Bridge House

Leeds, Yorkshire

£85,000

  • Asking Price: £85,000
  • Rental Income of £8,700PA
  • Current Net Yield: 8.5%
  • 1 Bed Flat
  • Long Lease Remaining

For more information please contact our team:

0161 337 3890

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Property Overview

A modern one-bedroom apartment located in Leeds Southbank, just 3km south of the city centre. This spacious and well-presented property features an open-plan kitchen, dining area, and living room, all of which have a bright and airy feel throughout.

  • Kitchen: Contemporary fitted kitchen with built-in oven, electric hob, fridge, freezer, and generous cupboard/worktop space.

  • Bedroom: Spacious double bedroom with modern décor.

  • Additional Features:

    • Leasehold – 248 years remaining

    • Fully furnished, included in sale

    • Secure resident-only parking

    • Floor area: 377 sqft

Development Highlights

Bridge House is part of a sought-after development of 29 apartments across three storeys, designed for both comfort and convenience. Positioned in Leeds Southbank, one of the city’s fastest-growing regeneration areas, residents benefit from:

  • Excellent links to Leeds City Centre (3km away)

  • Peaceful suburban environment with easy access to shops, dining, and leisure

  • Strong rental demand from professionals seeking quality city-living close to amenities

Investment Information
  • Asking Price: £85,000

  • Current Rental Income: £725pcm (£8,700pa) – fixed until April 2026

  • Gross Yield: 10.2%

  • Service Charge: £1,400pa

  • Ground Rent: £108pa

  • Tenure: Leasehold (248 years remaining)

  • Parking: Tenant-only parking included

Why Invest in Leeds?

Leeds is the UK’s fastest-growing city outside London, with over 800,000 residents and one of the strongest regional economies in the country. Key reasons investors are flocking to Leeds include:

  • Population Growth: Expected to grow by 10% over the next decade, fuelling housing demand.

  • Rental Demand: Leeds has one of the highest rental growth rates in the UK, with average rents rising 7–9% annually in recent years.

  • Southbank Regeneration: £500m+ investment transforming Leeds Southbank into a vibrant business and residential hub, driving both rental appreciation and capital growth.

  • Job Market: A thriving economy supported by finance, digital, and creative industries, ensuring strong demand for quality rental properties.

Upside Potential
  • Rental Growth: Current rental agreements already achieve a strong yield, with potential for further increases upon renewal in April 2026.

  • Low Entry Point: At just £85,000, this property offers an affordable entry into one of the UK’s most promising investment markets

Summary

Flat 109, Bridge House, is a ready-made investment opportunity offering high rental yields, long leasehold security, and a prime location within one of Leeds’ most promising regeneration zones. With strong rental demand, future growth potential, and a fixed rental income in place, this apartment represents a fantastic addition to any investor’s portfolio.

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