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Studio apartment for sale

Manor Mills, Ingram Street, Leeds

Sold by Us £110,000

Property Description

Key features

  • LOTS OF NATURAL LIGHT
  • VERY POPULAR DEVELOPMENT FOR RENTALS
  • CLOSE TO TRAIN STATION
  • BUILT IN WARDROBES
  • CONCIERGE SERVICE
  • LOCATED IN THE SOUTHBANK AREA
  • CURRENT RENT: 625PCM. ERV RENT: 650PCM
  • 999 YEAR LEASE
  • LOW SERVICE CHARGE

Full description

Tenure: Leasehold

WHY INVEST IN LEEDS? The Leeds economy is diverse, robust and worth £18 billion, a growth rate of almost 40% in the last decade. Leeds has a vibrant cultural, excellent connectivity, outstanding value and a world leading approach in emerging and high growth sectors, To put it simply, Leeds is a compelling proposition for stable, long-term growth.

A PLACE TO WORK

Leeds is home to over 25,000 businesses and has the highest ratio of private to public sector jobs of all major UK cities. Over 30 national and international banks are based bith here and in the wider region. Many
firms have national/global headquarter operations, including first direct, KPMG, HSBC, DLA Piper, Bank of Scotland and Yorkshire Bank.

A PLACE TO LEARN
The Leeds City Region has 14 further education colleges, nine higher education institutions and well respected colleges of art, design and music. The innovation potential from highly-skilled graduates is virtually limitless here, with one of the highest concentrations of universities in Europe.

A PLACE TO LEARN
Leeds has long been known as a mecca for shopping. The City Centre alone boasts over 1,000 stores, small boutiques and high-end luxury brands. If shopping isn't your thing, Leeds has a burgeoning restaurant
scene to suit a variety of tastes from street food to Michelin star dinning. 

THE SOUTHBANK PROJECT The regeneration of the South Bank area of Leeds will be the biggest change the city has seen in more than a hundred years. Aiming to double the size of Leeds city centre by transforming South Bank into a distinctive European destination for investment, living, learning, creativity and leisure. South Bank refers to a number of investments and proposed activities aimed at regenerating 185 hectares of land that lies south of the River Aire in Leeds. The regeneration will be one of the largest city centre regeneration initiatives in Europe. The scheme will provide over 35,000 jobs and over 4,000 homes, capturing the growth of Leeds city centre for the coming decades. 

MANOR MILLS - THE PLACE TO LIVE This is a spacious and well presented, open plan contemporary apartment, located on the 1st floor of a very popular development. The open plan living area offers a white high gloss kitchen, with built-in appliances, including oven, hob, fridge and mini dishwasher. The lounge/diner has large windows, which flood the room with light. Off the lounge is a contemporary house bathroom and good size double bedroom, complete with built-in wardrobes.  

THE DEVELOPMENT Manor Mills is a very popular development with city dwellers, primarily because of its easy access into and out of the city centre. It is a large and sprawling development, with most apartments having large windows, spacious interiors and balconies. Ideally positioned for easy access into and out of the city, with the main motorways to the north and south, being a short drive away.  

LOUNGE / DINING ROOM The open plan living area is a great size. There is ample space for lounging as well as dining, and the whole area is virtually white, again adding to the feeling of space.  

KITCHEN Being part of the open plan living space, the kitchen is white high gloss, with matching white tops. There are built-in appliances, including stainless steel oven, hob, fridge with freezer box and mini dishwasher.  

BEDROOM The bedroom, partitioned away from the lounge, sits opposite a bank of built-in wardrobes 

BATHROOM The house bathroom is lovely and bright with feature mosaic tiling to most walls. It is a great size and incorporates a white 3 piece suite, with thermostatically controlled shower, huge wall mirror and heated towel rail.  

THE BRIGHT FUTURE OF LEEDS The Leeds city region incorporates ten local authorities and the cities of Leeds, Bradford, Wakefield and York. A base for over 109,000 companies who generate 5% of England's total economic output of £60.5 billion. This area is an emerging global economic powerhouse. The Leeds city region is the largest outside of London, core contributors to the regions economic growth is the £13 billion financial and professional
services sectors in addition to the £7 billion manufacturing sector. During the last global recession the economy of the region grew by 40%, the main contributing factor to this growth is the diversity of the regions
economy. The region has thousands of companies in varying sectors providing a dynamic yet secure future for the region. 

PARTICULARS Service Charge Estimated At (£PA) £853
Ground Rent (£PA) £370.39
988 years remaining on the lease

Currently rented at £625pcm
ERV is £650pcm

Current Gross Yield: 6.81%
ERV Optimised Gross Yield: 7.09% 


Listing History

Added on Rightmove:
10 May 2018

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