We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LS20 8LY
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very smart duplex apartment situated within the conversion of the former Guiseley tram depot known as "Tramways", well positioned on the edge of Guiseley with a wide range of amenities within easy walking distance, including Guiseley train station.
The apartments are arranged around an attractive communal courtyard and benefit from the added feature of a secure gated car park to the rear, together with further communal grounds beyond the courtyard.
The accommodation provides an entrance hall with useful storage cupboard, a modern bathroom and an impressive open-plan living and dining area featuring a full-height ceiling and recently fitted kitchen.
A bedroom completes the ground-floor accommodation. To the first floor is a generous mezzanine bedroom with built-in wardrobes and a stylish en-suite bathroom.
Outside, there is a particularly pleasant communal courtyard area with access to the secure rear car park and further communal grounds beyond.
This is a superb opportunity to acquire a well-presented duplex apartment in a convenient and popular location.
With electric heating, the accommodation comprises: Reception An impressive glazed entrance, complemented by a secure video entry system, opens into an elegant communal reception area with individually designated post boxes for each apartment.
From here residents have access to a beautifully landscaped and thoughtfully maintained inner communal courtyard, providing a peaceful and attractive shared outdoor space.
Ground Floor Private Entrance Hall Accessed via a wooden door with glazed panel, the welcoming entrance hall features wood flooring, a generous storage cupboard with shelving, and a further cupboard housing the hot water cylinder.
Open Plan Dining/Sitting Room (7.82m x 4.32m (max) (25'8 x 14'02 (max))) With two windows overlooking the front, this spacious open-plan room features an impressive full-height ceiling with a mezzanine above, creating a good sense of space and volume.
A combination of carpet and wood flooring, and recessed spotlights. Wall mounted video entry system.
Kitchen (3.12m x 2.87m (10'03 x 9'05)) Recently fitted and open plan to the dining room, with a glazed partition creating a light and spacious feel, the kitchen comprises a good range of Howdens base and wall units with quartz worktops and matching upstands.
Features include slate-effect luxury vinyl tile flooring, a recessed 11⁄2-bowl sink, tiled splashback and recessed spotlights.
Integrated appliances include a fridge, freezer, oven, induction hob with extractor, wine fridge, slimline dishwasher, washing machine and microwave.
Bathroom (2.03m x 1.91m (6'08 x 6'03)) The bathroom comprises a pedestal wash hand basin, bath with shower attachment, towel rail and concealed-cistern WC.
The room is finished with tiled walls, recessed spotlights and non-slip flooring. Bedroom (3.10m x 2.34m (10'02 x 7'08)) With a window to the front.
First Floor Bedroom (7.80m x 3.28m (25'07 x 10'09 )) A particularly impressive and generously proportioned room, featuring an open balcony-style mezzanine overlooking the space below.
The room also benefits from fitted double wardrobes, offering excellent storage.
Shower Room (2.11m x 1.63m (6'11 x 5'04)) The shower room comprises a shower cubicle, WC and pedestal wash hand basin, with tiled splashback, fitted mirror, towel rail, extractor fan and recessed spotlights.
Secure Parking At the rear of the property there is an electronically operated gate providing access to the allocated parking.
There is also access directly off this car park via a rear entrance to the building.
Communal Outside Space As previously mentioned, the development benefits from a communal courtyard with an open roof, creating a bright and airy shared space.
The courtyard is smartly landscaped, being mainly paved and gravelled, with an ornamental bridge and a variety of established planting, providing a pleasant and tranquil area for residents to enjoy.
Tenure We are informed by the client/s that the property is Leasehold.
Service Charge We are informed by the current service charge is £1850 per annum and includes We are advised that the lease is a 999 year lease which commenced in 2003.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Apartment 10, 135, Otley Road, Leeds
Explore nearby