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    Prices: £160,000

    Yield: 6.6%

    Completion Date: Completed

    Lease Length: 250 Years

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      About

      Occupying a fantastic location in Chapel Allerton is Newton Lofts. Originally a large
      pair of stone built Victorian residences, Aspin-Hall Developments have skillfully
      converted the properties into 15 individual apartments. With accommodation
      over 4 floors, each apartment has been designed to maximise natural light with
      many enjoying views over the wooded garden to the rear.

      With a choice of three 2 bedroom and twelve 1 bedroom apartments, each benefits
      from gas fired central heating and sealed unit double glazing. Many apartments
      have retained original features including bay windows, shutters to principal
      windows and generous floor to ceiling heights emphasising the best of Victoriana.
      This is combined with fitted kitchens with built in appliances and contemporary
      bathrooms or shower rooms. A private drive with electric gates leads to 15 car
      parking spaces. The site slopes gently to the rear, to a communal wooded garden
      affording privacy.

      Furthermore, Newton Lofts offers you an investment opportunity unlike many
      seen in Leeds. As a Victorian building its desirability will ensure price growth and
      a line of potential suiters. Benefitting also from a sought after location we expect
      the rental demand to be very high and prospective yields attractive. Low ground
      rent and service charges also mean you can maximise profits when purchasing in
      this beautiful building.

      Important Details:

      • Prices from only £160,000
      • Rental Yields of up to 6.6%
      • Low ground rent and service charges
      • 250-year lease
      • First-class renovation of stunning Victorian property
      • Exceptional location

      Location

      Newton Lofts are only a short walk from the extremely popular suburban town of Chapel Allerton. With its boutique cafes, trendy bars and an abundance of local independent shops it is easy to see why the area is hailed as one of the nicest areas
      of Leeds. Large green spaces are dotted around a thriving high street where people
      enjoy socialising in one of the many terraces the area has to offer.

       

      It is not just the locals that have fallen in love with the charm of Chapel Allerton. In
      2018, The Sunday Times named it in its best places to live guide, labelling it one of the
      best places to live in the UK. This has not gone unnoticed and the property market
      has been thriving for the last five years with people queuing up to live there.

       

      Furthermore, this suburban gem is only a 10-minute drive from Leeds’ vibrant city
      centre and benefits from fantastic transport links into the West Yorkshire Powerhouse.
      With the monumental events that have unfolded in 2020 people have come to realise
      the importance of outdoor space. Across the UK, the excitement of city centre living
      has been replaced with a want to live in an area that offers an alternative to high
      rise buildings. Balconies replaced with gardens; shopping replaced with park walks.
      Chapel Allerton provides its residents with a short commute into to the city centre
      but also an escape from the hustle and bustle in the evenings and weekends. It really
      is the best of both worlds.

      Leeds

       LS7 4HZ
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