Boston Exchange 83 Cardigan Lane, Boston Exchange, Leeds, LS4 2AJ

£9,400,000

Size

1,498

Tenure

Freehold

EPC

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Parking

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Primary use
Residential development
Other use(s)
Other

No floor / site plan

Key features

  • Rare opportunity to acquire two recently constructed and income producing freehold residential investments in north Leeds
  • 12 houses comprising 4 five beds and 8 six beds
  • Unbroken block of 22 self contained apartments comprising 18 studios and 4 one beds
  • Constructed to a high standard and specifically designed for students and young professionals
  • Fully let for 2018/19
  • 34 lettings on Assured Shorthold Tenancies
  • Projected 2018/19 gross annual rental income circa £611,856
  • Circa £16,000 increase on 2017/18 gross annual rental income
  • Attractive location for both students and young professionals in close proximity to Universities
  • Leeds City Centre and Headingley town centre as well as Burley Park and Headingley train stations

Description

Description
83 Cardigan Lane comprises a block of 18 studio and 4 one bed apartments plus car parking constructed in 2016. All of the apartments are let on Assured Shorthold Tenancies.

Located to the west of Cardigan Lane, 83 Cardigan Lane is close to Burley Park and Burley Park Train Station. The surrounding area is predominantly residential with local amenities including The Co-op and Sainsbury's (both within 400 m).

Boston Exchange comprises 12 HMO licensed five and six bedroom houses all let on Assured Shorthold Tenancies, with car parking, private gardens and a woodland area to the south.

Located to the west of St Ann’s Lane and south of St Ann’s Close, Boston Exchange is close to both Burley Park and Headingley Train Stations. Again, the surrounding area is predominantly residential, with Headingley Stadium, Yorkshire County Cricket Club, Kirkstall Leisure Centre and Morrisons all within a short walk.
Both of the properties are a circa 20 minute walk from the retail and leisure centre of Headingley, The University of Leeds and Leeds Beckett University’s City Centre and Headingley Campus’. Leeds City Centre is a short bus or train journey from both properties, where direct rail links are available to London (circa 2 hours), as well as Manchester, Newcastle, York, Edinburgh, Sheffield, Hull and a number of other major town and cities.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
1
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Boston Exchange 83 Cardigan Lane, Boston Exchange, Leeds, LS4 2AJ

NEAREST STATIONS

National Rail

Headingley Station

0.3 miles

National Rail

Burley Park Station

0.51 miles

National Rail

Kirkstall Forge Station

1.47 miles

About BNP Paribas Real Estate Advisory & Property Management UK Limited, Sheffield

BNP Paribas Real Estate Advisory & Property Management UK Limited, Sheffield

BNP Paribas Real Estate is a leading international property advisor, providing a full range of services across the entire property lifecycle. With almost 4,000 employees across 23 countries, we combine local expertise with the global strength of the BNP Paribas Group. We offer specialist advice and support in transactions, consultancy, valuation, property management, investment management and property development. Our team works closely with landlords, occupiers, investors, and communities to deliver tailored solutions.

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Disclaimer - Property reference 69792-1. 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 BNP Paribas Real Estate Advisory & Property Management UK Limited, Sheffield. 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.