1-bedroom flat · LS9 8FJ
For saleReduced £10k (−7.4%) on 12 SepListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-free, top-floor one-bedroom apartment with a generous layout and far-reaching views across the landscaped communal gardens.
Available to purchase as a 50% shared ownership share or at 100% ownership, with an on-site gym and caretaker.
Offered chain free, this spacious top-floor one-bedroom apartment enjoys a bright open-plan living space, a good-sized double bedroom and impressive views across the landscaped communal gardens.
The property is available to purchase as a 50% shared ownership share or at 100% ownership, and residents also benefit from an on-site gym and caretaker.
Saxton Gated development with fob entry system, mail room, caretaker office and residents gym (fees apply) Large landscaped garden to the rear and allotments available for residents to rent (subject to availability) The development has visitor pay and display car parking.
Hallway 3' 1" x 9' 3" (0.96m x 2.84m) The entrance hallway features wooden flooring, recessed spotlights and provides access to all rooms.
Living area 19' 9" x 13' 6" (6.02m x 4.12m) The spacious living room features wooden flooring, two electric heaters and floor to ceiling windows which frame the lovely elevated views across the communal gardens and surrounding area.
Kitchen (Open Plan) The kitchen offers plenty of storage and is fitted with an integrated electric oven, electric hob and fridge with freezer compartment.
The storage cupboard to the side houses the hot water cylinder and provides plumbing for a washing machine.
Bedroom 14' 2" x 10' 1" (4.34m x 3.09m) The generous double bedroom is carpeted and features an electric heater and a Juliet balcony, enjoying the same far-reaching views across the communal gardens and surrounding area.
Bathroom 8' 4" x 5' 7" (2.55m x 1.71m) The modern bathroom is fitted with a white suite comprising a bath with shower over, wall-mounted wash basin and WC, complemented by tiled flooring, a heated towel rail, a large wall mirror and a useful mirrored storage cupboard.
Shared ownership information The property is currently on a 50% shared ownership scheme. Purchasers have the option to buy at 100% or the current 50% share.
50% Share price £67,500 100% ownership price £135,000 The 50% shared ownership has a monthly rental which applies. The current monthly rental is £116.73. Full responsibility for the service charge.
Eligibility criteria for shared ownership with Places for People In order to buy a home under a Shared Ownership scheme, you need to meet the eligibility requirements, as well as pass the affordability checks.
Who is eligible for Shared Ownership? You need to have a household income of under £80,000 a year (or £90,000 in London).
You need to not be able to afford a home with a standard deposit and mortgage that meets your needs. You also usually need to meet one of these requirements: Be a first-time buyer.
Not currently a homeowner, or cannot afford to buy a home that meets your needs through a standard purchase.
Already a homeowner (this could be through Shared Ownership), who wants to sell their current home.
Leasehold information Lease term: 150 years (less 11 days) from 19th October 2009 Ground rent £105 per annum (currently subsidised by housing association) on 100% ownership the Ground rent will be £205 pa Service charge :£2,305 per annum
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 C39, Saxton, Leeds
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