This property is no longer on the market
2 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
- IDEAL INVESTMENT
- NO ONWARD CHAIN
- 5.42% YIELD
- TWO BEDROOMS
- GATED DEVELOPMENT
- EN-SUITE
- INVESTORS ONLY
- TENANTED TILL SEPT 2023
ATTENTION ALL INVESTORS: As agents, we are delighted to offer for sale this exceptional two bedroom duplex apartment which also benefits from two bathroom set in the exclusive development of the V2 Mansions. This gated complex is located a few minutes’ drive from Chapel Allerton and just 10 minutes' drive from the popular, vibrant city centre of Leeds. With allocated parking. The suburb of Chapel Allerton provides a great mixture of rural yet city style living, with the perfect balance of amenities, culture, restaurants and bars. On the doorstep of the V2 Mansions development, you also have a good mix of local amenities plus excellent public transport links and good access to both Chapel Allerton and St James’ hospital’s. The development has been done to a high standard and is one not to be missed with accommodation comprising of a spacious entrance hallway, an impressive kitchen/diner, second double bedroom and shower room. There is stairs to the first floor landing with large storage cupboard and principle bedroom with spacious en-suite shower room. The home offers excellent quality fixtures, fittings and modern decoration throughout with the kitchen offering many integral appliances including Dishwasher, Washing machine, Oven/Hob, Fridge and Freezer. Externally, the development has large communal gardens, bike store and secure gated parking. The home is rented out and Expires 3rd September 2023 with a monthly rental income: £925 Annual rental income: £11,100. L&S have advised that the properly could easily achieve monthly rental income of £950-995 at next renewal. This would be a net Yield of 5.42%
Communal Entrance Hallway
From the front of the home you enter into the light and airy communal hallway leading to the private hallway.
Hallway
The spacious hallway gives access to all areas of the home and stairs to the first floor landing.
Living Room/Dining Room
The modern light and airy living space has high ceilings, spotlights and an impressive bay window overlooking the communal gardens. The living room also has electric heating, Tv and telephone points and finished to a high standard with hard wood effect flooring.
Kitchen Area
The kitchen area is open plan with the living/dining room. The kitchen area comprisres of a range base and wall mounted with the kitchen offering many integral appliances including Dishwasher, Washing machine, Oven/Hob, Fridge and Freezer.
Bedroom
The home offers great sized bedrooms and the second bedroom is light and airy with high ceilings and large wodnwo to the rear and electric radiator to the wall.
Shower Room
The modern shower room comprises of low flush wc, wash hand basin, and walk in shower. there is an extractor fan, tiled walls and flooring and towel rail.
Landing
The first floor landing has large storage cupboard and gives access to the principle bedroom.
Bedroom
The principle bedroom has large window to the rear, electric heater and TV point. Access to the en-suite.
En-Suite
The modern en-suite shower room comprises of low flush wc, wash hand basin, and walk in shower. there is an extractor fan, tiled walls and flooring and towel rail.
Outside
Externally, the development has large communal gardens, bike store and secure gated parking.
Marketing Information
The home is leasehold with costs below: Service charge (annual): £1,946* Ground rent (annual): £195 Insurance (annual): £178.73 Total charges: £2,320.08 All charges have been paid for the period 1 Jan 2022 - 31 Dec 2022 and will next be payable in Jan 2023.
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*DISCLAIMER
Property reference LRD220423. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Linley & Simpson - Roundhay.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 12, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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