Summary - Plot 111 Water Lane, Leeds LS11 9YW
1 bed 1 bath Apartment
High-spec new-build offering strong rental prospects and flexible payment terms.
Completion 2027 new-build one-bedroom apartment
High specification interiors with integrated kitchen appliances
483 sq ft — compact city-centre accommodation
999-year lease provides long-term ownership security
Service charge approximately £1,358 per year
Broadband speeds reported as slow; may affect tenants
No private outdoor space; typical inner-city aspect
Flexible payment plan available for investors
This newly built one-bedroom apartment (completion 2027) targets investors seeking central Leeds rental stock. Finished to a high specification with integrated appliances and contemporary finishes, the property is compact but well-presented for quick let potential given its city-centre location and proximity to Leeds rail station.
Key investment strengths are a long 999-year lease, a flexible payment plan option, and expected strong rental demand from nearby professionals and students. The interior specification—wood-effect flooring, recessed lighting and quality sanitaryware—supports professional lettings and potential capital growth as Leeds expands.
Buyers should note material practicalities: the apartment is leasehold with an annual service charge of £1,358, broadband speeds are reported slow, and accommodation is small for an inner-city flat (483 sq ft). There is no private garden and limited external views typical of urban developments. These factors affect running costs and tenant appeal for certain demographics.
Overall, this unit suits investors prioritising location, modern specification and long-lease security, while accepting higher service charges and some infrastructure limits (broadband). It is a pragmatic city-centre rental play rather than a family home with outdoor space.
2 bedroom apartment for sale in Plot 306 Water Lane, Leeds, LS11 — £235,000 • 2 bed • 1 bath • 616 ft²
2 bedroom apartment for sale in Plot 409 Water lane, Leeds, LS11 — £254,000 • 2 bed • 2 bath • 642 ft²
1 bedroom apartment for sale in Plot 12 Clarendon Court, Leeds, LS2 — £126,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Central Leeds, LS11 — £215,000 • 1 bed • 1 bath • 409 ft²
1 bedroom apartment for sale in Bath Road, Leeds, LS11 — £148,000 • 1 bed • 1 bath
Studio flat for sale in Plot 4 Sheaf Street, Leeds, LS10 — £95,000 • 1 bed • 1 bath
