Modern Method of Auction
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See how verdicts work1-bedroom flat · LS3 1HN
For saleReduced £15k (−37.5%) on 6 OctListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starting bid - £50,000. An excellent opportunity to acquire a well-presented ground floor studio apartment in a highly convenient Leeds location.
Offered fully furnished, the property is ideally suited to buy-to-let investors or those seeking accommodation close to Leeds city centre, the universities and Leeds General Infirmary.
With a potential rental income of approximately £500 per calendar month, this affordable investment offers strong appeal and the opportunity to generate income with minimal initial expenditure.
Location Situated in the popular Kelso Heights development on Belle Vue Road, this apartment enjoys a highly convenient location just a short distance from Leeds city centre.
Residents benefit from easy access to an excellent range of shops, restaurants, bars, and leisure facilities, as well as the vibrant business and financial districts.
The nearby universities and hospitals make the area particularly attractive to professionals, academics, and students alike.
Excellent transport links, including regular bus services and convenient access to Leeds Railway Station and the motorway network, provide straightforward commuting throughout the region.
The development is also well placed for enjoying nearby green spaces and riverside walks, offering a great balance of city living and outdoor recreation.
Accommodation The accommodation comprises a welcoming entrance leading into a modern fitted kitchen featuring a range of contemporary wall and base units, contrasting work surfaces, tiled splashbacks and space for essential appliances.
Beyond the kitchen is a bright and well-designed open-plan studio room, providing clearly defined living, sleeping and study areas.
A raised sleeping platform makes excellent use of the available space, creating valuable storage beneath whilst maintaining a practical and comfortable living environment.
A rear-facing window allows plenty of natural light to fill the room.
Completing the accommodation is a stylish, fully tiled shower room fitted with a walk-in shower enclosure, wash hand basin and low flush WC.
The apartment is offered for sale fully furnished, making it an ideal turnkey investment or student purchase.
Leasehold & related charges We understand that the property is leasehold and may therefore carry an annual charge for maintenance/ground rent. We are advised that the following applies.
Length of Lease 125 years from 1st January 2006 - with 105 years remaining as of 2026 - Ground Rent £200 P.A. Maintenance charge of tbc.
Clarification regarding lease terms, length and any charges should be sought via the vendors solicitors.
Modern method of auction (iamsold) 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 buyer 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 4.50% 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. Please note The extent of the property and its boundaries are subject to verification by inspection of the title deeds.
The measurements in these particulars are approximate and have been provided for guidance purposes only.
The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order.
The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.
Referral fee disclosure As well as your obligation to pay our commission or fees we may also receive a commission, payment, fee or reward (known as a Referral Fee) from ancillary providers for recommending their service to you.
Please see website for full details. Brochure details Hardisty prepared these details, including photography, in accordance with our estate agency agreement.
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.
Area
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FAQ
About 32 Kelso Heights,, Belle Vue Road, West Yorkshire
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