2-bedroom flat · LS26 9JP
For saleListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mexborough Grange is an exclusive development of luxury apartments designed for independent living for those aged 55 and over.
Located in the highly sought-after village of Methley, it offers a superb range of local amenities right on the doorstep, including shops, charming country pubs, and scenic riverside walks.
This beautifully presented second-floor apartment is easily reached via a lift and has been maintained to an immaculate standard throughout.
It is offered for sale with vacant possession and no onward chain.
The apartment briefly comprises: a private entrance hall with a sizeable storage cupboard, two well-proportioned double bedrooms (one featuring generous built-in wardrobes) a modern, fully tiled wet room, and an open-plan kitchen/dining/living area fitted with attractive shaker-style units and integrated appliances including a fridge/freezer, oven, hob, and extractor.
The living area also benefits from a Juliette balcony.
A dedicated management team is on-site daily during the week and available out of hours for urgent support, with access to assisted living carers if required.
The development provides excellent communal facilities, including a lounge and kitchen area, laundry room, and hair salon.
Residents can also choose to take part in a variety of regular activities and events.
Externally, there is ample parking for residents and visitors, with a number of spaces offering electric vehicle charging.
An outdoor patio seating area is available beyond the bi-fold doors of the communal lounge. The property is leasehold, and service charges apply. Please enquire for further details.
Anti-Money Laundering (AML) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Tenure Leasehold - 999 years from 1.11.2020 - Expires 3019 Service Charge £4,818.00 per annum paid monthly £401.50 plus standing charge of £41.37 per week for manager and emergency call system.
management fees are inclusive of gas, electric, water, buildings insurance, maintenance of the lift and communal areas and all external window cleaning Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change
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 17, Mexborough Grange, Main Street, Methley, Leeds, West Yorkshire
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