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See how verdicts work2-bedroom flat · LS17 8FQ
No longer listedReduced £39k (−19.6%) on 25 SepListed 247 days
Opportunity summary
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About
Thackrah Court is a luxury assisted living McCarthy & Stone development for the over 70's, conveniently located to transport links and has plenty to offer its residents.
Occupying a fantastic position in the building, this spacious 2 bedroom apartment also boasts a private balcony with lovely communal garden aspect A luxury McCarthy & Stone retirement development in the desirable Shadwell area in North Leeds.
The complex consists of 60 one and two bedroom apartments specifically for the over 70's offering its residents an onsite restaurant and lounge, lovely maintained communal gardens, guest suite and parking (permit scheme applies subject to availability) and more.
The apartment is conveniently located to the upper ground floor and features a spacious entrance hallway with useful store cupboard housing the hot water tank and guest wc.
A spacious lounge diner with additional storage cupboard, electric fireplace and double doors leading to the private balcony and enjoying beautiful garden views.
The kitchen is accessed from the lounge and has a range of modern wall and base units with complimentary work top over.
The master bedroom is a very generous size with walk in wardrobe and fitted shelving and hanging rails, a further second double bedroom and a wet room with vanity unit under sink.
Externally there are very well looked after communal gardens for resident and visitors to enjoy and visitor and resident parking (subject to availability).
This apartment has one of the best positions in the building, has the benefit of no onward chain and viewing is essential.
Thackrah Court is conveniently situated close to transport links into neighbouring towns offering an array of amenities and Leeds city centre.
Easy vehicular access to local shops as well further amenities on Moortown Corner, which include the Marks and Spencer's Food Hall as well as Moor Allerton Retail Park with Sainsbury's and Homebase.
The complex itself offers residents an in-house restaurant serving meals daily and communal lounge offering residents daily activities, a laundry room and guest suite (subject to availability and a fee).
The 24 house manager and emergency call system offers peace of mind with the addition of a personal alarm.
There is also an additional benefit of one hour of domestic assistance including per week in the service charges.
Leasehold information; Term 125 years from 1st Jan 2015 Service charges £1075.00 pm / £12,900.00 pa Ground rent - £510 per annum Tenure, Services & Parking • Leasehold • No gas.
Electric heating • Parking – subject to availability & visitors parking spaces Internet & Mobile Coverage For information on Internet and Mobile coverage access the Ofcom website from this link Flooding For information on flood risks please use this link Check for flooding in England -
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 Apartment 22, Thackrah Court, 1, Squirrel Way, West Yorkshire
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