An award winning development, the Waterfront Apartments enjoy an excellent location adjacent to the River Aire and offers easy access to Leeds city centre. The development forms part of Leeds Southbank Regeneration Scheme. One-bedroom apartments are available from just £142,500 with yields of up to 7%.
The apartments in previous blocks of the Waterfront Apartments scheme have been a huge success on the rental market with tenants wanting to live in high specification accommodation close to the river as well as Leeds City Centre, and with this in mind you can rest assured there will always be rental demand for tenants wanting to rent, particularly as it is new-build.
Furthermore, there will always be tenant demand due to the location and close proximity to major employers. The summer months are also, by far, the most buoyant due to the 40,000 graduates every year that are looking for accommodation just like this, which will work great with the completion time line to ensure every unit is let.
Service charge est. at £1.5o per sqft
Ground rent at £295 per annum
Gross yields of up to 7%
Net yields of up to 5%
Leeds South Bank is one of Europe’s most exciting sustainable growth locations and will transform Leeds city centre. The development is located within the largest regeneration project Leeds has ever seen. The Southbank Project is a master plan which is expected to double the size of the city. Focused around a growing major rail hub, the South Bank area has capacity for over 4,000 new homes and commercial development to create 35,000 new jobs. Upon completion, the Phase 1 of Climate Innovation District will be completed, which is just a 4 minute walk down the river.
Leeds is a major UK business centre and one of the best places in Europe to locate a business. The city has one of the most diverse economies of all the UK’s main employment centres. Furthermore, the city sits at the heart of a wider city region which has an economy worth over £64 billion per annum and a workforce of 1.4 million.
JLL tip Leeds for the highest price growth in the UK. JLL believe that house prices in Leeds will grow by 19.9% by 2022. Additionally, the Leeds economy is estimated to be worth £21.3 billion per annum and accounts for nearly a third of the Leeds City Region's total economic output.
Last remaining units, enquire today.
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