1-bedroom flat · LS14 2BJ
Listing removedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented, one-bedroom ex-local authority flat offers a practical and economical home ideal for first-time buyers or investors.
A major benefit of this property is its exceptionally low running costs, with the combined ground rent and service charge coming to just £88 per quarter, alongside a long lease of 114 years remaining.
The property will be coming to the market at an asking price of £85,000.
For buy-to-let investors, the flat offers an excellent investment profile with an expected rental income of £725 per calendar month.
This generates an annual rental income of £8,700, which translates to a highly attractive gross yield of 10.2%.
Combined with the minimal quarterly service charges, this ensures exceptionally strong net return potential. The interior layout is sensibly designed for low-maintenance living.
It features a good-sized living room with a large window, and a separate kitchen fitted with functional wood-effect units, generous countertop space, and integrated appliances.
The double bedroom includes useful built-in storage, while the bathroom is fitted with a standard three-piece suite and a window for natural ventilation.
The property benefits from double glazing throughout and radiator heating.
Outside, the flat enjoys its own private, low-maintenance paved rear garden, a small fenced front garden area, and the convenience of off-street parking.
Situated in a quiet, established residential area, this property represents an excellent, affordable opportunity.
EPC Rating: C Lounge 3.11m x 3.92m Kitchen 2.4m x 3.1m Bedroom 1 3.02m x 3.6m Bathroom 1.61m x 1.94m
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Hebden Chase, Leeds, LS14
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