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 work4-bedroom flat · LS16 5JG
For saleListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AN UNUSUAL OPPORTUNITY TO PURCHASE 2 x TWO BEDROOMED APARTMENTS INCLUDING THE FREEHOLD IN THE FAR HEADINGLEY CONSERVATION AREA, SET WITHIN THIS HISTORIC BUILDING, PART OF IT DATING BACK TO THE 19TH CENTURY.
NESTLED BETWEEN TWO PUBS ON OTLEY ROAD, OVERLOOKING PARKLAND OPPOSITE, ON THE DOORSTEP OF LOCAL SHOPS, CAFES, RESTARAUNTS AND CLOSE TO SCHOOLS, THE EXTENSIVE AMENITIES IN HEADINGLEY, THE VILLAGE HOTEL AND LEISURE FACILITIES, BECKETTS PARK UNIVERSITY CAMPUS AND WITH EASY ACCESS INTO LEEDS CITY CENTRE WITH A BUS STOP VIRTUALLY OUTSIDE.
The well presented properties situated in this very convenient and prominent location, provide a great opportunity for private buyers or investors, with flexible accommodation, perhaps more suitable for either long term rental with income potential of over £25,000 p/a or letting both properties on an Airbnb type basis.
Also possibly of interest to buyers wishing to be live close to relatives, whilst still maintaining independent living.
Both flats have very similar layouts with the top floor flat enjoying vaulted ceilings, comprising an open plan lounge and kitchen, two double bedrooms, a shower room w/c and useful utility areas.
Outside, there is a gated path to the side providing a good degree of security and access to both properties. Internal viewing highly recommended of this characterful and historic building.
The photographs have been provided by the sellers and also include images of days gone by!
Point to note: We are advised that both properties are currently liable for nil rate business rates rather than council tax.
We are also advised the previous council tax rating was B for each property.
Buyers wishing to live in the properties or let them on a long term basis would need to change them back to a council tax rating.
Value & comps
No previous sales on record.
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 asking
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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.
Area
Agent & docs

FAQ
About Otley Road, Leeds
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