Summary - Flat 38, 19 Yeoman Street LE1 1UT
2 bed 1 bath Apartment
Ideal buy-to-let near Cultural Quarter with allocated parking and long lease.
- Two double bedrooms in a 657 sq ft apartment
- Allocated off-street parking space included
- Located steps from the Cultural Quarter and amenities
- Long lease: 998 years (leasehold)
- Characterful Victorian building: high ceilings, large arched windows
- Solid brick walls; likely no insulation, may need upgrades
- Area marked by very high crime and wider deprivation
- Average broadband speeds; excellent mobile signal
A 657 sq ft, two-bedroom apartment set in a converted Victorian industrial block close to the Cultural Quarter. The property includes an allocated off-street parking space — a rare city-centre benefit that adds clear tenant appeal. The long lease (998 years) and mains gas heating make this straightforward for professional buy-to-let management.
The building's characterful features — large arched windows and high ceilings — support strong rental interest from students, young professionals and cultural workers. Public transport, nightlife and a wide range of amenities are within easy walking distance, underpinning steady demand. Broadband speeds are average but mobile signal is excellent.
Notable negatives are the wider area's high crime rates and overall deprivation, which will affect tenant profiles and may impact achievable rents or insurance costs. The building has solid brick walls with assumed no insulation, so buyers should budget for possible thermal upgrades and associated costs. Council tax is low and flood risk is minimal.
Overall, this is a clear investment proposition for buyers prioritising location and long-lease security. It suits investors prepared to manage tenant mix and consider modest refurbishment to improve energy performance and rental yield.
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