A great opportunity to invest in what will be the tallest residential building in the UK, and one of the tallest in Europe. The investment offers a fantastic payment structure with an extremely low entry level arranged especially for IPIN clients. Designed by Yoo and featuring an outstanding architectural design, the LumierA great opportunity to invest in what will be the tallest residential building in the UK, and one of the tallest in Europe. The investment offers a fantastic payment structure with an extremely low entry level arranged especially for IPIN clients. Designed by Yoo and featuring an outstanding architectural design, the Lumiere building in Leeds really is an investment opportunity not to be missed.* 54 storey landmark building* Low entry with only 10% to pay before completion* 10% estimated capital appreciation* 6% estimated rental yields* 10 year building guarantee* Full interior design by Yoo* City centre location* Some units free from Stamp Duty chargesDevelopment TimetableConstruction Start: 1st quarter 2008Construction End: 2nd quarter 2011Investment Return ProjectionsPotential Capital AppreciationYear 1 10.00%(conservative estimate from IPIN research)Potential Rental IncomePer Annum 6.00%(conservative estimate from IPIN research)The Lumiere Leeds development will be one of the tallest residential buildings in Europe and the tallest in the UK. This 825 unit development consists of two buildings; one 30 storey and one 54 storey building, boasting serviced and residential apartments, commercial areas, office spaces, along with haute cuisine restaurants and bars.The residential section of the development is being designed by Yoo who are creating full interior design solutions in the Yoo trademark featuring contemporary style luxury interiors in simple, yet inspiring designs. Ready-made furniture packages will be available closer to completion.The development is located in the heart of the cultural centre of Leeds with everything at the doorstep, including excellent transport links. It is an ideal location for investment and residential accommodation.The InvestmentInvesting in the Lumiere Leeds development begins with a favourable payment scheme, sought by IPIN especially for our investor clients. With only 2.5% deposit payable on Private Purchase Contract and a total of only 10% of the purchase price to pay prior to completion, Lumiere represents a great investment terms.A location in the centre of this thriving UK city allows investors to enjoy a long term investment, benefitting from strong growth prospects and rental yields.Along with having its outstanding architectural design and status as one of the tallest residential buildings in Europe, the Lumiere Leeds project offers buyers an opportunity to invest in a landmark development.Construction* CCTV at building entrance points* Electric gates to the car parks* Units with built-in wardrobes* Telephone points in living rooms and main bedrooms* Wood laminate flooring, except in bedrooms and bathrooms* Traditional radiator style heating* TV points in living rooms and main bedrooms* Designer-style white wood grain finish in kitchens* Option to upgrade kitchens to granite or marble at an additional cost* Kitchens with an electric oven, hob and extractor* Smartpads and 1 bedroom units have an integrated fridge* Some units have dishwashers* Glass shower screens in bathrooms* Bath tubs in larger units* Mosaic-style tiling in bathrooms* Heated towel rails and extractor fans in bathroomsThe Facilities* Covered winter garden* 20,000 sq ft retail shopping centre* Restaurants and eateries* Coffee bars* Office spaces* Doctors and dentistsRental ProjectionsThe following description shows the rental income that can be obtained from the various unit types available:* Smart pad: 500 to 525 GBP pcm* Studio: 550 to 600 GBP pcm* 1 bedroom apartment: 750 to 800 GBP pcm* 2 bedroom: 850 to 1500 GBP pcmThe Lumiere development will be located in the Leeds metropolitan district, in front of City Square, just 3 minutes walk from the main train station. Leeds is situated in the heart of England and has an extensive transport network linking it to all major towns and cities.By road: The M60 and M62 highways are within a 5 minute drive of the development. Leeds is connected by the M1 motorway for travel southwards to London. For west to east travel, Leeds is connected by the M62 motorway to Manchester, Liverpool, among other cities.By Air: The Leeds Bradford International airport is located only 9 miles from the development. About 500 weekly flights linking the city of Leeds with other major European airports and major holiday destinations. Bradford International Airport serves world-wide destinations via airlines such as: Jet2.com, Thomas Cook, Ryanair, BMI, Airtours, KLM Cityhopper, Sunset, Aspro and many more.By Rail: Leeds station is the hub of the metro train network in West Yorkshire, and connects the city with major destinations such as: London St. Pancras International, Sheffield, Luton, Bedford, Leicester, Derby, Nottingham and Chesterfield. Likewise, connections are available to Manchester, Blackpool, Liverpool, Newcastle and York, amongst others.NXEC runs a service between Kings Cross London and Leeds, generally half-hourly as well as a cross-country service from Plymouth to Edinburgh Waverley (via Leeds).First TransPennine Express? core route between Manchester Piccadilly and Leeds sees four trains per hour between the two cities. The Huddersfield to Leeds section is the busiest section on any Transpennine Express service.By Bus: National Express runs daily bus connections to Leeds as well as to Manchester, Liverpool, Bradford, Sheffield, Chesterfield, Nottingham and Birmingham, amongst others.A metro service also links the city of LeedsLocal climateThe average maximum temperature for Leeds in January is 6ºC, reaching a maximum in July of 19ºC. Rainfall is fairly constant throughout the year, averaging approximately 50mm monthly. Snowfall is infrequent during the winters although they are often cold and wet. During the summer months the weather is mild.Why Invest in this Location?The Region* Ideal European location for business* One of the most diverse economies in the UK* Economy is projected to grow by one third within the next 10 years* Largest financial and business centre in the UK outside London* Considered the top legal centre outside London* Houses the third biggest manufacturing sector in the UK* One of the largest media and communications industries in the UK* One of the country?s top retail destination* Leeds is one of the major employment providing areas of the Yorkshire region* The city is also considered a cultural destinationMore InformationCountry: United kingdomPool: NoRef: UK2Town/City: LeedsTo request further details please use the Contact Us link below.To view more properties from Property Shop Overseas click the 'More Properties' link below.