1-bedroom flat · LS27 0PD
No longer listedListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
It is Shaun Mellor Property’s pleasure to bring this impressive 1 bedroom mezzanine apartment to the letting market on an unfurnished basis.
Very spacious with high ceilings, feature windows and modern kitchen and bathroom.
This is a first floor apartment in a converted Grade II listed former Methodist church and is located in the heart of Morley, close to all shops, bars, restaurants and transport links.
The property benefits from a secure communal entrance. On entering the apartment you are in the large hall with a useful downstairs WC.
This hall then flows into the open plan lounge/kitchen with large feature windows, fitted fridge freezer and washing machine.
The hall also has the characterful spiral staircase leading to the landing, family bathroom with shower and spacious mezzanine double bedroom overlooking the lounge beneath.
Interest will be high so we are asking applicants to complete a short pre-application questionnaire it enable us to assess suitability prior to any physical viewing.
The questionnaire will automatically be provided when you request a viewing from this website. A member of our team will then be in contact.
Please note that any application to rent this property will be subject to a tenants referencing service which will include a credit and afford ability check.
As a minimum requirement you must be able to demonstrate an annual income of £22,500.
A deposit is also required but subject to your individual circumstances, terms and conditions a Reposit is available. EPC Rating: C
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.
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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 Fountain Street, Morley, LS27
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