Summary - 15 FLAT 7 SOUTH PARADE LEEDS LS1 5PQ
1 bed 1 bath Apartment
Ready-made buy-to-let near Leeds transport and amenities, producing immediate rental income.
- Central Leeds location, five-minute walk to train station
- Currently let until July 2027, £11,400 pa rental income
- Long lease remaining (circa 973 years)
- Service charge £2,162.30 pa; ground rent £260 pa
- Electric room heating; no central heating system
- Very slow broadband speeds reported
- EPC rating D; council tax band D
- Area records very high crime levels
This one-bedroom second-floor apartment sits on South Parade in the heart of Leeds city centre, a short five-minute walk from the train station and surrounded by restaurants, shops and universities. The open-plan living/kitchen has integrated appliances and modern finishes, while the bedroom and bathroom are compact and practical — suitable for single occupancy or couples and strong for buy-to-let use.
The property is currently let until July 2027 and produces a rental income of £11,400 per annum, making it immediately income-producing for an investor. The lease is long (approximately 973 years remaining) and service charges and ground rent are stated at around £2,162.30 and £260 per year respectively. EPC rating D; council tax band D.
Buyers should note practical limitations: heating is by electric room heaters, the building appears to have system-built walls with assumed no insulation, and broadband speeds are reported as very slow. The area records very high crime levels, which may affect tenant profiles and insurance costs. Overall, the flat offers central location and rental yield potential but comes with some ongoing costs and amenity limitations buyers must weigh.
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