Modern 2-bed canal apartment with parking and two balconies — ideal for investors or city living..
Two balconies off master bedroom and living area
Approx. 620 sq ft; two bedrooms, one bathroom
Allocated secure underground parking space included
Canal-side, fourth-floor position with city views
EPC B; built 2005; long lease (c.980 years)
Service charge c.£2,075 p.a.; ground rent £200 p.a.
High flood risk — may affect insurance and mitigation costs
High local crime and area deprivation — impacts resale/tenancy
Set on the fourth floor of a canal-side development, this modern two-bedroom apartment offers practical city living with clear investment appeal. The property includes two balconies (off the master bedroom and living area), an allocated underground parking space and about 620 sq ft of well-presented accommodation. Built in 2005, the block benefits from HD CCTV, high-speed internet and a long lease (around 980 years remaining). EPC B and no cladding issues provide added reassurance.
The layout and finishes suit buyers seeking a low-maintenance city base or a rental-let that appeals to professionals and students. Service charge and ground rent are notable running costs (circa £2,075 p.a. and £200 p.a. respectively). Heating is electric via room heaters, so running costs may be higher than gas-heated homes.
Buyers should be aware of two material drawbacks: the site is flagged as high flood risk and the wider area records higher crime and pronounced economic deprivation. These factors may affect insurance premiums, resale timing and suitable tenant profiles. Council tax band D and the moderate local amenities are consistent with central-city living.
For an investor or buyer prioritising location and convenience, this apartment offers reliable rental credentials, secure parking and strong connectivity to Leeds city centre. For owner-occupiers, the property is best suited to those prepared for higher utility costs and the realities of an urban, canal-side neighbourhood.
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