Sales Listing – 147 Echo Central One, Echo City, LS9 8FL Price £105,000
11th Floor One Bedroom Apartment with Juliet Balcony & Allocated Secure Parking
Fantastic Investment Purchase 9.7% yield with potential for rental growth No chain EPC – Rated ‘B’ Council Tax – Band ‘A’ Leasehold – 137 years remaining of a 155 year lease Service Charge £1,332 per year including Buildings Insurance Ground Rent £200 Tenants in situ via AST to July 2026
This One Bedroom apartment has had a solid rental history for over a decade and current tenants recently commenced their 3rd year with renewal not due until July 2026. The Building has completed its Safety Reviews and completed adaptations as required. Low service charges and annual ground rent means it ticks lots of boxes for new or savvy investors.
Located Leeds City Centre East, only 10 minutes walk to Leeds Playhouse, Northern Ballet, Bus Station & Corn Exchange. Further 10 minutes walk is Leeds City Train Station, Shopping & Entertainment and neighbouring Civic, Legal and Business districts. On the doorstep of great road links for M1, M621, Inner Ring Road its ideal for car users to be on the move to all points on the compass.
Accessed vie the Ground floor entrance and lift to the 11th floor. Front door opens to a hallway with Bathroom (Large Shower Cabin, WC and basin) ; Bedroom with Double bed, wardrobe and drawers, Glass window with privacy blinds to the living area. The small living area has full kitchen with large fridge-freezer, kitchen worksurface with under/over counter storage, hob, oven, extractor and kitchen basin. Sofa and Juliet balcony opening-up allowing plenty of light and fresh air. Mainly downlighting throughout, wall heating, hot water cylinder and washer-dryer are located in the utility cupboard in the hallway.
The allocated parking space is accessed via coded entrance activating rising shutters. The space is located next to the door for easy lift access directly to the 11th floor. One floor above parking is the main entrance with fob access & mailboxes.
When enquiring about this property, please ask for Joe who is managing the sale.
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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