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Sold 1 Bedroom 1 Bathroom 1 Reception From £52,995

Servia Road, Leeds, LS7 - From £52,995

  • Investment Opportunity
  • Buy-to-Let Student Accommodation
  • Assured NET yield of 8% for 3 years
  • Leeds is home to two of the largest universities in the UK
  • Market of over 60,000 potential student tenants
  • Completion due Spring 2017

AUSTIN HALL & ASQUITH HOUSE | STUDENT ACCOMMODATION

Standing side by side, Austin Hall and Asquith House are purpose built, off-plan developments comprising of a total of 298 en-suite bedrooms and studios over six levels.

Austin Hall has 114 en-suite bedrooms and 28 studios and Asquith House has 128 en-suite bedrooms and 28 studios. All student bedrooms are arranged in apartments of four and six bedrooms, each sharing a communal area complete with kitchen, dining area and lounge.

Situated on Servia Road in a prominent student hotspot, the site is a convenient five minute walk to The University of Leeds and Leeds Metropolitan University campuses and just a ten minute walk into the city centre.

Being so close to both main university campuses, students will benefit from living and studying within a thriving student hub with an abundance of cafes, bars, restaurants and shops.

Austin Hall and Asquith House are certainly the ideal base for students to live and enjoy the best of student living.

INVESTMENT OVERVIEW

* Assured NET yield of 8% for 3 years*

* 298 student bedrooms over 2 blocks

* Completion due Spring 2017

* Quality furniture and fittings

* On-site laundry facilities

* Fantastic Leeds location near to all 3 Universities


AVAILBILITY - Completion is due imminently with only a few units remaining.

Austen House

unit 101 from £56,800

unit 114 from £56,800

unit 119 from £78,745

unit 305 from £74,995

unit 320 from £52,995

unit 505 from £74,995

unit 617 from £57,995

unit 807 from £52,995

Asquith House

unit 109 from £56,995


PAYMENT PROCESS

* Complete a Reservation Agreement and pay a reservation fee of £3,000 to reserve your apartment and car parking space.

* Upon exchange pay 50% (less the reservation fee)

* A stage payment of 30% and a final payment of 20% on completion.

The lease is 999 years and the ground rent is £500 per annum.

...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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This property is currently Sold. However, register your details below and we will contact you if it becomes available again.
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