Fourth-floor, furnished investment near Leeds city centre and transport.
Advertised 8% gross rental yield
A compact, recently renovated one-bedroom apartment in Gateway South, offered with a strong advertised 8% gross yield. The 484 sq ft home sits on the fourth floor of a contemporary development close to Leeds city centre, transport links and city amenities. It is sold leasehold with 131 years remaining, currently furnished and let until 23 September 2025.
Buildings facilities include concierge and an on-site gym, with fast broadband and excellent mobile signal supporting city living and rental demand. Practical running costs to note: electric room heating and a quarterly service charge (approx. £500.93), plus a small ground rent of £250 with the next review in 2031.
This unit suits buy-to-let investors seeking immediate rental income and easy management from the on-site services. The apartment’s recent decoration reduces immediate refurbishment costs, and its proximity to universities and city employers supports tenant demand in this cosmopolitan, student-focused neighbourhood. Prospective buyers should factor ongoing service charges, electric heating costs and the existing tenancy when assessing net returns.
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