAST YEAR - NEW BUILD
  • FITTED APPLIANCES
  • VERY FEW UNITS REMAINING
  • EXCELLENT INVESTMENT OPPORTUNITY
  • VIEWINGS AVAILABLE

Property description

Tenure: Leasehold

OVERVIEW The development is situated in the Northern Quarter of Leeds City Centre where a number of developments are currently being built to compete with the growing demand for the area. Mabgate Gateway is not only a relatively new building completed to a fantastic specification, but it is also far cheaper on a pound per square foot basis than the local comparables being built nearby.

Positioned in a strategic location which is enjoying massive investment, Mabgate Gateway is within a 5 minute walk of the new prestigious Victoria Quarter shopping centre, which hosts names such as Harvey Nichols, Paul Smith and Vivienne Westwood as well as being home to the largest John Lewis store outside London.

The Northern Quarter is hugely popular with young professionals, students and the international market. The area has great access to the ring road and Motorways, not to mention a short walk from many of the city centre's biggest employers, university and leisure amenities.

The development is also minutes from the SOYO redevelopment plans (SOuth of YOrk Road) with apartments, bars, restaurants, a hotel and public realm spaces. The Quarry Hill area of Leeds is set to undergo a "game-changing" transformation with a five year redevelopment programme worth in the region of £300m. 

THE SPEC The apartment has been completed to an incredibly high specification, it includes:

- Full height tiling around bath, shower and wet rooms
- Half height tiling around WC
- Stylish bathrooms suites with shower trays
- Ladder style polished chrome, or equivalent, heated towel rail - Clean high spec kitchen - Built-in hob, extractor and oven
- Integrated fridge freezer, washer dryer and dishwasher
- Hardwood veneered, solid core entrance door with spy hole
- Hardwood veneered, or equivalent, internal doors throughout
- Brushed stainless steel and chrome ironmongery throughout
- Pendant lights to bedrooms and living areas
- 10 years CML complaint warranty
- Low energy LED downlights in kitchen, hallway and bathrooms
- Intercom entry system to each apartment
- Sliding wardrobes in the bedrooms
- Flooring provided to kitchen and wet areas
- On site bike storage  

HIGH DEMAND Would be an ideal purchase for an OWNER OCCUPIER or FIRST TIME BUYER as there is no chain and is vacant. There are a number of FIRST TIME BUYERS in the block already and we anticipate this creating a real sense of community within the project.  

CONSUMABLES Would rent at £1100pcm / £13,200pa

Gross Yield of 6.3%

Service Charge: £1,328pa

Ground Rent: £250pa

Net Yield: 5.5% 

Leyland House, Mabgate, Leeds

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leeds Station0.7 miles
  • Burley Park Station2.0 miles
  • Headingley Station2.8 miles
Mortgages
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About the agent

North Property Group Ltd, Leeds

North Property Group, One Brewery Wharf, Leeds, West Yorkshire, LS10 1GX

North Property Group Ltd, Leeds
About North Property Group

North Property Group has fast become one of the leading and most trusted property investment firms in the UK. The company has strong relationships with international property developers and are able to bring the best schemes to market for their clients. The company is trusted by investors across the globe to provide a tailored property investment service and in a short space of time has become the go to agent for property investments.

Founded by Oli

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Disclaimer - Property reference 102866002825. 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 North Property Group Ltd, 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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