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1 bed flat for sale

£89,000 From

Skinner Lane, Leeds LS7

1 1 1
New build

Property features

  • Central heating
  • Disabled features
  • Double glazing
  • Fireplace
  • Porter/security
  • Rural/secluded
  • Wood floors
  • Garden

Property description

Located in Leeds, Victoria House is a short walk from Leeds vibrant city centre which is home to Trinity Hall and Victoria Gate shopping centres.

The City is also home to the University of Leeds which is one of the world’s top 100 universities and is part of the Russell Group of leading UK universities.

Due to its central location, the apartments within Victoria House will appeal to young professionals, commuters and post graduate students.

High demand for residential buy-to-let investment in Leeds
There is a high demand for rental property in Leeds. Most letting agents across the city have reported portfolio occupancy rates of 99% or above and average rental growth has increased by 5.1% (The Rental Revolution 2014, Knight Frank).

Victoria House will provide investors with a hands-off way to capitalise on the high demand for rental accommodation in Leeds.

Receive 8% net p.A. Assured for 3 years

The uk’s private rental sector has been providing investors with a strong level of return for a few years.

Victoria House is a new buy-to-let opportunity which will provide investors with 8% net per annum, which will be assured for the first 3 years of the investment.

This development provides investors with a rare opportunity to increase capital growth potential by securing an apartment 20% below market comparables.

Victoria House comprises studio, 1 and 2 bedroom apartments and is just a short walk from the city centre.

For a hands-off investment, Victoria House will be expertly managed by a professional property management company.

The appointed management company will be fully-equipped to manage and market your investment on your behalf.

Victoria House represents an ideal investment for investors looking to generate passive returns from the uk’s buy-to-let market.

With a 3 year, 8% net per annum rental assurance in place investors will secure an assured income from a fully managed property investment.
Market activity
Average price paid £187,441 Sales 302 Current average value £193,385 (Zoopla Zed-Index) Value change £966 ▲ 0.50%

Property value data/graphs for LS7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £310,722 £260 3.7 £292,210
Semi-detached £212,474 £226 3.1 £211,173
Terraced £169,385 £196 3.2 £184,627
Flats £158,856 £231 1.8 £123,796

Current asking prices in LS7

Average: £189,195
Avg. current asking prices in LS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £199,100
(5)
£209,089
(15)
£321,667
(3)
£324,975
(2)
Flats £93,750
(4)
£150,222
(9)
£200,000
(2)
- -
All £93,750
(4)
£167,678
(14)
£208,019
(17)
£321,667
(3)
£324,975
(2)

Current asking rents in LS7

Average: £750 pcm
Avg. current asking prices in LS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £621 pcm
(5)
£748 pcm
(5)
£800 pcm
(10)
£1,202 pcm
(6)
-
Flats £575 pcm
(12)
£692 pcm
(14)
£1,200 pcm
(1)
- -
All £589 pcm
(17)
£707 pcm
(19)
£836 pcm
(11)
£1,202 pcm
(6)
-

Fun facts for LS7

Highest value in LS7
Highest value streets Zed-Index
Gledhow Valley Road £418,232
Gledhow Park Drive £405,200
Norfolk Terrace £387,026
Oak Road £338,172
Mansion Gate £331,769
Highest turnover in LS7
Highest turnover streets Turnover
Oldfield Court 58.3%
Teale Drive 56.2%
Pasture Terrace 47.4%
Wharfedale Place 46.7%
Tynedale Court 45.0%

What Zoopla users think of Leeds

Overall rating:

  • currently 4 stars
Very good - 78% (412 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.
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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 (0.8 miles)
  • Burley Park (1.8 miles)
  • Headingley (2.6 miles)
  • Leeds Bradford International Airport (6.7 miles)
  • Robin Hood Airport (31.5 miles)
  • Manchester International Airport (43.5 miles)
  • Hull Ferry Terminal (51.7 miles)
  • Transporter Bridge South Side (55.4 miles)
  • Transporter Bridge North Side (55.5 miles)

Nearby schools

View all schools in Leeds
  • St Peter's Church of England Primary School, Leeds (0.3 miles)
  • Little London Community Primary School (0.4 miles)
  • Blenheim Primary School (0.5 miles)
  • Leeds College of Building (0.1 miles)
  • Notre Dame Catholic Sixth Form College (0.9 miles)
  • Swarthmore Education Centre (0.9 miles)
  • The Co-operative Academy of Leeds (0.6 miles)
  • Mount St Mary's Catholic High School (0.8 miles)
  • The Ruth Gorse Academy (0.9 miles)
Note: Distances are straight line measurements

Local info for Leeds

About the neighbours in LS7

AskMe Q&A for Leeds

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For more information about this property, please contact
Prime Centrum, E14 on +44 20 8022 4568 * (local rate)

Monthly running costs Beta

£385 Monthly total
Mortgage
Purchase price
Deposit (10%) 8,900
Repayment term 25
Interest rate 1.5
Your payment £320 /mo How Much Could I Borrow

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 £20 Electricity £24 Estimated energy cost £44/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.

Contact Prime Centrum about this property

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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 Prime Centrum, and do not constitute property particulars. Please contact Prime Centrum 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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