2-bedroom terraced house · OL12 6AQ
Sold STCListed 485 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY A fantastic opportunity to purchase a Mid-Terraced Investment property in Meanwood, with Tenants in Situ paying £850pcm generating a gross yield of 7.85%.
Kept in good condition by the current Tenants, the property briefly comprises of entrance vestibule, lounge with feature fireplace, kitchen featuring ample storage, two good sized bedrooms and a family bathroom featuring three piece suite.
Externally there is an enclosed courtyard to the rear and on street parking to the front. MATERIAL INFORMATION For additional material information, please see the material information brochure.
ENTRANCE VESTIBULE Neutral decor, carpet, UPVC door LOUNGE 14' 6" x 14' 1" (4.44m x 4.30m) Neutral decor, carpet, feature fireplace, radiator, UPVC window KITCHEN 14' 6" x 10' 5" (4.44m x 3.20m) Neutral decor, a range of wall and base units, composite sink, vinyl flooring, UPVC window and door, radiator BEDROOM ONE 14' 6" x 13' 1" (4.44m x 4m) Neutral decor, carpet, UPVC window, radiator BEDROOM TWO 11' 5" x 7' 6" (3.50m x 2.30m) Neutral decor, carpet, UPVC window, radiator FAMILY BATHROOM 6' 8" x 5' 2" (2.04m x 1.60m) Neutral decor, partially cladded walls, white three piece bathroom suite, UPVC window, radiator LEASEHOLD Tenure: Leasehold Lease Start Date: 08/09/1907 Lease End Date: 01/05/2906 Lease Term: 999 years from 1 May 1907 Lease Term Remaining: 881 years NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you) One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
Value & comps
No previous sales on record.
Returns
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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 Holmes Street, Meanwood, OL12 6AQ
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