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See how verdicts work5-bedroom house · LS8 2ET
Listing removedListed 173 days
Opportunity summary
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About
A terrific investment opportunity – perfect to convert back to an incredible family home – stone built semi-detached house – currently split into two self contained apartments – one ground floor two bedroom apartment and one three bedroom duplex apartment – full head height basement – requires modernisation but has enormous potential – gardens to the front and rear – driveway – no chain – roundhay With enormous potential and multiple applications, this stone built semi-detached house is currently split into two self contained apartments, with the potential to convert back into a family home or further develop to more apartments, in the basement and second floor.
Located in the heart of Roundhay, property is close to good and outstanding primary and secondary schools, cafes, shops, restaurants, bars, pubs, transport links and of course Roundhay Park with all it has to offer.
There are gardens to the front and rear, as well as a driveway externally. Internally it briefly comprises, Ground Floor Flat; entrance hall, lounge/dining room, kitchen, two bedrooms and bathroom.
First Floor Flat; on the ground floor is the entrance hall. On the first floor is a lounge, dining room, open plan kitchen breakfast room, landing, bedroom, separate bathroom and w/c.
On the second floor are two further bedrooms, landing and store room. The basements is full head height and consist of multiple separate rooms and store rooms.
Energy Rating - tbc A terrific investment opportunity – perfect to convert back to an incredible family home – stone built semi-detached house – currently split into two self contained apartments – one ground floor two bedroom apartment and one three bedroom duplex apartment – full head height basement – requires modernisation but has enormous potential – gardens to the front and rear – driveway – no chain – roundhay Ground Floor Apartment Entrance Hall (4.19m (max) - 3.81m (max) (13'9" (max) - 12'6" (ma) Radiator and built in storage.
Lounge Dining Room (6.48m (max) - 4.11m (max) (21'3" (max) - 13'6" (ma) Radiator and bay window.
Kitchen (2.44m (max) - 1.91m (max) (8'0" (max) - 6'3" (max)) Stainless steel sink with drainer, gas hob with extractor fan over, fan oven, tiled splash back, radiator and a range of wall and base units.
Landing (5.41m (max) - 1.98m (max) (17'9" (max) - 6'6" (max) Stairs to the basement level. Master Bedroom (5.11m (max) - 4.11m (max) (16'9" (max) - 13'6" (ma) Radiator and bay window.
Bedroom Two (2.90m (max) - 2.29m (max) (9'6" (max) - 7'6" (max)) Radiator.
Bathroom (2.44m (max) - 1.91m (max) (8'0" (max) - 6'3" (max)) Tiled walls, panel bath with shower over, wash hand basin, radiator and w/c.
First Floor Flat Porch (Ground Floor) (1.98m (max) - 1.45m (max) (6'6" (max) - 4'9" (max)) Entrance Hall (Ground Floor) (4.04m (max) - 1.98m (max) (13'3" (max) - 6'6" (max) Stairs to the upper level.
Landing (First Floor) (5.64m (max) - 1.98m (max) (18'6" (max) - 6'6" (max) Radiator and stairs to the upper and lower levels.
Lounge (5.41m (max) - 4.11m (max) (17'9" (max) - 13'6" (ma) Electric fire with surround and radiator. Dining Room (5.11m (max) - 4.11m (max) (16'9" (max) - 13'6" (ma) Radiator and bay window.
Kitchen Breakfast Room (3.81m (max) - 3.81m (max) (12'6" (max) - 12'6" (ma) Stainless steel sink with drainer, gas hob with extractor over, fan oven, fridge freezer, boiler, tiled splash back, radiator and a range of wall and base units.
Bedroom Three (3.58m (max) - 1.98m (max) (11'9" (max) - 6'6" (max) Radiator.
Bathroom (2.67m (max) - 1.68m (max) (8'9" (max) - 5'6" (max)) Tiled floor, panel bath with shower over, radiator, store room and wash hand basin.
Separate W/C (1.83m (max) - 1.07m (max) (6'0" (max) - 3'6" (max)) W/c and half tiled walls.
Landing (Second Floor) (4.34m (max) - 2.90m (max) (14'3" (max) - 9'6" (max) Velux window and stairs to the lower level. Master Bedroom (5.18m (max) - 3.35m (max) (17'0" (max) - 11'0" (ma) Radiator.
Bedroom Two (4.42m (max) - 3.35m (max) (14'6" (max) - 11'0" (ma) Radiator. Store Room (2.90m (max) - 2.44m (max) (9'6" (max) - 8'0" (max)) Radiator.
Basement Hallway (3.12m (max) - 2.90m (max) (10'3" (max) - 9'6" (max) Stairs to the upper level.
Basement Room One (7.01m (max) - 3.81m (max) (23'0" (max) - 12'6" (ma) Window and double doors to the gardens. Basement Room Two (4.42m (max) - 4.11m (max) (14'6" (max) - 13'6" (ma) Window.
Basement Room Three (5.11m (max) - 4.11m (max) (16'9" (max) - 13'6" (ma) Butlers style sink, window and door to the gardens Basement Room Four (3.35m (max) - 1.98m (max) (11'0" (max) - 6'6" (max) Basement Room Five (3.20m (max) - 1.91m (max) (10'6" (max) - 6'3" (max) Basement Room Six (3.96m (max) - 1.98m (max) (13'0" (max) - 6'6" (max) Front Gardens Grassed lawns, mature hedges, flower beds, trees, plants and shrubs.
Driveway With parking for several vehicles in tandem. Rear Gardens Grass lawns, patio area, mature trees, plants and shrubs.
Value & comps
No previous sales on record.
Returns
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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 16, Street Lane, Leeds
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