2-bedroom flat · LS15 8FU
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb modern home is available to buy from as little as £157,500 with a 70% share!
Located in a popular and well-connected residential area, this beautifully presented two-bedroom apartment offers stylish, modern living with excellent local amenities and transport links right on your doorstep.
Set on the second floor of a well-maintained three-storey building, the property features a bright and spacious open-plan living and kitchen area, perfect for both relaxing and entertaining.
The contemporary kitchen is fitted with modern units and ample worktop space, seamlessly flowing into the living area which opens out onto a private balcony.
The apartment offers two well-proportioned bedrooms and a modern family bathroom, finished to a good standard throughout.
Additional benefits include one allocated parking space, providing convenience for residents and visitors alike.
The area benefits from excellent transport connections, with regular bus services providing easy access to Leeds city centre and surrounding areas.
Nearby train stations offer direct links into Leeds and beyond, making travel simple and convenient.
The property is also well positioned for access to major road networks including the M1 and M62, ideal for commuting across the region.
Pricing & affordability Full Market Value: £225,000 70% Share Price: £157,500 (rent £172.68pcm) Minimum 5% Mortgage Deposit (70% share): £7,875 Approximate Service Charges: £179.94pcm* Lease: 246 years Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000 • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence. • You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.
Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £225,000 and a purchaser would not need to meet the eligibility criteria listed above.
Value & comps
No previous sales on record.
Returns
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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 advisors before making any investment decisions.
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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 HSPG SO, 72, Barrington Way, West Yorkshire
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