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X1 South Bank

Leeds, United Kingdom


Invest from only:

£139,995.00

  • Phase 1 – 116 Apartments and 11 Townhouses
  • Up to 6% Net Yield
  • Well established developer
  • Estimated completion: Q3 2020
CALL +44 (0) 161 337 3890

X1 South Bank - Overview

Location
Leeds, United Kingdom
Bedrooms
1 / 2 / 3 / 3 bedrooms
Price
£139,995.00
Completion
Q3 2020
Rental Yield
Up to 6% Net Yield

X1 South Bank is set to become a premier residential development situated in central Leeds. X1 South Bank is the first of five phases, bringing a total of 928 residential apartments, offices, retail and commercial units, making it a mixed-use development.

Phase one of X1 South Bank is a 12-storey development comprising of 127 apartments and townhouses. The development features cutting edge architecture and overlooking a park like green route and lavish soft landscaping on one side and a 1,250 square metre public square on the opposite side. Meaning residence have fantastic outlooks and very generous internal spaces, all within a spectacular and highly glazed building.

X1 South Bank – Investment Highlights

  • Invest from £139,995
  • Phase 1 – 116 Apartments and 11 Townhouses
  • Phase 2 - 153 Apartments and 13 Townhouses
  • Up to 6% Net Yield 
  • 5 phase development 
  • 999-year Leasehold
  • Well established developer X1 – to date 35 Developments, 18 completed and occupied, 11 under construction
  • Estimated completion date: Q3 2020

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below

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Development Availability

PropertySizeBedroomsPriceEnquire
Three Bed Townhouse98 square metres3£325,000.00Enquire
Three Bed Apartment86.70 square metres3£239,995.00Enquire
Two Bed Apartment70 square metres2£189,995.00Enquire
One Bed Apartment 42 square metres1£139,995.00Enquire

Image Gallery - X1 South Bank

Purchase Process

1. Complete the reservation form and reservation fee of £5,000.00
2. 25% of purchase price due on exchange plus 50% of the furniture pack (minus reservation fee)
3. 10% of purchase price due 6 months after exchange and remaining 50% of furniture pack
4. Remaining 65% of purchase price payable on completion

X1 South Bank – Financials

  • Ground Rent - £395.00 per annum
  • Estimated Service charge - £1.63 per sq.ft
  • Management Fees – 8% plus VAT

X1 South Bank - Furniture Packs Prices

  • 1 bedroom £2,995.00
  • 2 bedroom £3,995.00
  • 3 bedroom £4,995.00

X1 South Bank - Location

X1 South Bank is located close to Leeds Dock, right in the heart of the city’s up-and-coming expansion. Already a favourite of young people thanks to the incredible lifestyle on offer, the South Bank area will only continue to become more popular in the future. This landmark regeneration of South Bank is doubling the size of Leeds city centre in the biggest change the city has seen for over a century.

X1 South Bank sits ideally within the boundaries of the plans and as such will become central to the city. South Bank is set to be at the centre of connectivity in Leeds having been chosen as the site for the new HS2 station. The creation of the £17.3m Leeds Station Southern Entrance is well underway, connecting the city’s South Bank to the station, expanding opportunities and providing a further stimulus to the redevelopment and transforming Leeds City Station into one of the busiest transport interchanges in the country.

X1 South Bank– On-Site Facilities

  • Gym
  • Rooftop Gardens
  • Concierge 
  • Café
  • Landscaped Gardens
  • Offices
  • Cycle Storage
CALL +44 (0) 161 337 3890

Why Invest in Leeds

Leeds is one of the six cities set to benefit from the £7 billion Northern Powerhouse initiative, which aims to boost the economy and infrastructure of the country as a whole.

  • Economy: Leeds’s GVA is forecast to expand by 2.0% annually from 2018 to 2022, above the 1.7% Northern England average
  • The city’s economy is worth approximately £18bn and has grown almost 40% in the last decade alone
  • Employment: The working age population has experienced 10.2% growth from 2010 to 2017

Leeds is one of the UK's leading buy-to-let property investment markets.

  • Leeds’s house price growth is projected to increase by 19.9% by 2022
  • Leeds rental price growth is predicted to increase by 18.8% by 2022, compared to just 12.6% UK-wide
  • Over the next decade the economic growth is predicted to increase by 21%
  • Leeds population is expected to grow by 40,000 by 2024
  • HS2 will lie in the heart of South Bank Leeds, as the gateway to Leeds City Region
CALL +44 (0) 161 337 3890

Why Choose Hopwood House

Key to the success and growth of Hopwood House in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Hopwood House first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@hopwoodhouse.com or Tel: 0161 660 8261.

We look forward to hearing from you!

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

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