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See how verdicts work1-bedroom flat · LS1 6DE
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious and significantly improved one-bedroom duplex apartment in a central location.
Many of the city's amenities are on the doorstep including the General Infirmary (18 mins), the Law Courts (14 mins), the railway station (11 mins), the Business District (18 mins) and the main shopping areas are all moments away; Briggate (2 mins), Victoria Quarter (3 mins), Victoria Gate (4 mins) and Trinity (2 mins) as well as some of the city's favourite restaurants, cafes and bars.
(All walking times taken from Google Maps) Vassali House is a Grade II listed former warehouse originally built around 1897 and converted into 25 apartments in 2000, located parallel to Briggate between the Corn Exchange and The Victoria Quarter.
It comprises five storeys with decorative façade with many of the apartments retaining period features such as exposed brickwork, high ceilings and sash windows.
Leasehold charges: Lease Length: 150 years from 2001 Ground Rent - £150 P.A Service Charge - £2234 P.A Heating: Electric wall mounted heaters Water: Mains connected, via a meter Electric supply: Mains connected, via metre Broadband: No issues Mobile signal: No issues Construction type: Conversion Flood Risk: None Local Planning Permissions: NA
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 Vassali House, Central Road, LS1
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