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See how verdicts work2-bedroom flat · LS9 8DW
Sold STCListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This second-floor, two-bedroom apartment is located within a converted riverside development in Leeds city centre.
The accommodation comprises an open-plan kitchen and living area, two bedrooms and a bathroom, with exposed brickwork adding character to the interior.
A concierge office is available on site for residents. The property is well positioned for access to city-centre shops, bars, restaurants and everyday amenities.
Leeds Dock is nearby, offering cafés, waterside walks and a supermarket, while Trinity Leeds and the Victoria Quarter are also easily reached.
Leeds railway station is approximately a 15 minute walk away, providing regular services to regional and national destinations. Offered chain free and vacant for immediate purchase.
LEASHOLD INFORMATION Lease term: 999 years from 2004 Ground rent £250 pa - review every 25 years by RPI (due 2029) Service charge for 2026 £1,897.56 pa Please note the development is in the final stages of remedial work for fire safety.
The EWS1 certificate is anticipated to be ready in Spring 2026. THE PROPERTY Communal entrance with fob entry, lift and stairs to all floors.
HALLWAY 19' 3" x 3' 11" (5.87m x 1.20m) The entrance hallway has wood flooring and a storage cupboard housing the hot water cylinder and plumbing for a washing machine.
LIVING AREA 19' 3" x 14' 10" (5.88m x 4.54m) The open plan living area has wooden flooring throughout, large double glazed windows and exposed brick to one side.
KITCHEN (Open Plan) The kitchen has a range of fitted units with integrated appliances which include; electric oven, four ring electric hob, dishwasher, fridge with freezer compartment and microwave.
BEDROOM ONE 10' 7" x 8' 7" (3.24m x 2.63m) The first double bedroom has an exposed brick wall and large double glazed window. Electric wall mounted heater.
BEDROOM TWO 10' 7" x 8' 8" (3.24m x 2.66m) The second double bedroom has an exposed brick wall and large double glazed window. Electric wall mounted heater.
BATHROOM 6' 11" x 5' 6" (2.13m x 1.70m) The bathroom comprises; bath with shower over, hand basin and w.c.
Value & comps
No previous sales on record.
Returns
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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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Roberts Wharf, Neptune Street
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