£95,000
1 bed flat for saleEcho Central, Cross Green Lane, Leeds, West Yorkshire LS9
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
Tenanted investment opportunity
High rental yield
Strong tenant demand
Full experienced management in place
First floor apartment
One double bedroom
Juliette balcony
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Echo Central, Cross Green Lane, Leeds, West Yorkshire, Ls9 8Fg
Yieldit are pleased to present this investment opportunity, located just minutes from the vibrant heart of Leeds city centre, this modern apartment in the highly sought-after Echo Central development offers an exceptional investment opportunity with a strong 6.5% net yield. With a reliable tenant already in situ and full property management in place, this is a hassle-free, hands-off investment with consistent returns.
Echo Central is renowned for its stylish and contemporary urban design, appealing to young professionals, graduates, and city workers who seek a modern, low-maintenance living space. The development’s efficient layouts and high-quality finishes offer residents both comfort and practicality, making it highly attractive to a wide range of tenants. Featuring generous natural light, contemporary fixtures, and a sleek finish, the apartment is perfectly positioned to meet the demands of today’s renters.
Leeds continues to thrive as one of the UK’s most dynamic regional economies, driven by key sectors such as financial services, digital industries, and higher education. This economic strength has translated into sustained rental demand, with a shortage of available properties in desirable locations like Echo Central. The apartment’s prime location, just a short distance from Leeds city centre, ensures easy access to major transport links, key employment hubs, and a host of local amenities, further enhancing its appeal to potential tenants.
The Leeds rental market remains strong, with high demand for well-located, modern properties like this one. Investors can expect long-term growth and stable occupancy due to the ongoing regeneration and development in the area. With the current tenant in place and full management services already set up, this opportunity provides peace of mind, allowing for immediate returns with minimal effort.
Financial Breakdown
Gross Rent: £8,700.00
Net income: £6,206.00
Gross yield: 9.16%
Net yield: 6.53%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08341
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Tenure
Leasehold (900 years)
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Ground rent
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