We are delighted to offer our investors this fantastic investment opportunity at Kudos in Seacroft, Leeds, targeted to complete Q2 2023. Kudos is close to Ambition - another of our proven, successful Strata developments.
Kudos is located in one of Seacroft’s most desirable areas just four miles from the city centre, which provides all the amenities of a city without the overcrowding. With a diverse community and a great proximity to neighbouring villages, Kudos in Seacroft will be an attractive and popular place to live, which is why predicted rental amounts are significantly higher than those for other Strata developments in Leeds.
Available for only £195,000, the Livorno 2 bed, 3 storey townhouses will once again be popular with our investors. Properties will be built to a high specification and include allocated parking.
Rental demand for the Livorno property type has been high across the board in Leeds, with tenants in situ soon after completion. The letting agent is confident that the properties at Kudos, thanks to the desirable location will be highly attractive with professionals and older families, and should achieve £925 - £975pcm, giving ross rental yields of up to 6%.
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, Seacroft Hospital and St James Hospital, and major motorway links, which is appealing to young families and professionals. They are therefore confident of their rentability.
Reasons to Invest
- Built by National Developer, Strata Homes;
- Proven successful location and house type – The Livorno;
- High rental demand area, just 4 miles from Leeds city centre;
- According to Hometrack’s latest report (June 2022), Leeds has experienced growth of 9.7% in the past 12 months;
- Predicted rental yields of up to 6%;
- Each property comes with allocated parking for 1 vehicle;
- Potential to generate a monthly surplus income of up to £415.4, equating to a return on deposit funds invested of up to 10.2%;
- Close to Seacroft Hospital (2 minutes walk), and St James University Hospital (11 minutes by car);
- Great access to major Motorways, including the M1, A1(M), M62 and M621;
- 10 year LABC Warranty & 2 year defects cover.
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