Buy to Let Flats - LEEDS
Buy to let City Centre Flats in Leeds City Centre with 8.57% Annual Rental Returns
The city of Leeds is experiencing strong rental demand from young professionals and city workers with rental returns outweighing those found in other comparable cities. With projects soon to be completed such as the £350 million Trinity shopping complex, the £600 million Eastgate Quarters redevelopment and the £80 million Leeds Arena the economic outlook for one of the UK’s premier cities is gaining strength fast.
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Investment Property Summary
Skyline Apartments at One St Peters Square are ideally located for city workers in and around Leeds. The location of this iconic development is also home to the BBC Leeds Studios, the Leeds College of Music, Yorkshire Dance & West Yorkshire Playhouse.
The development consists of 130 apartments made up of studios, 1 bedroom & 2 bedroom apartments. Apartments are fully furnished with balconies and the development is 100% tenanted with a combination of professionals and mature UK and overseas students.
Less than 200 meters away is the planned Eastgate Quarters redevelopment which is set to transform Leeds city centre into one of the premier shopping, office and residential districts of the UK. With Leeds bus station just a stones throw away and access to the main ring road also close by the Skyline Apartments are in high demand.
Lucrative Buy to Let Investment
The limited number of investment properties are tenanted with AST (Assured Short-hold Tenancy) agreements. AST’s can be either extended at the end of the tenancy or the properties can be re-let through the appointed letting agent. Annual rental income on the 2 bedroom apartments is between £700 – £800 per month providing an average annual return of 8.57%.
Skyline Apartments offer an unrivaled buy to let investment opportunity not to be missed.
For more information on Skyline Apartments call +44(0)203 283 43 43 or visit www.rw-invest.com.
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House for Sale in Leeds