Buy to Let Property

Riverside Mills, Leeds

From: £142,500
Central Leeds location
Award Winning Development
Estimated completion Q4 2020
Potential for up to 8% net returns

Key Figures

£142,500
Starting Price

8%
Net Yield

Q1 2020
Completion Date

Property Summary

Riverside Mills is a new award-winning development in Leeds, mixing class with contemporary. Riverside Mills will comprise 74 one-and-two-bedroom apartments and is due to complete in Q4 of 2020. Prices start from £142,500 for a one-bedroom apartment. The development will see the sympathetic restoration of flax spinning mills which will be converted into apartments, adding character and heritage to the development.

Property Specification

Communal Areas

  • Floor: Carpet
  • Walls: Plasterboard and painted, with 100mm timber skirting Ceiling: Plasterboard and painted Doors: Panelled/flush doors with polished chrome ironmongery Lights:Low energy ceiling lights
  • Power Socket(s) Generous allocation of double sockets
  • Radiators(s): Electric heating with Frost Stat
  • Phone point: Entry Phone

Bathroom

  • Floor: Floor covering
  • Walls: Plasterboard and painted, to include some ceramic wall tiling around bath half tiling in other areas.
  • Ceiling: Plasterboard and painted
  • Doors: Panelled/flushed doors with polished chrome ironmongery
  • Lights: Chrome down lighters LV
  • Radiator(s): Heated towel rail
  • Fixture & fittings: 1 x Bath,1 x WC,1 x Wash hand basin,1 x Over the bath shower,1 x Shaver point,1 x Toothbrush charger,1 x Shower screen

Kitchen

  • Floor: Engineered Flooring
  • Walls: Plasterboard and painted, with 100mm timber skirting Ceiling: Plasterboard and painted
  • Lights: Chrome low voltage downlighters/pelmit lighting
  • Power Socket(s): 4 x double sockets
  • Radiator(s): None
  • Phone Point: No
  • Fixture & Fittings: Units to be designed and approved by Client,1 x Chimney hood ,1 x Stainless Steel Sink,1 x Fridge Freezer,1 x Slimline Dishwasher,1 x Washer/Dryer,1 x Oven/Hob

One Touch

The Numbers

Ground Rent:£295 p.a.

Number of Units:74

Service Charge:£667-992

Prices:From £142,500

Leasehold:250 years

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