Winker Green, Eyers Mill Side, Armley, Leeds, LS12 3DH

These properties are available as an investment or to buy to live in

Studio & 1 bed apartments from Developers list price from Discounts of Yields

50,000 85,000 41%-45% 9.6%-9.8%

Parking

Planned bistro & mill pond feature

Major regeneration area

1.5 miles from City Centre

Excellent commuter links

10 year NHBC

The due diligence in this brochure is offered to you as a guide. Do not buy investment property without carrying out due diligence of your own.

Location

Property Price Trends Acorn Area Classification

Family income Interest in current affairs Housing - with mortgage Educated - to degree level Couples with children Have satellite TV High Very High Medium Very High Very Low Very Low

TRANSPORT MODE Railway Station Coach station Airport Ferry Port

LOCATION Burley Park Leeds Leeds/Bradford International Airport Hull

MILES 1.09 miles 2.30 miles 5.59 miles 54.26 miles

www.upmystreet.com

Property Details

Images show indication of finish only and are not the properties being sold.

This ex textile mill is being converted to a high standard but still retaining its original features. To the front of the mill some new build apartments are planned but again keeping the architecture in line with its sister mill. The old mill pond will also be restored to offer beautiful picturesque views and a place of tranquility for all the tenants and owners to enjoy at their leisure For phase 2 a wine bar and bistro will be available in one of the out buildings offering a social aspect to the site / complex. The site is a short walk to Goss Park that offers a variety of summertime activities.

Prices and Availability

Plot No 1 2 65

Block Name Stanningley Place Stanningley Place Teasel Row

Type STU STU 1 bed apt

Floor 1 1 0

Baths 1 1 1

Floor Areaft 483 483 503

List Price 85,000 85,000 99,950

Discount 41.18% 41.18% 44.97%

Purchase Price 50,000 50,000 55,000

Rent PCM 400 400 450

Yield 9.6% 9.6% 9.8%

Comp date Sep Sep Nov

Address Eyers Mill Side, Armley Leeds LS12 3DH Deposit Simultaneous exchange and completion Kitchen Appliances included Oven hob and extractor Service charge Approx 71 pcm

Parking Each apartment has allocated parking Tenure Leasehold Term 125 years Ground rent 175 pa

Please be advised that The Lloyds Banking Group/HBOS will not permit lending on these sales, as they are not classed as open market sales.

Sales Comparables

www.nethouseprices.com

Rental Comparables
Investment points of note provided by local Sales & Letting agents: Very popular area with professionals who work in the city centre Easy access to M1, M62 and A1 Excellent public transport links into Leeds city centre Excellent local amenities on Armley high street Appeal to young professionals working in city centre

http://www.rightmove.co.uk

Martin & Co have given an estimate of 450 for a studio apartment. Contact Kate Richardson on 0113 245 7174

Financial Illustrations Plots 1 & 2 Stanningley Place

Developers list price

Discount % Purchase price

85,000.00 41.18 50,000.00

Reservation
Reservation deposit Total On Reservation 1,000.00 1,000.00 Deducted upon exchange

Fees
Searches (approx) Valuation Fee (approx depending on lender) 320.00 400.00

Exchange
Exchange deposit @ 10% Return of 1,000 reservation fee Balance of funds to exchange 5,000.00 -1,000.00 4,000.00

Buy-To-Let Mortgage
Purchase Price Mortgage at 70% 50,000.00 40,000.00

Completion
Stamp Duty Exempt Finance and Legal fees (approx) Completion deposit Total Payments At Completion 0.00 1,280.00 10,000.00 11,280.00 17,000.00 45,000.00 119.67 400 280.33 Management agent fees may also be payable 3.59%* interest rate (subject to status and availability) Lender fees may also be applicable

Total Cash Outlay To Purchase

Equity in property Monthly Interest Payment Rental pcm Monthly income

Plot 65 Teasel Row

Developers list price

Discount % Purchase price

99,950.00 44.97 55,000.00

Reservation
Reservation deposit Total On Reservation 1,000.00 1,000.00 Deducted upon exchange

