Summary - 149 Echo Central, Cross Green Lane LS9 8FL
1 bed 1 bath Flat
Income-ready studio with immediate rental return and minimal fuss.
Tenanted at £700 pcm until March 2026, ~10% net yield
EWS1 compliant; modern mid‑rise block with lift and roof garden
Open‑plan studio with fitted kitchen and integrated appliances
Service charge ~£1,100 pa; ground rent £200 pa (leasehold)
Electric room heaters (no gas central heating)
Located in a high‑crime, very deprived area — assess letting risk
Sold via Modern Method of Auction; reservation fee applies
No flooding risk; double glazing and contemporary finishes
This well-presented studio in Echo Central offers a straightforward investment: a tenant in place until March 2026 producing £700 pcm, delivering an approximate net yield of around 10%. The apartment is EWS1 compliant and sits within a modern, secure block close to Leeds city centre, with lift access and a communal roof garden.
Accommodation is open-plan with a fitted kitchen and integrated appliances, a compact bathroom with heated towel rail, and useful hallway storage housing the hot water tank and washing machine. The flat is double-glazed and in generally good contemporary condition, making it easy to manage as a buy-to-let without major immediate works.
Buyers should note material details relevant to budgeting and risk: the property is leasehold with average service charges around £1,100 pa and ground rent £200 pa; heating is by electric room heaters rather than central gas; and the building sits in a high-crime, very deprived ward. The sale proceeds via the Modern Method of Auction, which includes a non-refundable reservation fee (4.5% of price, minimum £6,600) and a tight 56-day completion timetable once contracts are drafted.
This lot suits investors seeking an income-producing city-centre studio with minimal refurbishment required and clear cash-flow from day one, provided they accept the auction process, tenancy term, and local area challenges.
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