2-bedroom flat · LS6 1FH
For saleReduced £10k (−3.8%) on 2 OctListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful two bedroom ground floor apartment set within a Grade II listed former school and benefiting from a private wrap around terrace. Leasehold: 999 years from 2017.
Service Charge: £1200 per annum for 2026. Ground Rent: £200 per annum. Council Tax Band B.
General Forming part of the Victoria Gardens development, The Old School House is an eye-catching building set within well-maintained communal grounds.
Positioned on the ground floor, this apartment benefits from a private entrance, a wrap around terrace/courtyard, and one private parking space.
There are high-quality fixtures and fittings throughout, together with electric wall panel heaters and timber framed double glazed sash windows.
Comprising: A private entrance hall, store cupboard, an open plan lounge/kitchen with French doors to the terrace, two double bedrooms (one with French doors to the terrace) and a stylish bathroom with over bath shower and the benefit of a window.
Internal viewing essential to fully appreciate this chain free property! Area Hyde Park is an area of north Leeds, approx.
1 mile from the city centre and within easy reach of the Universities, Business School and Hospitals. The neighbourhood is a diverse suburb hosting several independent shops and restaurants.
Headingley is approx. 15 minutes away on foot, and the open spaces of Woodhouse Ridge and Hyde Park are close by.
The building itself was originally part of Leeds Girls High School, dating from circa 1876, and was converted into luxury apartments in 2017.
Ground floor communal entrance hall Accessed via a secure video/door entry system, the building has characterful communal areas, including vaulted brick arched ceilings in the wider than average hallways, and an original grand staircase.
Private entrance hall A spacious private hallway with a cloaks/store cupboard (which also houses a modern water tank) and floor space for a console table or even a desk/home office set up if desired.
Open plan lounge/kitchen A delightful dual aspect room which benefits from two sash windows and French doors to the private terrace.
Kitchen area Comprising a range of modern wall and base units with on trend handleless doors and drawer fronts, together with complementary worksurfaces and matching upstands.
Integrated bosch appliances including dishwasher, fridge/freezer, washer/dryer, electric oven, halogen hob and extractor hood. Slow closing mechanism to kitchen unit door and drawer fronts.
Pelmet lights under wall units. Bedroom one (double) With a large portrait sash window and a carpeted floor, and ample floor space for the usual bedroom furniture.
There is a deep windowsill and wall mounted up-lights. Bedroom two (double) With feature French doors to the private terrace, this is another double with a carpeted floor.
Bathroom Having a panelled bath with a rain head shower over, a pedestal washbasin/inset vanity unit and a low-level WC.
Partial wall tiling, a wall mounted bathroom cabinet with LED lighting and the benefit of a window fitted with privacy glass.
Outside The Old School House sits in well-established communal grounds with mature trees and grassed areas for residents to enjoy. There is one private parking space for this apartment.
The development also benefits from on-site CCTV. Material information tenure Leasehold for 999 years from 2017.
Service charge The seller informs us that the annual service charge for 2026 is £1200, which is paid quarterly. Ground rent The seller informs us the annual ground rent charge is £200.
Services The property has mains electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband is available in this area / mobile signal & coverage is available in this area.
Flood risk – not known to be an issue / planning permission – none in the immediate area Council tax band B
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
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FAQ
About Flat 6, The Old School House, 5, Victoria Gardens, Leeds
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