Otley Road, Adel, LS16 6AL

2-bedroom flat · LS16 6AL

1,733 sq ft1 bathGround Floor Apartment · Two Double Bedrooms · Great Location

Asking

£160,000

Sold STCReduced £5k (−3%) on 1 JunListed 281 days

Investor metrics

HMO Article 4 Direction AreaC3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

***GROUND FLOOR APARTMENT*** TWO DOUBLE BEDROOMS*** EXTENDED LEASE*** Situated in this much sought after Adel location, this delightful ground floor apartment is ready to move into and would be an ideal first time buy or investment opportunity.

The property briefly comprises entrance hall, lounge, fitted kitchen, two good sized double bedrooms and a house bathroom.

The property further benefits from uPVC double glazing and gas central heating. There are attractive and well maintained communal gardens.

The property is ideally situated on the main Otley Road in Adel within walking distance of local amenities including shops and restaurants.

The property is ideally placed for daily travel into the centre of Leeds and the universities as well as to a number of surrounding business centres including Ilkley, Otley and Harrogate.

Regular buses stop within walking distance. An internal viewing is highly recommended to appreciate the accommodation on offer. Hallway Entrance hall via front entrance door.

Lounge 3.66m (12'0) x 4.48m (14'8) Light and airy living area with uPVC double glazed window to front. Gas central heating radiator.

Kitchen Fitted with a range of wall, base and drawer units with worktops over. uPVC double glazed window to rear. uPVC double glazed door leading the the rear communal gardens.

Bedroom 1 3.84m (12'7) x 4.48m (14'8) Double bedroom with uPVC double glazed window to front. Gas central heating radiator.

Bedroom 2 3.2m (10'6) x 3.42m (11'3) Second double bedroom with uPVC double glazed window. Gas central heating radiator.

Bathroom Fitted with a three piece white suite comprising; bath with shower over, WC and wash hand basin. uPVC double glazed window.

Communal Garden The property is set within attractive and well maintained communal grounds. Patio area to the rear.

Tenure Leasehold - 165 years Ground rent - £0 Service Charge Service Charge - £351.84 per annum Parking Central Heating Double Glazing

Key information

Price per sq ft

£92/sq ft

Based on 1,733 sq ft (161 sq m)

Floor area

1,733 sq ft (161 sq m)

Council tax band

Band B

Estimated ~£1,400/year

Tenure

Leasehold

Heating

Ask agent

Local authority

Leeds

Metropolitan District

Property features

Ground Floor Apartment
Two Double Bedrooms
Great Location
Extended Lease
Communal Gardens
Great Investment or First Time Buy.
EPC Rating: D
Council Tax Band: B

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

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Rent evidence

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Local SA Market

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Investment Disclaimer

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.

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Deal

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Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market281 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market281

Price reduction-3.0%

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £165,00016 Jan 2026

Price reduced£165,000 → £160,000 (−3.0%)1 Jun 2026

Still activeDay 281 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.