Compact central flat with strong rental potential and vacant possession.
Two double bedrooms suitable for two sharers or a small family
A compact two-double bedroom city-centre apartment in the Citispace development, offered with vacant possession and EWS1 compliance. The main living space is bright and open-plan with full-height windows and a Juliette balcony, and the layout includes a full-sized fitted kitchen and bathroom — practical for long-term letting or owner-occupation.
The building was constructed in the mid-2000s and the flat benefits from double glazing and straightforward electric heating. The apartment sits on a mid-rise mixed-use block close to Leeds amenities and transport links, making it easy to let to students, professionals or short-term renters. The 110-year lease term (circa 104 years remaining stated elsewhere — buyers should verify) and supply of vacant possession simplify purchase and lettings arrangements.
Running costs and considerations are material: an annual service charge of about £2,600 and ground rent of £250 are payable, heating is electric room heaters, and the EPC rating is D. The property is in an inner-city, multicultural student neighbourhood with above-average local crime statistics and a very deprived local area classification — factors that affect resale and management decisions.
For an investor the flat offers strong rental prospects given central location and fast broadband/mobile signal, but factor in the relatively high service charge for a small 603 sq ft apartment and the ongoing electric heating costs. First-time buyers seeking a city pied-à-terre will appreciate the vacant possession and compact, low-maintenance footprint, but should budget for utility and service charge outgoings and confirm lease details with a solicitor.
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