Alexandra Park Apartments scheduled for completion in 2022, is a boutique development with communal gardens and 24/7 concierge. The scheme is located near some of the biggest employers in the UK’s best city for investment.
The unit below is a three bed penthouse with a private 161 sqft terrace which is a rare find in Leeds. The terrace is North-facing and offers a fantastic view of the city. This apartment offers 6.32% net yield. Given the close proximity to the financial and legal district, the demand for this type of property heavily outweighs supply both from a rental and owner occupier perspective.
Floor level: 4
Size: 806 sqft internal, 161 sqft terrace
Service charge: £1,225 PA
Ground rent: £280 PA
Price and expected returns
Estimated rental income, monthly: £1,600
Estimated rental income, annually: £19,200
Gross yield: 6.86%
Net yield: 6.32%
Highlighted Unit Below