2 × 1-bed flat · ST13 5DR
For saleListed 7 days
Opportunity summary
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About
"A Standout investment in the heart of Leek, Staffordshire" Mixed-Use Investment Opportunity We are pleased to present a valuable mixed-use investment opportunity located in the heart of Leek, Staffordshire.
This property features a retail unit on the lower and ground floor, along with seven HMOs on the upper levels and a one-bedroom apartment on the top floor.
The building was developed by the present owners and it currently generates a gross annual rental income generating a gross yield of 8.50% making it an attractive investment option in a prime town centre location.
(income may fluctuate) Denise White Estate Agents Comments Mixed-Use Investment Property This freehold mixed-use investment offers a substantial retail unit arranged over the ground and lower-ground floors, together with seven en-suite HMO bedrooms and a one-bedroom apartment.
It is conveniently situated in the vibrant town centre of Leek, Staffordshire. The retail unit is currently let to a well-known takeaway business, providing an established income stream.
The residential accommodation is arranged over three upper floors. On the first floor, a stairwell leads to an entrance area, a communal kitchen and a spacious communal utility room.
This floor also provides three bedrooms, each with its own en-suite facilities.
A second stairwell leads to the second floor, where an entrance hall gives access to a communal laundry room and four further en-suite bedrooms.
Residents on this floor also have use of the communal kitchen and utility room on the floor below. The top floor comprises a self-contained one-bedroom apartment with its own private facilities.
At an asking price of £900,000 and with a current annual income of £76,510 advised by the current owner (income may fluctuate), the property would provide a gross yield of approximately 8.5%.
Location Leek is known as the 'Queen of the Staffordshire Moorlands', Leek is a former textile town with a long and fascinating history.
The unspoilt town centre offers a refreshing alternative to from modern shopping malls and has a wealth of independent shops, including former silk mills housing antique and reproduction pine centres, as well as traditional and contemporary furnishings.
Delicious local produce can be found in abundance at traditional butchers, bakers, greengrocers, delicatessens and cafes.
Leek is also home to speciality producers of condiments, confectionery, preserves, wine, whisky, craft beers and the traditional Staffordshire oatcake.
Traditional markets abound, both indoors in the beautifully restored Victorian Butter Market and outdoors in the Market Place, offering everything from general goods, antiques and collectables to fine foods and special 'Totally Locally' Sunday markets.
And when it comes to wining and dining, you can choose from a tempting selection of cafés, real ale pubs and restaurants.
Further afield, you'll find the unique, tooth-like rock formations of The Roaches, Rudyard Lake with its picturesque setting and narrow gauge railway and Tittesworth Water, a popular and accessible attraction for visitors of all ages The location offers excellent access to the Peak District National Park, an area of outstanding natural beauty famed for its walking, cycling and wildlife watching.
Steep limestone valleys like Dovedale, with its stepping stones, and Lathkill Dale, draw visitors from around the world.
The nearest train stations to Leek are Stoke-on-Trent (12 miles), Macclesfield (13 miles) and Buxton (13 miles), providing direct services to Manchester, Sheffield and London in around 95 minutes.
