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See how verdicts work3-bedroom house · LS11 5ED
Listing removedListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** three bedroom townhouse ** spacious terrace ** undercroft car parking with EV charger ** long lease and peppercorn ground rent ** A spacious townhouse in excess of 1560 square feet in one of the city's most desireable developments forming part of Holbeck Urban Village.
Many of the city's amenities are within easy walking distance including the southern entrance to the railway station (7 mins), Leeds General Infirmary (24 mins), the Law Courts (20 mins), Trinity (11 mins), Victoria Gate (18 mins) and Wellington Place (9 mins).
There are quality venues in the immediate area to eat and drink including The Midnight Bell, Northern Monk Refectory, The Cross Keys and Suki.
Additionally, further independent amenities can be found at Granary Wharf (3 mins). The Ironworks is a scheme of just 68 homes made up of apartments and town houses, built by PfPigloo in 2022.
The development sits with frontage to David Street just off Water Lane and forms part of Holbeck Urban Village and is designed with a nod to the heritage architecture that surrounds the development.
The property is being sold with no onward chain. We are advised that the current service charge £2250 P.A inc buildings insurance ?
We are advised that the current ground is peppercorn with no rent reviews ? Lease length 999 years from 1st Jan 2020 Heating: Gas Central.
Metred consumption Water: Mains connected, via a meter Broadband: High speed fibre available Mobile signal: No issues to report Construction type: Brick Flood Risk: None Local Planning Permissions: None
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 5 Foundry Side, David Street, Leeds
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