2-bedroom flat · LS1 4EA
Let agreedListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb two bed, one bath apartment in this beautiful tastefully converted former Wellesley Hotel. The apartment is located on the 6th floor with great views of Leeds City Centre.
The accommodation comprises: Entrance hallway with storage cupboard, High spec bathroom fully tiled with white suite, open plan living/dining area, separate kitchen with integrated appliances and additional cupboard space, two double bedrooms with built in wardrobes in the primary bedroom.
The property is available unfurnished. Deposit £1490. EPC Rating C. Council tax band E. Unfurnished 2 bedroom apartment at the popular City Central development on Wellington Street.
Fees - A £295 Holding Fee is payable once a tenancy has been agreed with the landlord. We are unable to process an application for a tenancy until the Holding Fee is received.
Upon successfully passing referencing or providing a suitable guarantor, the Holding Fee will be used as part of your deposit.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 City Central, Wellington Street
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