Property Description

Choices Investments have agreed an exclusive price on a high yielding, one bedroom flat in Leeds, 0.3 miles from Leeds University.

The property is currently tenanted at £500pcm with tenants lined up to take occupancy in July 2017 paying £520pcm, increasing the yield to 8.32%.

The lease has 148 years remaining with a ground rent charged of £500pa and service charge at £700pa.

Area Information

Leeds is the second largest city in the UK after London with an economy larger than that of 9 European countries. It is the largest centre outside of London for financial and business services with the city's economy forecast to grow by 25% over the next 10 years.

The city is undergoing a very large regeneration programme that includes £350million to the city's south bank area.

Leeds is due to be part of the new HS2 network which will reduce journey times to London to just one and half hours.

Home to around 60,000 students over four universities, Leeds has one of the countries highest retention of students who decide to continue living in the city when they have concluded their studies.

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The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. You are advised to check the availability of this property before travelling any distance to view. We have taken every precaution to ensure that these details are accurate and not misleading. If there is any point which is of particular importance to you, please contact us and we will provide any information you require. This is advisable, particularly if you intend to travel some distance to view the property. The mention of any appliances and services within these details does not imply that they are in full and efficient working order.