ONE BEDROOM APARTMENT IN MODERN DEVELOPMENT OVERLOOKING ROOF GARDEN, SITUATED WITHIN CLOSE PROXIMITY OF LEEDS CENTRAL SHOPPING AREA, VICTORIA GATE AND LEEDS ARENA. Located on 2nd floor, currently tenanted until 4th April 2026, therefore appealing to the investor market. Rental income of £800PCM - gross annual returns of 8%. Popular with renters with minimal void periods due to proximity to Universities, hospitals and city centre. Briefly comprising of: open plan living space with fantastic floor to ceiling windows, one of which is a Juliette balcony overlooking roof garden, white gloss kitchen cabinetry with oven, hob and fridge with separate utility cupboard housing washing machine and hot water cylinder, the double bedroom also has full height, floor to ceiling widows offering fantastic light into the space, a separate shower room completes the neutrally decorated apartment, Victoria House is a modern complex completed in 2018 located in an area with a lot of regeneration happening, ideal time to snap up a well priced apartment as the City expands. Within short walking distance to the main shopping district to department stores such as Victoria Gate and a conveniently located Aldi on your doorstep within a small retail outlet which also houses a gym and various other shops. Easy access to inner Ring Road linking to M621/M62 and M1 as well as close distance to St James Hospital, LGI and Universities. EPC rating: B Council tax band: B
Leasehold And Charges - Length of lease and years remaining: 250 years from Jan 2015 - 241 years remaining Annual Service Charge: £350 per quarter/£1400 PA Annual Ground Rent: £513 PA. Reviewed annually linked to RPI. Council tax band: B£1598.80 EPC: B
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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