5-bedroom house · LS3 1AP
Sold STCReduced £50k (−11.1%) on 5 SepListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This impressive five bedroom terraced home is located on the highly sought after Hanover Square, currently split into two apartments and providing further opportunity for development into a strong investment.
Entrance leads into the spacious hallway which has been created to allow access to the two separate apartments.
The ground floor apartment has a bright and spacious lounge with bay window and feature fireplace, along with a further large double bedroom overlooking the rear of the property.
There is also a fitted kitchen and shower room.
A door leads to the basement, which boasts two large rooms and two smaller rooms, providing opportunity for further development (subject to necessary planning permissions).
The first floor apartment is a maisonette spread over two floors. To the first floor there is a large lounge, generous double bedroom, fitted kitchen and single bedroom.
Stairs lead to the second floor which houses two further double bedrooms. Externally, there is a rear garden currently accessed through the ground floor apartment.
This is a fantastic opportunity to secure a large, characterful house just minutes walk from Leeds City Centre.
The property offers potential to convert back into an impressive family home, renovate and rent out the two existing apartments, or even develop further to create a stronger investment.
Hanover Square is situated for immediate access to Leeds City, Leeds General Infirmary, Leeds Beckett University and the surrounding districts of Burley, Hyde Park, Kirkstall and Headingley.
Leeds vibrant centre features an extensive range of amenities including shopping, banks, cinema, bars and restaurants together with the train station and access to motorway network links.
Anti-Money Laundering (aml) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Tenure Freehold Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
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
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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 20, Hanover Square, West Yorkshire
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