Studio for sale
Key information
Property description & features
- Tenure: Leasehold (138 years remaining)
- Luxury Studio Apartment
- Purpose Built Student Accommodation
- Kitchen and En-suite
- Excellent Communal Facilities
- On-site Secure Parking
- Rented until July 23
- Gross Net Yield - 11.9%
- Excellent Leeds Location
HOP are delighted to bring to the market this modern high spec studio apartment in purpose built Student Accommodation in Leeds. Situated in an excellent position, close to the City Centre and adjacent to the greenery of Lovell Park, these well maintained apartments are a popular choice with Leeds students.
Currently rented on a 45 week contract until 12/7/23 at £133 per week, giving a gross net yield of 11.9%. Apartments are available to be rented for 45 weeks or 51 weeks through the year.
Management Fee is 11% plus VAT and there is a tenant find fee of £250 plus VAT
The apartment offers cleverly configured space for the modern tenant to benefit from independence and privacy. Entering into a contemporary kitchen area which boasts electric hob, sink and drainer, fridge, microwave and ample cupboard space. The property then opens into the bedroom/living space, home to a double bed, TV, desk and wardrobe. The large window allows light to flood the room giving a light and airy feel. There is a modern en-suite bathroom which includes a wash basin, WC and walk in shower cubicle.
This popular development offers well maintained communal areas and also benefits from: wifi, on-site maintenance, bike storage, laundry room, games room, vending machine, CCTV, secure entry system and car parking.
Service Charge based on 2021 -22 figures - £1,240.05 pa
Ground Rent - £350 pa
HOP is a multi award winning Estate Agency. Creating happy homes is very much at the heart of our business. Whether it’s a home to buy, sell or rent, homes are very much where our heart is.
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Property reference 6d4684a3-3f2e-43f2-b483-144170433efc. 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 HOP - Horsforth.
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Broadband availability and predicted speed: obtained from Ofcom on August 5, 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
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Mobile phone signal availability and predicted strength
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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