Guide price
£38,000
1 bed flat for saleFlat 1, 38 Trentham Street, Leeds, West Yorkshire LS11
1 bed
1 bath
Added on
About this property
For sale by Online Auction - 28th ofOctober 2026
Town & Country Property Auctions East Midlands are delighted to present this exceptional high-yield investment opportunity.
Currently let on a short-term tenancy, the property generates an annual rental income of £8,100, providing an immediate return for investors.
This self-contained one-bedroom apartment comprises a spacious bedroom, modern bathroom, open-plan lounge/dining area with fitted kitchen, offering comfortable accommodation in a highly lettable format.
With some cosmetic improvements, there is excellent potential to increase the rental income significantly, enhancing the property's already attractive yield.
Priced at over 35% below market value, this represents an outstanding opportunity for investors, landlords, or those seeking a value-add project with strong capital growth and rental potential.
Properties at this price point are in high demand, and pre-auction offers are invited. Early viewing and enquiries are strongly recommended to avoid disappointment.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
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Tenure
Leasehold (124 years)
Service charge
£3,700 per year
Council tax band
Ground rent
£740
Ground rent date of next review
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