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See how verdicts work1-bedroom flat · LS2 7PN
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*EWS1 Rating – B1* investors - 7.6% yield! Currently let for £795 pcm until Oct 2025.
We are delighted to offer this stunning one bed apartment at North Street Lofts in the northern quarter of Leeds city centre, just 5 minutes walk from Victoria Gate. Investors - 7.6% yield.
Currently let for £795.00 pcm until Oct 2025.
We are delighted to offer this stunning one bed apartment at the North Street Lofts development in the northern quarter of Leeds city centre, just 5 minutes walk from Victoria Gate.
The property briefly comprises: Light and airy open plan kitchen/living area with integrated Hotpoint appliances, contemporary bathroom with stylish fixtures/fittings and Rango Earth Grey tiles and double bedroom with ash grey carpets and ample storage facility.
The property also benefits from its own designated bicycle storage and lockable storage room on the ground floor.
North Street Lofts is a unique apartment development in the vibrant northern quarter of Leeds City Centre, a short walk from the bustling nightlife in and around Merrion Street, with bars and restaurants such as: Belgrave, Manahatta, Brewdog, Brotherhood, and Mojo.
The northern quarter is also home to the 'Victoria Gate' shopping centre (home to John Lewis and other major retailers) in addition to the numerous other shops, restaurants and bars recently opened in this exciting area of Leeds City Centre.
Images are for illustrative purposes.
Leasehold information (the vendor has informed us of the following): 125 years from August 2016 Ground Rent - £300.00 per annum Service Charge - £1,951.74 per annum (including building insurance) Council Tax band B Please note, some of furniture in the images have been digitally staged.
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
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FAQ
About Apartment 1,North Street Lofts, 88 North Street, Leeds
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