Sold Flat

APARTMENT 20

AIRE LOFTS, HAPPY WALK, LEEDS, WEST YORKSHIRE LS9 8FX

1 beds 1 baths 463 sq ft Listed 26 Dec 2024 (-546d)

£170,000

Reduced on 11 Mar 2025

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Property details

Tenure

LEASEHOLD

Floor area

43 m²

Council tax band

C

EPC rating

B

Last sold

£170,000 Nov 2023

Price per m²

£3,953/m²

Local average

£166,007 (+2.4%)

Street crime

1128 incidents within 1 mile (Apr 2026)

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Accessibility
Level access
Garden
Yes

Description

An excellent opportunity to live in an eco-friendly one bedroom apartment, with modern industrial features, is now available. Zero ground rent is payable and extremely low service charges apply. The perfect abode for the carbon footprint conscious buyer.

Key features:
- close to the city- great for first time buyers - close-to-local-amenities - a community garden - sought-after location - special air filtration system - the walls also have a special membrane that keeps the inside temperature at bay.

Some great things to expect are; excellent airtightness quality, which retains the heat you generate, keeping emissions low. No gas is used and the building - only electricity supplied from renewable sources. MVHR (Mechanical Ventilation Heat Recovery) Systems are used that provide fresh filtered air yet maintain heat. Triple glazed windows not only help in insulating this home, but also in creating peace and quiet on the inside. Community and inclusion is promoted in the design ethos with green spaces and by supporting local businesses and community events. The Community Interest Company gives our residents the power to contribute to decision making.

Listed by

Leeds

Countrywide UK Sales - Connells

Reference: 156229091

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 10/10/2023

Expiry date: 09/10/2033

Current heating cost: £42/year

Potential heating cost: £42/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 13/11/2023 (2 years ago) £170,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
ECHO CENTRAL TWO 214 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8NQ £64,000 12/12/2025 Flat
BOYDS MILL FLAT 8 EAST STREET, LEEDS, WEST YORKSHIRE, LS9 8BU £270,000 12/12/2025 Flat
ECHO CENTRAL 83 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FH £78,000 11/11/2025 Flat
ECHO CENTRAL 132 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FL £90,000 30/07/2025 Flat
ECHO CENTRAL 10 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FG £95,000 05/03/2025 Flat
ECHO CENTRAL 48 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FG £104,000 25/02/2025 Flat
ECHO CENTRAL 36 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FG £150,000 16/12/2024 Flat
ECHO CENTRAL 127 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FL £100,000 05/12/2024 Flat
ECHO CENTRAL TWO 211 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8NQ £97,500 18/12/2023 Flat
ECHO CENTRAL 38 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FG £98,000 08/12/2023 Flat
ECHO CENTRAL 152 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FL £185,000 05/12/2023 Flat
ECHO CENTRAL TWO 803 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8NR £227,000 17/11/2023 Flat
ECHO CENTRAL TWO 108 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8NQ £143,000 10/11/2023 Flat
ECHO CENTRAL 131 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FL £91,000 29/06/2023 Flat
ECHO CENTRAL TWO 411 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8NQ £107,500 28/06/2023 Flat
ECHO CENTRAL 162 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FL £167,000 09/06/2023 Flat
ECHO CENTRAL 116 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FH £103,000 26/05/2023 Flat
ECHO CENTRAL 66 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FH £98,500 14/04/2023 Flat
ECHO CENTRAL 85 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FH £165,000 20/03/2023 Flat
ECHO CENTRAL 87 CROSS GREEN LANE, LEEDS, WEST YORKSHIRE, LS9 8FH £165,000 24/02/2023 Flat

Area average: £129,925 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6.1%
10y growth 33.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Yorkshire and The Humber. Series: Flats and maisonettes. As of March 2026.

1y (index) -7.3%
5y (index) 5.9%
10y (index) 32.5%

Rental Range

Estimated market rent for Yorkshire and The Humber. Low = conservative, Realistic = average, Optimistic = best case.

Low £770/mo
Realistic £856/mo
Optimistic £942/mo

Based on Postcode area LS → Yorkshire and The Humber.

LHA (30th percentile) floor for Leeds: £673/mo (Apr 2025 – Mar 2026)

Location

Address

Happy Walk

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop South Accommodation Road 0.1 miles
Bus stop Easy Road Cross Green Lane 0.1 miles
Shop Hinchliffe & Haley Classic Car Restoration 0.2 miles
Shop Albion Electrical 0.2 miles
University Leeds Trinity University City Campus 0.8 miles
University Mabgate University Centre 0.9 miles
Train station Leeds 1.0 miles
Hospital St James's Hospital A&E 1.2 miles
Hospital Lincoln Wing - A Block Entrance 1.2 miles
Train station Moor Road 1.2 miles

Street-level crime

Category Count
Violence and sexual offences 297
Shoplifting 193
Anti-social behaviour 116
Public order 107
Other theft 79
Criminal damage and arson 59
Drugs 54
Burglary 52
Vehicle crime 42
Theft from the person 38
Other crime 37
Robbery 22
Bicycle theft 16
Possession of weapons 16
Total incidents 1128

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Mount St Mary's Catholic High School Secondary 0.3 miles Good — 1 Dec 2019
The Richmond Hill Academy Primary 0.3 miles Good — 10 May 2022
University Technical College Leeds Secondary 0.4 miles Good — 8 Mar 2023
The Ruth Gorse Academy Secondary 0.4 miles Outstanding — 28 Sep 2017
LS-TEN Other 0.5 miles Inadequate — 24 Jan 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Cross Green, LS9 £690/mo 1 0.27 miles OpenRent
1 Bed Flat, The Boulevard, LS10 £840/mo 1 0.27 miles OpenRent
1 Bed Flat, The Avenue, LS9 £850/mo 1 0.37 miles OpenRent
1 Bed Flat, Skyline, LS9 £900/mo 1 0.65 miles OpenRent

Average rent: £820/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £105,625
Target investor price (1%) £84,500
Gross yield 6%
Cost-to-rent ratio 16.8×
Monthly cashflow £66/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).