2-bedroom flat · LS10 1JE
For saleListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive two bed apartment situated on the 4th floor of Magellan House, part of the popular Leeds Dock development.
Leeds Dock is a mixed use waterside development with a number of amenities including Tesco, Pizza Express and a number of eateries.
Spanning 635 sq ft, this spacious apartment comprises of an open plan living area with floor to ceiling windows and river facing balcony.
The kitchen is well equipped with full size fridge freezer, dishwasher, washing machine, electric oven and hob. Two double bedrooms.
One modern bathroom with shower over the bath, and a large storage cupboard. EWS1 Form available, BSA Compliant. Chain free.
Available with vacant possession from 08/03/2027, or as a tenanted investment with a rent of £1095.
Leasehold - 150 years from 2003, 126 years remain Service Charge - £3,276.00 per annum Ground Rent - £200.00 per annum EPC - C To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
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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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 Magellan House, Armouries Way Leeds LS10
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