Summary - Plot 306 Water Lane, Leeds LS11 9YW
2 bed 1 bath Apartment
Off-plan, high-spec rental unit in central Leeds ideal for portfolio growth.
- New-build two-bedroom apartment, completion 2027 and high-spec finishes
- 616 sq ft; compact, efficiently planned city-centre layout
- Leasehold with 999 years remaining
- Service charge approx £1,847 per year
- Flexible payment plan available for investors
- No private outdoor space; communal-only external amenity
- Slow broadband speeds locally may deter some tenants
- Excellent walkable access to Leeds Train Station (approx 8 minutes)
This two-bedroom new-build apartment at Plot 306 Water Lane, Leeds, is offered as an investor-focused off-plan opportunity with completion scheduled for 2027. The scheme promises high-spec fittings, integrated kitchens and contemporary finishes aimed at professional tenants and city-centre renters, with Leeds Train Station an estimated eight-minute walk away. The 616 sq ft layout is compact but efficiently planned for strong lettability in a central location.
Key financial and practical facts are clear: tenure is leasehold (999 years) and the annual service charge is estimated at £1,847. A flexible payment plan is available, but buyers should plan for the delayed completion date and associated holding costs until 2027. Broadband provision in the area is currently slow, which may affect some tenants’ preferences.
The apartment suits investors targeting rental demand from commuters, young professionals and the city-centre market in LS11. There is no private outdoor space; external amenity is limited to communal areas within the development. Crime levels are low and transport links are excellent, supporting steady rental demand and potential capital growth as Leeds’s central housing market continues to strengthen.
View this as a turnkey addition to a rental portfolio rather than a homeowner move; the property’s new-build specification and central location are strengths, while the leasehold status, service charge and slow local broadband are material considerations for purchase costs and tenant targeting.
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