Guide price

£420,000

7 bed detached house for sale
Flats 1-5 & 7B, Fairfax Road, Beeston, Leeds, West Yorkshire LS11

    • 7 beds

    • 6 baths

    • 6 receptions

Auction
Freehold
Added on 24/04/2026

About this property

  • For sale by auction on the 13th May 2026

  • Guide price £420,000 +

  • Freehold block of apartments

  • Six self-contained apartments

  • Fully tenanted

  • Currently generating £47,148 per annum

  • Permission granted to convert outbuilding

  • Council Tax band each flat A

  • EPC Ratings each flat C

We’re offering this rare investment opportunity via traditional method of auction on the 13th May. This large, detached property was initially built for the Lord Mayor of Leeds in the 1850’s, but now comprises six self-contained flats, including 2 x studios, 3 x 1 bedrooms, and a 2-bedroom apartment. The entire property is tenanted with young professionals, and is currently generating £47,148, however there is potential to increase this. The vendor has owned the property for 45 years and has maintained it extremely well throughout, with good insulation, so there’s no work required for a buyer. In addition, the property benefits from a driveway, large outbuilding, mature gardens and a secure bike shed.

An additional bonus, is the 79sqm outbuilding that has been granted planning permission to convert it into a self-contained two-bedroom apartment (22/03543/fu). Proof of commencement of works can be found in the legal pack. If this conversion was carried out, this could increase the total income to £61,548 per annum. In December 2025, plans were submitted to convert the garage into 2 x one bedroom apartments, but this has been rejected. However, we’ve been advised there are grounds for this to be appealed. If converted into two flats, this could further increase the total income to approximately £65,148 per annum.

Please note: A 6 week completion applies to this lot.

Accommodation

Lower Ground Floor

Flat 7b: Living room, kitchen, sleeping area, bathroom and study/storage room.

Ground Floor

Flat 1: Living room/bedroom, kitchen and bathroom
Flat 2: Living room/kitchen, bedroom and shower room.

First Floor

Flat 3: Living room/kitchen, bedroom and bathroom
Flat 4: Living room/bedroom, kitchen and shower room
Flat 5: Dining hall and kitchen

Second Floor

Flat 5: Living room, two bedrooms and a shower room.

Externally

Driveway, garage, bike shed and rear garden

Additional Information

Council Tax

Leeds City Council - Each flat Band A

EPC Ratings

Each flat rated C

Tenure

Freehold

Charges And Payments

In addition to the deposit
Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Searches £360 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Monthly repayment

£2,101 per month

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More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

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