1-bedroom flat · ST13 5AS
To rentListed 1 day
Opportunity summary
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About
A one bedroomed flat refurbished to a good standard with recently fitted carpets and modern fittings throughout.
Located within easy walking distance of Leek's market town centre as well as close to the bus station or other commuting routes. Briefly comprising a Lounge/Kitchen, Utility/W.C.
and Bedroom with en-suite Shower Room.
Situation - Located just outside the centre of Leek's market town centre this property is in prime position to enable walking to the town; use of local amenities such as public houses, clubs; corner shop and supermarkets; and easy access to all commuting routes.
Directions - From our Leek office, proceed along the A523 Ashbourne Road and the property will be found on your right hand side at the corner of Ashbourne Road and Moorhouse Street; identified by our "To Let" board.
Accommodation Comprises - A UPVC entrance door leading in to: - Lounge / Kitchen - 5.853 x 3.213 - Lounge area = 4.167 x 3.213 Kitchen area = 1.951 x 1.523 A modern Lounge with fully fitted carpet; UPVC double glazed windows to both front and side aspects; a cupboard houses the gas and electricity meters and consumer unit; a wall cupboard houses the "Worcester" combi boiler; radiator; aerial point; ample 10 electrical points to the Lounge area and 9 further electrical points to the Kitchen area; ceiling spotlight set; smoke detector and carbon monoxide detector.
The Kitchen has vinyl flooring with UPVC double glazed window to the front aspect; the suite comprises a range of base units with "formica" work surfaces over and stainless steel splash-backs; inset stainless steel sink and drainer unit with mixer tap; space for an electric cooker with extractor fan over; space for a fridge; matching wall units; ceiling spotlight set.
Utility / Separate W.C. - With vinyl flooring; plumbing for an automatic washing machine; wall hung wash hand basin; low flush W.C.; extractor fan and ceiling light point.
Bedroom - 3.729 x 3.301 - With fully fitted carpet; UPVC double glazed window to the side aspect; radiator; wash hand basin set in a vanity unit with dressing table; ample 8 electrical points; aerial point; smoke detector and ceiling light point.
En-Suite Shower Room - Benefitting from a fully tiled floor with screened walls; a mains fed over-size shower; shelving and ceiling light point.
Services - We understand all mains services are connected. Viewings - By prior arrangement through Graham Watkins & Co.
Measurments - All measurements given are approximate and are 'maximum' measurements.
Please Note - The agent has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property.
Wayleaves & Easements - The property is sold subject to and with the benefits of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, whether or not referred to in these stipulations, the particulars or special conditions of sale.
Websites - Holding Deposit - Non-refundable Holding Deposit Requested: equal to one week’s rent PLEASE NOTE: A holding deposit will be requested from you if the landlord/s wishes to process your application.
This will be to reserve the property you have applied for, while the reference checks are being carried out. The holding deposit will be retained by Graham Watkins & Co.
if the applicant or guarantor withdraws from applying for the property, fails the referencing checks or fails to sign the tenancy agreement within 15 calendar days (or other date mutually agreed in writing).
Deposit - The deposit is typically equal to five weeks’ rent (but may vary).
The holding deposit and four weeks’ deposit will be held together by a registered deposit scheme and shall be returned at the end of the tenancy, subject to deductions.
Please note no interest is paid on the deposit. Identification - TWO separate forms of identification must be supplied along with each application.
These need to be photographic and proof of current residency. Photo ID: A form of photographic ID is required for each applicant as part of your application.
Passports and photographic driving licenses are both acceptable. If you do not hold a UK/European Passport you must provide a copy of your Visa/Work Permit.
Proof of Residency: A utility bill or bank statement dated within the last three months is required as part of your application. This must show your current address and be in your name.
Local Authority - The local authority is Staffordshire Moorlands District Council
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ashbourne Road, Leek
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