1 bedroom apartment for sale

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1 bedroom apartment for sale

154 Aspect 14, Elmwood Lane, Leeds
£124,000

Our Summary

  • 154 ASPECT 14 *BARGAIN PRICE *INVESTMENT OPPORTUNITY/FIRST TIME HOME OWNER * Currently rented on periodic basis for £855PCM offering 9% gross return

Description

This 5th-floor, one-bedroom, one-bathroom apartment in Aspect 14, Leeds, is an investment opportunity or a great first-time home for a buyer. Currently rented for £855 per month, it offers a 9% gross return. The property is situated close to universities, hospitals, and the city center, making it attractive to students and professionals. The building is a purpose-built, secure, gated development with a caretaker service, fob entry system, and lift access. The leasehold property has a 999-year lease from 2003, with a service charge of £861.52 per annum and a ground rent of £297.85 per annum, reviewed every 20 years. With its proximity to the city's vibrant shopping centers, historical arcades, and lively night scene, this apartment is a great investment opportunity or a fantastic place to live.
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