1-bedroom flat · ST13 5AJ
No longer listedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bury and Hilton are delighted to offer to let this light and spacious one bedroomed first floor apartment which is conveniently located in a town central position and on the doorstep to all amenities.
Accommodation in brief comprises: Communal entrance hallway, Private entrance hallway, Large bedroom, bathroom and large open plan Lounge, Kitchen and diner.
With double glazed sash windows and electric heating. Viewing is recommended. Available now. Communal Entrance Hallway - With stairs up leading to the first floor.
Private Entrance Hallway - With electric radiator. Door intercom system.
Storage cupboard, Bathroom - 3.05m x 1.65m (10' x 5'5) - With three piece suite comprising: Wc, wash hand basin and bath with wall mounted shower over. Cupboard housing the hot water tank.
Tiled walls. Extractor fan. Towel rail. Bedroom - 5.61m x 4.14m max (18'5 x 13'7 max) - With double glazed sash window to rear. Electric radiator.
Open Plan Lounge/Kitchen/Diner - Lounge - 5.66m x 3.96m (18'7 x 13') - With double glazed timber box bay window to front. Electric radiator.
Open Plan Kitchen Diner - 5.13m x 3.96m (16'10 x 13') - Fitted with a matching range of wall and base units with drawers and work surface over incorporating one and a half bowl sink with drainer.
Integrated appliances including fridge and washing machine. Electric hob and oven with extractor hood over. With double glazed timber box bay window to front. Space for dining table.
Tiled splash backs. Application - Applications for the tenancy of this property must be in writing to Bury and Hilton and on the prescribed 'Application for Tenancy' form.
Council Tax - Council Tax Band 'A' The tenant is responsible for payment of the Council Tax.
Expenses The tenant shall be required to meet all expenses for electricity, fuel, drainage, contents insurance, television licence and telephone charges.
Deposit - A deposit equal to one month’s rent shall be due to the landlord at the commencement of the tenancy.
This deposit will be paid in to the deposit Protection Scheme and repaid in full a the end of the tenancy subject to the property being left in a satisfactory condition following an inventory check.
Reference - References through HomeLet will be applied for by Bury & Hilton Proof Of Id - In order to comply with Right to Rent Regulations we ask that prospective tenants provide proof of identity.
Please bring your passport or appropriate ID. Viewing - Strictly by appointment only through the selling agents Bury & Hilton at the Leek Office on .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 62/64 Derby Street, Leek, Staffordshire
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