2-bedroom flat · LS17 8DE
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Two-bedroom first floor apartment situated close to Leeds Outer Ring Road and the local amenities at Moortown. Comprising Lounge/Diner, kitchen, two double bedrooms and bathroom with shower.
Gas central heating, double glazing. No Chain, Ideal 1st Purchase or Investment. Attractive Two-Bedroom First-Floor Apartment with Private Entrance.
Situated within a quiet and highly regarded residential area of Alwoodley, North Leeds, this well-presented two-bedroom first-floor apartment offers comfortable accommodation and represents an excellent opportunity for first-time buyers, investors or those looking to downsize.
The property is neutrally decorated throughout and benefits from its own private entrance, spacious lounge/dining room, fitted kitchen, two double bedrooms and a family bathroom.
Upon entering, stairs lead to a welcoming entrance hall providing access to all rooms.
The lounge/dining room is a particularly versatile space, separated into two areas and enjoying double-glazed windows overlooking the front.
The fitted kitchen features double glazed windows to side and rear, a range of wall and base units with work surfaces over, sink unit, built-in oven and hob with extractor hood, space for a washing machine, tiled walls and a useful deep storage cupboard.
Both double bedrooms are well proportioned, with one overlooking the front and the other enjoying views to the rear.
The family bathroom comprises a bath with shower over, wash hand basin and WC, complemented by tiled walls and a double-glazed rear window.
Externally, the property benefits from front gardens laid mainly to lawn, on-street parking and well-maintained communal gardens to the rear.
Alwoodley is one of North Leeds' most sought-after residential locations, offering excellent access to Leeds city centre and the major road network.
A range of local amenities are close by, including Sainsbury's, Marks & Spencer and regular bus services. The area is also renowned for its excellent choice of highly regarded schools.
Offered for sale with no onward chain, this appealing apartment provides an excellent opportunity in a desirable North Leeds location and is sure to attract interest from a range of buyers.
Material information: Tenure Leasehold for a term of 150 years from 2018. Ground rent We are informed that the current ground rent charge is £50 per annum.
Service charge We are informed that the current service charge is £403.37 per annum and there is also a seperate building insurance charge of £177.96 per annum.
Services The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband/mobile signal & coverage Broadband is available in this area / mobile signal & coverage is available in this area.
Flood risk & planning permission Flood risk – not known to be an issue / planning permission – none in the immediate area. Council tax band B
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
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FAQ
About 23, Sandringham Crescent, Leeds
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