Summary - Skinner Lane, Leeds, LS7 1DL LS7 1DL
2 bed 1 bath Flat
Central two-bed with parking and high rental yield, sold at auction.
Approximately 8.44% gross yield, strong for central Leeds
A compact two-bedroom apartment in Victoria House, well placed for Leeds train station, the city centre and major hospitals. The property offers an attractive gross yield of around 8.44%, making it a clear prospect for investors or first-time buyers seeking rental income near St James’s and Leeds General Infirmary. Included off-street parking and a pleasant communal terraced garden add practical appeal in a central location.
Buyers should note this sale is by auction under the Modern Method of Auction. The purchase involves a non-refundable Reservation Fee (4.5% of the price, minimum £6,600) and a Buyer Information Pack fee (£349). Completion is required within 56 days. Prospective bidders should check the Buyer Information Pack and seek mortgage advice before bidding.
The flat is small at approximately 542 sq ft and heated by electric room heaters; there is no confirmation of tenure in the listing. The surrounding area is an inner-city, multicultural neighbourhood with fast broadband and excellent mobile signal, but it records above-average crime and high deprivation scores—factors to weigh for lettings and long-term values.
Overall, this is a location-driven investment with immediate rental demand from healthcare staff and city workers. It suits someone comfortable with the auction process and who accepts modest living space, electric heating, and the area’s socio-economic challenges in exchange for strong short-term yield and excellent central connectivity.
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