2-bedroom flat · LS11 9BJ
For saleListed 129 days
Opportunity summary
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About
Beautifully presented two-bedroom apartment on the 6th floor of Velocity South, offering a spacious open-plan living, dining and kitchen area with access to a corner balcony and elevated city views.
Includes two double bedrooms, two bathrooms and secure allocated parking, with excellent access to Leeds city centre and transport links.
A beautifully presented and generously proportioned two-bedroom apartment situated on the 6th floor of the popular Velocity South development, ideally positioned for easy access to Leeds city centre, Leeds Dock, the train station and major motorway links.
This impressive apartment is larger than the average two-bedroom property within the development and offers a spacious, light-filled layout with stylish interiors throughout.
The open-plan living, dining and kitchen area provides an excellent space for both relaxing and entertaining, with a well-designed fitted kitchen, warm wood flooring and access to a corner balcony providing elevated city views.
The property offers two excellent sized double bedrooms and two modern bathrooms. The apartment is sold with one secure allocated parking.
Leasdhold information Lease term 999 years from 1st January 2003 Ground rent £200 pa Service charge £1,892.06 pa (includes building insurance) velocity south Decked walkway leads to the secure communal door with fob entry, secure mail boxes and lift to all floors.
Hallway Entrance hallway with wood effect flooring, wall mounted electric heater, storage cupboard housing the hot water cylinder and access to all rooms.
Living area 18' 3" x 17' 7" (5.58m x 5.38m) The spacious open-plan living and dining area features floor-to-ceiling windows, access to the corner balcony and a bright, well-proportioned layout.
Kitchen (Open Plan) The fitted kitchen is set within the open-plan living space and includes integrated appliances comprising a dishwasher, washer/dryer, electric oven and hob, and fridge with freezer compartment, with a large walk-in storage cupboard positioned to the side.
Balcony The east and south-facing corner balcony is accessed from the living area and provides elevated city views with space for outdoor seating and planting.
Bedroom one 15' 3" x 9' 5" (4.66m x 2.89m) The principal bedroom is very spacious and well presented, with ample room for bedroom furniture and additional seating or workspace.
Ensuite 4' 9" x 4' 11" (1.46m x 1.50m) The ensuite is fitted with a shower enclosure, wash basin and WC, finished with neutral tiling.
Bedroom two 13' 10" x 11' 8" (4.23m x 3.57m) Bedroom two is a great size double room, with space for bedroom furniture and a work-from-home setup.
Bathroom 6' 6" x 6' 0" (2.00m x 1.84m) The main bathroom has been upgraded with a new shower and waterfall dual-head fittings, a new sink, new towel rail and gold accessories.
Allocated parking The property is sold with one allocated parking space which is situated beneath the development.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 36, Velocity South, Leeds
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