Studio flat · LS1 4GH
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Candle House stands within the Granary Wharf district known for its’ many amenities including bars, restaurants, and an award-winning Double Tree by Hilton Hotel.
The development also boasts direct access to the train station via the Southern entrance.
This fabulous high specification studio has a generous open-plan living area three floor to ceiling windows, flooding the property with light and offering spectacular West facing canal views.
The kitchen features granite work tops throughout and includes Neff integrated appliances such as dishwasher, microwave, and undercounter fridge and separate freezer.
The modern, fully tiled shower room offers a sizable shower cubicle, and built-in storage. Additionally, there is a utility cupboard with a washing machine, and providing additional storage.
The property also benefits from a central heating system and residents have use of the recently renovated 21st floor communal roof terrace offering 360 degree panoramic views of Leeds.
Sold with vacant possession. Chain free. Sale exclusive of furniture.
Lease: 250 Years from 1st January 2007 (232 years remaining) Ground Rent: £275.00 per annum Service Charge: £1,608.00 per annum, including water and heating charges 381 sq ft approx.
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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.
Area
Agent & docs
FAQ
About Candle House Wharf Approach Leeds LS1
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