We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LS27 8AZ
Sold STCListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** TOP FLOOR DUPLEX APARTMENT IN A CONVERTED MILL CLOSE TO MORLEY CENTRE & WITH FAR REACHING VIEWS *** SPACIOUS OPEN PLAN KITCHEN/LIVING AREA *** MEZZANINE BEDROOM PLUS FURTHER BEDROOM & BATHROOM WITH WHITE SUITE *** DESIGNATED PARKING SPACE *** NO CHAIN & VACANT POSSESSION *** Property Details A top floor duplex apartment in a desirable converted mill complex.
Boasting periodic features and far reaching views, this large apartment comprises; open plan kitchen/living room, large mezzanine level bedroom with fitted wardrobes, additional single bedroom and family bathroom with a white suite.
Gas central heating, double glazed windows and neutral decor throughout. Externally, residents parking is provided. The perfect purchase opportunity for first time buyer or Buy-To-Let investor.
Exterior Designated residents parking is readily available with visitor spaces also provided.
Location This property is situated to give access to the lively and bustling market town of Morley which hosts a leisure centre, train station, a thriving high street with a wide range of shops and a covered market, as well as various schools, restaurants and pubs/bars.
Public transport links include bus routes into neighbouring towns and villages. There is also access to the M62 and Morley's Ring-Road also gives access to the White Rose Shopping Centre.
Leasehold Details This is a leasehold property. We have been advised that the ground rent is £125.00 per annum and that the service charge is £2000 per annum (paid at £500 per quarter).
The lease length is 125 years from 12 Sept 2003.
Additional Information Please note that these photos were taken prior to the most recent tenant moving into the property and the actual condition may vary slightly from what is represented in this marketing.
Agents Note To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. MOR260120/2
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Commercial Street, Morley, Leeds, West Yorkshire, LS27
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