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See how verdicts work2-bedroom flat · LS1 4GJ
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to acquire a beautifully positioned two-bedroom, two-bathroom apartment on the 14th floor of the highly regarded Granary Wharf development, offering approximately 734 sq ft of modern city-centre living with a south-east-facing balcony overlooking the canal.
The combination of elevated views, generous living accommodation, private outdoor space and an exceptional central location makes this an appealing home for professionals, first-time buyers and investors alike.
The apartment has been very well maintained and offers a practical layout designed around modern city living.
The bright living area provides direct access to the south-east-facing balcony, creating a wonderful spot to enjoy the canal outlook and elevated position.
The accommodation includes two well-proportioned bedrooms and two bathrooms, with the principal bedroom benefiting from its own en-suite shower room.
The second bathroom provides additional convenience for residents and guests.
At approximately 734 square feet, the apartment offers considerably more space than many city-centre properties, whilst retaining the convenience and low-maintenance lifestyle associated with modern apartment living.
Exceptional Granary Wharf Location Granary Wharf is one of Leeds' established waterside residential developments, combining contemporary apartments with an excellent selection of amenities and a particularly convenient location.
Perhaps one of the property's biggest advantages is the direct access from the development to Leeds railway station, making it exceptionally convenient for commuters and those regularly travelling by rail.
A wide range of the city's key destinations and amenities are also within easy walking distance, including: Leeds Business District – approximately 10 minutes Leeds Law Courts – approximately 17 minutes Leeds General Infirmary – approximately 21 minutes Trinity shopping centre – approximately 8 minutes Victoria Gate – approximately 8 minutes The development itself provides a range of facilities and amenities, including restaurants, bars, cafés, a convenience store, nail salon and hotel, meaning residents have many everyday conveniences right on their doorstep.
Residents' Roof Terrace One of the standout features of Granary Wharf is the 21st-floor communal roof terrace, offering residents access to panoramic views across Leeds.
Combined with the private balcony overlooking the canal, the apartment provides an attractive combination of indoor and outdoor spaces rarely found in such a central city location.
Residents also benefit from parcel lockers, adding further convenience for modern day-to-day living.
The Development Granary Wharf is a well-established mixed-use waterside development comprising 282 apartments across two residential buildings.
Candle House is a striking 21-floor cylindrical tower containing 160 apartments, while Watermans Place is a tiered residential building comprising a further 122 apartments.
The development was built by Muse Developments in 2009/2010 and has established itself as a popular residential destination, combining city living with the character and atmosphere of a waterside setting.
Ideal for First-Time Buyers & Investors For a first-time buyer, this apartment offers the opportunity to enjoy modern city-centre living, excellent transport connections, generous accommodation and superb views, without compromising on convenience.
For an investor, the property's central location, proximity to Leeds railway station, two-bedroom/two-bathroom layout and established development provide a compelling investment proposition, subject of course to the buyer's own rental and financial due diligence.
Leasehold Information We are advised of the following: Lease: 250 years from 2007 Service Charge: Approximately £3,400 per annum Ground Rent: £275 per annum Ground Rent Review: Every 20 years by RPI, with the next review due in 2027 Buildings Insurance
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Candle House, Wharf Approach, Holbeck, Leeds
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