Summary - THE POINT, 3 FLAT 2 WHITEHALL PLACE LEEDS LS12 1AB
1 bed 1 bath Apartment
High-yield one-bedroom close to Leeds station, currently tenanted for immediate income.
- High gross yield: 11.25% at current £750 pcm
- First-floor apartment with large floor-to-ceiling windows
- Compact 377 sq ft one-bedroom layout, efficient living space
- Communal roof terrace for residents
- Long lease remaining (approx. 103 years), peppercorn ground rent
- Service charge £1,647.57 pa and council tax band B
- Electric room heaters only; higher running costs likely
- Local area: high crime and very deprived — consider rental risk
A compact one-bedroom leasehold apartment in The Point, offered with an uncommon gross yield of 11.25% on current rent of £750 pcm. The first-floor flat has large floor-to-ceiling windows that bring in good natural light, an open-plan living area with integrated kitchen appliances, and access to a communal roof terrace. The 377 sq ft layout is efficient and straightforward, suitable for single professionals or buy-to-let portfolios targeting city-centre demand.
Practical details are investor-friendly: a long lease (approx. 103 years remaining from the original 125-year term), peppercorn ground rent, EPC C, and a service charge of £1,647.57 pa. The property is within a 15-minute walk of Leeds central station, supporting steady tenant demand from commuters, students and city workers. Broadband and mobile signals are strong in the area.
Be clear about the material drawbacks: the neighbourhood records higher-than-average crime and is described as very deprived, which may affect rental security and long-term capital growth. Heating is by electric wall heaters and the apartment relies on electric mains; prospective buyers should factor expected running costs and limited scope for gas upgrades. The flat is small and currently tenanted on a rolling monthly basis, so viewings and vacant-possession timing may require coordination.
Overall, this unit suits a buyer seeking immediate rental income and a high gross yield in a central Leeds location. It presents a straightforward entry into the buy-to-let market but requires realistic expectations about tenant profiles, running costs, and local-area challenges.
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