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 · LS9 8BA
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented apartment within the secure gated Merchants Quay development, featuring a south-facing corner balcony with views over the River Aire, bright modern interiors and allocated parking.
Conveniently located for Leeds city centre, with shops, restaurants, bars and transport links all within easy reach.
Beautifully presented city-centre apartment set within the secure gated development of Merchants Quay on East Street.
The standout feature is the impressive south-facing corner balcony overlooking the River Aire, providing generous outdoor space and open waterside views.
Internally, the apartment offers bright, well-proportioned accommodation with a modern finish throughout and comes with an allocated parking space within the development.
Merchants Quay is conveniently positioned for Leeds city centre, with its shops, restaurants, bars and transport links all within easy reach.
Merchants quay A secure gated development with concierge office and 24-hour security. The development also benefits from residents' mailboxes and lift access to all floors.
Hallway Entrance hallway with wooden flooring, a large storage cupboard housing the hot water cylinder, which was replaced approximately two years ago, and access to all principal rooms.
Living area 16' 4" x 13' 1" (5.00m x 4m) A bright and spacious living area with floor-to-ceiling glazing wrapping around the corner of the room, creating an abundance of natural light and views towards the River Aire.
Two doors provide direct access onto the private balcony. Finished with wooden flooring and wall-mounted electric heaters.
Kitchen 9' 10" x 5' 10" (3.0m x 1.80m) The open-plan kitchen is set back from the main living area and fitted with a range of wall and base units.
Integrated appliances include a slimline dishwasher, electric oven, hob with extractor over, washing machine and fridge/freezer.
Balcony A generous south-facing corner balcony enjoying open views across the River Aire.
Accessible directly from the living area, the balcony provides an excellent amount of private outdoor space and is a standout feature of the apartment.
Bedroom one 9' 11" x 9' 6" (3.03m x 2.90m) Double bedroom with a large window overlooking the River Aire, fitted wardrobes providing ample storage and a wall-mounted electric heater.
Ensuite 7' 5" x 5' 6" (2.27m x 1.70m) Modern tiled en-suite comprising a large shower enclosure, wash hand basin, WC and chrome heated towel rail.
Bedroom two 11' 10" x 8' 6" (3.63m x 2.60m) A second spacious double bedroom with a large fitted wardrobe, window enjoying views towards the River Aire and a wall-mounted electric heater.
Bathroom 6' 8" x 6' 2" (2.05m x 1.90m) Modern main bathroom with tiled finishes, bath with shower over, wash hand basin, WC and chrome heated towel rail.
Allocated parking The property is sold with one allocated parking space located within the secure gated development.
Merchants Quay also provides visitor parking, available on a first-come, first-served basis.
Leasehold and property information Lease term: 999 years from 24th June 1999 Ground rent £150 pa (review due 2032) Service charge £3,901.16 pa (Includes water rates and building insurance) Council tax band E EPC Rating C Flood risk: Low Mobile coverage: EE, Vodafone., Three, O2 Broadband: Ultrafast 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
.png)
FAQ
About 7, Merchants Quay, Leeds
Explore nearby