1-bedroom flat · LS11 5QT
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 1 bedroom apartment in the fantastic bridgewater place development *** well presented throughout *** far reaching views across leeds city centre *** Stoneacre Properties are delighted to bring to market this superb apartment situated on the 13th floor of Bridgewater Place.
The development sits in the heart of the City Centre so easy access is provided to the shops, bars and restaurants of Leeds, as well as to Leeds train station which provides access across the country.
The property briefly comprises an open plan living space with newly installed fitted kitchen, a double bedroom and a 4-piece jack and jill bathroom.
There is also a useful storage cupboard situated in the hallway which houses the water tank and washing machine, and a further cloakroom cupboard in the hallway.
The apartment boasts large windows throughout which flood the space with natural light and offer wonderful views across the city and beyond. The development comprises lift and concierge service.
Internal viewing is highly recommended.
Bridgewater Place is a situated in the heart of the city centre and boasts an array of amenities within the complex itself with a Tesco Express, Starbucks, and 24 hour gym on floor 1 of the development.
Bridgewater is also a short walk from Leeds Train Station making it ideal for commuters, and is only a short walk to the array of amenities on offer in the city centre itself.
Entrance Entering the property, you're welcomed into the entrance hallway which offers access to the accommodation within.
Kitchen / Living Area Lovely open plan living space and kitchen, with large windows which flood the room with natural light and offer unique views across the city centre.
The modern fitted kitchen has been installed by the current owner, and is a real upgrade from the standard kitchens with full size integrated fridge/freezer, integrated slimline dishwasher, integrated oven, electric hob with extractor above, and solid wood worktops.
Bedroom Good sized double bedroom, laid to carpet. The room boasts large windows allowing tons of natural light, fitted wardrobes with sliding glass doors and also offers access to the bathroom.
Bathroom 4-piece fully tiled jack and jill bathroom with access from the hallway and bedroom. Comprising full size bath, shower, sink and WC.
Lease We are advised by the vendor that the property is leasehold with an original term of 250 years from 25 January 2007.
The current service charge is £3560 per annum and ground rent is currently £340 per annum. A buyer is advised to obtain verification from their solicitor or legal advisor.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 1302 Bridgewater Place, Water Lane, Leeds
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