2-bedroom flat · LS1 4JT
Let agreedListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deposit free option available //Fully Furnished //Floor to ceiling windows //LS1 location //Allocated parking space included //Few minute walk to Leeds station //Local shops and restaurants nearby //Development has a lift West point is the conversion of the former royal mail house on wellington street just to the west of city square.
The adjoining central square development is the new home for the likes of pwc and rsm and you will be literally spoilt for choice when it comes to food and drink.
Material information for consideration: Deposit: £1,413 Holding fee: £281 EPC Band: D Council Tax Band: D Leasehold property Allocated Parking included Broadband: Standard highest download speed: 16mbps.
Standard highest upload speed: 1mbps. Ultrafast highest download speed: 1000mbps. Ultrafast highest upload speed: 100mbps. Mobile availability: EE likely to have good coverage.
Three likely to have good coverage. O2 likely to have good coverage. Vodafone likely to have good coverage. Utilities: No gas. Water supplied on a meter. Electric mains supplied on standard meters.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 296 West Point,, Wellington Street, West Yorkshire
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