1-bedroom flat · LS1 5PZ
For saleReduced £5k (−10%) on 1 OctListed 71 daysAuction 21 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This vacant first floor studio apartment in Leeds City Centre is offered for sale via traditional auction.
The property is in good internal condition and would be perfect to add to a rental/Air BnB portfolio. The property is located at the junctions with Bedford Street and Park Row.
Public transport facilities include local bus routes as well as Leeds railway station close-by.
Shopping facilities are within a stone throw from the apartment with a variety of bars and restaurants along the nearby Greek Street.
Recreation amenities can be found within walking distance at the nearby Park Square.
Leasehold information: Lease length - 125 years from 1st June 2009 Ground Rent - £500 Per Annum Service Charge - £1,231.68 Per Annum.
Accommodation First Floor Kitchen area, bedroom/living area & shower room Additonal Information Council Tax Leeds City Council - Band B EPC Rating C Tenure Leasehold Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges And Payments In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Searches £360 inc VAT Disbursements Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 26 Bedford Chambers, 18, Bedford Street, West Yorkshire
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