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 work2-bedroom flat · LS2 7JS
For saleReduced £7.5k (−7.7%) on 25 SepListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** leeds city centre flat *** rare to market 2-bed citispace apartment *** now EWS1 compliant *** Stoneacre Properties are delighted to offer to the sales market a spacious two double bedroom flat at the Citispace development.
The property comprises two double bedrooms, open plan kitchen/diner, separate lounge and shower room. On site launderette. Viewings on this property are highly recommended to avoid disappointment!
The property is currently let out at £700 pcm.
*** leeds city centre flat *** rare to market 2-bed citispace apartment *** now EWS1 compliant *** can be sold with vacant possession also ideal for investors *** Stoneacre Properties are delighted to offer to the sales market a spacious two double bedroom flat at the Citispace development.
The property comprises two double bedrooms, open plan kitchen/diner, separate lounge and shower room. On site launderette. Viewings on this property are highly recommended to avoid disappointment!
The property is currently let out at £700 pcm. Communal Entrance Secure entry system, postboxes with lift to 2nd floor apartment entrance.
Kitchen/Diner Wood strip laminate flooring, wall mounted electric heater, double glazed floor to ceiling windows with sliding door and Juliette balcony.
Kitchenette comprising stainless steel sink, two ring electric hob, oven and space for fridge.
Lounge Second reception room dedicated to a sitting room again with double glazed floor to ceiling windows with sliding door and Juliette balcony.
Bedroom 1 Wood strip laminate flooring, built in open wardrobe. Bedroom 2 Wood strip laminate flooring, built in open wardrobe. Bathroom Shower room comprising W.C, wash hand basin and shower cubicle.
Tenancy The property is to be sold as a tenanted investment, with the current tenancy being an AST with rent of £700pcm. Further information is available upon request.
Lease We are advised the property is leasehold with a term of 125 years from 2004. The current service charge is approximately £927.73 per 6 months and the ground rent is £250 per annum.
A buyer is advised to obtain verification from their solicitor or legal advisor.
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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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 W204 Citispace, 2 Leylands Road, Leeds
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