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Agent's details

Property agent
Alex Willis

Boston Exchange & 83 Cardigan Lane

For sale: £9,400,000.00|1,498 Sq Ft|Residential

Property details

FOR SALE£9,400,000.00
SIZE1,498 Sq Ft
ADDRESSBoston Exchange & 83 Cardigan Lane, Boston Exchange, Leeds, LS4 2AJ
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON13th September 2022


Key Points

  • Rare opportunity to acquire two recently constructed and income producing freehold residential investments in north Leeds
  • 12 houses comprising 4 five beds and 8 six beds
  • Unbroken block of 22 self contained apartments comprising 18 studios and 4 one beds
  • Constructed to a high standard and specifically designed for students and young professionals
  • Fully let for 2018/19
  • 34 lettings on Assured Shorthold Tenancies
  • Projected 2018/19 gross annual rental income circa £611,856
  • Circa £16,000 increase on 2017/18 gross annual rental income
  • Attractive location for both students and young professionals in close proximity to Universities
  • Leeds City Centre and Headingley town centre as well as Burley Park and Headingley train stations
  • Summary

    Newly Constructed and Income Producing Residential Investments in Leeds


    83 Cardigan Lane comprises a block of 18 studio and 4 one bed apartments plus car parking constructed in 2016. All of the apartments are let on Assured Shorthold Tenancies.

    Located to the west of Cardigan Lane, 83 Cardigan Lane is close to Burley Park and Burley Park Train Station. The surrounding area is predominantly residential with local amenities including The Co-op and Sainsbury's (both within 400 m).

    Boston Exchange comprises 12 HMO licensed five and six bedroom houses all let on Assured Shorthold Tenancies, with car parking, private gardens and a woodland area to the south.

    Located to the west of St Ann’s Lane and south of St Ann’s Close, Boston Exchange is close to both Burley Park and Headingley Train Stations. Again, the surrounding area is predominantly residential, with Headingley Stadium, Yorkshire County Cricket Club, Kirkstall Leisure Centre and Morrisons all within a short walk.
    Both of the properties are a circa 20 minute walk from the retail and leisure centre of Headingley, The University of Leeds and Leeds Beckett University’s City Centre and Headingley Campus’. Leeds City Centre is a short bus or train journey from both properties, where direct rail links are available to London (circa 2 hours), as well as Manchester, Newcastle, York, Edinburgh, Sheffield, Hull and a number of other major town and cities.


    Location: Boston Exchange & 83 Cardigan Lane, Boston Exchange, Leeds, LS4 2AJ

    Headingley (0.3 miles)

    Burley Park (0.6 miles)

    Bramley (2.1 miles)

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