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1 bed flat for sale

£135,000

Kirkgate, Leeds LS2

1 bed flat for sale 1 1 1
Interested in this property? Call +44 113 427 2879 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Investors only
  • City Centre location
  • High tenant demand
  • Excellent local amenities
  • Desirable location
  • Incredible investment opportunity

Property description

***investors only***

CityRise is delighted to bring to the market this stunning 1-bedroom apartment in Leeds City Centre. It is currently being sold as an investment opportunity with tenants in situ currently paying £850 pcm, giving buyers an attractive yield of 7.5%.

This property features an open-plan layout that maximizes space and natural light. It comprises a bright bedroom, living area and a modern kitchen and bathroom. The apartment is situated in a highly sought after location, close to Leeds Train Station, shops, bars and restaurants, representing a sure source of tenant demand, especially from professionals wanting to live and work in and around Leeds.

Investing in Leeds offers the opportunity to tap into a buoyant and growing market, with a strong economy, a young and diverse population, and affordable property prices. With its thriving cultural scene, excellent transport links, and promising rental market, Leeds presents an appealing option for those seeking to invest in property.

About CityRise

CityRise has continued with the same ethos it was founded upon; tailor-making the best property investment solutions across the UK to suit our client’s investment goals. As a company, we adopt an authentic and personal approach whilst guiding you to the right investment. Regardless of whether you are adding to an existing portfolio, or are a first-time investor, our team of experts will be with you from start to finish. You will receive independent, professional advice whilst we search the market for the property that best suits your strategy and goals.

CityRise continuously keeps one eye on the latest market developments and the second on the best property opportunities available across the UK. You can therefore rest with the knowledge that when working with CityRise you will be in capable hands.

Property info

Property value data/graphs for LS2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £782,236 - 5.4 -
Semi-detached - - 3.7 -
Terraced £412,952 £180 4.3 £299,242
Flats £146,077 £251 1.7 £134,949

Current asking prices in LS2

Average: £183,826
Avg. current asking prices in LS2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £450,000
(1)
- £420,000
(1)
- -
Flats £132,042
(20)
£171,991
(11)
£250,000
(1)
£255,000
(1)
-
All £147,183
(21)
£171,991
(11)
£335,000
(2)
£255,000
(1)
-

Current asking rents in LS2

Average: £1,615 pcm
Avg. current asking prices in LS2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £738 pcm
(14)
£1,473 pcm
(3)
£1,716 pcm
(10)
£2,177 pcm
(24)
£4,836 pcm
(10)
Flats £894 pcm
(168)
£1,369 pcm
(110)
£1,966 pcm
(62)
£2,394 pcm
(4)
£8,896 pcm
(5)
All £882 pcm
(182)
£1,371 pcm
(113)
£1,931 pcm
(72)
£2,208 pcm
(28)
£6,189 pcm
(15)

Fun facts for LS2

Highest value in LS2
Highest value streets Zed-Index
Kelso Road £498,076
Hyde Terrace £453,619
Archery Terrace £302,545
Albion Street £291,618
Langtons Wharf £244,873
Highest turnover in LS2
Highest turnover streets Turnover
Concord Street 45.2%
Melbourne Street 32.0%
Byron Street 26.9%
Kelso Street 25.0%
The Chandlers 23.6%
Arrange Viewing

For more information about this property, please contact
CityRise, LS1 on +44 113 427 2879 * (local rate)

Monthly running costs Beta

£680 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,500
Repayment term 25
Interest rate 2.0
Your payment £514 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £17 Electricity £28 Estimated energy cost £45/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6400 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Leeds

Estimated tax band A Council tax cost £100 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CityRise, and do not constitute property particulars. Please contact CityRise for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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