Leeds
From £159,500
Gross Yield: 7.4%
Completed
Lease Length: 250 Years
Construction is complete at Pearl Chambers; 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.
Pearl Chambers is a property investment opportunity like no other, as this stunning Grade II listed building conversion is 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.
As this is a tier 1 location 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 high yields, Leeds City Centre location and instant returns and it’s clear to see this property investment 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.
Take a look below to see the best units currently available in the stunning development.
Sold Out
1 Bed Apartment
20% Deposit
£159,500
Sold Out
1 Bed Apartment
20% Deposit
£169,950
Sold Out
2 Bed Apartment
20% Deposit
£275,000
Why Invest Today
Leeds’ property prices have shown stable growth over the past 17 years. Furthermore, experts forecast that the annual price growth in Leeds will surpass the growth in Manchester, Liverpool and Birmingham by 2020. Expected to grow by 21.6% by 2021 are house prices in Leeds.
There is also a good mix of apartments throughout the scheme creating a sustainable Build to Rent environment. The specification will be of high standard; adopted for the Build to Rent market and designed to be durable for a long term hold.
Block A comprises of 33 apartments and is due for completion in July 2018.
While block B will comprises of 59 apartments and is due for completion in September 2018.
North Property Group is a member of The Property Ombudsman
