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Asking Price Of £1,000,000

49 Upper Basinghall

  • Asking Price Of £1,000,000
  • Gross Yield: 5.4%
  • Completed

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  • Property Description

    Freehold Block For Sale At 49 Upper Basinghall

    North Property Group are proud to present a once of a lifetime investment opportunity at 49 Upper Basinghall. This freehold block located in the heart of the city, parallel to Park Row.

    This project boasts 6 high specification 1 bedroom apartments. Tenanted at fantastic rents, generating an annual income of £54,260 is every unit. This is a truly unique purchase.

    Specification

    - Fully fitted kitchens in a High Gloss white finish with black granite worktops and stainless steel T-bar handles.

    - Integrated appliances - Oven, Hob, Extractor, Fridge-Freezer, Washer Dryer. (dishwasher to some apartments)

    - White brick contemporary tiling complements the finish of the kitchen.

    - White Leccico bathroom suites with bath, overhead shower and screen with ladder radiator.

    - Electric panel heating system.

    - Main telephone point to hallway.

    - TV sockets to Lounge and bedroom.

    - Floor Covering to communal Areas - Black anthracite ribbed carpet.

    - Living areas covered in medium brown wood effect flooring with the bedroom in a light grey carpet.

    - All fitted with smoke detectors.

    - Wooden sash windows and fire rated hardwood doors.

    - All decorated in white emulsion and gloss to woodwork

    Economy

    Leeds's economy is expected to grow by 21% over next 10 years

    Rental demand

    22.2% rental price growth in 2017-2021, among the highest in the UK

    People

    9.6% projected population growth by 2033

    Employment

    Average earnings in Leeds increased by 6.1% in 2016 - the largest increase in the country

    Capital Uplift

    Leeds's house price growth is projected at 21.6% (2017-2021)

  • Property Address

    United Kingdom
    LS1 5HR

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Information

  • Asking Price Of £1,000,000
  • Yield: 5.4%
  • Completed

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Manchester: +44 (0) 161 2449 060

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Registered in England and Wales, Registered Office: One Brewery Wharf, Waterloo Street, Leeds LS10 1GX, Company Number: 10761978

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