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The Chandlers, Leeds City Centre

Prices from £85,000

Net Yield up to 7%   |   Long Leasehold 192 years remaining

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UK City Residential are pleased to bring to market these leasehold apartments on the riverside in Leeds City Centre. The Chandlers is a purpose built residential development of 133 apartments. Nearly half of the properties were refurbished between 2009 and 2014 when a new block was developed on the site.

The remaining un refurbished properties are now going under an extensive refurbishment program which will include communal redecoration. Internally, the refurbished apartments will include brand new kitchens, bathrooms, flooring and decoration of a high standard. Our clients will have the option to choose a plot (s) and then select from a variety of samples how they would like the apartment to be finished to include kitchen units, floor coverings and even splash backs!

UK City Residential are able to offer properties are available with vacant possession or tenanted on AST’s. The Chandlers apartments are for sale on a long leasehold basis with a term of 192 years remaining. Tenants may let parking from the freeholders for just £75 per month which makes the development very attractive due to the shortage of parking in the city centre.

Properties are usually let unfurnished at the chandlers although on some occasions properties have been let furnished, which usually attracts a slight premium rent. Any units where the tenants have the benefit of furnishings will be sold inclusive of furnishings in the purchase price. This area of Leeds city centre is extremely popular due to the large number of major employers within walking distance.

The Chandlers site lies just half a mile from the train station and the recently developed Trinity Shopping centre, meaning the development is perfectly located within a 10 minute walk of the most central parts of the city centre, whilst enjoying an enviable riverside location on the banks of the River Aire.

The Chandlers is a very popular development with young professionals who are looking to rent a riverside apartment which is close to their work. Within a short walk of the development there are some of the biggest employers in Leeds, including HQ and regional offices for Asda, GE Capital, Yorkshire Water, The department of work and pensions, Lloyds banking group and KPMG.

The Chandlers is also within a short walk of the Trinity Shopping centre and the new for 2016 Victoria Gate, which will be home to John Lewis. The development is also very close to the bus station, train station and proposed HS2 terminal.

 


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We may use your details to contact you from time to time specifically to discuss investment opportunities. By providing your information you are agreeing for us to be able to contact you. We will only ask for this information once.


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