We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat · LS11 9AH
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The One Residence offers an exciting opportunity to secure a large seventh floor two bedroom apartment in central Leeds, providing approximately 829 sq ft of contemporary living space with a high quality modern specification.
Just minutes from the heart of Leeds, the development is ideally positioned for access to major employment hubs, shopping, dining, entertainment and transport links.
Short term lets are permitted, providing additional flexibility for investors.
With strong rental demand, a growing population and a thriving professional and student market, Leeds continues to establish itself as one of the UK’s most attractive regional investment cities.
Full Description Spacious Seventh Floor Two Bedroom Apartment in Central Leeds This spacious two bedroom apartment offers approximately 829 sq ft of contemporary living space on the seventh floor of The One Residence, a new 12 storey residential development in the heart of Leeds.
Offering considerably more space than a typical city centre apartment, the property has been designed around modern urban living, with a generous open plan kitchen, living and dining area, two separate bedrooms and contemporary bathroom accommodation.
The specification combines practical, low maintenance finishes with a refined modern aesthetic, making the apartment well suited to professionals, sharers and investors seeking a larger property in central Leeds.
The kitchen features sleek handleless Gamadecor units with Krion worktops and integrated sinks, complemented by a single oven, four zone hob, canopy hood, integrated fridge freezer and dishwasher.
Living areas are finished with engineered wood or luxury vinyl tile flooring, while the bedrooms benefit from neutral carpeting.
Bathrooms and en-suites within the development are fully tiled and feature wall-hung WCs with concealed cisterns, contemporary basins, feature mirrors and chrome heated towel rails.
Depending on the individual apartment layout, bathroom configurations incorporate either a bath or thermostatic shower.
Central Leeds Location Positioned on Manor Mills Road in Holbeck, the development places residents within easy reach of Leeds city centre, major employment districts, shopping, dining, entertainment and transport connections.
Leeds City Centre is approximately a six minute walk away, while the surrounding area provides convenient access to Leeds City Station, Canal Wharf and many of the city's key attractions and amenities.
This combination of a central location and substantial 829 sq ft internal footprint gives the apartment broad appeal, particularly for tenants looking for the convenience of city centre living without compromising on space.
For investors, short term lets are permitted, creating additional flexibility between short stay and more traditional rental strategies.
The development also offers a 999-year lease, peppercorn ground rent and a 10 year warranty. Why Invest in Leeds?
Leeds has established itself as one of the UK's leading regional property markets, supported by a substantial population, major employment base, large student community and continued demand for centrally located rental accommodation.
The city has a population approaching 800,000 and sits within the wider Yorkshire region of approximately 5.4 million people.
Leeds also has a student population of around 136,000 and approximately 30% remain in the city following graduation, contributing to ongoing housing demand.
The city's employment credentials provide another important driver of rental demand.
Major employers include asda, First Direct, BT and Direct Line, while Leeds also hosts the Bank of England's only subsidiary office. Connectivity is equally strong.
Direct rail links connect Leeds with Manchester in approximately one hour, Liverpool in one hour 40 minutes and London in one hour 50 minutes, supporting the city's position as a major northern business and residential hub.
For investors looking for a larger apartment in one of the North's most important cities, this 829 sq ft seventh floor two bedroom property combines generous accommodation, a contemporary specification, central location and short term letting flexibility.
Key Features Seventh floor two-bedroom apartment Approximately 829 sq ft Generous open-plan living, dining and kitchen accommodation Two separate bedrooms Short-term lets permitted Central Leeds location Approximately six minutes' walk from Leeds City Centre Contemporary handleless fitted kitchen Krion worktops and integrated sink Integrated oven, four-zone hob, fridge freezer and dishwasher Engineered wood or luxury vinyl flooring to living areas Neutral carpeting to bedrooms Fully tiled contemporary bathroom specification Full lift access to all floors Audio access control system High-speed broadband-ready 999-year lease Peppercorn ground rent 10-year CML warranty
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 advisers 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 The One Residences, Apartment 701, Manor Road, Leeds
Explore nearby