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Skinner Lane, Leeds

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

366 sq ft

34 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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

1 Bed Ground Floor Flat | 104-Year Lease
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
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
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.
Secure
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

Approximate location

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Affordability

Monthly repayments£602
Property: £ 119,950
Deposit: £ 11,995
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are 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.
Recently sold & under offer
See similar nearby properties

About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

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Disclaimer - 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.

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