Summary - UNIT 6, RIVERSIDE PLACE, BRIDGEWATER ROAD LS9 0RQ
2 bed 2 bath Apartment
Turnkey, high‑spec let-ready flat with secured parking and long lease.
Allocated gated parking space included
High-spec open-plan living and integrated appliances
Electric car charging points on site
999-year lease — long leasehold security
Advertised 6% net yield for investors
Service charge approx £1,985 pa affects net returns
Located in a very deprived area with high local crime
Marketed for investors only — not suitable for immediate owner-occupation
This newly built two-bedroom apartment in LS9 offers turnkey, open-plan city living designed for buy‑to‑let investors. Finished to a high specification with integrated white goods, engineered wood floors and dual-aspect natural light, the flat is ready for immediate furnishing and letting.
The development provides gated access, allocated parking, video entry, communal garden and electric car charging — features that appeal to modern tenants and support rental desirability. The long 999-year lease reduces long-term leasehold risk and the seller cites an expected net yield around 6% for an investor purchase.
Buyers should weigh location and running costs alongside rental potential. The property sits in a very deprived neighbourhood with high local crime levels; this can affect tenant demand and insurance or management costs. The average service charge is approximately £1,985 per year, which impacts net returns and should be factored into yield calculations.
Overall this is a practical, low‑maintenance investment aimed at investors seeking an immediate income-producing asset close to Leeds city-centre amenities and waterfront attractions. Conduct local rental market checks and full due diligence on service charge, management arrangements and tenant demand before purchase.
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