1-bedroom flat · LS7 1AR
For saleReduced £10k (−10%) on 5 AugListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright one bedroom 3rd floor apartment in Leeds city centre with floor-to-ceiling windows, open-plan living, double bedroom and modern bathroom.
Tenanted at £795 pcm and priced at offers over £100,000, giving an attractive gross yield of approximately 9.5%.
Bright and well-presented one-bedroom apartment on the 3rd floor in a convenient Leeds city centre location.
Featuring floor-to-ceiling windows, the property enjoys plenty of natural light and offers a spacious open-plan living kitchen area, double bedroom and modern bathroom.
EWS1 B1 Certified - Mortgageable investment opportunity Rental of £795 pcm (£9,450 pa) Gross Yield 9.5% Current tenancy is monthly rolling leasehold & property information Lease term: 150 years from 1st January 2004 Ground rent £200 pa (review every 25 years by rpi) Service charge for 2026 £1,081.96 pa lovell house Communal entrance with secure mail boxes and lift to all floors.
Hallway 7' 10" x 7' 1" (2.41m x 2.16m) Good size entrance hallway with wood effect laminate flooring and large storage cupboard housing the hot water cylinder and washing machine.
Living area 24' 10" x 9' 5" (7.59m x 2.89m) Bright and spacious living area with floor to ceiling windows and wood effect laminate flooring throughout.
Kitchen (Open Plan) The Kitchen is open plan to the living area and has a range of modern recently updated fitted units, integrated electric oven and hob with extractor fan over.
Space for a freestanding fridge / freezer.
Bedroom 13' 4" x 9' 3" (4.08m x 2.84m) Double bedroom with full width floor to ceiling windows, wood effect laminate flooring and electric wall mounted heater.
Bathroom 7' 10" x 5' 7" (2.40m x 1.71m) The bathroom comprises; bath with shower over, hand basin, w.c., wall mounted mirror and heated towel rail.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 59, Lovell House, Leeds
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