Working hours: Sun-Thu 9AM-6:30PM, Sat 10AM–3:30PM

Exciting opportunity in the Northern UK - City of Leeds

1 1 600.00
AED 759,000

Type:Apartment
Built Up Area:600.00
REF:MD-S-3621

Only 314 ,000 AED deposit needed and 7% rental guarantee for 24 months.

 


Located to the east of the city centre, Lucent Square is the first piece in a larger place-making development on East side of the city. Ideally located and only 5 minutes’ walk to the established Quarry House employment hub which is home to key government and cultural employers such as the Department of Work and Pensions Leeds, the Department of Health, BBC Yorkshire and Northern Ballet headquarters. As well as the gentrifying SOYO plan, a £300 million mixed use scheme that will bring a brand new energy to the east.

 

 

We work with UK-based mortgage brokers and management & letting companies and ensure that our clients have an end-to-end service, making the whole process much simpler.

 

 

  • 73.3% of households around the city centre are privately rented
    Over 50,000 new homes required to meet demand through until 2033
  • Large student population of 60 000 Students
  • Over 30 national and international banks within the city borders
  • 1 minute walk to the nearest bus stop
  • 5 minute walk to Quarry House - SOYO
  • 4 Minute bus to the Shopping Quarter
  • 5 minutes to Leeds train station

 

 

Mortgage:

 

 

  • Average Interest Rate is 3.7%
  • Loan to Value (LTV) is 65%

 

Key Facts:

 

 

  • Projected Rental Yields – 5.3% (after 24 month 7% rental guarantee)
  • 10-Year Returns without mortgage – 80.9%
  • 10-Year Returns with mortgage – 141.7%
Built In Wardrobes
Carpets
Central Air Conditioning
Central Heating
Community View
Fully Fitted Kitchen
Fully Furnished
Gymnasium
Intercom
Kitchen White Goods
Satellite/Cable TV
Upgraded Interior
Bank/ATM Facility
Bus Services
Business Center
Children's Nursery
Children's Play Area
Clubhouse
Communal Gardens
Concierge Service
Cycling Tracks
Fitness Center
Golf Club And Clubhouse
Laundry Service
Metro Station
Mosque
Polo Club And Clubhouse
Public Park
Public Parking
Public Transport
Recreational Facilities
Restaurants
School
Shopping Mall
Shops
Sports Academies
Walking Trails
Kika Pavese

+971 558239744

kika@mduae.net

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