We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · LS1 2RY
For saleListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern one-bedroom duplex apartment located in the heart of Leeds city centre, forming part of a Grade II listed conversion completed in 2017.
The property offers stylish, well-planned accommodation over two floors, with a contemporary finish throughout.
Situated on Park Place, the apartment is ideally positioned for access to Leeds' business district, train station, shops, restaurants and bars, making it an excellent choice for professionals, first-time buyers or investors.
Offered chain free and with vacant possession. 42 PARK PLACE Communal entrance with secure mail boxes.
HALLWAY Entrance hallway with large storage cupboard which has plumbing for a washing machine, access to the bedroom and stairs to the lower ground floor.
BEDROOM 10' 5" x 8' 4" (3.20m x 2.56m) The bedroom has two large feature double glazed windows with views over Park Place. Electric wall mounted heater, wall and ceiling lights.
LOWER GROUND FLOOR LIVING AREA 13' 6" x 13' 5" (4.13m x 4.11m) The living area has wood effect flooring, electric wall mounted heater, two double glazed windows and storage cupboard housing the hot water cylinder.
KITCHEN (Open Plan) The kitchen has a range of fitted base units with integrated fridge / freezer, electric over & hob.
BATHROOM 8' 8" x 5' 5" (2.66m x 1.66m) The bathroom is fully tiled and comprises; bath with shower over, hand basin, w.c. and chrome heated towel rail.
LEASEHOLD AND PROPERTY INFORMATION Lease term: 125 years from 1st June 2015 Ground rent £290 pa Service charge £2,778.54 pa (includes Building Insurance) Council tax band C EPC Rating E Local Authority: Leeds Council Tax: Band C Annual Price: £2,030 Grade II listed Conservation Area: LEEDS CITY CENTRE Flood Risk: Very low Mobile coverage: EE, Vodafone, Three, O2 Broadband available Satellite / Fibre TV Availability: BT, Sky
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 42 Park Place, Leeds
Explore nearby
