Offers over
£155,000
1 bed flat for saleSpringwell Gardens, Leeds LS12
1 bed
1 bath
EPC Rating: B
About this property
To be Sold With Tenants In-Situ
9th Floor Position With Open Views
Circa 7% net Yield
Established City Development
Minutes From Leeds City Centre
Accessible Lift To All Floors
Council T
A ready-made investment opportunity located within the increasingly popular rental development of Springwell Gardens, Leeds, LS12, with potential to generate around £1,050 pcm from reliable long-term tenants with no arrears history. Positioned within a strong and evolving Leeds rental corridor close to the city centre and major employment hubs, the property benefits from consistent tenant demand and excellent connectivity.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 8%. Comparable rental properties within LS12 and surrounding central Leeds locations are currently achieving between £1,000–£1,150 pcm for similar modern apartments, supported by strong demand from young professionals and city commuters.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (997 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
.png)