1-bedroom flat · LS7 1AR
Listing removedReduced £15k (−13.6%) on 29 AugListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the vibrant heart of Leeds on Skinner Lane, this delightful one-bedroom flat offers a perfect blend of modern living and convenience.
The property features an open plan living space that creates a warm and inviting atmosphere, ideal for both relaxation and entertaining.
Large windows allow natural light to flood the room, enhancing the sense of space and comfort.
The fitted kitchen is equipped with built-in appliances, making it a practical choice for those who enjoy cooking.
The layout encourages a sociable environment, allowing you to engage with guests while preparing meals. The bedroom is well-proportioned, providing a peaceful retreat at the end of a busy day.
The flat also includes a contemporary bathroom, designed with both style and functionality in mind.
One of the standout features of this property is the access to its own private balcony, offering a lovely outdoor space to unwind.
Additionally, parking is available to rent, a valuable asset in a city centre location where convenience is key.
Living here means you are just moments away from a plethora of amenities, including shops, restaurants, and cafes, as well as excellent transport links that connect you to the wider city and beyond.
This flat is an ideal choice for professionals seeking a stylish home in a prime location. Additionally, the property can be sold as seen with the furniture included (bar the TV).
Don't miss the opportunity to make this charming apartment your own. Entrance The building is entered via an intercom entry system / fob that leads into the communal entrance.
Lift and stairs provide access up to the apartment.
Entering the property you are welcomed into the hallway which offers access through the apartment including to the useful storage cupboard which houses the water tank and washing machine.
Living Space Open plan kitchen/living/diner offers space for seating, formal dining and the fitted kitchen is complete with integrated oven, hob with extractor above, sink with drainer and space for fridge/freezer.
Access is provided out to the balcony. Bedroom Large double bedroom with space for bedroom furniture. Bathroom Comprising shower over bath, toilet and sink.
Lease We are advised the property is leasehold with 150 years from 2004. The current service charge is £1016 per annum and the ground rent is £200 per annum.
A buyer is advised to obtain verification from their solicitor or legal advisor.
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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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 51 Lovell House, Skinner Lane, Leeds
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