3-bedroom flat · LS17 7QG
For saleReduced £15k (−4.1%) on 1 SepListed 170 days
Opportunity summary
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About
*** well presented 3-bed first floor apartment in highly sought after location *** beautifully maintained *** comes with private garage *** Stoneacre Properties are delighted to bring to market this modern and well presented 3-bed first floor flat.
Located on The Drive this purpose built block of flats is perfectly positioned close to the local amenities Alwoodley has to offer, including the parade of shops a short walk away on The Avenue.
The property offers easy access to transport links with regular buses to Leeds City Centre.
Externally, the property boasts exceptionally well maintained communal gardens and its own private garage and allocated parking space.
Internally, the property offers an abundance of space and is entered via a private door that leads to the stairs and into the hallway.
Given its position and size, this property is ideal for those looking to downsize but not wanting to sacrifice space or location.
The property briefly comprises, open hallway with spacious storage cupboard, kitchen complete with integrated appliances, open plan lounge/diner with French doors out to the Juliet balcony, master bedroom with en-suite, second double bedroom, a third bedroom currently used as a home office, and the family bathroom.
This property is bound to be popular, so to arrange a viewing and avoid disappointment, please contact Stoneacre Properties.
Entrance A private front door leads you in to the entrance hallway with stairs leading up to the main hallway which offers access throughout the apartment, as well as to a useful storage cupboard.
Lounge/Diner Situated to the far end of the apartment is this wonderful open plan living space.
Accessed from the hallway via double doors the room is laid to carpet and offers a wonderful space for hosting and socialising with an abundance of seating space as well as a dedicated dining area, and French doors that lead out to a Juliet balcony.
The room is wonderful and airy being flooded with natural light and boasts a feature fireplace as well as decorative coving.
Kitchen Well presented kitchen is made up of wall and base units and comprises an array of integrated appliances including double oven, gas hob with extractor above, washer/dryer, dishwasher, fridge/freezer.
The kitchen offers an abundance of storage space as well as space for a small breakfast table.
Bedroom 1 The primary bedroom is vast in size and offers an exceptional amount of storage with fitted wardrobes running the full width of the room, as well as built in drawers, a dressing table and bed side tables.
The room is laid to carpet and is complete with en-suite bathroom. En-Suite Part tiled bathroom with shower, toilet, sink and towel radiator.
Bedroom 2 Second double bedroom again boasting fitted wardrobes. The room will comfortably accommodate a double/king size bed as well as additional bedroom furniture.
Bedroom 3 / Office Third bedroom currently set up as a home office with fitted wardrobes. Bathroom Main bathroom comprising shower over bath, toilet and sink.
External The apartment sits within beautifully presented communal grounds and the apartment comes with an allocated parking space as well as private garage. Garage Situated second from the left.
A fantastic storage space, the garage is complete with electric up and over door. Lease We are advised by the vendor that the property is leasehold with a term of 973 years.
The current service charge is approximately £2500 per annum and the ground rent is £0 per annum. The buyer of the property will take ownership of 1/4 of the blocks freehold.
A buyer is advised to obtain verification from their solicitor or legal advisor.
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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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 Flat 3, 97, The Drive, Leeds
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