2-bedroom house · ST13 5LB
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A quaint two-bedroom terraced property located on London Street, Leek, within walking distance of Leek town centre.
Recently refurbished throughout with tasteful décor, the property offers well-presented accommodation including a lounge with feature electric fireplace, a fully equipped kitchen with built-in oven, two bedrooms and a modern bathroom suite.
The converted cellar provides an ideal office or useful additional space, while externally there is an enclosed rear yard.
Lounge (3.24 m x 3.47 m (10'8" x 11'5")) Feature fireplace with inset electric fire, UPVC entrance door, laminate flooring, seal double glaze window to the front elevation and radiator.
Kitchen (2.64 m x 2.73 m (8'8" x 8'11")) Range of fitted wall and base units with a built-in electric oven and hob, with extractor over. Inset stainless steel sink with tiled splashback.
Laminate flooring, radiator and window to the rear. Stairs lead to the cellar and first floor, with a rear door providing access to the yard.
First Floor Landing Bedroom One (3.52 m x 3.24 m (11'7" x 10'8")) Sealed double glazed window to the front elevation, laminate flooring and radiator.
Feature wall incorporating exposed brickwork and decorative wooden panelling. Bedroom Two (2.83 m x 1.29 m (9'3" x 4'3")) Seal double glaze window to the rear and radiator.
Yard Secure rear yard with access out onto Haywood street for bins Bathroom Modern suite with panelled bath having mixer tap and tap and shower attachment.
Electric shower unit over the bath with shower screen. Pedestal wash handbasin and low-level WC.
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
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FAQ
About 5 London Street, Leek
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