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See how verdicts work2-bedroom flat · LS2 8WE
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**investment opportunity** raised ground floor **bathroom & en-suite** rented until January at £1,000pcm **balcony** communal garden views EPC Rating D.
Located on the raised ground floor of this popular development, is this 2 bedroom, 2 bathroom apartment.
The open plan living area offers a cherry wood inspired kitchen, with all mod cons including an electric oven, hob and fridge freezer.
The lounge has 2 floor to ceiling windows, which give access to a balcony offer communal garden views.
Off the entrance hall is a bathroom and two double bedrooms – the principal having an ensuite shower room. Currently rented until January 2027 @ £1,000pcm.
The Vendor informs us of the following:- Ground Rent - £298pa Service Charge - £1,486, inc buildings insurance Council Tax - Band D Lease Term - 999 years from 2003 Heating – Electric Water - Mains connected Broadband - No issues to report Mobile – No issues to report Construction type – Brick and steel frame Building Safety – ews A1 rated Flood Risk:- No Planning Permissions:- None the development:- Aspect 14 is a popular development, due to its accessibility to the city centre and motorways.
Located in the Northern Quarter, you are only a few minutes’ walk from the bars, shops and restaurants this area has to offer - the development also has the added benefit of an on-site caretaker.
Lounge / dining room:- Spacious in size, therefore allowing for both lounging, dining and a study desk if so desired.
French doors open onto a balcony offing views over the development central courtyard and in a southerly direction.
Kitchen:- Recessed and L-shape in configuration with a variety of built-in appliances including a full-size fridge freezer, washing machine, electric oven and hob with extractor.
The fitted units are cherry wood inspired – finished off with granite effect work tops, wall mounted glass shelving and under counter low-level lighting.
Bedroom 1:- Generous in size, therefore allowing for a king-size bed, side tables, wardrobes and drawers – the room also has the added benefit of an en-suite shower room.
Bedroom 2:- Also generous in size, allowing for a king-size bed, side tables, wardrobes and drawers – making this property ideal for owner-occupiers and sharers alike.
Bathroom:- Partly tiled, with a mixer tap shower over bath, storage shelf with wall mounter mirror behind, shaver socket and heated towel rail
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 2, ASPECT 14, ELMWOOD LANE, LEEDS
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