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See how verdicts work2-bedroom flat · LS1 3DA
For saleListed 599 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**incredible layout** 1,800 sqft ** en- suite bathroom, shower room & W/C** city facing views **duplex penthouse** excellent storage **three balconies & flagged terrace** light and bright **allocated parking** EPC Rating D.
Located on the 4th and 5th floor, of this bespoke and very central West End development - is this incredible, 2-bedroom, 2-bathroom, penthouse apartment.
Available for the first time in 24 years and coming fully furnished, it offers one of the best living areas the city centre has to offer.
Lovingly refurbished throughout and covering 1,800sqft, the property is set over two levels – where every room offers generous proportions and intricate finishing details.
The property also boasts 3 balconies, a south facing terrace and allocated basement parking. Available immediately and sold chain free.
Under new ntselat legislation, we are obliged to provide the following information:- Ground Rent - £150pa Service Charge - £8,250pa, including water rates (roughly £720pa) and buildings insurance Council Tax - Band G Lease Term - 124 years from 10th November 2000 Heating – Electric, via a meter Water - Mains connected, via a meter Broadband - No issues to report Mobile – No issues to report EWS1 – B2 rated, with a comfort letter from Lendlease the original developer Construction type – Brick Flood Risk:- No Planning Permissions:- None the development:- Portland Place is a mixed-use development, located in the heart of Leeds city centre.
Made up of 19 spacious and bespoke apartments, with mostly Millennium Square or Central Library views - the renowned Thai Edge restaurant can also be found on the front corner.
This development is within a few minutes’ walk of Leeds General Infirmary and the numerous bars and restaurants this location has to offer.
Entrance:- Upon entering the property, you immediately encounter the stunning and newly installed kitchen.
Access to a W/C, additional storage and the sleeping quarters, are also available from this area.
Kitchen:- u-shape in configuration, with extensive dove grey wall and base units - finished off with Piombo Doha’ solid Fenix ntm worktops and feature lighting.
High-end built-in appliances by Bosch and Zanussi include, an electric oven, microwave, induction hob, full-size fridge-freezer, dishwasher and washing machine / dryer.
The kitchen also extends to a large breakfast bar, complete with feature low level and ceiling lighting - ideal for food preparation and lazy breakfast mornings.
Living quarters:- One of the largest and best in the city centre - with double height ceilings and extensive windows engulfing it.
The space allows for two dining areas, a sofa extending to 9 meters and a home office if so desired.
There is also the added benefit of a hand-crafted media wall, with wall-hung TV and feature fireplace below – as well as two balconies offering views over Millenium Square below.
Bedroom 1:- Spacious in size and beautifully presented, with built-in wardrobes, matching drawers and access to an en-suite bathroom.
Feature lighting over the bed and luxury carpeting adds to the opulent feel, as well as the wall-hung TV and full-length mirror. A large picture window overs lofty views over the living space below.
En-suite:- Fully tiled, with a 4-piece white suite encompassing, a low-level toilet, wall-hung wash hand basin, bath with air jets, walk-in mixer-controlled shower and heated towel rail.
Bedroom 2:- Also being a great size, it allows for a king-size bed, sofa bed, side tables, a dressing / vanity area and drawers – with the built-in wardrobes providing both hanging space and additional storage.
A glazed doors provides access to a private south facing terrace, offering uninterrupted views of the clock tower adorning Leeds Town Hall.
The room also benefits from luxury capeting and access to an en-suite shower room.
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.
Area
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FAQ
About 19, PORTLAND PLACE, 5 CALVERLY STREET, LEEDS
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