The Lettings Club

4th Floor,
9 - 11 Sunbridge Road,
Bradford
West Yorkshire
BD1 2AZ

Church Court, Morley

Offers in the region of £130,000

1 Bedroom Apartment

READY MADE INVESTMENT PROPERTY
One bedroom
Parking space
Sold furnished
Recently completed building
Peppercorn leasehold
Long lease
5.1% NET yield as a hands-off investment
A short walk from Morley town centre
Invest today!

ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Tenanted Property Sales are delighted to offer to market this tenanted one bedroom apartment in this recently completed development in Morley, Church Court. Providing super-convenient access into both Morley as well as Leeds City Centre, the development offers a great opportunity to invest into Leeds’ fast growing property market for an affordable price tag. The apartment includes added benefits of a recently fitted furniture pack as well as one parking space.

A look inside the property:

The apartment briefly comprises; Entrance hallway leading into all rooms, open plan kitchen // living space, master bedroom and a shower room. There is 1 allocated parking space included with this apartment.

Location:

Morley is fast becoming one of the most popular investment hotspots in Leeds. It’s fantastic range of amenities, easy access to motorway networks, and community feel, is attracting a range of tenants to the area creating a strong demand for property.

With community at the heart of the town, Morley has seen recent improvements worth £24 million to benefit it and entice its growth. This includes making the high street pedestrianised to lower pollution levels and open its space. It allows shops to spill out into the street, both paying tribute to Morley’s heritage and welcoming shoppers who are free to meander the road, almost like a plaza, on the way to the town centre.

As Leeds city centres property market continues to expand we are likely to see an influx of residents looking to the city’s boroughs and suburbs for more affordable and quieter living, with flexible and accessible commutes. Morley ticks every box in this regard and is likely to be one of the first locations on peoples wish list.

Points of interest:

Morley town centre - 0.6 miles
Morley train station - 0.5 miles
White Rose Shopping Centre - 1.9 miles
Leeds - 4.6 miles
Bradford - 8.5 miles
Manchester - 40 miles

Financial breakdown:

Occupancy: Tenanted
Tenure: Leasehold (Approx. 999 years remaining)
Gross rent: £8,700
Gross yield: 6.7%

Service charge: Approx. £972 PA
Ground rent: Approx. £0 PA
Lettings management: £1096 PA

Approx. NET income: £6632 PA
NET yield: 5.1%

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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