Summary - Flat 41, 45, St. Michaels Lane LS6 3FA
1 bed 1 bath Studio
Chain-free studio near universities — ideal buy-to-let with communal amenities..
Chain-free studio with modern kitchen and bathroom
Currently let until 30/08/2025; tenancy includes utilities (fair usage)
Short walk to universities, shops, and good transport links
Communal gym, laundry, roof-top terrace and secure entry
Leasehold with c.113 years remaining
Service charge £1,549.96pa; ground rent £396.48pa
Sold at auction — 4.5% non-refundable reservation fee applies
Electric room heaters only; higher running costs possible
This compact studio in The Pavilion, Headingley, offers a ready-made buy-to-let opportunity in a popular student and professional area. The open-plan layout, modern kitchen and bathroom, communal gym, laundry and rooftop terrace make it attractive to renters, with the current tenancy in place until 30/08/2025 and rent that includes electricity and water (subject to a fair usage policy).
Sold via the Modern Method of Auction with a starting bid of £30,000, the sale is chain-free and sits on a long lease (approx. 113 years remaining). Prospective buyers should note the auction’s non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 inc. VAT) and the buyer’s responsibility to obtain and review the Buyer Information Pack before bidding.
Running costs include an annual service charge of £1,549.96 and ground rent of £396.48 per year; heating is by electric room heaters which can increase energy bills despite the property’s EPC C rating. The local area has above-average crime rates and is classed as a cosmopolitan student neighbourhood, so this unit suits investors or parents seeking convenient student accommodation rather than buyers seeking a quiet residential retreat.
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