Summary - WEST POINT 99 WELLINGTON STREET LEEDS LS1 4JX
1 bed 1 bath Studio
Compact city pied-à-terre or reliable rental in LS1, minutes from station.
Currently let at £750 pcm — immediate income and 10.6% gross yield
This compact studio in West Point offers immediate rental income and strong headline returns — currently let at £750pcm, giving a reported 10.6% gross yield. The apartment is a modern, well-equipped city unit with a kitchenette, full-sized washing machine, limestone-tiled shower room and a fold-away double bed with built-in wardrobe, making it easy to let to students or young professionals.
Residents benefit from central LS1 convenience: minutes from the train station, doorstep amenities including M&S and cafés, 24-hour concierge, CCTV and lift access. The building has modern fixtures such as recessed lighting, triple glazing and video entry, and the lease is long (approximately 977–999 years remaining).
Buyers should note important practical issues. West Point is undergoing fire-safety works; these are in progress and all costs and arrangements should be checked with any mortgage lender before committing. The area records very high crime levels, which may affect tenant mix, insurance and resale perceptions. Service charge and ground rent are modest for central Leeds but apply (£980pa service charge; £365pa ground rent).
This property suits investors seeking near-term income in a central student/cosmopolitan neighbourhood, or a buyer wanting a low-maintenance pied-à-terre. The apartment is compact and best used as a rental or occasional city base rather than a family home; buyers looking for long-term owner-occupation should consider space and security factors alongside the modern conveniences offered.
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