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Studio for sale

£56,995

Asquith House & Austin Hall, Servia Road, Leeds, West Yorkshire LS7

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Property features

  • Tenure: Leasehold

Property description

Key features:
  • All units complete with shared communal area consisting of kitchen, dining area and lounge.
  • Private studio rooms including own kitchenette
  • 5 minute walk to Leeds University and Leeds Metropolitan University
  • Leeds City has a market a over 60,000 potential student tenants
  • Home to two of the largest universities in the UK
  • Over 10,000 international students from 141 different countries
  • Largest business school in the UK
  • Assured net yield of 8% for 3 years (minus ground rent charge)
  • 298 student bedrooms over 2 blocks
  • Completion due Spring 2017
  • Quality furniture and fittings
  • On-site laundry facilities
  • Fantastic Leeds location near to all 3 Universities


Main Description
Prcies starting from £56,995!
Asquith House and Austin Hall is a purpose built off plan student development comprising of a total of 298 en-suite bedrooms and studios across two separate buildings. All student bedrooms are arranged in apartments of 4 and 6 bedrooms, each sharing a communal area complete with kitchen, dining area and lounge. Studio rooms are more private and contain their own kitchenette. Situated on Servia Road, the site is a convenient 5 minute walk to The University of Leeds and Leeds Metropolitan University campuses and just a 10 minute walk into the city centre. Students will benefit from living and studying within a thriving student hub with an abundance of cafes, bars, restaurants and shops. This investment opportunity is certainly not be to missed! Completion is due Spring 2017.

Property Ref:84_2767_4306572

Property info

Market activity
Average price paid £194,619 Sales 329 Current average value £191,331 (Zoopla Zed-Index) Value change £8,637 ▲ 4.73%

Property value data/graphs for LS7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £306,097 £258 3.7 £278,040
Semi-detached £209,383 £220 3.1 £219,583
Terraced £167,830 £191 3.2 £191,176
Flats £158,910 £227 1.8 £129,258

Current asking prices in LS7

Average: £170,208
Avg. current asking prices in LS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £155,244
(8)
£216,739
(14)
£277,499
(4)
£310,825
(6)
Flats £212,886
(9)
£122,841
(7)
£229,950
(2)
- -
All £212,886
(9)
£140,123
(15)
£218,390
(16)
£277,499
(4)
£310,825
(6)

Current asking rents in LS7

Average: £899 pcm
Avg. current asking prices in LS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £948 pcm
(3)
£819 pcm
(11)
£806 pcm
(7)
£1,190 pcm
(14)
£1,001 pcm
(2)
Flats £586 pcm
(22)
£807 pcm
(12)
£624 pcm
(1)
£1,560 pcm
(1)
-
All £629 pcm
(25)
£813 pcm
(23)
£783 pcm
(8)
£1,214 pcm
(15)
£1,001 pcm
(2)

Fun facts for LS7

Highest value in LS7
Highest value streets Zed-Index
Gledhow Valley Road £412,943
Gledhow Park Drive £399,808
Norfolk Terrace £381,338
Oak Road £332,134
Mansion Gate £327,972
Highest turnover in LS7
Highest turnover streets Turnover
Oldfield Court 58.3%
Teale Drive 56.2%
Pasture Terrace 47.4%
Wharfedale Place 46.7%
Charnley Drive 41.3%

What Zoopla users think of Leeds

Overall rating:

  • currently 4 stars
Very good - 78% (385 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Leeds:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Leeds (1.2 miles)
  • Burley Park (1.3 miles)
  • Headingley (1.9 miles)
  • Leeds Bradford International Airport (6.0 miles)
  • Robin Hood Airport (32.2 miles)
  • Manchester International Airport (43.6 miles)
  • Hull Ferry Terminal (52.2 miles)
  • Transporter Bridge South Side (54.9 miles)
  • Transporter Bridge North Side (55.0 miles)

Nearby schools

View all schools in Leeds
  • Blenheim Primary School (0.3 miles)
  • Little London Community Primary School (0.4 miles)
  • Quarry Mount Primary School (0.4 miles)
  • Notre Dame Catholic Sixth Form College (0.3 miles)
  • Leeds College of Building (0.8 miles)
  • Swarthmore Education Centre (0.8 miles)
  • Leeds City Academy (0.6 miles)
  • New Horizon Community School (1.1 miles)
  • The Co-operative Academy of Leeds (1.2 miles)
Note: Distances are straight line measurements

Local info for Leeds

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For more information about this property, please contact
Lovepad National, W1B on * (local rate)

Monthly running costs Beta

£245 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,699
Repayment term 25
Interest rate 0.5
Your payment £181 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy Gas £22 Electricity £21 Estimated energy cost £43/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Water Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lovepad National, and do not constitute property particulars. Please contact Lovepad National for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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