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Property Listing Details

Studio for sale

St. Michaels Lane, Leeds LS6

  • New home

£75,000

Property details

Features

  • Investor Opportunity
  • Buy to Let
  • 1 bathroom
  • 1 reception room
  • Leasehold
  • Roof terrace
  • Laundry room
  • Manned reception
  • Bike storage
  • Social room
  • Games room
  • Fitness Gym
  • Rooftop terrace

Listing view statistics

Last 30 days: 101 page views

Since listed: 1026 page views

Description

*cash buyers/investment only

The Pavillion, Leeds, is a brand-new investment opportunity in the lucrative market of student accommodation investments.

The Pavillion is located close to the popular Headingley district centre and has good public transport links to the city centre: The perfect solution for students looking for
independent living in a modern environment.

Students demands have changed over recent years and many, especially those from overseas, no longer wish to live in converted houses or in the common “cluster-flat” undergraduate student accommodation.

They now require bespoke, purpose-built accommodation which lies close to the educational hub.

The Pavillion, with 44 student studio apartments, a social room, games room, fitness gym and rooftop garden, is ideally designed to meet the needs of the current student market.

The Pavillion is widely anticipated to become one of the most sought after residencies in the lucrative Leeds student rental market.

Investment snapshot:
• Apartments from just £75,000
• Market value of £90,143,17% under market value
• Assured minimum rental yield of 8% for 3 years
• Return £19,503 in the first 3 years alone
• Fully-furnished, self-contained apartments with private kitchens and bathrooms
• The University of Leeds is a leading Russell Group University, one of the top institutions in the UK
• Leeds is home to two world class universities with close to 65,000 students
• 5% interest paid on deposited funds
• 12 month extended payment plan
• Apartments have the option to target both students and young professionals
• A fully hands-off investment managed by reputable asset managers

Floorplan

Map & Nearby

Local Amenities

  • Burley Park 0.3 miles
  • Headingley 0.5 miles
  • Spring Bank Primary School 0.2 miles
  • Brudenell Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Burley Park 0.3 miles
  • Headingley 0.5 miles
  • Spring Bank Primary School 0.2 miles
  • Brudenell Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in LS6:

  • £173,598
  • Price decrease

  • -£3,361
  • (-1.899%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £159,175
  • Properties sold

    72

Rental opportunities

Looking for an investment? The average rent for a 0 bedroom flat in LS6 is currently:

£598 pcm

Recent sales nearby

See all recent sales in LS6
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Running costs

Mortgage calculator

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How much could I borrow?

In association with

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.

The Developer

Price history

Sold prices provided by Land Registry
1st Feb 2018 £75,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Aspen Woolf. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Aspen Woolf for full details and further information.