Summary - Apartment 32 Skyline, St. Peters Street, LEEDS LS9 8BN
1 bed 1 bath Apartment
Central studio with balcony and steady rental income for investors.
Private balcony with city-centre views and large windows
Concierge on site and contemporary building finishes
Currently let at £775 PCM — approx 6% gross yield
441 sq ft open-plan studio — practical, easy to let
Leasehold: 109 years remaining; ground rent £250 pa
Electric room heaters — higher running costs than gas
Located in a cosmopolitan student area with very high crime
Medium flood risk and area deprivation may affect resale
A compact, modern studio in the Skyline development, positioned in central Leeds close to Victoria Gate and major transport links. The open-plan layout with large windows and a private balcony suits city professionals or investors seeking an easy-to-manage city-centre let. On-site concierge and contemporary finishes support tenant appeal and rental demand.
The apartment is currently let at £775 PCM, representing approximately a 6% gross yield at the asking price. With 441 sq ft of flexible studio space, good broadband and excellent mobile signal, it is configured for low-maintenance urban living and steady rental income.
Important practical points: the property is leasehold (109 years remaining) with a ground rent noted at £250. Heating is by electric room heaters rather than a central gas system, which can be more expensive for tenants. The wider area is classified as a cosmopolitan student neighbourhood with very high crime statistics and signs of local deprivation, which may affect tenant mix, rent growth and resale appetite.
For an investor targeting central Leeds lettings, this apartment offers straightforward management and immediate income. However, factor in location-related risks (crime, area deprivation), electric heating costs and leasehold charges when assessing long-term returns and exit strategy.
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