Summary - 415 Gateway East, Marsh Lane LS9 8AU
1 bed 1 bath Apartment
Turnkey central apartment with concierge, gym and immediate rental income.
Larger-than-average one-bedroom apartment, 488 sq.ft
Balcony with quiet courtyard outlook
24-hour concierge and on-site gym included
Currently tenanted until Mar 2026 at £900pcm (income-producing)
Leasehold: 131 years remaining
Service charge approx. £1,550.96 pa; ground rent £250 pa
Electric room heaters — likely higher heating bills than gas
Located in a multicultural student neighbourhood (rental demand, reduced quiet living)
Set just east of Leeds city centre, this larger-than-average one-bedroom apartment (488 sq.ft) sits within The Gateway — a modern development with 24-hour concierge, on-site gym and a range of communal amenities. The open-plan living area opens onto a balcony overlooking a quiet courtyard, offering a private outdoor spot in a busy urban location. The property is currently let until March 2026 at £900pcm, making it immediately income-producing for investors.
Practical running costs include a quarterly service charge (approx. £387.74; £1,550.96 annually) and a £250 ground rent (next review 2031). Heating is electric with room heaters rather than a communal gas system, which may mean higher energy costs compared with gas-heated flats. The long lease (131 years remaining) and an EPC rating of C are positive tenure and energy indicators.
The building sits in a multicultural, student-heavy neighbourhood close to Leeds Train Station, shopping, restaurants and entertainment — strong location fundamentals for rental demand but less suited to buyers seeking a quiet residential suburb. Council tax band C and fast broadband/mobile signal add everyday convenience. Buyers should note the leasehold tenure, ongoing service charges and the tenancy in place until 2026 when assessing personal move-in timing or yield projections.
1 bedroom apartment for sale in Gateway West, Leeds City Centre, LS9 — £136,500 • 1 bed • 1 bath • 460 ft²
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