# 2 bedroom apartment for sale (LS9 8DW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 124, ROBERTS WHARF, NEPTUNE STREET, LEEDS, WEST YORKSHIRE LS9 8DW |
| Price | £250,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £245,000 Aug 2016 |

## Description

THIS APARTMENT IS CLOSE TO THE LOCAL AMENITIES OF CLARENCE DOCK, INCLUDING RESTAURANTS, BARS AND A SUPERMARKET. THIS APARTMENT IS IN THE CONVERSION OF THE EXISTING BANK MILLS BUILDING AND HAS EASY ACCESS FOR MAIN ROADS AND MOTORWAYS. 

CLARENCE DOCK HAS A FREE WATER TAXI THAT IS A QUICK FORM OF TRANSPORT WHICH ALLOWS PEOPLE TO GET ACROSS THE CITY WITHIN 15 MINUTES. 

THIS TWO BED TWO BATHROOM APARTMENT IN ROBERTS WHARF HAS A LARGE BALCONY AREA OVERLOOKING THE RIVER AIRE. THE APARTMENT HAS LARGE FLOOR TO CEILING WINDOWS WHICH ALLOWS NATURAL LIGHT TO FILL THE OPEN PLAN LIVING, KITCHEN AND DINING AREA. 

**FOR MORE INFORMATION, OR TO BOOK A VIEWING PLEASE CONTACT OUR SALES TEAM. OPEN TILL 8 PM MONDAYS TO THURSDAYS!**

## Property Photos

- ![Photo](/listings/photos/40004238/1631515)
- ![Photo](/listings/photos/40004238/1631518)
- ![Photo](/listings/photos/40004238/1631520)
- ![Photo](/listings/photos/40004238/1631522)
- ![Photo](/listings/photos/40004238/1631523)
- ![Photo](/listings/photos/40004238/1631526)

## Floorplans

- ![Floorplan](/listings/photos/40004238/1631535) - Floorplan

## EPC Graphs

- ![EPC Graph](/listings/photos/40004238/1631536) - EPC Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| ROBERTS WHARF 124 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DW | £245,000 | 23/08/2016 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| ROBERTS WHARF 83 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DW | £120,000 | 09/01/2026 | Flat |
| ROBERTS WHARF 187 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DX | £123,000 | 05/12/2025 | Flat |
| DYE WORKS 3 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8AP | £183,500 | 02/12/2025 | Flat |
| ROBERTS WHARF 77 EAST STREET, LEEDS, WEST YORKSHIRE, LS9 8DT | £325,000 | 21/02/2025 | Flat |
| 34 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £176,000 | 10/02/2025 | Flat |
| 34 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £176,000 | 10/02/2025 | Flat |
| ENGINE HOUSE 8 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8AN | £175,000 | 22/12/2023 | Flat |
| ROBERTS WHARF 182 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DX | £250,000 | 18/12/2023 | Flat |
| DYE WORKS 7 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8AP | £235,000 | 06/11/2023 | Flat |
| WORSTED HOUSE EAST STREET MILLS 28 EAST STREET, LEEDS, WEST YORKSHIRE, LS9 8ER | £215,000 | 31/10/2023 | Flat |
| 3 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £180,000 | 01/09/2023 | Flat |
| 48 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £363,000 | 11/08/2023 | Flat |
| 36 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £200,000 | 09/06/2023 | Flat |
| ROBERTS WHARF 32 EAST STREET, LEEDS, WEST YORKSHIRE, LS9 8DT | £163,000 | 26/05/2023 | Flat |
| QUAY ONE 106 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DS | £240,000 | 19/05/2023 | Flat |
| 29 TURLOW COURT, LEEDS, WEST YORKSHIRE, LS9 8PA | £189,500 | 29/03/2023 | Flat |
| QUAY ONE 203 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DS | £125,000 | 16/12/2022 | Flat |
| ENGINE HOUSE 9 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8AN | £225,000 | 09/12/2022 | Flat |
| ROBERTS WHARF 114 NEPTUNE STREET, LEEDS, WEST YORKSHIRE, LS9 8DW | £138,500 | 30/11/2022 | Flat |
| EAST POINT APARTMENT 106 EAST STREET, LEEDS, WEST YORKSHIRE, LS9 8BF | £135,000 | 03/11/2022 | Flat |

**Area average:** £196,875 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £167,652 (40 Flat, LS9, 2024–2026)
- **Deviation:** +49.1%

## Rental Range

*ONS Price Index of Private Rents (Leeds). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,022/mo
- **Realistic:** £1,135/mo
- **Optimistic:** £1,249/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leeds (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, Bridgewater Place, LS11 | £1,500/mo | 2 | 0.71 miles | OpenRent |

**Average rent: £1,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.6% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 7.2%
- **Cost-to-rent:** 13.9×
- **Monthly cashflow:** £340/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -3.7%
- **10y growth:** -1.5%

## House Price Index (HM Land Registry)

*Official index for Leeds; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -0.8%
- **5y growth (index):** 10.6%
- **10y growth (index):** 40.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)