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See how verdicts work1-bedroom flat · LS6 1FH
For saleReduced £5k (−2.9%) on 21 AugListed 223 days
Opportunity summary
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About
*** no onward chain *** A stylish one bedroom duplex apartment forming part of a stunning period conversion of a landmark building in Hyde Park. Leasehold for a term of 999 years from 2017.
Service charge: £322.01 per quarter. Ground Rent: £150 per annum. Council Tax Band B.
General ***no onward chain.*** Presented to the market in move-in condition this distinctive duplex apartment is positioned on the first floor of The Old School House, a Grade II listed building that was formerly part of Leeds Girls High School.
With a hardwood double glazed window, high quality fixtures and fittings throughout and electric heating, the property comprises: Entrance hall, open plan living/dining room and kitchen, a spacious double bedroom and an ultra-modern shower room.
A noteworthy feature of this property is the impressive amount of storage space available – there is a large walk in cupboard in the bedroom and a deep cupboard off the shower room.
There are characterful communal areas, which are well maintained and clean, and which benefit from a secure video door entry system. Residents on site car parking is available.
An internal inspection is essential to fully apreciate this delightful duplex apartment. Area Hyde Park is an area of north Leeds, approx.
1 mile from the city centre and within easy reach of the Universities, Business School and Hospitals. The neighbourhood is a diverse suburb hosting a number of independent shops and restaurants.
Headingley is approx. 15 minutes away on foot, and the open spaces of Woodhouse Ridge and Hyde Park are close by.
The building itself was originally part of Leeds Girls High School, dating from circa 1876, and was converted into luxury apartments in 2017.
Ground floor communal entrance & hallway The Old School House has characterful communal areas, including vaulted brick arched ceilings in the wider than average hallways and an original grand staircase.
There is a video door entry system and key fob entry. Stairs to first floor...
Private entrance hall A light and airy hall, with stairs rising to the mezzanine level and stairs down to the shower room, kitchen and open plan living/dining room.
Shower room A spacious room comprising a fully tiled walk in shower cubicle with a plumbed shower, a back to wall low level WC and a wall hung washbasin/vanity cupboard.
A deep storage cupboard runs under the stairs up to the mezzanine level.
Kitchen This is a very well appointed kitchen, which is semi open plan to the main reception room and fitted with high specification wall and base units (with on-trend handleless door and drawer fronts).
Complementary white granite-style worktop and matching upstands complete this stylish look.
There are integrated bosch appliances including a fridge/freezer, washer/dryer, electric oven, halogen hob and a concealed extractor hood. One and a half bowl sink and drainer with mixer tap.
Slow closing mechanism to kitchen unit door and drawer fronts. Pelmet lights under wall units.
Living/dining room With the benefit of a very large arched portrait window (almost floor to ceiling in height), this is an impressive reception room with a full height ceiling.
The floor is carpeted and there are wall up-lights on both sides of the room.
Bedroom (double) Located on the mezzanine level, overlooking the reception room, this is a well-proportioned carpeted room with ample floor space for bedroom furniture including full height wardrobes.
There is a large walk in wardrobe/cupboard providing additional valuable storage space. Outside There are well-established communal grounds with mature trees and grassed areas for residents to enjoy.
Residents on site car parking is available. The development also benefits from on-site CCTV. Material information tenure Leasehold for a term of 999 years from 2017.
Service charge The seller informs us that the annual service charge for 2026 is £1288.04, which is paid quarterly at £322.01 per quarter.
Ground rent The seller informs us the annual ground rent charge is £150.
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 B
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 21, The Old School House, 5, Victoria Gardens, Leeds
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