BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT

1 Bed  |  Studio

£90,000

Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT

Typical monthly mortgage repayment with Mortgage Advice Bureau: £281.06

About The Property

**£810,000 (fixed price)** A WELL PRESENTED, STUDIO apartment, located on the 15th floor of this SOUGHT AFTER development and forming part of a PORTFOLIO of 8. ALL CURRENTLY RENTED, with a total income of £53,220pa / 5.3% net yield.

Key Features

  • 8 STUDIO STYLE APARTMENTS
  • CONTEMPORARY SHOWER ROOMS
  • INVESTMENT OPPORTUNITY/ BUY TO LET
  • £53,220 PA INCOME = 5.3% NET RETURN
  • POTENTIAL NET RETURN OF 5.6%
  • ALL FURNISHED, INCLUDING WASHING MACHINES
  • PANORAMIC CITY VIEWS
  • ON SITE CONCIERGE
  • BARS, SHOPS AND RESTAURANTS ON YOUR DOOR STEP
  • PART OF THE SOUTH BANK REDEVELOPMENT PROJECT

Forming part of the sought after Bridgewater Place development, is this well presented, studio apartment - which forms part of a portfolio of 8.

For sale at a fixed price of £810,000 and available furnished, each apartment benefits from large picture widows, which offer panoramic views over the city beyond.

The compact kitchenettes are white gloss in finish and come complete with integrated appliances and white stone effect worktops.

ALL CURRENTLY RENTED, with a net return of 5.3% - with possible uplift, subject to market conditions.

The Vendor informs us that the following charges apply:-
Ground Rent - £2,076pa / Service Charge - £7,920pa. There are 238 years remaining on the Lease Term.

THE DEVELOPMENT
Bridgewater Place is a mixed use development built by the renowned builder, KW Linfoot PLC. On site facilities include a gym, Tesco Express and Starbucks - as well as a Concierge.
This property is well positioned for easy access into and out of the city centre and is only a short walk to the main railway station - as well as the other popular residential areas of Granary Wharf, Leeds Dock and the Calls.

This development sits in the heart of the forthcoming South Bank redevelopment project and will also benefit from the proposed HS2 rail link, which is due to complete in 2036.




Photos

**£810,000 (fixed price)** A WELL PRESENTED, STUDIO apartment, located on the 15th floor of this SOUGHT AFTER development and forming part of a PORTFOLIO of 8. ALL CURRENTLY RENTED, with a total income of £53,220pa / 5.3% net yield.

Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT
Photo of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT

Floorplans

Floorplan of BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT

EPC

EPC for BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QT

Location

Map of location

Local Information

Interested in this property?

Call our Leeds City Centre office:
0113 246 9295

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On the Market January 2015
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