Pearl Chambers, East Parade, LS1

*** INVESTMENT OPPORTUNITY *** ONE BEDROOM APARTMENT IN LS1 *** Stoneacre Properties are pleased to offer for sale this fantastic one bedroom apartment located in Leeds City Centre. The apartment is currently let until 11th May 2021 at £795 PCM making it a ready made investment. The property is located in the recently converted Pearl Chambers in LS1, a stones throw from the fantastic shops, restaurants and bars Leeds has to offer and approximately 5 minutes from Leeds train station. The apartment offers spacious accommodation, comprising of an entrance hall, kitchen / lounge/ diner, master bedroom and house bathroom. Viewing is highly recommended to appreciate this luxury apartment.

Communal Entrance - Grand communal entrance with lift and stair access to all floors.

Entrance Hall - Wood strip laminate flooring and intercom phone.

Kitchen / Lounge / Diner - Kitchen comprising of modern grey gloss wall and base units, four ring electric hob, oven, extractor, stainless steel sink and under counter fridge. The room benefits from large double glazed windows, wood strip laminate flooring and wall mounted electric heaters.

Bedroom - Wood strip laminate flooring, double glazed windows and wall mounted electric heater.

Bathroom - Fully tiled bathroom suite comprising of a bath with shower over, wash hand basin, W.C and chrome-heated towel rail.

Lease - We are advised by the vendor that the property is leasehold with a term of 119 years remaining. The current service charge is approximately £1,328.54 Per annum and the ground rent is £150.00 Per annum, A buyer is advised to obtain verification from their solicitor or legal advisor.

Tenancy - The property is currently let at £795 PCM until May 2021 providing a gross yield of 5.78% and net yield of 4.89%

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Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-
The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.