1-bedroom flat · LS10 1JG
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 30th of July at 10:00.
Turnkey 1 Bedroom Apartment Description This well-presented apartment represents an excellent turnkey investment opportunity, being sold subject to an existing tenancy and currently generating an income of £800 per calendar month.
The property offers contemporary accommodation with a practical layout and is accessed via an entrance hall featuring wood-effect laminate flooring, a video entry intercom system and a useful storage cupboard housing the hot water cylinder and air filtration system.
The open-plan living space provides a bright and versatile area for both relaxing and entertaining.
Finished with wood-effect laminate flooring, the room benefits from TV, telephone and satellite connection points together with a Juliet balcony allowing for an abundance of natural light.
The fitted kitchen has been thoughtfully designed with an extensive range of wall and base units incorporating cupboards, drawers, display cabinets and additional storage solutions.
Complemented by sleek glass work surfaces, an inset stainless steel sink and matching splash-back, the kitchen also features integrated appliances including a full-height fridge/freezer and washer dryer.
A stainless steel Neff oven, glass hob with extractor canopy and under-unit lighting complete the specification.
The principal bedroom is a generously proportioned double room, finished with fitted carpeting to provide a comfortable and inviting retreat.
The bathroom is fully tiled and comprises a panelled bath with shower over, low-flush WC and wash hand basin, together with the added benefit of a heated towel rail.
The apartment occupies a sought-after position within Leeds Dock, part of the popular riverside district of Leeds and situated adjacent to Crown Point Bridge.
The development enjoys a vibrant waterside setting with an excellent selection of restaurants, bars, cafs and convenience stores available within the dock itself.
Leeds city centre is also within easy walking distance, providing access to an extensive range of shopping, leisure and transport amenities.
Tenure Leasehold 150 years from 2003 Ground rent £200 per annum Service charge £2988 per annum Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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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 Magellan House, 82 Armouries Way, Leeds, West Yorkshire, LS10 1JG
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