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For Sale

£120,000 Guide price

The Avenue, Richmond Hill, Leeds, LS9

1 bed
1 bath
1 reception

A well-presented one bedroom apartment within the sought-after Saxton development on The Avenue, ideally suited to investors seeking a ready-to-go buy-to-let with strong yields, excellent tenant demand and comprehensive on-site amenities included within the service charge.

Key features

  • Chain Free
  • Gross yield of 8%
  • Prime city centre location on The Avenue
  • Views over private landscaped communal gardens
  • On-site gym
  • Allotment plot available to transfer
  • 50% Shared ownership available
  • EWS1 compliant
  • Parking space available to rent
  • Secure gated development

Full property description

Positioned within a secure, gated development on The Avenue, this well-maintained apartment represents a turnkey addition to any residential property portfolio.

The layout features an open-plan kitchen and living space, equipped with integrated appliances and illuminated by floor-to-ceiling windows that overlook the landscaped communal grounds. The accommodation includes a well-proportioned double bedroom and a contemporary bathroom, coming part-furnished to minimize downtime between tenancies and streamline the onboarding process for incoming landlords.

Saxton developments are highly sought after by tenants due to comprehensive on-site amenities included within the service charge, such as a residents' gym, secure bike storage, lift access, video intercom entry, and a dedicated building manager on-site from Monday to Friday. Furthermore, the property includes access to communal gardens with a BBQ area and a transferable allotment plot (£20/year), enhancing tenant retention and lifestyle appeal.

This apartment on The Avenue presents a compelling proposition for residential buy-to-let investors seeking an attractive gross rental yield. The property delivers strong returns that significantly outperform many traditional suburban alternatives

AI has been used for staging to potential.

Service charge: £2,637 per annum. Ground rent: £105 per annum. Council Tax: Band B. EWS1: Compliant.

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