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See how verdicts work2-bedroom flat · LS10 1JF
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within Simpsons Fold, one of Leeds’ earliest and most characterful city centre warehouse conversions, this beautifully refurbished two-bedroom, two-bathroom apartment blends industrial heritage with warm, contemporary design.
Exposed concrete beams and pillars run through the open-plan living, dining and kitchen space, offset by soft blush-pink wall panelling and a striking dark green subway-tiled kitchen with brand new integrated appliances.
Both bedrooms are generously proportioned with the same considered, warm-toned styling carried throughout, and each is served by newly carpets and the master bedroom has an en-suite — ideal for sharers or a couple wanting separate space.
The apartment has been comprehensively refurbished, with a brand new kitchen, new bathrooms and new appliances throughout, offering a genuinely move-in-ready home with none of the usual snagging concerns of a period conversion.
Dock Street itself is a quiet, cobbled street just south of the River Aire, lined with some of Leeds’ best independent restaurants and bars.
From here it’s an easy walk to Briggate, Trinity Leeds and Victoria Gate for shopping, while Leeds train and bus stations are both close by, giving quick access to the wider city and motorway network.
The development also benefits from a secure allocated parking space — a genuine rarity for a city centre apartment of this character.
The vendor advises us of the following information: Service Charge PA (inc building insurance): £5,166 Ground Rent - £260pa (reviewed every 20 years at RPI) Lease length: Lease - 123 years from 1999 EPC Rating: D Parking - Allocated parking
Value & comps
No previous sales on record.
Returns
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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 Simpsons Fold West, 22 Dock Street, Leeds City Centre
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