Contemporary 2-bed city apartment — ideal for buy-to-let in LS9, sold via auction.
Modern two-bedroom apartment with balcony and large windows
Compact 326 sq ft — small overall living area
Sold by Modern Auction — undisclosed reserve price
Non-refundable reservation fee 4.5% (min £6,600) plus buyer fees
Leasehold with service charge ~£2,732 per year
Ground rent approximately £335 per year
Community mains-gas heating; double glazing (install date unknown)
Fast broadband and excellent mobile signal, great transport links
A compact modern two-bedroom apartment in LS9, offered at auction and suited to buy-to-let investors or cash-ready first-time buyers seeking a city-base near Leeds centre. The 326 sq ft open-plan apartment has large windows, a balcony, and contemporary finishes that make it straightforward to rent to students or young professionals. Fast broadband and excellent mobile signal add practical appeal for urban tenants.
Be clear on the sale terms: this is a Modern Method of Auction listing with an undisclosed reserve price. Bidders must sign a reservation agreement and pay a non-refundable reservation fee of 4.5% (minimum £6,600), plus associated buyer costs. The auction route can be quicker, but requires close attention to the auction pack and completion times.
Ongoing costs and tenure affect total yield. The property is leasehold with an average service charge of £2,732 and ground rent circa £335. Heating is via a community mains-gas scheme; double glazing is fitted though install date is unknown. At 326 sq ft the accommodation is compact and best suited to tenants accepting smaller living space.
For investors this apartment offers immediate lettability in a student/cosmopolitan neighbourhood and low council tax which can support tenant demand. Prospective buyers should review the full legal pack, confirm lease length and service charge details, and budget for the auction fees before bidding.
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