1-bedroom flat · LS10 1JH
To rentReduced £50 (−5.1%) on 20 OctListed 248 days · slow let
Opportunity summary
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About
//Deposit free option available //2nd floor level //Allocated parking //449 sqft //Updated bathroom and kitchen //Available immediately //New furnishings //5 minute walk to Leeds Station Located off Dock Street and forming part of the sought after development of Victoria Quays, is this characterful one-bedroom apartment.
Covering 449 sqft, the open plan living space allows for both lounging and dining – both of which benefit from a large picture window with deep windowsill.
The development:- Flax House is a former warehouse, which forms part of the Victoria Quays Development, located off Dock Street.
Carefully converted into 34 individual apartments, where most have either river of courtyard views, but all have an allocated parking space.
This development is very central to Leeds city, so not only benefits from a stunning waterside location, but is just a short stroll from the hustle and bustle of city life.
Lounge / dining room:- Spacious in size, so allowing for lounging and dining – a large picture window offers fantastic views towards the River Aire beyond.
Kitchen:- Recessed and galley in design, with an array of matte grey wall and base cupboards, complemented by grey granite effect worktops.
Built-in appliances include an electric oven, halogen hob and extractor – as well as a freestanding washing machine and fridge-freezer.
Bedroom:- Generous in size, complete with a large picture window offering easterly facing river views - the room allows for a king-size bed, side tables and wardrobes.
Bathroom:- Modernised and partly tiled, with an electric shower over bath. Leasehold apartment Allocated parking included No EWS1 required Security deposit £224.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 50, FLAX HOUSE, NAVAGATION WALK, LEEDS
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