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Furnished
Leasehold

£42,000

1 bed flat for sale

Artist Street, Leeds LS12
1 bed
1 bath
1 reception
Email agent

£42,000

1 bed flat for sale
Artist Street, Leeds LS12

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

Furnished
Leasehold

About this property

    One-Bedroom Flat – Meridian House, Artist Street, Armley, Leeds LS12



    Tenure: Leasehold

    Council Tax Band: A

    EPC Rating: E (54)

    Current rental value: Property is let at £695PCM

    Cash Buyers Only

    A compact and well-kept one-bedroom ground-floor flat in Meridian House, Armley. Measuring approximately 40 square metres (430 square feet), it offers a practical layout and a tidy kitchen. The flat is currently tenanted and has been maintained in fair condition, providing a straightforward investment option.

    The flat benefits from communal parking (16 spaces for the block).

    Key Leasehold & Management Info:



    * Lease: 155 years from 1 January 2016 (approximately 146 years remaining)

    * Ground Rent: £338.91 per year

    * Service Charge: Approximately £1,373 per year

    * Managing Agent: Canonbury Management, Doncaster (via Residents Quarter)

    * Landlord: Residential Capital (Meridian House) Ltd

    Certificates & Reports:



    * Electrical Installation Condition Report (eicr): Satisfactory as of 30 March 2022; next due March 2027; no remedial actions required

    * Building Insurance: Paid and managed via the management company

    * Fixtures Included: White goods, light fittings, carpets, curtain poles, and most kitchen appliances

    Location & Lifestyle:



    * Approximately 10 minutes to Leeds city centre via road or bus

    * Close to Armley Park, local primary schools (Ofsted-rated Good), and convenience shops

    * Well-connected via the A647 and local rail stations

    * Armley offers solid rental demand from professionals and key workers

    Ideal as a low-cost addition to a portfolio or starter flat for investors looking for high returns in a growing city. Viewing by appointment only.

    More information

    • Tenure

      Leasehold (146 years)

    • Service charge

      £1,887 per year

    • Council tax band

      A

    • Ground rent

      £339

    • Ground rent date of next review

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