2-bedroom flat · LS5 3RJ
Listing removedReduced £5k (−3.2%) on 13 JulListed 164 days
Opportunity summary
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About
A second floor leasehold flat in this ever popular development opposite headingley train station. Leasehold Term: 156 years remaining. Service Charge: £106pcm. Ground Rent £0. Council Tax Band B.
Benefits from under croft parking. General A very desirable two double bed second floor flat in a purpose built development located opposite Headingley train station.
Leasehold for a term of 156 years. Service charge: £106pcm. Ground Rent: Nil. Council Tax Band B.
With the benefit of a long lease, this flat is presented to the market in ‘move-in’ condition and in recent years our seller has upgraded the flat.
Briefly comprises: Communal entrance with secure door-entry intercom system, stairs to second floor, private entrance lobby, hallway, a lounge with a dining area and far reaching views across the Aire Valley, modern kitchen, two double bedrooms and a bathroom with over bath shower.
Sure to appeal to first time buyers, this development is also a popular choice for btl investors and parent-buyers alike.
There is ample on-site parking for residents and visitors, and the property is close to transport links into Leeds centre (train station & buses). Early viewing highly recommended.
Area Kirkstall is a popular suburb in north-west Leeds, situated approx. Three miles from Leeds city centre.
Recent regeneration in the area has included Kirkstall Retail Park, and Headingley’s vibrant centre is approx. 15 minutes away on foot.
Headingley train station is located opposite the development, with Leeds city centre being just two stops away (Horsforth, Harrogate, Knaresborough and York are also accessible via this station).
The area has an abundance of open spaces, including Kirkstall Abbey, Kirkstall Forge and Kirkstall Valley Nature Reserve, providing open spaces and solace from the daily hustle and bustle.
Ground floor communal entrance With secure door entry system and stairs to second floor. Second floor private entrance lobby A handy lobby area for the removal of shoes etc. Leading to...
Entrance hall Giving access to the lounge, bathroom and bedrooms. Benefiting from a store cupboard, where the water tank is located. Leading to...
Lounge/dining room A well-proportioned room with a furniture friendly footprint, carpet flooring and elevated views across Aire Valley.
There is floor space for both lounge and dining furniture, if desired, and leading to...
Kitchen A very stylish and contemporary kitchen, fitted with a range of wall and base units with complementary worktops, There is an integrated electric oven and hob, fridge/freezer.
Plumbing for a washing machine. Hard flooring. Bedroom one (double) Positioned at the rear of the property and benefiting from a carpeted floor and a furniture friendly footprint.
Benefits from stylish wall panelling. Bedroom two (double) Located at the rear of the property, this is another double bedroom with a furniture friendly footprint and a carpeted floor.
Bathroom A modern white bathroom suite comprising a panelled bath with over bath shower, a low level WC, pedestal washbasin and vinyl flooring. Outside There is ample resident and visitor parking.
This flat benefits from under croft parking. Material information: Tenure We are informed the lease has approx. 156 years remaining.
Service charge We understand the service charge to be £106 per calendar month. Ground rent The requirement to pay Ground Rent was removed when the original lease was extended.
Services The property has mains electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband/mobile signal & coverage Broadband is available in this area / mobile signal & coverage is available in this area.
Flood risk & planning permission 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.
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About 7, The Cricketers, Leeds
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