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See how verdicts work1-bedroom flat
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom apartment on the second floor is part of a former office building converted around a central atrium with a retractable roof, so the scheme has a communal heart that flat blocks rarely offer.
At 646 sq ft, the open-plan layout is built around easy city living. The kitchen is handleless with integrated Bosch appliances, including an induction hob, dishwasher and washer dryer.
Herringbone luxury vinyl flooring runs throughout, with brushed brass fittings, and the bathroom is finished in porcelain tiling with an electric heated towel radiator.
Wi-Fi-enabled electric panel heating and a ventilation system with heat recovery are fitted to every apartment.
Residents share a gym, a games room, a communal lounge, a dining area and social spaces around the atrium, with keypad entry and a video intercom to the entrance.
Leeds railway station is around 500m away, about a 6 to 8 minute walk, with direct trains to London, Manchester, Birmingham and Edinburgh.
The M621 is close by, and the apartment sits beside Leeds South Bank, a 253-hectare regeneration area planned to bring around 8,000 new homes and 35,000 jobs, next to the new Aire Park.
For an investor, an estimated rent of £1,325 a month would equate to a gross yield of around 6.0% on the £265,000 asking price.
The lease is 999 years, and the payment terms are a £3,000 reservation, 20% on exchange and the balance on completion.
Meadow Lane, Leeds LS11 Disclaimer These particulars are for general guidance only and do not form part of any contract or tenancy agreement.
Vale & Mercer has not tested any apparatus, equipment, fixtures, fittings or services and cannot confirm they are in working order.
All measurements, distances, floor plans and areas are approximate and should not be relied upon when ordering fitted items or carpets.
Prospective purchasers and tenants should satisfy themselves, or obtain independent professional verification, of any information provided.
All tenancy applicants are subject to referencing and Right to Rent checks in accordance with the Immigration Act 2014, and any deposit taken will be protected in a government-approved scheme within 30 days of receipt, with the Prescribed Information provided in writing.
Photographs may include items not included in the sale or tenancy and may be taken using a wide-angle lens
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.
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