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    Church Court, Morley

    Offers In Region of £130,000Leasehold

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    Estimated Monthly Mortgage Payment:
    £618 /mo.25 Years, 4% Interest
    Loan
    £117,000
    Total Repay
    £185,271

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    Church Court, Morley

    Offers In Region of £130,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:£972 per year
    Ground rent:£0 per year
    Time remaining on lease:999 years
    Council tax band:A
    Broadband:up to 80Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    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!

    Description

    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%

    Morley Victoria Primary School
    (0.19 miles)
    Outstanding
    Number of pupils: 470
    Age Range: 3 - 11
    Seven Hills Primary School
    (0.32 miles)
    Good
    Number of pupils: 443
    Age Range: 3 - 11
    Churwell Primary School
    (0.36 miles)
    Good
    Number of pupils: 455
    Age Range: 3 - 11
    St Francis Catholic Primary School, Morley
    (0.5 miles)
    Good
    Number of pupils: 231
    Age Range: 3 - 11
    Asquith Primary School
    (0.51 miles)
    Good
    Number of pupils: 413
    Age Range: 3 - 11
    Queenswood School
    (0.54 miles)
    Good
    Number of pupils: 16
    Age Range: 4 - 11
    The Morley Academy
    (0.57 miles)
    Outstanding
    Number of pupils: 1521
    Age Range: 11 - 18
    Morley Newlands Academy
    (0.82 miles)
    Outstanding
    Number of pupils: 696
    Age Range: 3 - 11
    Bruntcliffe Academy
    (0.89 miles)
    Good
    Number of pupils: 1007
    Age Range: 11 - 16
    Fountain Primary School
    (0.94 miles)
    Good
    Number of pupils: 421
    Age Range: 3 - 11