No longer on the market
This property is no longer on the market
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Map2 bedroom apartment
Apartment
2 beds
3 baths
Key information
Features and description
- Duplex apartment
- Great location for future capital growth
- Currently tenanted
- Investor ready
- High rental demand
- Huge redevelopment plans for the area
- Large apartment
- Fitted appliances
- Excellent investment opportunity
Video tours
MABGATE GATEWAY The development is situated in the Northern Quarter of Leeds City Centre where a number of developments are currently being built to compete with the growing demand for the area. Mabgate Gateway is not only a relatively new building completed to a fantastic specification, but it is also far cheaper on a pound per square foot basis than the local comparables being built nearby.
Positioned in a strategic location which is enjoying massive investment, Mabgate Gateway is within a 5 minute walk of the new prestigious Victoria Quarter shopping centre, which hosts names such as Harvey Nichols, Paul Smith and Vivienne Westwood as well as being home to the largest John Lewis store outside London.
The Northern Quarter is hugely popular with young professionals, students and the international market. The area has great access to the ring road and Motorways, not to mention a short walk from many of the city centre's biggest employers, university and leisure amenities.
The development is also minutes from the SOYO redevelopment plans (SOuth of YOrk Road) with apartments, bars, restaurants, a hotel and public realm spaces. The Quarry Hill area of Leeds is set to undergo a "game-changing" transformation with a five year redevelopment programme worth in the region of £300m.
THE SPEC The apartment has been completed to an incredibly high specification, it includes:
• Full height tiling around bath, shower and wet rooms
• Half height tiling around WC
• Stylish bathrooms suites with shower trays
• Ladder style polished chrome, or equivalent, heated towel rail • Clean high spec kitchen • Built-in hob, extractor and oven
• Integrated fridge freezer, washer dryer and dishwasher
• Hardwood veneered, solid core entrance door with spy hole
• Hardwood veneered, or equivalent, internal doors throughout
• Brushed stainless steel and chrome ironmongery throughout
• Pendant lights to bedrooms and living areas
• 10 years CML complaint warranty
• Low energy LED downlights in kitchen, hallway and bathrooms
• Intercom entry system to each apartment
• Sliding wardrobes in the bedrooms
• Flooring provided to kitchen and wet areas
• On site bike storage
CONSUMABLES Would rent at £1100pcm / £13,200pa
Gross Yield of 6.4%
Service Charge: circa £1,300pa
Ground Rent: £250pa
Net Yield: 5.6%
Positioned in a strategic location which is enjoying massive investment, Mabgate Gateway is within a 5 minute walk of the new prestigious Victoria Quarter shopping centre, which hosts names such as Harvey Nichols, Paul Smith and Vivienne Westwood as well as being home to the largest John Lewis store outside London.
The Northern Quarter is hugely popular with young professionals, students and the international market. The area has great access to the ring road and Motorways, not to mention a short walk from many of the city centre's biggest employers, university and leisure amenities.
The development is also minutes from the SOYO redevelopment plans (SOuth of YOrk Road) with apartments, bars, restaurants, a hotel and public realm spaces. The Quarry Hill area of Leeds is set to undergo a "game-changing" transformation with a five year redevelopment programme worth in the region of £300m.
THE SPEC The apartment has been completed to an incredibly high specification, it includes:
• Full height tiling around bath, shower and wet rooms
• Half height tiling around WC
• Stylish bathrooms suites with shower trays
• Ladder style polished chrome, or equivalent, heated towel rail • Clean high spec kitchen • Built-in hob, extractor and oven
• Integrated fridge freezer, washer dryer and dishwasher
• Hardwood veneered, solid core entrance door with spy hole
• Hardwood veneered, or equivalent, internal doors throughout
• Brushed stainless steel and chrome ironmongery throughout
• Pendant lights to bedrooms and living areas
• 10 years CML complaint warranty
• Low energy LED downlights in kitchen, hallway and bathrooms
• Intercom entry system to each apartment
• Sliding wardrobes in the bedrooms
• Flooring provided to kitchen and wet areas
• On site bike storage
CONSUMABLES Would rent at £1100pcm / £13,200pa
Gross Yield of 6.4%
Service Charge: circa £1,300pa
Ground Rent: £250pa
Net Yield: 5.6%
About this agent
North Property Group has fast become one of the leading and most trusted property investment firms in the UK. The company has strong relationships with international property developers and are able to bring the best schemes to market for their clients. The company is trusted by investors across the globe to provide a tailored property investment service and in a short space of time has become the go to agent for property investments. Founded by Oli Banks and Tim Coen, North Property Group was launched to offer investors a range of property investment opportunities with high-returns and consistent security. The company provides an ethical and holistic approach to property investment and management by offering a full service package which includes expert advice on sourcing the best properties, providing information on the areas in the UK which have high rental demand and low supply, finding suitable tenants for the investment and managing the property via their strong lettings arm. Designed for both new and established investors, North Property Group is built on trust, integrity, quality and a wealth of experience. Whether you are looking to launch or build a thriving portfolio, North Property Group is attentive, proactive and committed to offering the best possible advice and service to its international client base. North Property Group have experience in lettings and property management, investment and re-sale properties. They can help manage and sell portfolios of any size across the UK. More information about North Property Group and reviews from its past and present investors can also be found on the industry review site, Trust Pilot.