Turnkey one-bedroom with high yield and warranty, minutes from Leeds station.
South-facing Juliette balcony for strong natural light
A compact, south-facing one-bedroom apartment in a brand-new Springwell Gardens development, presented as a turnkey investment. The 371 sq ft open-plan layout includes integrated appliances, bespoke built-in storage and a Juliette balcony that brings generous light to the living space. The building is EWS1 compliant, covered by a Buildzone warranty, and offers communal terraces and landscaped gardens.
Financially this unit is aimed at hands-off buyers: the lease is long (999 years) and the advertised net rental yield is strong (approx. 7.5%, detailed information shows c.7.04%). Service charge is around £1,073 per year and ground rent is nil. Excellent transport links put Leeds Train Station a short walk away, supporting consistent tenant demand.
Be upfront about the limitations: the flat is small (371 sq ft) and heated by electric room heaters rather than gas, which may affect running costs. The property sits within an area recorded as very deprived, which can influence tenant profiles and long-term capital growth prospects. For investors seeking a city-centre, low-management rental with immediate income potential, this is a practical, ready-made option; buyers prioritising space, low energy bills or a different neighbourhood character should weigh those trade-offs carefully.
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