1-bedroom flat · ST13 7AS
Listing removedListed 299 days
Opportunity summary
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About
This well-presented first-floor one-bedroom apartment occupies a quiet residential position on the outskirts of Leek market town and represents an excellent opportunity for first-time buyers seeking their first home, as well as investors looking for a strong and reliable rental prospect.
The accommodation is well planned and comprises an open-plan living, dining and kitchen area, a hallway with useful storage cupboard, a double bedroom and a bathroom fitted with a contemporary white suite.
The apartment is accessed via a secure communal entrance hall with intercom system and security lighting.
Externally, the property benefits from allocated parking for one vehicle, along with additional visitor parking.
Conveniently positioned between Leek town centre and the popular village of Cheddleton, the property enjoys easy access to local amenities, local schools and transport links.
Leek itself is a thriving historic market town offering a range of independent shops and supermarkets.
There is excellent access to the Peak District National Park and commuter routes into Staffordshire, Cheshire and Derbyshire.
With strong rental demand in the area, the property would be well suited to buy-to-let investors, while also providing an ideal and affordable first step onto the property ladder.
An internal viewing is highly recommended. Communal Entrance Hall: Intercom entry system. Security lighting. Access to meter cupboards.
Open Plan Lounge / Kitchen Diner 4.62m x 5.9m The kitchen area is fitted with a range of base and wall units and features a four-ring electric hob with integrated Electrolux oven.
There is space and plumbing for a washing machine, along with room for a fridge freezer. A stainless-steel sink with chrome mixer tap. Laminate floor covering. Two radiators.
Two windows to the side aspect. Inner Hallway: Storage cupboard off.
Bathroom: 1.8m x 2.03m The bathroom is fitted with a panelled bath with chrome shower attachment and screen. A pedestal wash hand basin with chrome mixer tap and a low-level WC.
Extractor fan and a shaver point. Tiled walls. Radiator. Obscure glazed window to the rear aspect. Bedroom: 2.6m x 3.6m Radiator. Window to the front aspect.
External: A dedicated parking space, and the use of the visitors space if needed.
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 62 Clover Grove, Leek, ST13 7AS
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