Velocity North (1), Leeds

1 / 2
Acquired Feb 2017
Bedrooms 2
Bathrooms 2
Value £175,000
Monthly rent £825
Net rental yield 3.8%
Yield information

Velocity North (1) is a two-bedroom, two-bathroom apartment, just a ten minute walk from Leeds’ business district.

The Velocity development is one of the most sought after addresses in the city, with its proximity to Leeds train station and the M621 motorway providing an ideal base for commuters. Tenants can also enjoy easy access to the city centre as well as the River Aire and canal footpaths.

The apartment comes with a private balcony, on-site concierge and increasingly valuable city centre parking.

Part of the Regional Capitals fund

Properties 53
Portfolio value £9.9m
Gross rental income per month £48,322*
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The Riverside (1), Manchester
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and 42 other properties

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*Past performance is not a reliable indicator of future returns. Learn more about these figures.

Capital at risk

As with all investing, your capital is at risk. You may not be able to sell your investment within a reasonable timeframe. Investments are made through REITs. Rental yields and dividends may be lower than estimated.

You should note that tax treatment depends on the individual circumstances of each customer and may be subject to change in future. Bricklane does not give financial advice. If you are unsure about whether investment is right for you, you should seek independent advice before investing, including tax advice.