**********exciting investment opportunity ********** to purchase a portfolio of 11 units in aspect 14. The portfolio consists of 6, one bedroom, one bathroom and 5, 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 Parklane on !
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.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||0.5%||£180,000||3||1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£145,750 (2)||£140,000 (1)||£180,000 (1)||£185,000 (1)||-|
|Flats||£123,032 (92)||£174,925 (44)||£210,000 (13)||£226,667 (3)||-|
|All||£123,515 (94)||£174,149 (45)||£207,857 (14)||£216,250 (4)||-|