2-bedroom flat · LS14 3DU
Sold STCReduced £9k (−7.6%) on 4 JunListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming ground floor retirement apartment located in a peaceful location in the highly popular Village of Scarcroft.
This property has recently been refurbished, and is now ready for someone to move straight into. Excellent bus connectivity on your doorstep!
The apartment offers a spacious layout, ensuring ample room for relaxation and entertainment. Perfect for single occupancy or couples.
The apartment is part of a shared ownership scheme of 70% to the owner and 30% ownership retained by "Together Housing Association Ltd".
This property is offered to the market chain free and early viewing is highly recommended.
In brief the retirement apartment comprises; Entrance Hall, living dining room with sliding patio doors, which lead out to the communal gardens, Kitchen, two bedrooms, one with built in wardrobes and a shower room.
Residents can take advantage of the communal garden and off-street parking facilities, providing convenience and ease of living.
The quiet and tranquil surroundings make this property a perfect retreat.
With easy access to local amenities and transport links, this apartment offers a harmonious blend of convenience and affordability.
Don't miss the opportunity to make this lovely apartment your new home.
Please Note: - IMPORTANT CLAUSE IN THE LEASE The flat is for any age provided they receive a pension or are retired, so could include a person who has had to take early retirement.
An older working person is not eligible.
- Together Housing will carry out an assessment of any potential purchaser to ensure they meet all the shared ownership criteria, as per government guidelines and ensure they meet all requirements of the lease.
- Help to buy approval is needed for all interested parties.
- This property is a surrender and re grant lease (When a new owner is in residence the old lease is surrendered & new lease is granted for approx.
60 years, with a cost of £300 + vat to the purchaser - £350 + vat to the vendor) Anti-Money Laundering (AML) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Tenure Leasehold Please note this property is on a surrender and re-grant lease, a new 60 year lease will be issued on completion.
(charges apply) Service Charge £1,011.12 per annum Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change
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
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 advisors 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
Agent & docs
FAQ
About 11 Scarcroft Court, Thorner Lane, Scarcroft, Leeds, West Yorkshire
Explore nearby