1 Bed Apartment House For Sale Skinner Lane, Leeds, LS7

£119,950- Apartment

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 17th April 2024

Description

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 2025, 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 2015/2016 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
Agent Details
Parklane
12, Swinegate, Leeds, LS1 4AG
Show Contact Number
0113 237 0000

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£115,000
Leeds, LS9
Flat
9.1
£160,000
Leeds, LS9
Terraced
8.7
£115,500
, LS2
Flat
8.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested