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From £185,000

Public Haus

  • From £185,000
  • Gross Yield: 6.8%
  • Completed
  • Est. Q3 2019
  • Lease Length: 250 Years

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  • Investment Highlights

    • Completed development
    • Parking
    • High specification 2 beds
    • Leeds City Centre
    • Stunning views of the Leeds City Centre skyline
    • Only 16 units
    • Private terraces to the Ground floor & Top floor
    • Excellent location for capital growth
    • Gross Yields up to 6.82%
    • Low service charge

    Amenities

    • Parking
    • Bycicle Store
  • Property Description

    Public Haus is a stunning collection of 16 completed residential new-build apartments at an extremely attractive price point. There are 15 parking bays at the project, two of the ground floor units have patios and the top two units also have huge private roof terraces overlooking Leeds.

    Located within a stones throw of Leeds city centre and also close to all that this vibrant and exciting city has to offer, the apartments provide excellent city living.

    This contemporary new development comprises sixteen, 2 bedroom modern apartments. Each apartment comes with a high quality specification also including branded sanitary ware and fitted kitchens.

    All of the kitchens come with integrated appliances. There is wood top flooring throughout the kitchen/living room/corridors as well as carpets in the bedrooms.

    A Completed Project

    The development is completed. Furthermore it is available to both investors and owner occupiers. The properties are completed and ready to let, therefore investors will see an immediate return on their investment.

    Yields of 6.8%

    North Property Group expect the apartments to rent between £1,000pcm to £1,250pcm which therefore results in yields of 6.8%.

    Location

    South Bank in Leeds is set to double with over 35,000 new jobs and 8000 homes – one of Europe’s largest regeneration projects. Leeds City council approved plans for its £350 million South Bank scheme including a proposal for the city’s tallest tower. Entirely new developments and open spaces will be combined with a world-class waterfront and restored historic buildings such as the Grade I listed Temple Works.
    A priority for the South Bank will be to incorporate the new businesses and long-term development opportunities that HS2 will bring to the city in the same way that the regeneration of Kings Cross and St Pancras did for the capital.

    The scheme itself is very close to Leeds Dock which has also had big investment in the past few years by Allied London to make it a leading business and tourist ‘destination’. It is also the home of Sky offices, some smaller start-up companies, a Leeds based coffee producer and restaurants, plus several other residential schemes.

    Parking

    There is also 15 parking bays at the development.

    Consumables

    Lease term: 250 Years
    Ground Rent: £250 p.a
    Rent Review: 10 yearly based on increase in RPI
    Service Charge: Just £1 a sqft

    Returns / Yields

    Gross Yields up to 6.8%

    Net Yields up to 6.23%

    Specification

    General

    • Grey aluminium framed double glazed windows

    • Balconies with glass balustrade to top floor apartments

    • White eggshell painted veneered interior doors with contemporary style ironmongery.

    • Also white eggshell skirting and architraves.

    • Grey aluminium framed double glazed windows

    • Vinyl flooring to kitchens

    • Carpets to bedrooms, living areas, and also hallways.

    • Flat plate electrical sockets, switches and accessories.

    • Telephone / media points to living / dining areas, and also master bedrooms.

    • LED downlighters in selected rooms.

     

    Kitchens

    • Contemporary matt handle-less fitted kitchens from Howdens

    • Also soft closing doors and drawers

    • 30mm Quartz Worktops with 100mm matching upstands

    • Feature glass splashbacks to Hob

    • Stainless steel undercounter sink with chrome mixer taps

    • Integrated fridge / freezer

    • Also an integrated dishwasher

    • Integrated oven

    • Integrated hob

    Bathrooms & En-suites

    • Half height ceramic tiling to Bathroom, as well as fully ceramic tiled walls to ensuite

    • Ceramic tiling to floors

    • White wall hung WC with push button flush

    • Semi recessed white basin as well as chrome mixer tap

    • 170cm Bath to Bathrooms

    • Walk in shower with glass panel and hinged return

     

    Common Areas

    • Glazed door entrance lobby to ground floor.

    • Matt lacquered timber doors with contemporary style ironmongery.

    • Contemporary carpet tiles to all communal corridors and also lobbies

    • Residents’ mail boxes to the ground floor entrance area.

    • Phone entry system with remote door release.

    Features

    • Car Parking.

    • There is also secure basement cycle storage for each apartment

    Only 16 Units - 2 Have Huge Terraces

    The project is only a boutique scheme of 16 apartments, so we expect these to sell fast.

    Viewings Available

    So contact us to arrange a viewing.

  • Property Address

    United Kingdom
    LS9 8LD

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Information

  • From £185,000
  • Yield: 6.8%
  • Completed
  • Est. Q3 2019
  • Lease Length: 250 Years

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