2-bedroom flat · LS12 1DE
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPLIT LEVEL PENTHOUSE, LARGE TERRACE, PARKING, RIVER VIEWS.
CONCIERGE SUITE City Island is a very popular development comprising 404 apartments, built by Mayfair Developments in 2003, it is easily accessed from the City Centre via Wellington Street or Whitehall Road and via the Canal.
City Island benefits from on-site concierge and an attractive Piazza with water features. Leasehold and property information given by owner.
Lease: 999 years from 2003 Ground rent: £200 Service charge: ££1491.35 per half year Council Tax Band D Founded by Nigel Lenton, who heads the team bringing over 40 years of experience in sales and lettings and an unrivaled reputation in the City to match, gives assurance you are in trustworthy and capable hands.
At The Agency, you can count on receiving honest, reliable, and expert advice during your property journey whether you are a seasoned investor or renting your first home.
Our team's extensive expertise backed up by extremely high standards of client care means every property and interaction counts ensuring a seamless experience for everyone whether buying, selling or letting with The Agency.
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 advisors 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
FAQ
About Beringa, Gotts Road, Leeds, LS12
Explore nearby
