1 bed Apartment, Elmwood Lane, Leeds, £1,300,000.00

Elmwood Lane, City Centre - LS2 8WG

£1,300,000

1 1

Property Details

**********EXCITING INVESTMENT OPPORTUNITY ********** to purchase a portfolio of 10 UNITS in ASPECT 14. The portfolio consists of 6, one bedroom, one bathroom and 4, two bedroom, two bathroom apartments. A large amount of investment, rejuvenation and growth has seen Leeds brought to life with exciting new shopping centres, historical Victorian arcades, pedestrianised high streets, various exciting eateries and a lively night scene which continues to grow making Leeds a sound investment and fabulous place to live. Aspect 14 has all that Leeds City Centre has to offer on its doorstep appealing to both students and professionals alike. It is a purpose built secure, residential gated development with caretaker service, fob entry system and lift access to apartments. Minimum Gross Yields of 6.0%. EPC's available on file. For further information on this increasingly popular development contact the office on 0113 2370000!!

  • MINIMUM 6% YIELD
  • 10 MINUTE WALK TO TRAIN STATION
  • WALKING DISTANCE TO UNIVERSITIES
  • FANTASTIC YIELDS
  • ONE AND TWO BEDROOM APARMTENTS
  • 10 UNITS
  • FANTASTIC INVESTMENT
  • 1 Bedroom
  • 1 Bathroom
Price: £1,300,000   
More Property Specifics
Location of Elmwood Lane, City Centre on a map

PROPERTY SPECIFICS

Tenure - Leasehold 999 years from 1st January 2003
Service Charge - £875.00 per annum average cost. Cost does vary.
Ground Rent - £150.00 per annum

There are a variety of apartments available within the portfolio ranging from 497 square foot to 766 square foot with gross yields up to 8.1%. The Leeds City Centre rentals market is soaring with a steady increase in rental prices. All the apartments are currently tenanted with rent increases forecast for some apartments on re-let. Aspect 14 is an extremely popular development due to its locality and we have many enquiries requesting only this development therefore a great investment with minimal void periods. Contact Parklane for further information.