Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · LS8 2PH
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Three-Bedroom First Floor Apartment | South-Facing Rear Aspect | Balcony | No Onward Chain Offering considerably more space than many apartments, this generously proportioned three-bedroom first floor flat is ideally positioned in a popular cul-de-sac location, just a short stroll from Oakwood and within easy reach of Leeds city centre.
The flat is ready to move into and enjoy straight away, while also offering the opportunity for some updating and a few thoughtful upgrades to make it your own.
Offered for sale with no onward chain, it also benefits from attractive communal grounds, a south-facing rear aspect and a covered balcony overlooking the gardens.
A secure communal entrance, with intercom entry system, leads to the upper floors and the private entrance to the apartment. The spacious hallway provides access to all the principal rooms.
The L-shaped living and dining room is a particularly appealing space, with generous lounge and dining areas and large windows overlooking the rear gardens.
The south-facing aspect allows plenty of natural light into the room, while the covered balcony provides a lovely additional space to sit and enjoy the outlook.
The separate kitchen is a good size and bright, with windows to the front and space for the usual range of appliances, together with plumbing for a washing machine.
There are three bedrooms, with bedrooms one and two both offering excellent double-bedroom proportions.
Bedroom three is smaller but remains a very useful-sized room, ideal as a bedroom, home office or dressing room.
The bathroom is fitted with a white suite comprising bath with shower over, wash basin and WC.
Outside, the property enjoys well-maintained communal gardens, with the upkeep included within the service charge.
The location is a real feature, with Oakwood's excellent range of shops, cafés, bars, restaurants and everyday amenities all within easy walking distance.
Roundhay Park is also within easy reach, while Leeds city centre is readily accessible by road and public transport.
The property is within the catchment area for highly regarded local schools, including Roundhay High School.
Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 29, Newton Court, Leeds
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