Convenient, long-lease apartment near universities and hospitals for strong rental demand.
Ground-floor one-bedroom apartment with open-plan living/kitchen
Integrated kitchen appliances including dishwasher and washer
Long lease (978 years); low ground rent £200 annually
Communal lawned garden and secure entry system
On-street parking with residents' permits only
Service charge around £1,864 per year
Electric room heaters — higher running costs than gas central heating
Area recorded as very high crime — consider security/insurance costs
A ground-floor one-bedroom apartment set back from picturesque Hanover Square, offered with no onward chain. The open-plan living, dining and kitchen layout includes integrated appliances and ample space for rental or resale appeal. A communal lawned garden and secure entry add to convenience for tenants or short-let guests.
The property sits within a predominantly student neighbourhood close to Leeds city centre, major hospitals and universities — a location that supports strong demand for rental occupation. The long lease (978 years) and modest ground rent are attractive ownership features; service charges average £1,864 per year and should be factored into returns.
Buyers should note the apartment uses electric room heaters rather than a mains gas central system, which may increase running costs and affect appeal for some tenants. Crime levels in the area are described as very high; prospective purchasers should consider security measures and insurance costs when assessing rental yields.
Overall this apartment suits investors or buyers seeking a convenient city-base near universities and hospitals. It offers immediate occupancy potential thanks to good presentation and integrated fittings, but total costs and local safety considerations should be weighed alongside location advantages.
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