Skinner Lane, Leeds

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
366 sq ft
34 sq m
Key features
- One bedroom ground floor flat
- Low service charge
- Strong rental income at £800 PCM
- Strong tenant demand area near Leeds General Infirmary
- Secure parking space
Description
Current Rent: £800 PCM
A compact, well-positioned one-bedroom ground floor flat situated within the established residential area of Skinner Lane, just north of Leeds City Centre. The property offers a straightforward, income-producing investment with a long lease term of 104 years remaining and an EPC rating of C (77), supporting strong lettability and low ongoing energy costs for tenants.
The current tenancy achieves £800 per calendar month, providing immediate rental income from day one. Ground rent has not been collected for approximately six years due to the leaseholder being in liquidation, effectively reducing ongoing lease-related costs for the foreseeable period. The annual service charge is £944.30, keeping holding costs relatively modest.
Investment Summary
Current Rent: £800 PCM (£9,600 PA)
Service Charge: £944.30 PA
Ground Rent: Currently not collected
Purchase Type: Long leasehold (104 years remaining)
Estimated Net Yield
Net Yield 7.2%–7.5%
(higher if ground rent remains non-collectable)
EWS1 - A1
Location Overview
Skinner Lane is located on the edge of Leeds City Centre, within walking distance of the central business district and key employment hubs. The LS7 area benefits from strong rental demand driven by young professionals, students, and key workers due to its proximity to:
Leeds City Centre (5 to 10 minutes)
Leeds General Infirmary
University of Leeds & Leeds Beckett University
Northern Quarter regeneration zones
Excellent public transport and road links
The surrounding area continues to benefit from ongoing regeneration and infrastructure investment, making it a consistent performer for rental demand and occupancy.
Key Features
1 bedroom ground floor flat
Secure parking space
104-year lease remaining
Strong rental income at £800 PCM
Low service charge (£944.30 PA)
Established Leeds rental location
Strong tenant demand area near city centre
This is a straightforward, income-generating asset in a proven Leeds rental location, offering solid yield and minimal complexity for investors seeking a hands-off buy-to-let.
LET PURE INVESTOR TAKE THE STRAIN AWAY …
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
Fully managed lettings and property management service
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If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Skinner Lane, Leeds
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Visit our security centre to find out moreDisclaimer - Property reference 8a Twenty Twenty House. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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