2 Bedrooms Flat for sale in Mabgate House, 53 - 59 Mabgate, Leeds LS9 | £ 209,995

Property Description

Overview Last remaining units at this fantastic development in Leeds City Centre; Mabgate Gateway has proven to be a highly successful and popular scheme.

The development is not to be missed; this apartment is one of the best in the whole building and has come back on the market by chance - it's a dumbbell style layout which means the unit has a very large living space, equal bedrooms either side of the living room and two bathrooms. Both bedrooms have access to a bathroom and there is no corridor space which means the living room feels huge!

Parking is also available at an additional cost of £15,000.

The development is situated in the Northern Quarter of Leeds City Centre where a number of developments are currently being built to compete with the growing demand for the area. Mabgate Gateway is not only a new build being completed to a fantastic specification, but it is also far cheaper on a pound per square foot basis than the local comparables being built nearby.

Positioned in a great location which is enjoying massive investment, Mabgate Gateway is within a 5 minute walk of the new prestigious Victoria Quarter shopping centre, which hosts names such as Harvey Nichols, Paul Smith and Vivienne Westwood as well as being home to the largest John Lewis store outside London.

The spec The apartment has been completed to an incredibly high specification, it includes:

• Full height tiling around bath, shower and wet rooms
• Half height tiling around WC
• Stylish bathrooms suites with shower trays
• Ladder style polished chrome, or equivalent, heated towel rail • Clean high spec kitchen • Built-in hob, extractor and oven
• Integrated fridge freezer, washer dryer and dishwasher
• Hardwood veneered, solid core entrance door with spy hole
• Hardwood veneered, or equivalent, internal doors throughout
• Brushed stainless steel and chrome ironmongery throughout
• Pendant lights to bedrooms and living areas
• 10 years CML complaint warranty
• Low energy LED downlights in kitchen, hallway and bathrooms
• Intercom entry system to each apartment
• Sliding wardrobes to bedroom 1
• Flooring provided to kitchen and wet areas
• On site bike storage

location The development is also minutes from the soyo redevelopment plans (SOuth of YOrk Road) with apartments, bars, restaurants, a hotel and public spaces being created. The Quarry Hill area of Leeds is set to undergo a "game-changing" transformation with a five year redevelopment programme worth in the region of £300m.

It is also less than 0.1 mile from the state of the art, Singapore funded Hampton by Hilton By Hilton site. This is a 192 room, 14 storey hotel which is due to be the highest specification hotel in Leeds. Work has already begun and should be completed by mid 2019.

High demand Would be an ideal purchase for an owner occupier or first time buyer as there is no chain and is vacant. There are a number of first time buyers in the block already and we anticipate this creating a real sense of community within the project.

Consumables Would rent at £1050pcm / £12,600 pa

Gross Yield of 6%

Service Charge: £1201

Ground Rent: £250

Net Yield: 5.45%

register your interest Call North Property Group today on in order not to miss out!

Property Location

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