AVA Residence, Leeds

Fully Ready & Tenanted, 7% Assured NET Yields for 5 Years

Modern Exterior

Fully built & tenanted property

Modern Interior

Fully fitted with luxury furniture

Modern En-suites

Fully fitted toilet and shower room

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In 2012, AVA Residence underwent full internal refurbishment and is now configured to provide a total of 25 en-suite bedrooms, 7 contemporary kitchens, dance studio, sitting rooms, laundry room and dedicated bicycle storage area.

Each bedroom is fully furnished with a bed, desk, wardrobe and a chest of drawers. Each en-suite is part tiled and comprises of a contemporary shower, wash basin, WC and chrome towel rail.

Investment Highlights
  • 8% assured NET rental returns for 2 years
  • Rental guarantee is renewable after 2 years
  • 195% Returns on Investment over 15 years period
  • Comprised of 25 fully-furnished en-suite rooms
  • Straight-forward purchase process

Reference: AVAResidence
Type: Student Accommodation
Bedrooms: En-suites/Studios
Tenure: 250 Years Leasehold

Each contemporary en-suite is fully furnished and completed to the highest specification, comprising:

Interior & Specifications
  • Toilet and en-suite shower room with modern fittings
  • High quality durable furniture including queen size bed, workstation, wardrobe units, bookcase
  • Free high-speed broadband
  • Wall hung flat screen 42”LED TV with built-in Freeview
  • Secure entrance doors to each en-suite
  • LED white lighting throughout the en suite to give it a contemporary warm atmosphere and save electricity
Reception / Communal
  • Lobby with 24-hour reception
  • Lounge Area with fresh new sofas
  • On site laundry room
Other Facilities
  • Fully fitted Kitchen, with fully integrated appliances including microwave, electric hob and fridge freezer, kettle and toaster
  • Table and chairs
  • High speed Wi-Fi Broadband Internet connection

The property is located on Hall Lane approx. 1.5 miles north of Leeds City Centre and more importantly, no further than 0.5 miles from The Northern School of Contemporary Dance (NSCD).

The surrounding area is predominantly residential, however there are a number of shops and amenities located within 0.7 miles along Harrogate Road / Chapel Town Road including LIDL supermarket.

Access to Leeds City Centre is afforded by a regular bus service south along Scott Hall Road (A61). Chapel Allerton, which is renowned for high end residential dwellings, trendy bars and cafés, is situated 1 mile north along Chapel Town Road. Chapel Allerton Hospital is situated just 0.5 miles east of the subject.

Universities & Colleges
  • Northern School of Contemporary Dance - 0.4 miles
  • Leeds College of Building - 1.0 miles
  • University of Leeds - 1.2 miles
  • Leeds Metropolitan University - 1.4 miles
  • Leeds College of Music - 1.5 miles
  • Leeds City College - 1.7 miles
Transport
  • Leeds Train Station - 1.8 miles
  • Burley Park Station - 2.0 miles
Hospital
  • Chapel Allerton Hospital - 0.7miles
Health & Fitness
  • The Gym- 1.7 miles
  • Pure Gym- 1.9 miles
Arts & Museum
  • Thackrays Medical Museum - 1.5 miles
  • West Yorkshire Playhouse - 1.7 miles
  • The Grand Theatre / Opera House - 1.7 miles
  • Leeds Art Gallery - 1.8 miles
Shopping
  • The Core - 1.4 miles
  • Leeds Outdoor Market - 1.6 miles
  • Leeds Kirkgate Market - 1.6 miles
  • Leeds Shopping Plaza - 1.6 miles
Attractions
  • Potternewton Park - 0.6 miles
  • O2 Academy Arena - 1.4 miles
  • Library - 1.5 miles
  • Town Hall - 1.6 miles
  • Leeds United Football Club - 2.8 miles

Reservation procedure

Step 1: Purchaser selects their chosen en-suite
Step 2: Pay 10% reservation fee
Step 3: Pay 90% upon exchange of contracts within 28 days
Step 4: Management Contract & welcome pack issued
Step 5: Start receiving income

 

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