3-bedroom flat · LS7 1EL
Listing removedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spinners Yard is a brand-new residential development located just minutes from Leeds city centre.
A limited number of 1, 2 and 3 bedroom apartments are available at 20% below market rent through the Discounted Market Rent (DMR) scheme - designed for residents who live, work, or train in the Leeds City Council area.
Each apartment is finished to a high standard, featuring spacious open-plan living, fully integrated kitchens, stylish bathrooms, and large windows offering large windows.
Selected apartments include private balconies. Superfast WiFi (up to 250Mb/s) is included in the rent.
Residents benefit from an exceptional range of amenities, including a fully equipped fitness suite, co-working lounge, private dining room, landscaped terraces, and a communal snug.
Bike storage is included. The building is pet-friendly, subject to approval.
To qualify, applicants must: Live, work or train in the Leeds City Council area (or have close family ties) Have an individual income below £34,858 (applies per named tenant) Have a household income of at least 30× the monthly rent Not be a homeowner Not sublet the property Be able to provide a landlord reference Applicants will also need to pass standard referencing, including credit check, proof of income, employment, and Right to Rent checks.
Please enquire for full details on the DMR criteria and application process. Images shown are for marketing purposes and reflect a similar apartment within the development. Layouts can vary.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
FAQ
About Spinners Yard, Skinner Lane, Leeds, LS7
Explore nearby
