1-bedroom flat
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3081838.
Portland Grange Portland Grange is purpose built by McCarthy & Stone for retirement living, located in Leek, Staffordshire, close to the town centre, local amenities and transport links.
The development consists of 49 one and two bedroom apartments for the over 60s.
You can relax knowing there's a House Manager on hand during office hours as well as the added benefit of having security features.
These include a 24 hour emergency call system should assistance be required and a camera door entry system. Entrance Hall Front door with spy hole leads to a welcoming entrance hall.
The 24 hour emergency response system is situated in the hall. From the hallway there is a door to a walk-in storage cupboard / airing cupboard with washer dryer.
Smoke detector, apartment security door entry system with intercom is in the hall. Doors lead to the lounge, bedroom and shower room.
Lounge / Diner A generous lounge offers space for dining and includes double width windows providing lots of natural light.
TV and telephone points and 2 ceiling lights, fitted carpets, raised electrical power sockets. Oak effect door with clear glass panels leads onto a separate kitchen.
Kitchen Fully fitted kitchen with a range of low and eye level units and drawers. Under pelmet lighting, stainless steel sink.
Built in mid height oven, ceramic hob with extractor hood and fridge / freezer. Tiled floor. Bedroom Generously sized bedroom, benefitting from a walk-in wardrobe.
Ceiling lights, TV and telephone points, fitted carpets and raised electrical power sockets power sockets.
Shower Room Luxury shower room with walk-in triple width unit and glass screen, low level WC, vanity unit with built-in sink and mirror above and a wall mounted heater.
This property comes with a car parking space within the gated complex. Monthly Service charge / ground rent is included in the monthly rent.
The service charge does not cover external costs such as your council tax, electricity, TV and broadband but does include costs associated with the House Manager, water rates, the 24 hour emergency call system, the heating and maintenance of all communal areas including the gardens.
Summary & Exclusions: - Rent Amount: £1,350.00 per month (£311.54 per week) - Deposit / Bond: £1,350.00 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 01 December 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 3081838 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Portland Grange Portland Street, Leek
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