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See how verdicts work2-bedroom flat · LS10 1JE
For saleReduced £15k (−8.1%) on 8 JulListed 259 days
Opportunity summary
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About
Two-bedroom first floor apartment in a waterside development at Leeds Dock with stunning dock views and a private balcony. Good size open plan living area with kitchen and two bathrooms.
Close to waterfront walks, amenities and Leeds station. EPC D. Council Tax Band D. Chain free.
Two-bedroom first floor apartment in a waterside development at Leeds Dock, offering immaculate accommodation with stunning dock views and a private balcony.
The property features a good size open plan living area with kitchen and two bathrooms, providing a practical layout ideal for everyday living.
Enjoying a prime dockside position, the apartment is moments from waterfront walkways, the Royal Armouries Museum and a range of cafés, bars and restaurants.
Leeds city centre and Trinity Leeds are within easy reach, along with excellent transport links from Leeds railway station. EPC rating D. Council Tax Band D. Offered chain free.
Communal entrance Fob entry system with secure mail boxes and lifts to all floors. Hallway The apartment's hallway has newly laid wooden flooring, recessed spot lights and video entry phone system.
A large cupboard housing the hot water cylinder (replaced in 2021) also offers ample storage.
Living area 15' 7" x 10' 0" (4.75m x 3.06m) The living area has newly laid wooden flooring, electric wall mounted heater and floor to ceiling windows with patio door leading out to the balcony.
Full dock views.
Kitchen 7' 10" x 7' 4" (2.40m x 2.25m) The open plan Kitchen has a range of fitted units with integrated appliances which include; A dishwasher and washer dryer which were both replaced in the last few years.
Electric oven and four ring electric hob, integrated microwave and full size fridge / freezer.
Balcony 9' 4" x 3' 8" (2.85m x 1.14m) The south facing private balcony has uninterrupted views of Leeds Dock.
Bedroom one 16' 2" x 8' 6" (4.94m x 2.60m) The main bedroom is a spacious double with views of Leeds Dock, newly fitted carpet, electric wall mounted heater and recessed spot lighting.
Ensuite 6' 8" x 5' 0" (2.04m x 1.54m) The ensuite comprises; large shower unit, hand basin, w.c. And heated towel rail.
Bedroom two 13' 10" x 8' 6" (4.22m x 2.60m) The second double bedroom is a great size with views of Leeds Dock, newly fitted carpet, electric wall mounted heater and recessed spot lights.
Bathroom 7' 4" x 5' 6" (2.24m x 1.68m) The house bathroom is partly tiled with shower over the bath, hand basin, w.c. And heated towel rail.
Leasehold and property information Lease term: 150 years (less 10 days) from 26.03.2002 Ground rent £200 pa (review every 25 years, due in 2027) Service charge for 2026 £3,050.56 pa (includes building insurance and water rates) EWS1 Compliant - B1 Rating Council tax band D EPC Rating D Low flood risk Satellite / Fibre TV Availability: BT & Sky Ultrafast full fibre optic broadband internet available (currently Hyperoptic 250 Mbps)
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.
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About 8, Magellan House, Leeds
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