Join CityClub Today to Receive:

  • Priority access to exclusive off market investments
  • Below market value pricing
  • Out of hours investor support chat
  • Allocated solicitor for hands free conveyancing

    Prices: £109,950

    Yield: 7.3%

    Completion Date: Completed

    Request further details

      Prime Leeds Location!

      Old School House is a beautiful character conversion, situated in Morley. If you're after an immediate income generator - this investment is for you! There are 9 apartments (and 4 reservations have already been taken before launch). There are 8 two-bedroom apartments and only 1 one-bed apartment from £109,950.

      Investors can benefit from immediate income from the tenanted apartments and can achieve yields up to 7.3%.
      Limited availability - register your interest today and secure an apartment! 

      Important Details:

      • High yields of up to 7.3%
      • Deposit as low as £27,487.50
      • 8 out of 9 already tenanted
      • 15 minute drive to Leeds
      • 4 minute walk to Train Station

      Morley: Top 10 Places to Live in Leeds

      A Desirable Town

      Morley is located just a 15-minute drive from Leeds City Centre and was once an isolated village, however, now is the largest town in the Borough of Leeds. It is known for its good community and for holding events in the area, creating a better environment to live. Morley has been listed in the ‘Top 10 Places to Live in Leeds’ and property is usually quick to sell once on the market. It is quickly evolving into an investment hotspot. 

      Investing in suburban areas can be just as beneficial as city centres, due to great connectivity and opportunities, without paying city centre prices. Old School House is situated in a desirable location for students and young professionals as it has many local amenities within walking distance. Including a train station a 4-minute walk away, and with improving public transport the commutes to the centre are made simple. Old School House is located in a hub of connectivity, Morley has excellent connections to many locations. The development is also perfectly located between the M621 and M62 which are major roads leading to many other cities.

      morley

      Significant Potential for

      Capital Growth

      Morley has a large project called the Morley Town Deal which is a regeneration scheme to upgrade the town which is due to be completed in 2026. This scheme is a £24.3 million project to create new and improved travel accessibility. Upgraded routes around the town will improve access to existing roads. Public spaces and areas around Morley city centre will also undergo improvements. There will be significant upgrades to key developments of local parks, playgrounds, and public rights of way.

      Morley will also benefit from upcoming regeneration plans in Leeds including the plan for the innovation hub at White Rose Park. Which will be a purpose-designed facility with work, event, meeting and collaboration space. This development will be only a 7-minute drive from Morley. The project will further support the city’s growth and desirability for tenants. Connections between Morley Train Station, and the newly created White Rose Station will also be developed to link them together, making another access route to and from Morley. 

      Leeds city centre

      Leeds

       LS27 8QY
      Get directions

      Calculate Mortgage Repayments

      Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.

      Results

      Mortgage Value -

      Monthly Mortgage Repayment -

      Calculate Stamp Duty

      Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.

      Results

      Stamp Duty To Pay: -

      Effective Rate: -

      Rental Yield Calculator

      Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.

      Result

      Gross Yield: -

      Chat to us