1 bedroom apartment

X1 Aire, Cross Green Lane, Leeds, LS9 8BS

Size: 40 sqm

Purchase price

£127,500

Size: 40 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,000
Ground rent £300
Service charge £1,164
Lettings fees £835
Net income £6,701
Gross yield 7.06%
Net yield 5.26%

TENANTED INVESTMENT OPPORTUNITY WITHIN WALKING DISTANCE OF LEEDS CITY CENTRE! An incredible 1-bedroom apartment with a balcony and parking in the highly sought after X1 Aire development.


INVESTMENT PROPERTY - CASH BUYERS ONLY!

This state-of-the art apartment comprises of a spacious living and dining area; a modern fitted kitchen with appliances included; a generously sized double bedroom; and a 3-piece bathroom suite. This apartment boasts a balcony which offers stunning views of the communal gardens. Residents of X1 Aire are able to enjoy the on-site facilities such as communal recreational areas for socialising alongside bicycle storage and a secure car park, in which this apartment comes with a space included. Residents can also enjoy a walk around the beautiful River Aire, which is only five minutes away from this property. Parking space was originally purchased with the apartment for an extra £12,500, which the current price of £125,000 includes that parking space!

Leeds city centre is accessible within a 30 minute walk from this deveopment and offers a mix of bars, restaurants and other leisure activities to suit all budgets and lifestyles. There is truly something for everyone in Leeds, with its beautiful parks and green land, as well as a variety of museums, theatres and galleries. Shopping centres such as the Victoria Quarter, Corn Exchange, the brand new Trinity Leeds as well as the main shopping street, Briggate, offer one of the best shopping experiences in the UK. For those people in search of entertainment, Leeds does not disappoint. Various bars and music venues enable the city to host a range of concerts and shows, including the likes of the bespoke Leeds Carnival, Leeds International Film Festival and Leeds Festival.

In 2014 Leeds secured one of the largest Growth Deals in UK history, bringing £1bn of investment to the city, and aiming to create 8,000 jobs and 1,000 homes by 2021. With the estimated population of Leeds expected to exceed 819,000 by 2024, demand for high quality rental properties such as those in X1 Aire will rise, leading to rent increases.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted for immediate income

Key features

1-bedroom apartment

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Balcony overlooking the garden

Key features

Secure car parking space worth £12,500*

Key features

Resident's gym

Key features

Bicycle storage

Key features

Parking included

Key features

Award winning lettings management

TENANTED INVESTMENT OPPORTUNITY WITHIN WALKING DISTANCE OF LEEDS CITY CENTRE! An incredible 1-bedroom apartment with a balcony and parking in the highly sought after X1 Aire development. More info...

INVESTMENT PROPERTY - CASH BUYERS ONLY!

This state-of-the art apartment comprises of a spacious living and dining area; a modern fitted kitchen with appliances included; a generously sized double bedroom; and a 3-piece bathroom suite. This apartment boasts a balcony which offers stunning views of the communal gardens. Residents of X1 Aire are able to enjoy the on-site facilities such as communal recreational areas for socialising alongside bicycle storage and a secure car park, in which this apartment comes with a space included. Residents can also enjoy a walk around the beautiful River Aire, which is only five minutes away from this property. Parking space was originally purchased with the apartment for an extra £12,500, which the current price of £125,000 includes that parking space!

Leeds city centre is accessible within a 30 minute walk from this deveopment and offers a mix of bars, restaurants and other leisure activities to suit all budgets and lifestyles. There is truly something for everyone in Leeds, with its beautiful parks and green land, as well as a variety of museums, theatres and galleries. Shopping centres such as the Victoria Quarter, Corn Exchange, the brand new Trinity Leeds as well as the main shopping street, Briggate, offer one of the best shopping experiences in the UK. For those people in search of entertainment, Leeds does not disappoint. Various bars and music venues enable the city to host a range of concerts and shows, including the likes of the bespoke Leeds Carnival, Leeds International Film Festival and Leeds Festival.

In 2014 Leeds secured one of the largest Growth Deals in UK history, bringing £1bn of investment to the city, and aiming to create 8,000 jobs and 1,000 homes by 2021. With the estimated population of Leeds expected to exceed 819,000 by 2024, demand for high quality rental properties such as those in X1 Aire will rise, leading to rent increases.

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop 1-bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Balcony overlooking the garden
    Tick Desktop Secure car parking space worth £12,500*
    Tick Desktop Resident's gym
    Tick Desktop Bicycle storage
    Tick Desktop Parking included
    Tick Desktop Award winning lettings management
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,000
Ground rent £300
Service charge £1,164
Lettings fees £835
Net income £6,701
Gross yield 7.06%
Net yield 5.26%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.