Fees
Searches (approx) Valuation Fee (approx depending on lender) 320.00 400.00

Exchange
Exchange deposit @ 10% Return of 1,000 reservation fee Balance of funds to exchange 5,500.00 -1,000.00 4,500.00

Buy-To-Let Mortgage
Purchase Price Mortgage at 70% 55,000.00 44,000.00

Completion
Stamp Duty Exempt Finance and Legal fees (approx) Completion deposit Total Payments At Completion 0.00 1,280.00 11,000.00 12,280.00 18,500.00 55,950.00 131.63 450 318.37 Management agent fees may also be payable 3.59%* interest rate (subject to status and availability) Lender fees may also be applicable

Total Cash Outlay To Purchase

Equity in property Monthly Interest Payment Rental pcm Monthly income

The above cash flow examples are for illustration purposes only and do not constitute financial advice or guarantees. They form no contract. * Interest rates are FOR GUIDANCE ONLY and are subject to status. Interest rates may change at the discretion of the lender. Broadgate Residential Investments Ltd is not a financial advisor or mortgage broker. You must take independent financial and legal advice before purchasing any property. The price and value of any property and income can decrease as well as increase. Your investment is at risk if you do not keep up payments on a mortgage or any other loan secured on it.

Terms and Conditions

1. The Purchaser understands that this does not form a contract of purchase and that all purchase contracts will be provided by the vendor to the Purchasers solicitor. 2. The purchaser understands that a reservation fee of 1000 is required to take this property off the market. 3. The Purchaser understands that when reserving a property through Broadgate Residential Investments Ltd, any reservation fee required is non refundable unless the deal does not progress through no fault of the purchasers. 4. The Purchaser understands that the reservation fee reserves the property until the date of exchange outlined by the vendor. Should the purchaser not be seen to be making fair and reasonable progress to exchange on the date set The Purchaser understands that both Broadgate Residential Investments Ltd and the vendor may re-offer the property to the open market and the reservation fee and arrangement fee will remain non-refundable 5. The Purchaser understands that exchange and completion deposits are payable to his/her solicitor and not to Broadgate Residential Investments Ltd. 6. The Purchaser understands that Broadgate Residential Investments Ltd has no control over interest rates and the availability of mortgages. 7. The Purchaser understands that Broadgate Residential Investments Ltd may receive a commission payment from the vendor. 8. The Purchaser understands that the details contained in any information provided are for guidance only. Any photographs, illustrations, specifications, plans and sizes only give a general indication of the property. Developers operate a policy of continuous development and features, specifications and elevations treatments may vary. The vendor reserves the right to alter any part of the development for new properties. Particulars supplied in any information should not be relied upon as accurately describing any specific matters. 9. The Purchaser understands Broadgate Residential Investments cannot be responsible for the construction and finish of the property 10. The Purchaser understands that Broadgate Residential Investments cannot be responsible for the services provided by recommended third parties. 11. The Purchaser understands that property values can decrease as well as increase. Broadgate Residential Investments Ltd makes no express or implied income claims. The Purchaser understands that rental income achieved may not always match that predicted. 12. The Purchaser understands that the services of Broadgate Residential Investments Ltd are not regulated, we encourage all investors to seek appropriate financial and tax advice from suitable regulated sources. BROADGATE RESIDENTIAL INVESTMENTS LTD, THEIR REPRESENTATIVES & ANY JOINT AGENTS GIVE NOTICE THAT: Whilst Broadgate Residential Investments Ltd does its utmost to verify the contents of any printed or electronic formatted document, they have no authority to make or give any representations or warranties in relation to any property. Any particulars provided do not form any part of an offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. Any text, photographs and plans are for guidance only and are not necessarily comprehensive. Purchasers must satisfy themselves by survey or otherwise. Any particulars or plans provided are prepared from preliminary plans and specifications before completion of the properties are intended only as a guide. They may have changed during construction or finishes could vary. Prospective purchasers should not rely on this information but have their solicitor check the plans and specifications attached to their contract.

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