2-bedroom flat · LS7 4SZ
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Preston Baker are pleased to offer this spacious two bedroom, two bathroom, first floor apartment, offering one of the rare, more spacious layouts within the highly regarded Mansion Gate development in Chapel Allerton.
"It's been great for us being a only short walk to Chapel Allerton town street with loads of places for coffee and dinner. Gledhow Valley Woods is close by for getting out for woodland walks.
The spacious layout of the living and dining space has been great when having friends and family round" - the current owner.
Upon entering through the front door of the flat you are greeted by a welcoming hallway, with a storage cupboard to your left housing the newly installed gas combi boiler (2024).
The hall leads to a generous living room, ideal for both relaxing and entertaining, adjacent to a separate dining room with a charming Juliette balcony allowing plenty of natural light through the living spaces.
The modern fitted kitchen is thoughtfully designed, offering ample storage and space for appliances. There are two double bedrooms, the master with its own en-suite shower room.
The second double bedroom has the unique benefit of a separate dressing room, providing excellent storage.
A modern house bathroom features w/c, wash hand basin, heated towel rail and shower over bath.
Externally, the communal areas and gardens are well maintained, and the property includes its own allocated parking space.
Finished in light neutral décor throughout, the property also benefits from gas central heating, PVCu double glazed windows and a video intercom entry system.
The property offers good energy efficiency with an EPC rating of C.
Mansion Gate is a well-maintained, quiet development ideally positioned within walking distance of the vibrant amenities of Chapel Allerton, including an array of bars, restaurants, cafés and shops.
Major retail options include Aldi and Lidl supermarkets, and an M&S Food Hall further up Harrogate Road in Moortown. The property enjoys easy access to neighbouring Roundhay, Meanwood and Moortown.
Leeds city centre is easily accessible via excellent public transport links as well as to Harrogate.
Parks and green spaces nearby include Chapel Allerton Park, Gledhow Valley Woods and Potternewton Park, with a short drive taking you to lakeside walks at Roundhay Park.
Lease: 973 years remaining Service charge: £2,200 per annum Ground rent: £185 per annum Management company: First port Pets: Allowed EPC: C Council tax: C Please head to our website to use our online viewing booking tool, or contact our office on to book your viewing appointment!
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.
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FAQ
About Oldfield Court, Chapel Allerton, LS7
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