Modern one-bedroom flat with strong rental income and long lease, close to Leeds city centre..
Spacious 1-bed flat, approx 62 m² (667 ft²)
Built 2020 with EPC B (85)
Long lease: 243 years remaining
Currently let at £725 pcm (tenant in situ)
Service charge £1,724.40 pa; ground rent £250 pa
Located in a very deprived area with high crime rates
On-street parking only, first-come, first-served
Fast broadband and excellent mobile signal
A bright, well-proportioned one-bedroom flat in a 2020 build offering 62 m² (667 ft²) of living space. Large windows and an open-plan living/kitchen create airy, modern interiors; EPC B suggests good energy performance. The apartment is sold leasehold with a long 243-year lease, giving long-term security.
This unit is currently tenanted at £725 pcm and has been let for nearly three years, making it immediately income-producing for an investor. Communal areas are well maintained and the block includes lift access and secure entry. Broadband speeds are fast and mobile signal is excellent—practical for renters and working-from-home tenants.
Buyers should note the setting: the postcode sits in a very deprived area with higher-than-average local crime rates, which can affect rental demand and capital growth. On-street parking is available only on a first-come, first-served basis. Annual service charge and ground rent apply (£1,724.40 and £250 respectively) and are material running costs to factor into yield calculations.
Overall, this flat suits buy-to-let investors seeking an easy-to-manage, modern apartment with long lease security and current rental income. It may also appeal to first-time buyers prioritising value and location close to Leeds city centre, provided they accept the neighbourhood challenges and running costs.
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