1-bedroom flat · LS7 3RT
Sold STCListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** BEAUTIFULLY PRESENTED ONE BEDROOM APARTMENT IN CENTRAL CHAPEL ALLERTON *** IDEAL FOR A FIRST TIME BUYER OR INVESTOR *** SET IN WELL MAINTAINED COMMUNAL GROUNDS *** BENEFITS FROM RESIDENT PARKING *** SOLD CHAIN FREE *** Stoneacre Properties are delighted to offer for sale this lovely purpose built apartment, which can be found in central Chapel Allerton, a short walk from all local shopping and transport amenities.
The property is sure to appeal to first time buyers and investors alike and features a bright and spacious reception room with pleasant views over attractive communal grounds in addition to a modern fitted kitchen, double bedroom and modern 3-piece bathroom.
Early internal viewings are strongly advised! Communal Entrance - Well presented communal areas, intercom entry system.
Entrance Hall - Entering the property, you're welcomed into the entrance hallway which benefits from both a large storage cupboard and large cloakroom cupboard.
Lounge - Bright and spacious lounge with floor to ceiling double glazed windows which floods the room with natural light, complete with attractive wood effect flooring.
Kitchen - A modern newly fitted kitchen featuring a range of wall and base units, complete with oven and extractor.
The room also accommodates space for a small dining table, making it ideal for casual dining. Bedroom - Good sized double bedroom with useful built in wardrobe storage cupboard.
Bathroom - Modern fully tiled 3-piece bathroom comprising shower over bath, toilet and sink.
External - The property is situated within very well maintained communal grounds and benefits from a residents only car park.
Lease - We are advised by the vendor that the property is share of the freehold with a term of approximately 955 years remaining.
The current service charge is approximately £1980 per annum and includes the ground rent. A buyer is advised to obtain verification from their solicitor or legal advisor.
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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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
FAQ
About Wood Close, Chapel Allerton, Leeds
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