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From £80,000

Meridian House

  • From £80,000
  • Gross Yield: 9%
  • Completed
  • Lease Length: 125 Years

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  • Investment Highlights

    • Hands off investment
    • Currently let & managed by North Property Group
    • Yields up to 9% available
    • Parking available
    • Minutes from 15,000 employees on Wellington Street
    • 15 minute walk to Leeds Train Station
    • Low price point
    • Excellent return on funds
  • Property Description

    9% Yields, Fully Tenanted

    Meridian House offers the highest yields you can get in Leeds City Centre - from just £80k. Completed and tenanted are the apartments. They also have a track record of being popular rental apartments over the past 3 years.

    Meridian House is situated in a diverse location on the edge of Leeds city centre and enjoys excellent road links via the A58. Which is a very short distance away. The elevated location of these apartments also ensures a rooftop outlook.

    Under Market Value Property Investments In Leeds

    The developer has retained these units for a number of years as rental income. However he has now decided to sell them at below market prices. So at £80,000 for a 1 bed and £99,000 for a 2 bed, these apartments are priced to sell quickly. Furthermore they are the cheapest investments you can buy in Leeds City Centre.

    Proven Rental Demand

    Tenanted with proven rental demand are the properties. They also offer yields up to 9%; an incredible return for an area which is also ripe for capital growth.

    Good Specification

    The spacious living/kitchen areas will have a luxury vinyl tile flooring ideal for modern living. Bathrooms, with contemporary white sanitary ware as well as chrome fittings, will have natural oak effect flooring. But carpeted will be all bedrooms.

    Reliable Developer

    Berkeley DeVeer, with over 25 years experience in building a diverse range of high quality apartments, has gained a reputation for their attention to detail and craftsmanship. So assured of good design and specification you can be.

    Discounted Investments In Leeds

    Leeds, with its population of 780,000 people, has the fourth largest economy in the UK. It is also home to the head offices of many multinational companies and two major Universities; with an estimated student population of 33,000. Rental values for a modern apartment, close to the vibrant city of Leeds, are buoyant. Meridian House will therefore appeal to the Buy to Let investor looking for a good return on their investment.

  • Property Address

    United Kingdom
    LS12 2EW

    Location Details

    Leeds, with its population of 780,000 people, has the fourth largest economy in the UK. It is home to the head offices of many multinational companies and has two major Universities with an estimated student population of 33,000. Rental values for modern apartment, close to the vibrant city of Leeds, are buoyant and Meridian House will therefore appeal to the Buy to Let investor looking for a good return on their investment.

    Artist Street is located to the South West of Leeds City Centre, just off Armley Road. Armley is the Gateway to the Leeds Bradford Corridor and is a thriving residential and commercial centre.

    Armley Centre has a diverse range of facilities including the recently opened Sports and Leisure Centre, banks, supermarkets, chemists, doctors, dentists, pubs and general stores. It is also home to a range of accommodation including apartments, converted mills, large terrace houses and smaller dwellings – there is something to suit every budget. With a number of small parks and recreation areas plus the larger Gotts Park with its own golf course, there is ample green space to enjoy close by. There are also historic walks along the River Aire and Leeds-Liverpool Canal to enjoy.

    With the centre of Leeds being just a stones throw away, the development is ideally located for all City living and all that Leeds has to offer.

    • Railway Station 0.7 miles
    • Leeds University Campus 2 miles
    • Carnegie Stadium 2.9 miles
    • St James’s Hospital 3.3 miles
    • Harvey Nichols and the Victorian Quarter 1.8 miles
    • Leeds/Bradford International Airport 8.5 miles
    • M1 Junction 42, 12 miles

    With its first class shopping facilities, bars, restaurants, cinemas, The Royal Armouries and many theatres, Leeds is a vibrant City with an abundance of things to enjoy.

    All of the available apartments are currently tenanted and offer yields in the region of 7.95%.

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Information

  • From £80,000
  • Yield: 9%
  • Completed
  • Lease Length: 125 Years

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