2-bedroom flat · LS2 7PN
For saleListed 122 days
Opportunity summary
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About
**duplex** 732 sqft **bathroom & en-suite** well-presented **private terrace** light and bright throughout **available immediately** EPC rating C Forming part of Merchants House, is this well-proportioned, 2-bedroom, 2-bathroom, characterful apartment.
Covering 732 sqft, the spacious open plan living area has distinct sitting and dining areas, both of which benefit large sliding patio doors that open onto a decked terrace.
Raised above the living space is a large, recessed kitchen.
Offering both grey- and beech-coloured cupboards, finished off with black granite effect work tops, stainless steel built-in appliances including an electric oven, hob and extractor hood - as well as a free-standing fridge and freezer.
Off the entrance hall are two double bedrooms, both split over 2 levels, as well as a bathroom and a storage/cylinder cupboard - where the washing machine is housed.
Available immediately and sold chain free.
The Vendor informs us of the following:- Ground Rent - £50pa – no review Service Charge - £1,385pa Buildings insurance - £404pa Council Tax - Band D Lease Term - 999 years from March 1999 Heating – Electric Broadband - No issues to report Mobile – No issues to report Construction type – Conversion Building Safety – ews B1 rated Flood Risk:- None Planning Permissions:- None the development:- Merchants House is a stunning conversion spanning the city end of North Street, as it meets Trafalgar Street.
Being a combination of both 2 and 3 bedroom apartments, all having contemporary interiors, large windows and high ceilings.
The Northern Quarter has an array of trendy and unique restaurants, Gastro style pubs and an abundance of cafes and takeaways to sample - it also benefits from being a few minutes’ walk away from Victoria Gate, which incorporates John Lewis.
Lounge / diner:- Set over 2 levels, the open plan living space is a great size and easily allows for extensive lounging and dining for 6 if so desired.
Characterful features include high ceilings, split level living / dining and floor to ceiling patio doors that slide to give access to a large, decked terrace, that offers both park and city views.
Kitchen:- The L-shape, with dove grey and beech colour cupboards – finished off with complementary matt black granite effect worktops and stainless-steel splash backs.
Stainless-steel built-in appliances include an electric oven, ceramic hob and chimney extractor hood - as well as a free-standing silver fridge and freezer.
Bedroom 1:- Set over 2 levels and generous in size - with views towards Lovell Park from a large Velux roof window.
The room allows for a king-size bed, side tables, drawers and wardrobes and has the added benefit of a fully tiled en-suite, with mixer-controlled shower.
Bedroom 2:- Being a smaller double and set over 2 levels – it allows for a double bed, side tables and wardrobes - making it ideal for sharers and owner-occupiers alike.
Currently arranged as a home office/guest room, light pours in from a Velux roof window – which also offers views towards Lovell Park.
Bathroom:- Fully tiled, with a white suite incorporating a mixer shower over bath, wall mounted mirror, shaver socket and chrome heated towel rail.
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.
Area
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FAQ
About 34, MERCHANTS HOUSE, 66 NORTH STREET, LEEDS
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