2-bedroom flat · LS1 4JJ
For saleListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious apartment within West Point, a very well-established development in a central location.
The property benefits from a spacious open plan living area with feature box-window and additional feature box-window to the master bedroom as well as very rarely found additional storage access from the lift lobby.
West Point is a conversion of a former office building and benefits from a concierge and lift access to all floors as well shops, restaurants, bars, and cafés to the ground floor level.
There are further amenities in the immediate area within the Central Square development next door.
Lease Length: 999 years from 2005 Service charge: £4400 Ground rent: £365.23 Ground rent review: Every 10 years by RPI. Next review Jan 2027
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 West Point, Wellington Street LS1
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