Initial price	£119,950
12/08/24	£115,000
Price Change	-4.13%

This one-bedroom apartment is located in a modern development in Leeds, overlooking a roof garden and situated close to the city center, Victoria Gate, and Leeds Arena. The property is currently tenanted until April 2025, making it an attractive investment opportunity with a rental income of £800 per month and gross annual returns of 8%. The apartment features an open-plan living space with floor-to-ceiling windows, a modern kitchen with white gloss cabinetry, and a double bedroom with full-height windows. The property also includes a separate shower room and is located in a popular area with minimal void periods due to its proximity to universities, hospitals, and the city center. The development, Victoria House, is a modern complex completed in 2018, and the apartment is available on a leasehold basis with a remaining lease of 241 years. The annual service charge is £1,400 and the annual ground rent is £513, which is reviewed annually linked to RPI.