.png)
98 Magellan House, Armouries Way, LEEDS, West Yorkshire, LS10 1JG
1 Bed Flat, Leeds
98 Magellan House, Armouries Way, LEEDS, West Yorkshire, LS10 1JG
For Sale
£85,000+
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
365
Key Features
1-bedroom flat
Published rental income approximately £200 per annum
Leasehold
EPC rating B
Description
Attention Cash Buyers / Investors. This is a great opportunity to purchase an apartment in the heart of Leeds. This one bedroom apartment offers a light open plan living space, the kitchen is equipped with an electric hob/oven, a full size fridge/freezer. The property also offers a potential rental in the region of £825 PCM. The main bedroom is a good size and provides plenty of space for wardrobes. The bathroom is neutrally tiled with 3 piece suite & shower over the bath. Leeds Dock is one of Leeds most popular locations to work, live, and be social. The waterside destination offers restaurants, bars, cafes and a year-round programme of engaging events. Accommodation: Ground Floor: Communal Entrance Hall. Third Floor Apartment: Entrance Hall, Open Plan Living/ Kitchen/ Dining Area, Master Bedroom and Bathroom.
Location
Property located at 98 Magellan House, Armouries Way, LEEDS, West Yorkshire, LS10 1JG.
Investment Analysis
Investment Snapshot
Guide Price | £85,000+ |
Tenure | Leasehold |
Property Type | Residential |
EPC | B |
Published Rent | £200 pa |
Initial Refurbishment Allowance | £5,000–£10,000 |
Suggested Strategy | Buy-to-Let / Owner-Occupier |
Gross Yield on Guide | 0.2% |
Property & Refurbishment
Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
The auctioneer-published rent identified in the source is approximately £200 per annum.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Confirm lease length, ground rent, service charge and major works
Recommendation
Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Buy-to-Let: ★★★★☆
BRRR: ★★★☆☆
Flip: ★★★☆☆
Property Location:
98 Magellan House, Armouries Way, LEEDS, West Yorkshire, LS10 1JG
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
CCF Leeds
Drylining Products
Tel:
01133 851160
Jewson Leeds South
Builders Merchant
Tel:
0113 270 2717
Magnet Leedssouth
Kitchens
Tel:
0113 2716330
More Auction Properties from:
Barnard Marcus
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Land with planning for a 4 bed house with garage | £80,000 | IP26 | Norfolk | 15/04/2025 | Sold | |
Leasehold mid terrace house | £70,000 | WA9 | Merseyside | 15/04/2025 | Sold | |
Long leasehold first floor purpose built selfcontained flat | £90,000 | WV10 | West Midlands | 15/04/2025 | Sold | |
Two bedroom mid terrace property | £104,000 | CF64 | Vale of Glamorgan | 15/04/2025 | Sold | |
Long leasehold garden flat with basement storage | £357,000 | SE1 | London - Southwark | 15/04/2025 | Sold | |
Freehold terrace house | £205,000 | ME5 | Kent | 15/04/2025 | Sold | |
Freehold detached house | £40,000 | CA25 | Cumbria | 15/04/2025 | Sold | |
Freehold two floor mid terrace house | £94,000 | CW3 | Cheshire | 20/05/2025 | Sold | |
Long Leasehold Retail Premises with Upper Part | £25,000 | CH62 | Merseyside | 20/05/2025 | Sold | |
Leasehold third floor flat | £126,000 | NE6 | Tyne & Wear | 20/05/2025 | Sold | |
Long leasehold two floor terraced house requiring updating | £66,000 | SA6 | Swansea | 20/05/2025 | Sold | |
Long leasehold first floor self-contained flat with garden | £435,000 | N8 | London - Haringey | 20/05/2025 | Sold |