Winker Green

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

Parking

Major regeneration area

Excellent commuter links

Planned bistro & mill pond feature

1.5 miles from City Centre

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.

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

Studio & 1 bed apartments from 50,000Developers list price from 85,000

Discounts of 41%-45% Yields


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Location


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Property Price Trends

Acorn Area Classification

Family income HighInterest in current affairs Very HighHousing - with mortgage MediumEducated - to degree level Very HighCouples with children Very LowHave satellite TV Very Low

TRANSPORT MODE LOCATION MILES

Railway Station Burley Park 1.09 milesCoach station Leeds 2.30 milesAirport Leeds/Bradford International Airport 5.59 milesFerry Port Hull 54.26 miles

www.upmystreet.com


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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 frontof the mill some new build apartments are planned but again keeping the architecture in line with its sistermill. The old mill pond will also be restored to offer beautiful picturesque views and a place of tranquilityfor 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 tothe site / complex. The site is a short walk to Goss Park that offers a variety of summertime activities.


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Prices and Availability

PlotNo

Block Name Type Floor BathsFloor

Areaft

ListPrice

DiscountPurchase

PriceRentPCM

YieldCompdate

1 Stanningley Place STU 1 1 483 85,000 41.18% 50,000 400 9.6% Sep

2 Stanningley Place STU 1 1 483 85,000 41.18% 50,000 400 9.6% Sep

65 Teasel Row 1 bed apt 0 1 503 99,950 44.97% 55,000 450 9.8% 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


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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


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

Financial Illustrations

Plots 1 & 2 Stanningley Place

Developers list price 85,000.00

Discount % 41.18

Purchase price 50,000.00

Reservation

Reservation deposit 1,000.00 Deducted upon exchangeTotal On Reservation 1,000.00

Fees

Searches (approx) 320.00

Valuation Fee (approx depending on lender) 400.00

Exchange

Exchange deposit @ 10% 5,000.00

Return of 1,000 reservation fee -1,000.00

Balance of funds to exchange 4,000.00

Buy-To-Let MortgagePurchase Price 50,000.00

Mortgage at 70% 40,000.00

Completion

Stamp Duty Exempt 0.00

Finance and Legal fees (approx) 1,280.00 Lender fees may also be applicable

Completion deposit 10,000.00

Total Payments At Completion 11,280.00

Total Cash Outlay To Purchase 17,000.00

Equity in property 45,000.00Monthly Interest Payment 119.67 3.59%* interest rate (subject to status and availability)

Rental pcm 400

Monthly income 280.33 Management agent fees may also be payable


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Plot 65 Teasel Row

Developers list price 99,950.00

Discount % 44.97

Purchase price 55,000.00

Reservation

Reservation deposit 1,000.00 Deducted upon exchange

Total On Reservation 1,000.00

Fees

Searches (approx) 320.00

Valuation Fee (approx depending on lender) 400.00

Exchange

Exchange deposit @ 10% 5,500.00

Return of 1,000 reservation fee -1,000.00

Balance of funds to exchange 4,500.00

Buy-To-Let Mortgage

Purchase Price 55,000.00

Mortgage at 70% 44,000.00

Completion

Stamp Duty Exempt 0.00

Finance and Legal fees (approx) 1,280.00 Lender fees may also be applicable

Completion deposit 11,000.00

Total Payments At Completion 12,280.00

Total Cash Outlay To Purchase 18,500.00

Equity in property 55,950.00

Monthly Interest Payment 131.63 3.59%* interest rate (subject to status and availability)

Rental pcm 450

Monthly income 318.37 Management agent fees may also be payable

The above cash flow examples are for illustration purposes only and do not constitute financial advice orguarantees. 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 afinancial advisor or mortgage broker. You must take independent financial and legal advice beforepurchasing any property. The price and value of any property and income can decrease as well asincrease. Your investment is at risk if you do not keep up payments on a mortgage or any other loansecured on it.


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Terms and Conditions

1. The Purchaser understands that this does not form a contract of purchase and that all purchasecontracts 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 themarket.

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 notprogress 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 andreasonable progress to exchange on the date set The Purchaser understands that bothBroadgate Residential Investments Ltd and the vendor may re-offer the property to the openmarket and the reservation fee and arrangement fee will remain non-refundable

5. The Purchaser understands that exchange and completion deposits are payable to his/hersolicitor and not to Broadgate Residential Investments Ltd.

6. The Purchaser understands that Broadgate Residential Investments Ltd has no control overinterest rates and the availability of mortgages.

7. The Purchaser understands that Broadgate Residential Investments Ltd may receive acommission 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 generalindication 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 partof the development for new properties. Particulars supplied in any information should not berelied upon as accurately describing any specific matters.

9. The Purchaser understands Broadgate Residential Investments cannot be responsible for theconstruction and finish of the property

10. The Purchaser understands that Broadgate Residential Investments cannot be responsible forthe services provided by recommended third parties.

11. The Purchaser understands that property values can decrease as well as increase. BroadgateResidential Investments Ltd makes no express or implied income claims. The Purchaserunderstands 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 suitableregulated sources.

BROADGATE RESIDENTIAL INVESTMENTS LTD, THEIR REPRESENTATIVES & ANY JOINTAGENTS GIVE NOTICE THAT:

Whilst Broadgate Residential Investments Ltd does its utmost to verify the contents of any printed orelectronic formatted document, they have no authority to make or give any representations orwarranties in relation to any property. Any particulars provided do not form any part of an offer orcontract 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 onlyand are not necessarily comprehensive.

Purchasers must satisfy themselves by survey or otherwise. Any particulars or plans provided areprepared from preliminary plans and specifications before completion of the properties are intendedonly as a guide. They may have changed during construction or finishes could vary. Prospectivepurchasers should not rely on this information but have their solicitor check the plans andspecifications attached to their contract.

Winker Green

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