1-bedroom flat · LS5 3LF
Opportunity summary
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About
A one bedroom first floor flat in a characterful Victorian Mansion on the Kirkstall/Headingley border. Leasehold: 999 years from 1990.
Service Charge: £1200 per annum, which includes a sum to cover Ground Rent. Council Tax Band B.
General Presented to the market with the benefit of no onward chain, this is a great opportunity for a first-time buyer, or an investor landlord, to purchase a well-proportioned flat that enjoys a long lease and a comparatively low service charge (that includes a sum to cover the ground rent).
Oakfield House is an imposing Victorian mansion comprising 14 apartments over four floors.
With gas central heating and large portrait windows, this apartment briefly comprises a private entrance hall with store cupboard, a lounge with a furniture friendly footprint, a modern kitchen, a double bedroom and a bathroom with over bath shower.
The location is within a couple of minutes’ walk of Headingley train station, and handy for numerous public transport links into the city centre and the universities.
Five minutes away is the famous Headingley cricket ground and rugby ground, as well as all the shops and bars in Headingley and Kirkstall.
The flat has private and visitor car parking and is set within extensive grounds maintained by the leasehold management company. Early viewing highly recommended.
Please note: The property is currently tenanted and at some point our seller will need to serve notice to bring the tenancy to an end.
We are using marketing photos taken before the current tenants moved in. Area Kirkstall is a popular suburb in north-west Leeds, situated approx. Three miles from Leeds city centre.
Recent regeneration in the area has included Kirkstall Retail Park, and Headingley’s vibrant centre is approx. 15 minutes away on foot.
Headingley train station is very close to Oakfield House, with Leeds city centre being just two stops away (Horsforth, Harrogate, Knaresborough and York are also accessible via this station).
The area has an abundance of open spaces, including Kirkstall Abbey, Kirkstall Forge and Kirkstall Valley Nature Reserve, providing open spaces and solace from the daily hustle and bustle.
Ground floor (accessed via steps) Communal entrance Accessed via the outside steps up and having a secure door entry system intercom.
Private entrance hall Giving access to all rooms and having a storage cupboard.
Lounge 3.80m x 4.10m (12'5" x 13'5") This is a south facing reception room with hard flooring, original window casements and a high ceiling. Leading to...
Kitchen 3.61m x 1.88m (11'10" x 6'2") Comprising a range of contemporary base and wall cupboards, with splash tiling and complementary worktops incorporating a split-level electric oven/hob with overhead filter hood.
Plumbing for a washing machine and floor space for an upright fridge/freezer. Original window casements and a wall mounted gas combi boiler.
Bedroom one (double) 4.52m x 3.35m (14'9" x 10'11") A spacious double bedroom with a carpeted floor and a feature arch and recess into the chimney breast.
Bathroom A stylish fully tiled bathroom comprising a panelled bath with plumbed shower over, a low-level WC and a pedestal washbasin.
Outside There is ample off-street parking in a resident’s car park. Maintained communal grounds. Material information: Tenure Leasehold for a term of 999 years from 1990.
The Freehold is owned by Oakfield House Management Company Limited and each of the leaseholders owns a share of the freehold.
This ensures control of the building always remains in the hands of the leaseholders.
Service charge & ground rent We understand the service charge to be £1200 per annum and this includes a sum to cover ground rent.
Services The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband/mobile signal & coverage Broadband is available in this area / mobile signal & coverage is available in this area.
Flood risk & planning permission Flood risk – not known to be an issue / planning permission – none in the immediate area. Council tax band B
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
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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.
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Area
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FAQ
About Flat, 6, Oakfield House, Kirkstall
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