Commercial Shop Space (8.00 max x 13.85 max (26'2" max x 45'5" max)) Basement (4.43 x 6.96 (14'6" x 22'10")) Freezer Room (6.26 x 4.59 (20'6" x 15'0")) Entrance To Residential First Floor Entrance Hall Boiler Room (1.00 x 1.20 (3'3" x 3'11" )) Inner Hallway Willow (Bedroom Three) (3.50 x 4.40 max (11'5" x 14'5" max )) Ensuite (1.60 x 1.40 (5'2" x 4'7" )) Beech (Bedroom Two) (3.28 x 3.40 (10'9" x 11'1" )) Ensuite (2.00 x 1.40 (6'6" x 4'7" )) Sycamore (Bedroom One) (4.80 x 4.60 (15'8" x 15'1" )) Ensuite (3.30 x 1.30 (10'9" x 4'3" )) Breakfast Kitchen (6.60 max x 2.40 max (21'7" max x 7'10" max )) Kitchen (2.40 max x 3.40 max (7'10" max x 11'1" max )) Second Floor Entrance Hall Pump Room (1.20 x 1.00 (3'11" x 3'3" )) Hallway Oak (Bedroom Six) (3.50 x 3.00 (11'5" x 9'10")) Shower Room (1.60 x 1.00 (5'2" x 3'3" )) Wc (1.00 x 1.00 (3'3" x 3'3" )) Ash (Bedroom Five) (3.00 x 3.40 (9'10" x 11'1" )) Ensuite (1.00 x 2.00 (3'3" x 6'6" )) Cedar (Bedroom Four) (4.80 x 4.60 (15'8" x 15'1" )) Ensuite (3.30 x 1.30 (10'9" x 4'3" )) Holly (Bedroom Seven) (4.70 x 2.40 (15'5" x 7'10" )) Ensuite (3.40 max x 2.40 (11'1" max x 7'10" )) Laundry (1.80 x 1.80 (5'10" x 5'10" )) Third Floor Self Contained Apartment Kitchen Dining Living (7.00 max x 6.40 max (22'11" max x 20'11" max )) Bedroom (4.40 x 2.80 (14'5" x 9'2" )) Ensuite (3.00 x 3.00 (9'10" x 9'10" )) Agents Notes Tenure: Freehold Services: All mains services connected Council Tax: Staffordshire Moorlands please note income may fluctuate.
The current income is what we have been advised by the current vendor Please Note Please note that all areas, measurements and distances given in these particulars are approximate and rounded.
The text, photographs and floor plans are for general guidance only.
Denise White Estate Agents has not tested any services, appliances or specific fittings - prospective purchasers are advised to inspect the property themselves.
All fixtures, fittings and furniture not specifically itemised within these particulars are deemed removable by the vendor. About Your Agent "Work hard. Stay humble.
Always be kind" - Denise White Property is personal and so is our approach.
Led by Denise White, our experienced team combines honest advice, local knowledge and standout marketing to help people move with confidence.
More than property, it’s about people, homes and the next chapter. We Won!
Denise White Bespoke Estate Agents has been honoured with the esteemed Gold Award for two years running; 2024 & 2025 from the British Property Awards for their exceptional customer service and extensive local marketing knowledge in Leek and its surrounding areas.
The British Property Awards, renowned for their inclusivity and comprehensive evaluation process, assess estate agents across the United Kingdom based on their customer service levels and understanding of the local market.
Denise White Estate Agents demonstrated outstanding performance throughout the rigorous and independent judging period.
Additionally the team have been successful in receiving the gold exceptional award from the British Estate Agency Guide 2025 & 2025 and being listed as one of the Top 500 Estate Agents in the UK.
The Best Estate Agency Guide assess data such as the time taken from listing as for sale to sale agreed, achieving the asking price vs the achieved price, market share of properties available, positive reviews and much more!
Property To Sell? Let’s get you moving.
With honest advice, standout marketing and a proactive, experienced team, we’ll showcase your home, find the right buyer and keep your sale moving, all starting with a free market appraisal.
Property To Let? Great marketing. The right tenant. Everything taken care of.
Choose from Let Only, Rent Collection or Fully Managed services, tailored to you, your property and how hands-on you want to be. You Need A Solicitor! The right solicitor keeps your move moving.
We work with trusted conveyancing professionals and can arrange a quote to help get you sale-ready. Do You Need A Mortgage? Know your budget. Understand your options. Move with confidence.
We can introduce you to a trusted mortgage adviser who will help you find the right way forward.
Buyer Id Checks Once an offer is accepted on a property marketed by Denise White Estate Agents we are required to complete id verification checks on all buyers and to apply ongoing monitoring until the transaction ends.
Whilst this is the responsibility of Denise White Estate Agents we may use the services of Guild365, to verify Clients’ identity.
This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £30.00 inc. VAT per buyer.
This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
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
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
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See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About St. Edward Street, Leek
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