Summary -
121b, Cardigan Road,LEEDS,LS6 1LU
LS6 1LU
2 bed 1 bath Commercial Property
Dual-income building near universities and transport links.
Two commercial units generating £14,250 p/a combined
Set on a busy junction near Burley Park station and Headingley amenities, this red-brick end-terraced freehold combines steady commercial income with a spacious duplex flat. The two ground-floor units are trading, producing a combined commercial rent of £14,250 per annum, while the self-contained two-bedroom flat above generates £15,642 per annum (inclusive of bills) and is let until 30 June 2026.
The building offers high ceilings and large Victorian shopfronts at pavement level, useful for retail or café uses, plus shared basement storage and washroom facilities. The duplex flat benefits from a separate side entrance, double-aspect living room, modern kitchen, and two large double bedrooms across the top floor, making it attractive to long-term tenants or as a managed student let.
Important practical points are clear: the EPC rating is E and the sale is subject to the buyer retaining the current lettings management agent until otherwise agreed. Business rates are shown with RVs of £7,000 and £7,200. There is a modest garden/yard to the side and substantial pavement frontage, but the plot is small and the property sits in a busy, cosmopolitan student neighbourhood — good for income, less suited to quiet residential buyers.
This freehold suits investors seeking immediate rental income from mixed uses, or owner-occupiers wanting a trading ground-floor business with rental income above. The building is largely ready to hold as-is but may reward medium-term investment for energy improvements and cosmetic upgrades to boost capital value and EPC performance.
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