1-bedroom flat · LS1 6DG
For saleListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The full refurbishment of a stunning city centre residence immediately opposite one of Leeds? Most cherished landmarks, The Corn Exchange. Welcome to Merchants Place.
Carefully designed by award winning architects, Merchants Place will retain all of it?s original stunning exterior that includes decorated brickwork and arched windows.
Views overlooking The Corn Exchange will be quite spectacular.
Offering a modern yet historic charm, this development of just 12 apartments combines stylish, contemporary interiors with unbeatable views and a prime location.
Perfect for those seeking a vibrant urban setting. Everything that the city of Leeds has to offer is right on your doorsptep. These apartments are set to be snapped up quickly on the rental market.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Merchants Place, New Market Street Leeds, England
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