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SOLD STC

Pearl Chambers

£315,000
Added on 01/07/2020
North Property Group Ltd, Leeds
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x2
SIZE
825 sq. ft.
(77 sq. m.)

Key features

  • COMPLETED DEVELOPMENT
  • EXCELLENT LOCATION
  • CLOSE TO LEEDS TRAIN STATION
  • YIELDS OF UP TO 7.44%
  • PROVEN RENTAL DEMAND
  • HIGH SPECIFICATION
  • GRADE II LISTED BUILDING
  • TENANTS ALREADY LIVING IN THE BUILDING
  • SITUATED IN LS1
  • CLEAR TENANT DEMOGRAPHIC

Property description

Tenure: Leasehold

PEARL CHAMBERS Pearl Chambers is an intimate retreat amidst the excitement of central Leeds - a tranquil escape from the bustling city that sits at your doorstep. Well positioned within the central business district, you're just a few minutes' walk from Leeds City Station, Leeds University, the city's major shopping centres and countless bars and restaurants.

The location simply cannot be beaten; this is the most central location in the whole of Leeds City Centre and offers an easy stroll to the University, The Headrow and The Light. 

SPECIFICATION Pearl Chambers offers an unmatched collection exceptionally well-appointed and high specification apartments. Every aspect of which has been carefully considered to ensure the apartments are original in style, generous in proportion and unrivalled in quality. Even the smallest details have been meticulously reviewed to ensure maximum comfort and enjoyment.

All interior walls are painted in white emulsion, with smooth finish ceilings in white, and all woodwork, including the torus-moulded skirting boards and architraves, are painted satin white. The doors are oak, with chrome lever handles. The staircases detailing, including the handrails and modern lighting, have all been chosen to offer you the latest in contemporary living. The bathroom suites have been selected from the luxury range, with vanity units to complement the basins where the layout allows. Lever operated chrome mixer taps have been chosen for their elegant combination of convenience and style, and toilets are fitted with soft-close seats.

The showers incorporate low-profile trays, concealed mixer valve and clear glass wetroom panels or shower doors, and there are shaver sockets in both the bathrooms and en-suites. Luxury ceramic tiling extends to full height on all walls, with feature LED lighting for elegance whilst still reducing your energy consumption. Heated towel rails have been added to bathrooms and principal en-suites. 

KITCHEN All of the kitchens feature frontal-framed units and high-quality quartz worktops backed, where the layout allows it, by a matching upstand to the wall. They all include stainless steel one-and-a-half bowl sinks fitted with contemporary mixer taps, and the kitchen is lit by energy-saving LED downlighter giving you maximum lighting exactly where you need it.

In the contemporary kitchen styles, the appliances include either a stainless steel built-in double oven and an induction hob. Both options are complemented by a stylish stainless steel chimney hood. There is an integrated dishwasher and an integrated washing machine into every kitchen. 

CONSUMABLES This property will rent at £1,600pcm which gives you a huge gross yield of 6.1% and a net yield of 5.16%. This is a tier 1 location and as result it is a safe bet for investment and capital growth. The development is also completed so there is no construction/build risk and the scheme has a number of tenants already in situ. Combine that with a high yield and instant returns and it's clear to see that this opportunity is a no-brainer. Another point to note is that the Ground Rent is just 0.1% of the Asking Price and is reviewed every 10 years in line with RPI - this is the best possible Ground Rent term you could ask for! 

Pearl Chambers

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leeds Station0.4 miles
  • Burley Park Station1.5 miles
  • Headingley Station2.2 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 102866002829. 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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