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 · LS25 7HA
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Kippax, Leeds, this third-floor flat on Chapel Lane presents an excellent opportunity for landlords and investors alike.
With a tenant already in place, this property offers immediate rental income, making it a savvy addition to any portfolio.
The flat features a well-designed layout that includes a communal entrance leading to a spacious hallway.
The open-plan lounge seamlessly connects to the fitted kitchen, creating a perfect space for relaxation and entertaining.
The kitchen is equipped with a four-ring electric hob, an extractor chimney hood, a built-in electric oven, and an integrated fridge and freezer, ensuring convenience for everyday living.
This property boasts two bedrooms, providing ample space for tenants or homeowners.
The bathroom is fitted with a three-piece suite, featuring a rectangular panelled bath with a shower over, a pedestal wash basin, and a low flush WC, catering to all essential needs.
Additional features include pvcu double-glazed windows and Velux skylights that flood the flat with natural light, as well as wall-mounted electric heaters in every room for warmth and comfort.
The flat also benefits from an airing cupboard in the hallway, which houses the water tank, adding to the practicality of the space.
For those with vehicles, there is designated parking available for residents only at the front of the property, enhancing convenience further.
With easy access to local amenities and the A1/M1 motorway, this flat is ideally situated for both commuting and enjoying the local community. Leasehold information. 106 years remaining on the lease.
Ground rent: £250 per annum Maintenance charge: The building has been self-managed since 2019.
There are 6 flats in the building, and each owner is responsible for 1/6th of any repairs to the building.
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
.png)
FAQ
About St Mary's View, Flat 5, Chapel Lane, Leeds
Explore nearby