Summary - Plot 23 Sheaf Street, Leeds LS10 1HD
1 bed 1 bath Flat
Central new-build one-bedroom ideal for buy-to-let investors seeking steady demand.
High tenant demand from students and young professionals
New-build one-bedroom flat with contemporary finishes
999-year lease — long-term ownership security
Average service charge £1,287 per year
Excellent transport links; ~12-minute walk to Leeds station
No flood risk; low local crime rate
Very slow broadband speeds — may affect some tenants
Compact internal layout; no private outdoor space
This one-bedroom new-build flat on Sheaf Street sits in the heart of Leeds South Bank regeneration, positioned for steady rental demand from students and young professionals. The apartment is compact, well finished and designed for low-maintenance tenancy, making it suitable for buy-to-let portfolios seeking central-city exposure and quick lettings.
Practical strengths include a long 999-year lease, no flooding risk and excellent mobile signal, with good walking access to Leeds station and local amenities. The development benefits from ongoing area investment, which supports capital-growth prospects alongside immediate rental income potential.
Buyers should note material considerations: the property is leasehold with an average service charge of £1,287 per year, and advertised broadband speeds are very slow — a potential drawback for some tenants. The flat offers no private outdoor space and internal living areas are compact, so rental appeal will favour single occupants or sharers rather than families.
Overall this is a straightforward, investor-focused opportunity: a modern, low-upkeep one-bedroom apartment in a central regeneration zone with strong tenant demand, balanced by service costs and limited internal space.
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