Back
From £159,500

Pearl Chambers

  • From £159,500
  • Gross Yield: 7.4%
  • Completed
  • Lease Length: 250 Years

Register your Interest

  • Investment Highlights

    • Yields up to 7.44%
    • Completed development
    • Tenants living in the building already
    • Grade II listed building
    • Luxury and elegance in the heart of Leeds
    • Small selection of apartments
    • Incredible LS1 location
    • Proven rental demand
    • Strong yields for such a prime location
    • High spec
    • Fantastic communal areas
    • Easy to rent to international students
    • Clear demographic of renters
    • Minutes from Leeds station

    Amenities

    • Lift
  • Property Description

    Pearl Chambers is an opportunity like no other. This stunning completed Grade II listed building conversion is set in the heart of Leeds City Centre. It has an enviable LS1 postcode and offers huge yields up to 7.44% due to the high rental demand from international students.

    Huge Yields In An LS1 Location

    This is an unmissable property investment opportunity because not only is it the most central in Leeds, but it also offers some of the highest net yields in the whole of the city. As there is such a huge demand from international students for this exact location on Park Row; (bare in mind these international students are on large scholarships from their embassy's of up to £2,900 per person and all they want is location, convenience and to live near other nationals); it allows us to achieve fantastic rents which result in huge yields; therefore making this a perfect property investment opportunity in the heart of Leeds City Centre. Being an expert in the city for rentals, we understand there is this demand here. We've proven it in September 2018 by letting Flat 1 at £1,600pcm and Flat 25 at £1,400pcm within 24 hours of each other.

    Completed Development - Instant Returns

    Pearl Chambers is also completed; so you are not tying up your money in a property investment without seeing an instant return. Therefore, the day you complete is the day you'll start receiving rental income! The developer retained a number of units in the scheme himself. However, has now decided to dispose of his personal portfolio.

    The Most Central Location Money Can Buy

    This is a tier 1 location and as result it is a safe bet for investment and capital growth. The development is also completed so there is no construction/build risk and the scheme has a number of tenants already in situ. Combine that with a high yield, LS1 location and instant returns; it's clear to see that this property investment opportunity is a no-brainer.

    It is situated in a truly incredible location with all the benefits of the city centre living; as well as convenient access to Leeds City Train Station, local amenities, retail centres and the best entertainment the city has to offer nearby. The apartment is an LS1 postcode and you can walk to the train station in under 2 minutes. There will never be any other residential new-build completed in this location as there is no space for it! Pearl Chambers will always have this USP.

    Ground Rent

    Also another point to note is that the Ground Rent is just 0.1% of the Asking Price and reviewed every 10 years in line with RPI; the best possible Ground Rent term you could ask for!

    Pure Luxury

    Pearl Chambers also offers a rare opportunity of luxury and elegance in the heart of Leeds; with a small selection of spacious apartments designed to be unparalleled anywhere across the city. Additionally, every aspect has been carefully considered to ensure the apartments are original in style, generous in proportion and unrivalled in quality. Meticulously reviewed to ensure that these luxurious homes will bring a lifetime of pleasure have been even the smallest details.

    Only 8 Units Remain

    Furthermore with yields up to 7.44% in such an incredible location we see the remaining 8 units selling quickly. So enquire today for the full details or to arrange a viewing.

    Specification

    Interior Decor

    All interior walls are painted in white emulsion, with smooth finish ceilings in white. All woodwork, including the torus-moulded skirting boards and architraves, are painted satin white. The doors are oak, with chrome lever handles. The staircases detailing, including the handrails and modern lighting, have all been chosen to offer you the latest in contemporary living.

    Bathrooms and En-suites

    The bathroom suites have been selected from the Premiume range, with vanity units to complement the basins where the layout allows. Lever operated chrome mixer taps have been chosen for their elegant combination of convenience and style, and toilets are fitted with soft-close seats. The showers incorporate low-profile trays, concealed mixer valve and clear glass wetroom panels or shower doors, and there are shaver sockets in both the bathrooms and en-suites. Luxury ceramic tiling extends to full height on all walls, with feature LED lighting for elegance whilst still reducing your energy consumption. Heated towel rails have been added to bathrooms and principal en-suites.

    Kitchens

    The kitchen is often described as the heart of the home, so to make sure it is right for you and your family we offer a choice of three styles, each with a wide selection of options. All of our kitchens feature frontal-framed units and high-quality quartz worktops backed, where the layout allows it, by a matching upstand to the wall. They all include stainless steel one-and-a-half bowl sinks fitted with contemporary mixer taps. Furthermore, the kitchen is lit by energy-saving LED downlighter; giving you maximum lighting exactly where you need it. All the visible light switches and power sockets have a black nickel finish.

    In the contemporary kitchen styles, the appliances include either a stainless steel built-in double oven and an induction hob. Both options are complemented by a stylish stainless steel chimney hood. We also plumb an integrated dishwasher and an integrated washing machine into every kitchen. An integrated fridge freezer and microwave are fitted in selected units only.

    Electrical fittings

    All homes are fitted with intruder alarms and mains-wired smoke and carbon monoxide detectors with battery backup for extra security. In addition to a front door bellpush and chime; all communal areas light automatically triggered by movement between dusk and dawn sensors. A BT socket is provided, and the living room and all bedrooms have television sockets connected to a Freeview aerial. The living room and master bedroom also have Virgin and Sky points installed and ready for use, so that only the subscription is required to access these services.

    Heating

    The gas central heating installed throughout apartments and is controlled either by thermostatic radiators or a separate room thermostat. The system can be adapted to include remote control of individual zones by either WiFi or smartphone. So a subscription is required to operate the remote control system.

  • Property Address

    United Kingdom
    LS1 5BY

  • Property Gallery

  • Arrange a Viewing

    Fill in the form below and we'll get in touch to arrange a viewing at this property as soon as possible.

    Integrated Form

Register Your Interest

Integrated Form

Information

  • From £159,500
  • Yield: 7.4%
  • Completed
  • Lease Length: 250 Years

Downloads

Brochure

Download Brochure

Just fill in your details below and click 'download'.

Integrated Form

Buy-to-Let Landlords Leave London for Better Returns in the North

29th September 2020

Buy-to-let landlords and other property investors are looking away from the capital and further north for investment opportunities in property. Although London has long been a favourite spot for property investors – especially those from overseas – hig …

Read More

How has the Stamp Duty Holiday affected the Housing Market?

28th September 2020

Investment opportunities in property: The government’s stamp duty holiday is now in full swing. Many owner-occupiers are taking advantage of it to move home and investors are already benefiting from the property investment opportunities it has brought. …

Read More

5 ways that SOYO will Change Leeds

25th September 2020

SOYO Leeds is one of the most ambitious development projects to transpire in Leeds city centre. The £300million project will create a new cultural area in Leeds and is already home to the popular luxury shopping centre Victoria Gate. It is contributing …

Read More

Call Us On +44 (0) 1134 264 444 Or Request A Call Back

Integrated Form


North Property Group is a member of the Property Ombudsman.

CMP Logo

Copyright © North Property Invest
Powered By Spotlight Studios

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

Contact Us

Integrated Form

Join The Investors Club

Integrated Form

Calculate my Stamp Duty

Register your Interest

Integrated Form
Top