House · LS16 5AL
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***RENOVATION/DE-CONVERSION PROJECT or COMMERCIAL USES (STPP)*** A substantial and characterful property converted into two self-contained flats, offering an excellent investment opportunity.
Set within a generous plot, each apartment provides well proportioned accommodation throughout, including spacious living areas, fitted kitchens, comfortable bedrooms and contemporary bathrooms.
The property also benefits from ample off-street parking, large gardens to three sides and a detached garage.
Ideal for investors seeking rental income, an owner occupier looking for a spacious family home or for commercial purposes (subject to relevant planning permission).
West Park is a very popular and most convenient North Leeds suburb offering a wide range of local amenities including; shops, cafes, restaurants and the Village Hotel.
An internal viewing is highly recommended. Apartment 1A - Ground Floor Council tax band: C Vacant Entrance Hall Via front entrance door. Gas central heating radiator.
Kitchen 3.72m (12'2) x 3.4m (11'2) Fitted with a range of wall, base and drawer units. Integrated oven with hob and extractor over. Built in storage cupboards. Space for washing machine.
Lounge 5.08m (16'8) x 3.99m (13'1) Spacious reception room with large double glazed bay window. Double glazed window to side. Two gas central heating radiators.
Reception Room/Bedroom 4.91m (16'1) x 3.81m (12'6) Spacious room with large double glazed bay window to side and double glazed window to rear. Gas central heating radiator.
Bedroom 4.07m (13'4) x 3.84m (12'7) Double bedroom with double glazed window to front. Gas central heating radiator.
Bathroom Fitted with a three piece suite comprising; bath with shower over, WC and wash hand basin. Tiled walls. Double glazed window.
Apartment 1B - First Floor Apartment Council Tax Band: B Currently tenanted at £975pcm. Entrance Hallway Stairs up to first floor apartment via entrance door. Hallway Spacious landing. Store cupboard.
Kitchen 3.19m (10'6) x 2.72m (8'11) Fitted with a range of wall, base and drawer units with worktops over. Integrated oven with hob and extractor hood over. Space for washing machine.
Double glazed window. Reception Room/Bedroom 4.96m (16'3) x 3.83m (12'7) Spacious room with double glazed bay window to side. Double glazed window to rear. Gas central heating radiator.
Bedroom 4.96m (16'3) x 3.72m (12'2) Double bedroom with double glazed bay window to rear. Double glazed window to side. Gas central heating radiator. Bedroom Double glazed window to front.
Gas central heating radiator. Bathroom Fitted with a two piece suite comprising; bath with shower over and wash hand basin. Double glazed window to side. Tiled walls. Separate WC WC. Window to side.
Outside To the front of the property is a driveway offering off street parking and leading to a detached garage.
Lawned gardens to three sides and a further driveway to the rear of the property offering additional parking. Outside store room.
Detached Garage 5m (16'5) x 3.28m (10'9) Parking Central Heating Double Glazing
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
Agent & docs
FAQ
About Spen Road, West Park, Leeds
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