Summary - 14 FLAT 1 HARPER STREET LEEDS LS2 7EA
1 bed 1 bath Flat
Characterful city-centre one-bed with high ceilings and strong rental income potential..
Rented on rolling basis at £850pcm (short-term tenancy)
Approximately 590 sqft with ten-foot high ceilings
Long lease remaining — c.108 years; EWS1 exempt
Low ground rent £100pa; service charge £1,436.72pa
Electric storage heaters — higher running costs likely
Area broadband speeds reported as very slow
Located in central trendy Northern Quarter — dual-aspect views
Local crime levels rated very high — impacts tenant profile
This one-bedroom apartment in Harpers Yard offers strong rental appeal for buy-to-let investors seeking central Leeds stock. Currently let on a rolling monthly tenancy at £850pcm, the flat produces a healthy gross yield for the asking price and occupies a characterful converted warehouse with large sash windows and ten-foot ceilings that enhance perceived space.
Covering about 590 sqft, the layout includes a separate, well-equipped kitchen, a spacious living/dining room with dual-aspect city views and a good-sized bedroom. Practical details favourable to investors include a long lease (around 108 years remaining), low ground rent (£100pa) and a reasonable annual service charge (£1,436.72). The property is EWS1 exempt and has an EPC rating of D.
Important drawbacks are factual and should guide viewing decisions: heating is by electric storage heaters, broadband speeds in the area are reported as very slow, and local crime levels are very high — factors that can affect tenant demand and running costs. The flat is sold leasehold and sits within a deprived, high-density student/cosmopolitan neighbourhood, which influences both tenant profile and potential capital appreciation.
Overall, this is a compact, characterful apartment suited to investors or buyers who prioritise central location and rental income over low-running-cost, long-term owner-occupier comforts. The property’s central position and spacious rooms give clear short-term letting potential, while the noted negatives (heating type, broadband, crime) are material considerations for management strategy and pricing expectations.
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