Ash Tree Apartments

Pure Investor is delighted to bring to the market this one-bedroom, first-floor apartment for sale in a new development located in Leeds. Ashtree Apartments is the ideal investment opportunity as it is less than 10 minutes from Leeds city centre, which has seen growing tenant demand throughout the past number of years, great yields, and incredible capital growth.

The property comprises of; a communal entrance, open plan lounge/kitchen/diner, one double bedroom, a modern three-piece family bathroom and parking.

Situated off the main York Road, Ashtree Apartments lies on the A64 corridor on the Eastern edge of Leeds. This convenient location means all the city's attractions and amenities are just a short walk away. This excellent location will encourage a mixed tenant demographic and high demand. The development also benefits from being close to recreational and suburban parks. With easy access to the A64 (M)York Road and just two miles from Leeds railway station, the location of this development means travel to the other major cities and destinations is effortless.

Investment Information
- Asking price: £115,000
- Current rental income: £750pcm
- Gross yield: 7.8%
- Service charges: £1,800pa approx
- Ground rent: £250pa approx
- Net yield: 6.0%
- Length of lease: 245 years remaining
- Being sold with the current tenant in situ

Ash Tree Apartments - Key Points

Location

Leeds, United Kingdom