City-centre modern apartment with investment potential and sizeable floor area.
- New-build one-bedroom apartment with modern high-spec finish
- Large overall size for a one-bedroom: 762 sq ft
- Close to Victoria Quarter, SOYO and city-centre amenities
- Limited off-street parking; bicycle storage provided
- Developer reports 6.5% net yield for first two years
- Medium flood risk; confirm flood cover and insurance cost
- Very high local crime and very deprived area status
- Tenure unspecified; check lease length and service charges
This one-bedroom new-build apartment at Mabgate Gateway places you in the heart of Leeds with a contemporary interior and sizeable overall floor area. Built as part of a 33-apartment development, the property offers high-spec finishes, cycle storage provision and limited off-street parking — practical for city living and rental demand.
The development is positioned close to major retail and leisure hubs, including the Victoria Quarter and SOYO, benefiting from ongoing local investment. The developer reports a projected net yield of 6.5% for the first two years, making this attractive for purchase as an income-producing asset.
Buyers should be aware of material local considerations: the neighbourhood is classified as very deprived with very high recorded crime and a medium flooding risk. Tenure is not stated and parking is limited; these factors may affect mortgage offers, insurance and long-term running costs.
Overall, this apartment suits investors seeking city-centre stock with strong rental demand or buyers wanting a modern, low-maintenance base in Leeds. The property’s modern specification and central location are clear strengths, but purchasers must factor in local social and environmental risks and confirm tenure and service-charge details before committing.
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