3-bedroom detached house · LS8 1AG
Opportunity summary
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About
Monroe is delighted to present this property situated in the highly desirable area of Roundhay, this property presents an exceptional development opportunity.
Currently arranged as apartments, it offers fantastic potential to be reconfigured into a substantial home.
Ideally located close to local amenities, parks, and excellent transport links, this is a rare chance to create a bespoke home in a prime residential setting.
Talbot Road, Ls8 - A Prime Renovation Opportunity on Talbot Road, LS8 Set within one of North Leeds’ most sought-after residential locations, this substantial detached Victorian property on Talbot Road presents an exceptional opportunity for developers, investors, or owner-occupiers seeking a high-potential renovation project.
Currently arranged as three self-contained apartments, apartment one is vacant and the remaining two are tenanted at present but tenancies due to end August 2026, allowing a smooth and flexible transition for the next owner.
Occupying a generous south to south-west facing plot, the house enjoys excellent natural light throughout the day.
The roof has been recently replaced, providing peace of mind and reducing immediate capital expenditure.
Additional highlights include off-street parking and a driveway that can allow for two vehicles, although Talbot Road is a very broad street and there is never normally a problem with parking in general.
The internal layout lends itself perfectly to reinstatement as a large family home, with the potential to create four or five double bedroom detached, expansive living spaces, and a striking open-plan kitchen/living area.
Alternatively, the property could be reconfigured or redeveloped to suit a variety of residential strategies, subject to planning.
Located just a stone’s throw from excellent local amenities, the property is within easy reach of the independent shops, cafés, and restaurants of Roundhay and Chapel Allerton, as well as the open green spaces of Roundhay Park.
The area also benefits from a highly regarded school catchment, further enhancing its appeal to families.
This is a blank-canvas opportunity in a premier LS8 location—ideal for those looking to undertake a comprehensive renovation or restore a character property into an impressive detached family residence.
EPC details can be discussed in more detail with the property manager.
REASNS TO BUY -Prime LS8 Postcode -Chain Free -Great Investment Potential -Potential to be a great family home -Blank Canvas Potential -Massive Footprint -Spacious Rooms -Ideal Location, Close To Local Amenities -Off-Road Parking ENVIRONS Roundhay, a highly sought after North Leeds suburb that boasts a wealth of amenities.
The conservation area in Roundhay offers scenic leafy surrounds, outstanding schools, and a selection of fine dining establishments and bars.
There is an abundance of sports facilities, including tennis courts, several championship golf courses, and a bowling green, which are complemented by a variety of yoga studios, fitness centres, and the weekly parkrun hosted in Roundhay Park.
The ever-expanding Leeds Bradford International Airport is also just a short drive away, as is the national motorway network, making this property the perfect hub for both business and pleasure.
Leeds City Centre, Harrogate, York, and Wetherby are also easily accessible via frequent public transport links.
SERVICES We are advised that the property has mains water, electricity, drainage and gas.
LOCAL AUTHORITY Leeds City Council TENURE We are advised that the property is freehold VIEWING ARRANGEMENTS Strictly through the selling agent-Monroe Estate Agents.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Talbot Road, Roundhay
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