2-bedroom flat · LS12 3BW
For saleListed 9 days
Opportunity summary
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About
This luxury converted mezzanine style apartment has the wow factor with a superb covered balcony/terrace for outdoor alfresco entertaining and has two bedrooms on a mezzanine level looking over the main Living space, perfect for a couple sharing or a single person.
This stunning grade 11 listed building was built in 1905 modelled after a swiss school and later converted into luxury apartments.
Originally the West Leeds boys school opened in 1907 and closed in 1993.
Now home to 66 apartments, which have gas CH and large double-glazed windows which flood the property with natural light and have been nicely finished with touches, such as exposed metal and brickwork work and the original floorboards to the mezzanine level.
The living space comprises: The separate Entrance Hall is accessed via a spacious internal communal corridor.
From the hallway a door leads to the spacious main living room with vaulted ceilings and an open plan fitted kitchen and space for lounge furniture, wood flooring, Ch radiators and a door connects to a bedroom/dining room.
The modern kitchen area has ample high gloss fixed storage units, worktop space with sink and integrated oven and hob appliances, plus space for a large fridge freezer and washer.
Large front windows and door which flood the room with natural sun light. The bathroom leads from the hallway and has a large walk-in shower cubicle and matching vanity washbasin and toilet.
A staircase from the hall leads up to the mezzanine floor landing, which has a built-in storage cupboard. The main bedroom has a galleried landing overlooking the living space below.
The second bedroom has feature exposed brick walling and fitted shelving. The internal communal entrance and corridors are well maintained and brightly lit with stunning high ceilings.
The outside is well maintained and includes a secure remote-controlled entrance gate, accessing the ample sized car park for residents.
The location is very convenient to access a variety of the local shops and leisure amenities in Armley, with excellent commuting links to Leeds via bus or car.
The Leeds ring road leading to the motorway network is within a mile of the property.
Hall (3.05 x 2.13 (10'0" x 6'11")) Living Room/Kitchen (6.32 x 4.17 (20'8" x 13'8")) Balcony (6.32 x 1.16 (20'8" x 3'9")) Shower Room (2.48 x 2.32 (8'1" x 7'7")) Bedroom One (5.00 x 2.66 (16'4" x 8'8")) Bedroom Two (4.6 x 2.7 (15'1" x 8'10")) Kitchen (2.48 x 1.44 (8'1" x 4'8"))
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 Old School Lofts, Flat 32, Whingate, Leeds
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