Off‑plan city centre apartment ideal for rental investors seeking growth.
Two-bedroom new‑build apartment in Temple Yard, Leeds
Off‑plan investment with strong tenant demand and commuter appeal
Price £235,950; average annual service charge £2,612
Leasehold with 999 years remaining; sold to investors only
Compact/medium internal size; one bathroom, no private outdoor space
Located in major regeneration zone near Leeds Train Station
Area profile: cosmopolitan student neighbourhoods and migrant families
Off‑plan completion risk and holding costs to be considered
This two-bedroom apartment at Temple Yard, Water Lane, Leeds offers a turnkey off-plan investment in a major South Bank regeneration zone. Designed with contemporary finishes and open‑plan living, it targets strong city‑centre rental demand from professionals and students alike. With 999 years remaining and new‑build specification, it promises straightforward tenancy appeal and potential capital growth as the area develops.
Key financials are transparent: the advertised price is £235,950 and the average service charge is circa £2,612 per year. The plot is leasehold and sold as an off‑plan purchase — investors should allow for typical development lead times and consider completion risk and interim finance or holding costs. The accommodation is compact to medium in size, with one bathroom and no private outdoor space, so yields will reflect city‑centre apartment norms.
Temple Yard benefits from excellent transport links, proximity to Leeds Train Station, fast broadband and strong mobile signal, plus extensive local amenities and cultural attractions that support lettings. The local profile (cosmopolitan student neighbourhoods and migrant families) means steady tenant demand but also indicates the likely tenant mix and rental strategy. Buyers should factor in service charges and management arrangements when modelling returns.
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