Main features
- 8.57 % - Gross Yield
- One bedroom Apartment
- Cladding works to be completed soon - no cost to leaseholders
- Tenant and management company in situ
- Ideal investment!
X1 Sales & Lettings are pleased to offer this hands-off investment opportunity in the sought-after X1 Aire development near Leeds City Centre.
This spacious one-bedroom apartment is located on the second floor and is sold with a long-term tenant in situ, generating £750 per calendar month on a fixed-term tenancy until June 2026 — offering immediate income from day one.
Investment Highlights:
Rental Income: £750 pcm
Annual Gross Yield: 8.57%
Management Fee: 9% + VAT
Service Charge (2025): £1,671.72
Ground Rent: £300.00 per annum
EPC Rating: B
Council Tax: Band C
Preferred Buyer Type: Cash buyers (due to ongoing cladding works, at no cost to leaseholders)
This modern, fully furnished apartment features a large open-plan kitchen/living area, double bedroom, stylish bathroom, and utility space. Residents also benefit from 24/7 on-site gym access, making it attractive to working professionals.
Location:
Positioned just a short walk from Trinity Leeds, major employers, and cultural hotspots. Leeds Train Station is approx. 20 minutes on foot, and quick access to M1, M621 and M62 makes commuting easy.
Note: Cladding remediation works are currently underway but are fully funded and pose no financial liability to leaseholders.
SAMPLE PHOTOS USED – Viewings available by appointment.
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.