We are delighted to bring our investors this fabulous 'Off-Plan' opportunity to purchase spacious 2 bed, 2 bath, 3 storey townhouses within the Identity development, in the lovely Leeds suburb of Seacroft. Available for only £163,500, these properties are targeted to be build complete Q1 2024.
Seacroft is just 4 miles from Leeds city centre and conveniently situated near great motorway links, with ample amenities close by.
Identity is just a stones throw from Ambition - another of our proven, successful Strata developments. To read our success story, please click here.
The Livorno 2 bed, 2 bath, 3 storey townhouses will once again be popular with our investors. Properties will be built to a high specification and include flooring, turf and fencing, and allocated parking.
Rental demand for the Livorno in this area of Leeds has been high, with tenants in situ soon after completion. Rental amounts achieved have been at our top-end prediction of £750pcm. Looking ahead, the letting agent is confident that by 2024, rental amounts should increase up to £795pcm
According to our rental partner, Leef Properties, based on £795pcm these properties will achieve a fantastic rental yield of up to 5.8% and have the potential to generate a monthly surplus income of up to £519.45, equating to a return on deposit funds invested of up to 15.2%;
Leef Properties have been thoroughly impressed with nearby Ambition. They state that as to be expected from a National Developer, the properties are finished to a high standard. The location is excellent, close to Leeds city centre, St James Hospital and major motorway links, which is appealing to young families and professionals. They are confident of their rentability.
Reasons to Invest
- Built by National Developer, Strata Homes;
- Proven successful location and house type – The Livorno;
- £16,500 discount off list price;
- High rental demand area, just 4 miles from Leeds city centre;
- According to Hometrack’s latest report, Leeds has experienced growth of 6.1% in the past 12 months;
- Predicted rental yields of up to 5.8%;
- Close to The University of Leeds (5 miles);
- Close to St James University Hospital (3.7 miles);
- Potential to generate a monthly surplus income of up to £519.45, equating to a return on deposit funds invested of up to 15.2%;
- Each property comes with allocated parking for 1 vehicle;
- Quality flooring, turf and railing are included in our discounted price;
- 10 Year NHBC Buildmark Warranty & 2 Year defects cover;
- Great access to major Motorways, including the M1, A1(M), M62 and M621.
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