1-bedroom flat · LS1 5DL
For saleListed 24 days
Opportunity summary
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About
**character features** 657 sqft **light and bright** east facing aspect**extensive windows** available immediately **central location** EPC Rating tbc Forming part of Rockley Lofts, is this light and bright – 1 bedroom apartment.
Covering 657 sqft in total, the spacious lounge allows for extensive lounging, dining and study area.
The recessed kitchen offers a range of stainless-steel built-in appliances - including a full-size fridge-freezer, dishwasher and microwave.
Upon entering the property, there is a large bathroom - with laundry/cylinder cupboard. Available part furnished, immediately and chain free.
Please note:- The property is on the 2nd floor and there is no lift.
The Vendor informs us of the following:- Ground Rent - £250pa (capped) Service Charge - £1,768.52pa, including buildings insurance Council Tax - Band C Lease Term - 999 years from 2003 Heating – Electric, via new heaters Broadband – No issues to report Mobile – No issues to report Construction type – Conversion Building Safety – ews exempt Flood Risk:- None Planning Permissions:- None the development:- Rockley Lofts, is one of Leeds best kept secrets.
Being a combination of 14 residential apartments, all with character, high specification interiors and large window openings.
Located on New Station Street, you are moments away from Leeds train station and the bars, shops and restaurants this area has to offer.
Kitchen:- Recessed and slightly separated by a partition wall, the wall and base units are grey - with complementary white granite effect work tops.
Integrated appliances include an electric oven, halogen hob with extractor hood over, slim-line dishwasher and microwave – along with a free-standing, full size fridge-freezer.
Lounge:- Generous in size and flooded with light from three oversized picture windows - which look over the newly pedestrianised New Station Street below.
The ceilings are higher than average and there’s a structural column – which adds to the character this property offers. The room easily allows for extensive lounging, dining for 6 and a study desk.
Bedroom:- Again, light and bright, with two large picture windows - complete with secondary glazing. The room allows for a double bed, side table, drawers and a wardrobe.
Bathroom:- Spacious, with a 3 piece white suite including a Vileroy and Boch toilet and sink, chrome fixtures and fittings, a mixer-controlled shower over bath, large wall mounted mirror and newly installed heated towel rail.
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
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FAQ
About 5, 14 NEW STATION STREET, LEEDS
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