1-bedroom flat · LS2 7JQ
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** cash buyers only *** one bedroom apartment with communal roof garden **** Stoneacre Properties are pleased to be able to offer for sale this one bedroom apartment located on the 4th floor of this attractive purpose built development of flats close to Leeds City Centre and therefore within reach of all shopping and transport amenities on offer there.
The apartment would make an ideal ready made rental investment. Featuring a spacious reception room with kitchenette, double bedroom, shower room and access to the communal roof garden.
Communal Entrance Secure entry system with lift leading up to the fourth floor.
Lounge Good sized lounge featuring large windows which flood the room with natural light, Juliet balcony and kitchenette. Bedroom Wood strip laminate flooring, built in open wardrobe.
Accommodates double bed. Bathroom Shower room comprising W.C, wash hand basin and shower cubicle.
Lease We are advised by the vendor that the property is leasehold with an original term of 125 years from 2011.
The current service charge is approximately £1232 per annum and ground rent is approximately £150 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
FAQ
About S408 Citispace, 11, Regent Street, Leeds
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