3-bedroom flat · LS2 7PN
Listing removedListed 163 days
Opportunity summary
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About
Beautifully renovated top floor apartment on North Street, Leeds city centre, offering over 107 sq. M.
Of stylish living space, three bedrooms, high-end fixtures, secure parking and a private south-east facing terrace. EWS1 compliant with a 999-year lease from 1999.
A beautifully renovated top floor apartment on North Street in Leeds city centre, offering over 107 sq. M.
Of stylish living space, three bedrooms, secure parking and a rare private south-east facing terrace.
Finished to a high standard throughout, the apartment features a spacious open-plan living area with exposed brickwork, engineered wood flooring, skylights and a sleek modern kitchen with quality fixtures and fittings.
The principal bedroom is generously sized, with excellent storage and a striking glazed feature leading to a luxury bathroom area.
The property is EWS1 compliant and benefits from a 999-year lease from 1999.
Ideally positioned for the universities, First Direct Arena, restaurants, bars, shops and transport links, this is a superb city-centre home with space, character and private outdoor space.
Leasehold informaton Lease term: 999 years (less 10 days) from 1st January 1999 Ground rent £50 pa (No review period) Service charge £2,304 pa Building insurance £646 pa merchants house Grand communal entrance with fob entry system, mail boxes and lift to all floors.
Hallway 16' 7" x 3' 6" (5.06m x 1.09m) The entrance hallway has wooden flooring, electric wall mounted heater, video entry phone and large storage cupboard housing the hot water cylinder and plumbing for a washing machine.
Living area 36' 2" x 16' 7" (11.04m x 5.07m) The stunning open plan living area has patio doors leading to the private terrace.
The space has been beautifully presented with wooden flooring, feature fire place and brick style wall. Two skylights to each side bring in plenty of natural light.
Kitchen (Open Plan) The Kitchen has been completely renovated in recent years and comprises a range of modern fitted units, integrated fridge / freezer, electric oven, hob with extractor over, dishwasher and integrated microwave.
Terrace 10' 0" x 8' 5" (3.05m x 2.57m) Private south-east facing roof terrace with decked seating space and impressive city skyline views, offering a rare outdoor retreat in the heart of Leeds city centre.
Bedroom one 17' 5" x 7' 9" (5.33m x 2.37m) Bright and spacious principal bedroom with vaulted ceilings, skylight, engineered wood flooring and a striking glazed feature overlooking the luxury bathroom area.
A stylish and characterful room finished to a high standard throughout.
Ensuite 11' 3" x 7' 9" (3.43m x 2.37m) Stylish en-suite shower room finished to a high standard, featuring contemporary tiling, a large walk-in shower enclosure, wall-mounted vanity unit with feature basin, and w.c.
Bedroom two 13' 4" x 7' 11" (4.07m x 2.42m) Bedroom two is a well-proportioned double bedroom with a large skylight, built-in wardrobes and wood flooring, creating a bright and comfortable space with a clean, neutral finish.
Bedroom three 10' 11" x 7' 9" (3.33m x 2.37m) Bedroom three is a bright double bedroom with a large skylight, fitted wardrobe and wood flooring.
Currently arranged as a flexible office/guest room, it offers an ideal space for guests, working from home or everyday bedroom use.
Bathroom 8' 0" x 5' 4" (2.44m x 1.65m) Modern bathroom with modern tiling, wooden flooring, hand basin, vanity storage, WC, heated towel rail, and a walk-in shower with glass screen, rainfall shower, and white metro tiles.
Secure parking The property is sold with an allocated parking space which is located beneath the development. Lift access from the car park to all levels.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
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FAQ
About 42, Merchants House, Leeds
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