Let until 2026 — immediate income in a high-ceiling mill conversion.
Investment sale — tenanted until May 2026 at £825pcm
This one-bedroom apartment in Victoria Riverside is offered for investment only and is let until May 2026 at £825 per month, providing immediate rental income. Set within a large, converted mill building, the flat benefits from high ceilings, large industrial-style windows and contemporary open-plan living — features that appeal to city renters and professionals.
The property is compact (approximately 372 sq ft) but efficiently arranged with a double bedroom, open living/kitchen and a bathroom. It is sold furnished, which reduces downtime for incoming landlords and helps maintain tenant continuity. The lease has 121 years remaining; service charge is around £849–£1,057pa and ground rent £275pa.
Location is a mixed strength: a 10-minute stroll to Leeds city centre and good transport links and broadband, but the immediate area scores high for crime and very high deprivation. These factors affect tenant demand and resale prospects — suitable for investors who prioritise yield and short-to-medium term rental income rather than long-term capital growth.
Note the apartment uses electric room heaters (no central gas heating) and is small in overall size; buyers should factor in running costs and limited space. The property is leasehold and comes with an existing assured tenancy — no vacant possession and no onward chain.
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