2-bedroom house · ST13 5NA
Listing removedListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom property within walking distance of the town, and close to all local amenities.
Renovated and modernised by the current owners, this property offers a fresh modern property, with modern kitchen and luxury bathroom.
The accommodation has a spacious lounge, useful understairs storage cupboard, fitted kitchen with integrated oven, hob and extractor fan.
On the first floor are the two bedrooms and the luxury bathroom. Outside there is a shared communal space.
Viewing A Must Lounge: (3.44 m x 3.33 m (11'3" x 10'11")) Spacious room with the window and uPVC door to the front elevation. Fitted window blinds. Radiator, Laminate wood effect flooring.
Wooden fitted meter cupboards. Useful understairs storage cupboard.
Kitchen: (3.43 m x 3.29 m (11'3" x 10'10")) A newly fitted modern kitchen with a range and wall and base units, have wooden countertops and tiled splashbacks.
Inset stainless steel sink unit with mixer tap. Ceramic tiled flooring. Column radiator. Wall mounted combi boiler. Recessed ceiling spotlights. Built-in oven with ceramic hob and extractor hood.
Stairs off to the first floor Window with fitted blind to the rear elevation. UPVC door to the rear shared space.
Bedroom One: (3.34 m x 3.10 m (10'11" x 10'2")) Spacious double bedroom with window, having fitted blind to the front elevation. Radiator. Newly fitted carpet.
Bathroom: (2.38 m x 1.32 m (7'10" x 4'4")) A newly fitted luxury bathroom with panlled bath having dual rain shower fitment over and tiled surround. Low level W.C. Vanity sink unit with mirror over.
Chrome towel radiator. Obscure glazed window to the rear elevation. Bedroom Two: (3.30 m x 2.01 m (10'10" x 6'7")) A useful built-in wardrobe with hanging rail. Newly fitted carpet. Radiator.
Window to the rear elevation. Outside: A shared paved yard with a brick outhouse and wheelie bin storage space with walkway access to the street.
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 5 Grosvenor Street, Leek
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