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 work1-bedroom flat · LS9 7DR
For saleReduced £5k (−6.7%) on 16 OctListed 881 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
'**One double bedroom apartment - Extended lease** ' Well located within the Northern Quarter, this one bedroom furnished apartment is perfectly placed for access to Leeds inner Ring Road, university buildings, St James Hospital, and has local amenities on the doorstep.
'The apartment itself is spacious and bright, with accommodation briefly comprising open plan living kitchen, bedroom with built in storage and shower room.
Previously tenanted on a rolling contract at £750 pcm .' Communal Entrance '' 'Communal entrance hall with mailboxes, access via staircase and lift' Private Entrance '' 'Private entrance hall with intercom system' Lounge '' 'Spacious living room with laminate flooring, double glazed window and electric panel heater' Kitchen '' 'A range of wall and base mounted units, integrated appliances and laminate flooring' Bedroom '' 'A good sized double bedroom with electric panel radiator' Bathroom '' 'Fitted with a three piece suite comprising; shower cubicle, WC and wash hand basin.
Tiled walls and floor.' Tenure '' 'Leasehold - 189 years from 2004.
169 years remaining.' Service Charge '' 'Service Charge - According to the vendor, the service charge is circa £2260 per annum, to be confirmed by solicitors and management pack.
' Council tax band A Special Note - The Vendor of this property is an employee / connected party of Cherry Picked Properties.
These particulars do not constitute or form part of an offer or contract nor may they be regarded as representations.
All dimensions are approximate for guidance only, their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose or included in the Sale.
Buyers are advised to obtain verification from their solicitors as to the tenure if the property, as well as fixtures and fittings and where the property has been extended/converted as to planning approval and building regulations.
All interested parties must themselves verify their accuracy.
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
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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
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FAQ
About Flat 3, Mertensia House, Leeds
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