How much is South Parade, Leeds?

The asking rent is £1,150 a month.

2 bed flat to rent in Leeds LS1 – £1,150 pcm

About

The property

A furnished two-bedroom apartment situated in the heart of Leeds city centre.

The development, once a former bank head office has a grand marble staircase and may original features in the communal areas.

Ideally positioned for the city's shops, restaurants, bars, business district and transport links, this centrally located apartment would make an excellent city-centre home A furnished two-bedroom apartment situated in the heart of Leeds city centre.

The development, once a former bank head office has a grand marble staircase and may original features in the communal areas.

Ideally positioned for the city's shops, restaurants, bars, business district and transport links, this centrally located apartment would make an excellent city-centre home tenancy information Rental £1150 pcm Deposit £1326 The holding deposit will be £265 Council tax band E EPC rating C hallway The hallway has neutral-coloured walls and laminate flooring, providing access to all rooms.

Lounge The spacious open-plan living room features neutral décor and grey carpeting, with two black leather sofas providing comfortable seating.

The room benefits from modern wall and ceiling lighting, with a selection of side tables and decorative pieces adding character.

Kitchen Elevated slightly from the living space, the modern fitted kitchen features sleek dark cabinetry with complementary wood-effect worktops and flooring.

The kitchen is well equipped with an electric oven and hob, extractor hood, microwave, fridge/freezer and washing machine, with ample worktop space and storage.

Stainless steel splashback and integrated lighting complete the contemporary finish, creating a practical and stylish kitchen space.

Bedroom one A generous double bedroom with double bed, wardrobe, giving access to the ensuite shower room. Ensuite The ensuite comprises an enclosed shower unit, hand basin and WC.

The walls and floor are finished with neutral coloured tiling, creating a neutral and modern finish.

Bedroom two Another well-proportioned double bedroom, also furnished with a double bed and wardrobe.

Bathroom The bathroom features a three-piece suite, including a low flush W.C., a hand basin, and a full-size bath with a shower overhead **Please note photos are for illustration purposes and some furniture and decoration may differ.**

Key information

Furnished State

Furnished

Deposit Required

£1,326

Available From

30 Oct 2026

Floor Area

667 sq ft (62 sq m)

Reception Rooms

1

Council Tax Band

Band E

Estimated ~£2200/year

Local Authority

Leeds District (B)

Metropolitan District

Sign up free to see flood risk and more

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.