Apartment 2007, Bridgewater Place, Water Lane, LEEDS, West Yorkshire, LS11 5QB

Description

Leasehold twentieth floor flat Location: Bridgewater Place is located on Water Lane close to its junction with Victoria Road (A653). A comprehensive range of shops, bars and restaurants can be found locally within Leeds City Centre. Public transport links are available at Leeds Trains Station lying to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A653 and the M621 located to the south. Recreational pursuits can be found at Hunslet Moor Park lying to the south. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc EPC Rating: C Council Tax Band: B Lease: Held on a lease at a ground rent of £TBC per annum. To view: 28/8 5pm, 5/9 at 10am No booking required – Please arrive at the time stated

Location

Bridgewater Place is located on Water Lane close to its junction with Victoria Road (A653). A comprehensive range of shops, bars and restaurants can be found locally within Leeds City Centre. Public transport links are available at Leeds Trains Station lying to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A653 and the M621 located to the south. Recreational pursuits can be found at Hunslet Moor Park lying to the south. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

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

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

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: ★★★☆☆