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.
Council Tax Band: A Tenure: Leasehold Lease Years Remaining: 146 Ground Rent: £338.91 per year Service Charge: £1887.00 per year
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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