Flat for sale in Block A, Leeds, West Yorkshire LS10

Overview

A superb investment opportunity in Leeds city centre. This ground floor 1 bedroom apartment is currently generating £825 pcm with scope for potential growth. Victoria Riverside is an outstanding mill conversion offering very high ceilings and character features like the large, arched windows.

The flat briefly comprises of an entrance hallway with a storage cupboard (which is always useful). A well proportioned bathroom with a large over bath shower. A good sized double bedroom with ample natural light. And an open plan living, kitchen diner, with fitted kitchen appliances and more great sized windows and high ceilings.

Ground Rent is £275 per annum and Service Charge is £750. This is currently producing a net yield of just over 5.5%.

This apartment is ideally located with easy access to the M621 for commuting and a short 10 minute walk to Leeds Dock or just a little further to Crown Point Shopping Park. The development is right on the river Aire giving access to walks along the river and quick access to the canal tow paths for walking/running/cycling.

Leasehold Information

Number of years remaining on the lease: 117 years

Current ground rent and any review period:
- £275
- 5 years

Current service charge and any review period:
- £750
Council tax band: A