Victoria House is a new low entry level residential investment opportunity and will provide investors with an opportunity to own a contemporary apartment within Leeds city centre. over 124,000 people work in financial and business services in Leeds, the largest number of any UK city outside London.
Victoria House is a new low entry level residential investment opportunity and will provide investors with an opportunity to own a contemporary apartment within Leeds city centre. over 124,000 people work in financial and business services in Leeds, the largest number of any UK city outside London. the strength of the economy is also indicated by the low unemployment rate. Plus there are 3 universities around, and over 52,000 students. Universities in Leeds can only supply accommodation for 24% student. this is the perfect opportunity to tap into at the key workers, post graduates and young professionals who want to live and work within the city centre in need of high quality and contemporary residential accommodation.
Fully managed by Morgan city Living who are a well established city centre letting and management company, Victoria House represents a hands off investment opportunity with a net yield of 8% which is assured for 3 years.
Leeds is ranked as the 4th largest retail city in the UK with over 40,000 people employed within the retail sector alone. trinity Leeds shopping and leisure complex was completed in 2013 and provides over 1 million square foot of retail and leisure space and attracts more than 5.5 million people annually. Victoria Gate a £150m shopping and leisure complex is currently on site and due to be completed in august 2016 and is located within a 5 minute walk of Victoria House.
Victoria House with its excellent central location, will provide affordable, high quality and contemporary accommodation and will be aimed at key workers, post graduates and young professionals who want to live and work within the city centre.
Victoria House also benefits from excellent on-site facilities including a private residents' garden featuring comfortable outdoor seating, ping pong tables and a basketball court.
Victoria House also has the benefit of cctV and an on-site concierge for added security.
The development offers a range of apartment types from Studio, 1 bedroom and 2 bedroom, which will be sold with the option of high quality contemporary furniture packs suited to the city living lifestyle.
Victoria House offers investors an opportunity to purchase prime city centre apartments at a significant discount from today's market values and this investment is income generating from day one with 4% interest paid on deposited funds with a net 8% yield achieved upon completion.
With over 106,000 companies generating 5% of England's total economic output of £60.5 billion, the Leeds city region is an emerging global economic powerhouse. in fact the Leeds city region economy alone is bigger than nine European countries.
as the UK's largest city region outside our nation's capital, we offer an independently successful economic centre that's unique in its own right. Especially in core growth sectors like our £13 billion Financial and Professional Services and £7 billion Manufacturing sectors.
Where is Victoria house located?
2 Skinner Lane, Leeds LS7 1AR
When will the building be completed?
Am i buying as freehold or leasehold?
250 years leasehold
Is a furniture pack available?
Furniture packs can be purchased with £2,500 incl VAT for studios, £3,000 incl VAT for 1-bedroom, and £4,000 incl VAT for 2-bedroom
How much is the ground Rent?
Any building warranty?
Who will be the management Company?
Morgan City Living