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See how verdicts workStudio · LS9 8ER
No longer listedListed 362 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this delightful and characterful studio apartment, part of the renowned East Street Mills development.
Situated on the north bank of the River Aire, East Street Mills is a historic former factory that has been expertly transformed into a collection of studio, one, and two-bedroom apartments.
Many of these residences retain original features, and some even offer the luxury of balconies and parking, making this a truly unique living experience.
Located within the rapidly evolving eastern corridor, this property offers the perfect blend of historic charm and modern convenience.
You'll enjoy easy access to the city, as well as a wealth of local amenities at Leeds Dock, Brewery Wharf, and The Calls.
Inside the apartment, the living and sleeping quarters are thoughtfully designed to maximize space and functionality.
The rectangular layout ensures no area is wasted, providing ample room for lounging, dining, and sleeping.
The space is illuminated by two large warehouse-style windows, which flood the room with natural light and offer captivating west-facing views of the development's central courtyard.
The recessed kitchen is a model of efficiency, boasting ample worktop space and storage solutions.
It comes fully equipped with built-in appliances, including an electric oven, halogen hob, and fridge, all beautifully complemented by grey granite effect worktops.
The spacious shower room is a standout feature, with a double shower unit complete with a mixer-controlled shower.
The contemporary white bathroom suite is highlighted with chrome fixtures and fittings, a stylish wall mirror, and a heated towel rail, ensuring both luxury and practicality.
This studio apartment at East Street Mills is a perfect investment opportunity for those seeking a high yield and strong cpital growth potential. Cash buy only, due to the property being below 31 sqm.
Service Charge £791.48 PA Ground Rent £250 PA reviews 10 yearly at RPI. Lease 125 years from the 1st July 2008. Currently rented at £695 PCM until 17/06/2026. Market rent of £750 PCM. EPC Rating: C
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
FAQ
About Worsted House, East Street Mills, Leeds LS9
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