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See how verdicts work1-bedroom flat · LS9 8BN
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** fabulous city centre apartment ** Stoneacre Properties are delighted to offer for sale this excellent spacious studio apartment within the extremely popular Skyline development opposite Leeds City Bus Station.
The property can be sold with vacant possession making it an ideal purchase for a first time buyer especially for any individuals working in the city or those who will make the most of the property being within walking distance of all shops, bars, restaurants and the train station!
The property can also be sold with a sitting tenant and is currently achieving £825 pcm, £9,900 per annum. Entrance The building is entered via a secure double entry door with intercom and fob entry.
Lift then leads up to the second floor.
Entering the property you are welcomed into the hallway which offers access to the bathroom, store cupboard with boiler and washing machine and through to the living space.
Living Room Open plan living with space for seating a formal dining area and is open to the kitchen. Sliding double glazed door leads out to balcony.
Kitchen Modern kitchen made up of wall and base units with integrated fridge/freezer, oven, hob with extractor above and plenty of storage.
Bedroom Semi open to living space but separated by a partition wall. Space for double bed and wardrobes. Bathroom Large tiled bathroom with shower over bath, toilet and sink.
External The property benefits from a private balcony, a great space for enjoying the outdoors. Lease We are advised by the vendor that the property is leasehold with 125 years from 2009.
We are also advised that the current service charge is approximately £1720 per annum and the ground rent is approximately £259 per annum.
A buyer is advised to obtain verification from their solicitor or legal advisor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 18, Skyline, Leeds
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