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From £127,000

Centenary House

  • From £127,000
  • Gross Yield: 7.8%
  • In Construction
  • Est. Q4 2018
  • Lease Length: 250 Years

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  • Investment Highlights

    • Gross yields up to 7.84% for Leeds City Centre
    • Estimated completion Q2 2019
    • Fantastic location in Leeds' Northern Quarter
    • Grade II listed building conversion
    • Located in LS2 – Just a 14 min walk to Leeds station (potential future HS2)
    • Victoria Quarter Shopping Centre – Only 7 minutes walk
    • Unbeatable payment plan – 15% on exchange / 85% on completion
    • LTV mortgages available up to 75% (subject to criteria)

    Amenities

    • Bycicle Store
    • Residents Lounge
    • Lift
    • Communal Space
  • Property Description

    Off-plan Investment in Leeds

    Centenary house is a mixture of new build and refurbished apartments within a stunning Grade II-listed building (due to complete in 2019). A short walk from Leeds Train Station these studio, 1, and 2 bedroom city centre apartments are in the perfect location. Comprising of 80 high-spec apartments and prices starting from just £127,000, Centenary house is already set to be in high demand. The icing on the cake is the fantastic payment plan; 15% on exchange of contracts and 85% paid on completion. This is also with the potential to LTV mortgage up to 75% subject to criteria.

    Leeds' Northern Quarter

    The excellent location of Centenary House will ensure that it will remain tenanted for years to come, with an expected rental income of up to 7.84%.

    Rental & Capital Growth

    The economy of Leeds has seen remarkable growth of 6% over that last five years. Whilst analysts expect that to accelerate by 8.8% over the next five years. With a working age population that stands at 140,000 just in the city centre. So it is no surprise that employment growth is also positive; with a forecast increase of 3.4% over 5 years.

    But the Leeds region is far more than just a vibrant economy. It’s a modern and creative place to work and live. With the ability to reach London in 2 hours by train, Leeds is truly a well-connected city. Growth is expected to rise with demand far outstripping the hard-to-find supply in Leeds. Therefore it’s solidifying itself as one of the best UK cities to invest in currently.

    The UK is suffering a housing shortage and Leeds is no exception. To fix this shortage of affordable homes, the Leeds region aims to build 70,000 homes by 2028.

     

  • Property Address

    United Kingdom
    LS2 8JS

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Information

  • From £127,000
  • Reservation Fee: £2,500
  • Yield: 7.8%
  • In Construction
  • Est. Q4 2018
  • Lease Length: 250 Years

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