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See how verdicts work2-bedroom flat · LS6 4SX
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A VERY WELL PRESENTED TWO DOUBLE BED, TWO BATH GROUND FLOOR FLAT on the ever-popular Woodlea Park development in Meanwood. Leasehold – 999 years from 2001. Service Charge: £1642.04 per annum.
Ground Rent: £125 per annum. Council Tax Band C. GENERAL Brought to the market with the benefit of NO ONWARD CHAIN, this is a lovely apartment in a very sought after location just off Tongue Lane.
The property has recently been refurbished to include new bathroom tiling, full redecoration throughout, new kitchen unit doors and drawer fronts, new oven and hob, new toilets and a new vanity washbasin.
With electric central heating and uPVC double-glazing, the development is a popular choice for first time buyers, downsizers and landlord investors.
In brief, the property comprises: communal entrance, a private entrance lobby & hallway, a generous reception room with French doors and open plan to the kitchen, two double bedrooms (one with en suite shower room) and a house bathroom with over bath shower.
The development is set within well maintained open grounds bordering the Meanwood Valley Trail, and this apartment benefits from one allocated parking space plus ample on-site parking for visitors.
MOVE IN CONDITION! AREA Meanwood is a very popular suburb in north Leeds, situated approx. three miles north of Leeds city centre.
The area boasts a great mix of bars, pubs, restaurants and supermarkets, as well as several schools with Good or Outstanding Ofsted reports.
For those commuting into the city centre the journey takes approx. 25 minutes by car or bus.
Meanwood Park, the Meanwood Valley Trail and Woodhouse Ridge are close by, providing open spaces and solace from the daily hustle and bustle.
GROUND FLOOR COMMUNAL ENTRANCE HALL With a secure door entry video intercom system and residents post boxes.
PRIVATE ENTRANCE LOBBY & HALL Benefiting from a lobby area that provides additional security (both doors can be locked).
Leading to a welcoming and spacious hallway with space for a console table and fitted with laminate flooring and a wall mounted door-entry intercom system.
RECEPTION ROOM A generous dual aspect reception room benefiting from French doors and floor space for both lounge and dining furniture if desired.
This room is open plan to… KITCHEN Fitted with a tiled floor and having a comprehensive range of wall and base cupboards with granite style work surfaces, an integrated 1½ bowl sink/drainer and splash wall tiling above.
Fitted with a new split-level electric oven/hob with an overhead filter hood, a washing machine and floor space for a large upright fridge/freezer. New cupboard door and drawer fronts recently fitted.
BEDROOM ONE (DOUBLE) A spacious double bedroom, with laminate flooring and a furniture friendly footprint.
Leading to… EN SUITE SHOWER ROOM Comprising a fully tiled shower cubicle with a plumbed shower, a low-level WC and a pedestal washbasin. New tiling and toilet recently fitted.
BEDROOM TWO (DOUBLE) A second double bedroom fitted with laminate flooring. BATHROOM With a low-level WC, a pedestal washbasin and a panelled bath with a plumbed shower over.
Splash wall tiling around the bath/shower area. Store cupboard, which also houses the electric central heating boiler. New tiling recently fitted, together with a new toilet and vanity washbasin.
OUTSIDE There are well-maintained communal gardens and grounds for residents to enjoy, with ample on-site car parking for both residents and visitors.
One allocated parking space (edged red on the site plan) is included in the Title Register. Woodlea Lane is located within a semi woodland setting, with well-established trees and copse areas.
There is a pedestrian lane close-by which provides easy access to Tongue Lane. MATERIAL INFORMATION TENURE Leasehold for a term of 999 years from 2001.
SERVICE CHARGE Our seller informs us that the current service charge is £1642.04 for 2026 (paid monthly at £136.84 per calendar month).
GROUND RENT Our seller informs us that this is currently £125 per annum, due 1st January.
SERVICES The property has mains electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
BROADBAND/MOBILE SIGNAL & COVERAGE BROADBAND is available in this area / MOBILE SIGNAL & COVERAGE is available in this area.
FLOOD RISK & PLANNING PERMISSION FLOOD RISK – not known to be an issue / PLANNING PERMISSION – none in the immediate area. COUNCIL TAX BAND C
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
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FAQ
About Woodlea Lane, Meanwood, Leeds, LS6
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