Promotion: Investment of the week - Last penthouse -Leeds

Promotion: Investment of the week - Last penthouse -Leeds

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.

Unit details

Plot: B401
Bedrooms: 3
Floor level: 4
Aspect: North 
Size: 806 sqft internal, 161 sqft terrace
 Service charge: £1,225 PA
Ground rent: £280 PA

Price and expected returns

Price: £279,995
Estimated rental income, monthly: £1,600
Estimated rental income, annually: £19,200
Gross yield: 6.86%
Net yield: 6.32%

Highlighted Unit Below
Screenshot 2021 09 09 at 14.52.41
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