2-bedroom flat · ST13 5DJ
No longer listedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good sized two bedroom flat located on the edge of Leek's town centre. Benefitting from newly fitted carpet and kitchen. Having a spacious living and dining area with original exposed ceiling beam.
The flat is within walking distance to many local amenities such as shops, public transport, public houses and many transport links.
The living room boasts three good sized windows which provide views towards the town centre.
Directions - From our Leek office on Derby Street, continue along Heywood Street and at the traffic lights turn right onto St Edward Street where the property can be found on the left hand side.
Accommodation Comprises - The flat is approached via a communal entrance which then leads to the second floor flat.
Living / Dining Room - 6.93 x 4.36 - Windows to the front aspect that provide views towards town, two double radiators, exposed original ceiling beam, smoke detector and electric fire set in a wooden fireplace.
Kitchen - 3.05 x 2.04 - Range of base cupboards and drawers, work surfaces, Upvc double glazed window to the rear aspect, extractor fan, built in Lamona oven with electric hob above, stainless steel sink and drainer unit with mixer tap, matching wall mounted cupboards and wood effect flooring.
Inner Hall - Upvc double glazed window to the rear aspect and access to the bathroom.
Bathroom - 2.64 x 2.33 - Having vinyl flooring, airing cupboard housing shelving, three Upvc double glazed frosted windows to the rear aspect, extractor fan, wall mounted heater and radiator.
The suite consists of a pedestal wash hand basin, low level wc, panelled bath with shower fitment over. Bedroom One - 4.22 x 2.98 - Window to the front aspect and radiator.
Bedroom Two - 3.77 x 3.34 - Window to the rear aspect, radiator, newly wall mounted Alpha boiler. Services - We believe all mains services are connected.
Viewings - By prior arrangement through Graham Watkins & Co. Measurements - All measurements given are approximate and are 'maximum' measurements.
Please Note - The agent has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property.
Holding Deposit - Non-refundable Holding Deposit Requested: equal to one week’s rent PLEASE NOTE: A holding deposit will be requested from you if the landlord/s wishes to process your application.
This will be to reserve the property you have applied for, while the reference checks are being carried out. The holding deposit will be retained by Graham Watkins & Co.
if the applicant or guarantor withdraws from applying for the property, fails the referencing checks or fails to sign the tenancy agreement within 15 calendar days (or other date mutually agreed in writing).
Deposit - Is typically equal to five weeks' rent but may vary.
This will be held by a registered deposit scheme (Deposit Protection Service DPS) and shall be returned at the end of the tenancy (subject to any deductions if applicable).
Please note no interest is paid on the deposit. Identification - TWO separate forms of identification must be supplied along with each application.
These need to be photographic and proof of current residency. Photo ID: A form of photographic ID is required for each applicant as part of your application.
Passports and photographic driving licenses are both acceptable. If you do not hold a UK/European Passport you must provide a copy of your Visa/Work Permit.
Proof of Residency: A utility bill or bank statement dated within the last three months is required as part of your application. This must show your current address and be in your name.
Local Authority - The local authority is Staffordshire Moorlands District Council Please Note - The agent has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property.
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.
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 St Edward Street, Leek
Explore nearby