Completed Serviced Apartments occupy a prime address in Leeds city centre, within walking distance of the university campuses, popular retail quarter, centres of employment and of course – the nationally renowned St James’s Hospital, one of the UK’s leading teaching hospitals. Furnished to a high standard, all the apartments enjoy air conditioning and guests can take advantage of the onsite facilities which include secure car parking, laundry, café, and super-fast broadband.
Introducing Serviced Apartments
A growing asset class with higher yields than traditional PRS and BTR assets.
In 2023 JLL predicts the Serviced Apartment market to grow exponentially, citing increased appetite for serviced apartments:
An asset class that can provide a hedge against inflation
An asset that can offer investors an underlying asset in a core or prime location
An asset class with an efficient operating model, particularly pertinent in a period of labour and utility market uncertainty
An asset class that offers a historically higher yield than the PRS and BTR sectors, making them more aligned with the hospitality sector 2023 forecasts showing Serviced Apartments outperforming the Hotel sector
An influx of institutional capital into the sector. The UK accounts for 47% of European transactions in serviced apartments
Completed and operational
85% Occupancy rate
The average length of stay is 3 months
Located in the Leeds City Centre
6% Net Guaranteed Returns for 5 Years
Close to University Hospital, Beckett University and Leeds Rail Station
Headquarters of Sky, PWC, KPMG, Labcorp, NHS Digital, Asda Group, First Direct, Channel 4and Zurich Financial Services are within 15 minutes of the drive.
999 years leasehold with zero ground rent
28th September 2023
Sign Up to our Newsletter
Join over 50,000 investors and receive our hot property deals, news articles, blogs, exclusive discounts, and new property launches before anyone else.