2-bedroom flat · LS16 5AX
For saleListed 11 days
Opportunity summary
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About
Full Description Property Ref: S7391 A spacious two bedroom second floor flat set within a handsome 1920s detached building in LS16, home to just three flats.
The flat has its own private entrance and staircase, and offers around 1,191 sq ft of living space with very generously sized rooms throughout.
The accommodation comprises a large lounge with wood flooring, a bright kitchen/diner with two skylights, integrated dishwasher, fridge and separate freezer, and a utility cupboard housing a stacked washing machine and dryer.
There are two double bedrooms, the main bedroom with a full wall of mirrored fitted wardrobes, and a large bathroom with an inset bath and walk-in shower. Gas central heating throughout.
A single garage is included, accessed via a shared driveway owned by a neighbouring property. Plentiful on-street parking is also available. Tenure: Leasehold.
99 year lease from 31 July 2016, so approximately 88 years remaining. The garage is held on its own lease on the same terms. The freehold is held by the owner of the ground floor flat.
Ground rent: £11 per year, as currently invoiced by the freeholder. Review terms to be confirmed. Service charge: £720 per year (£60 per month), the flat's share of maintenance costs for the building.
The charge is variable under the lease and is set according to the actual costs incurred, rather than on a fixed review cycle. Council Tax Band: C. EPC rating: D.
**enquiries** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S7391 Entrance And Staircase The flat's own entrance on the first floor opens onto a private carpeted staircase rising to the second floor.
Landing Bright central landing with attractive white spindle balustrade and heart cut-out detailing, spotlights, radiator, carpet and doors to all rooms.
Lounge (5.81m x 4.40m) A generous living room with wood flooring, recessed spotlights, a wide window to the side with radiator below, and ample space for a large corner sofa and dining or work area.
Kitchen/Diner (4.78m x 4.22m) Wall and base units with worktops, oven and hob with extractor, integrated dishwasher, fridge and separate freezer. Two skylights flood the room with light.
Tiled floor, radiator and space for a dining table. Utility cupboard with stacked washing machine and tumble dryer.
Bedroom One (5.20m x 4.12m) A large double bedroom with a full wall of mirrored sliding wardrobes, two windows, radiator and carpet.
Bedroom Two (3.61m x 2.73m) A second double bedroom with window, radiator and carpet.
Bathroom (3.63m x 3.40m) A spacious bathroom with inset bath set into a tiled surround, separate walk-in shower, wall hung basin, heated towel rail, part tiled walls, tiled flooring and window.
Garage (5.97m x 3.00m) Single garage with up-and-over door, accessed via a shared driveway owned by a neighbouring property.
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 1b, Ashleigh Road, Leeds
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