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 work2-bedroom flat · LS11 5NG
Listing removedListed 360 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote Reference KS1343 to speak to Kieran Shaughnessy.
A superb ready-made investment opportunity in Beeston, Leeds - this well-presented, two-bedroom ground floor apartment offers strong rental returns and hassle-free income from day one.
Located within a modern purpose-built development on Admiral Street, the property is currently let to a reliable tenant.
With rent increased to market rate, the achievable monthly income is £875 pcm, equating to a gross yield of around 9.5% at the asking price of £110,000.
After service charges and ground rent, this equates to a 7.4% net yield.
The apartment features a bright open-plan living and kitchen area, finished in light neutral tones with wood flooring and ample natural light.
The modern fitted kitchen includes integrated appliances and plenty of storage.
There are two double bedrooms, a contemporary bathroom suite, and well-maintained communal areas with residents' parking.
Situated just a short distance from Leeds city centre, the development offers excellent access to local amenities, the M621 motorway, and major employers across the city.
With ongoing rental demand in this area, the property represents a solid, low-maintenance investment in one of Leeds' most accessible rental locations.
This investment is ideal for those seeking immediate income and strong rental performance in the Leeds market.
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
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 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
Agent & docs
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FAQ
About 50, Admiral Street, Leeds
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