Summary - FLAT 11, VICTORIA HOUSE, 143-145 THE HEADROW LS1 5RL
2 bed 2 bath Apartment
Ready-made student-let with secure income and superb central transport links.
- Currently let at £1,300 pcm until July 2026
- Three private balconies with town hall and art gallery views
- Long lease (approx. 126 years remaining)
- Service charge £2,143.28 pa (average); ground rent £150 pa
- Electric storage heating; no communal gas central heating
- Very slow broadband speeds in the area
- Solid brick construction; likely no wall insulation
- Local crime levels reported as very high
A centrally located two-bedroom apartment overlooking Leeds Town Hall and Art Gallery, currently let at £1,300 pcm until July 2026. Set within a converted 19th-century building, the flat offers three balconies and an open-plan living space across approximately 715 sq ft — features that appeal strongly to overseas student demand and buy-to-let investors.
The property benefits from a long lease (circa 126 years remaining from original 2001 term), double glazing and mains electricity; service charge and ground rent are disclosed and routine. The apartment forms part of a small, 17-unit development close to the train station, shops and city amenities, providing low void-risk rental prospects in a prime LS1 student neighbourhood.
Buyers should note the material negatives: heating is by electric storage heaters, broadband speeds in the area are reported very slow, and the building’s solid-brick walls likely lack cavity insulation. Crime levels in the locality are very high and council tax is above average. Service charge and ground rent are ongoing costs that will affect net yield. These factors are important for resale and management budgeting.
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