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 work2-bedroom flat · LS12 1DE
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** two bedrooms ** two balconies ** 6th floor ** south facing ** A well-presented apartment in an established development close to the city centre.
Many of the city's amenities are within easy walking distance including the General Infirmary (25 mins), the Law Courts (16 mins), the Railway Station (17 mins), the Wellington Place (11 mins) and the main shopping areas of Trinity 18 (mins) and Victoria Gate (27 mins) being within easy reach.
We are advised that the current service charge £2194 P.A (Including buildings insurance) We are advised that the current ground rent is £200 P.A Lease Length - 999 years from 2006.
Built by Mayfair Developments in 2005 City Island consists of 404 apartments set within 7 individual buildings ranging from 6 to 14 floors.
The development sits between the River Aire and Leeds-Liverpool Canal and is accessed off the A58 (Wellington Road).
Some apartments have an allocated underground parking space, and some have balconies each offering a range of aspects.
The site benefits from 24-hour security with a presence from the management company 8am-5pm Monday to Friday and an external security company covering evenings and weekends.
There is extensive HD quality CCTV system throughout and high-speed internet available.
Heating: Electric wall mounted heaters, Metred consumption Water and sewerage Mains connected Broadband: High speed fibre to development Mobile signal: No issues to report Construction type: Purpose built Flood Risk: None Local Planning Permissions: N/A
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
.png)
FAQ
About 44 Beringa, Gotts Road, Leeds
Explore nearby