1-bedroom flat · LS1 4EA
Listing removedListed 288 days
Opportunity summary
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About
**ONE BEDROOM APARTMENT - NO ONWARD CHAIN** Located on Wellington Street in the iconic residential development of City Central, the accommodation offers well a planned one bedroom apartment in the heart of the City Centre.
Situated on the third floor, the apartment briefly comprises; communal entrance, private hallway, open plan living room and kitchen, one bedroom, and house bathroom. EPC rating C council tax band C.
Communal Entrance Communal entrance. Stairs and lift to all floors. Hallway Accessed via front entrance door.
Open Plan Kitchen and Living Room 5.9m (19'4) x 3m (9'10) Open plan living area featuring high ceilings and sash window to front. Wall mounted electric radiator.
Opening to the fitted kitchen comprising; fitted units with worktops over, integrated fridge/freezer, integrated washing machine, integrated oven with 4-ring electric hob and extractor hood over.
1.5 bowl stainless steel sink. Kitchen Bedroom 3.5m (11'6) x 3m (9'10) Double bedroom with sash window. Wall mounted electric radiator.
Bathroom Fitted with three piece suite comprising; bath with shower over, WC and wash hand basin. Part tiled walls. wall mounted heated towel rail. Tenure Leasehold - 999 year Lease from 2000.
Ground rent £0. Service Charge The service charge is £210.00 payable quarterly.
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
Agent & docs
FAQ
About City Central, Wellington Street
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