3-bedroom terraced house · LS27 0PX
Listing removedListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious through terrace property which has accommodation arranged over three floors plus a cellar.
Having three bedrooms, spacious dining kitchen and a fabulous family bathroom it would be ideal for first-time buyers or growing families and an early viewing is highly recommended to fully appreciate everything this gorgeous property has to offer Ideally situated just a short distance from Morley town centre, this internally spacious three-bedroom mid-terrace has been improved by the current owners with new ground floor and second floor windows in 2022.
The property is beautifully presented throughout and is likely to be very popular, an early viewing is highly recommended to avoid disappointment.
The ground floor accommodation comprises; - front entrance hallway with a feature solid wood floor, front facing living room with a multi-fuel burner inset to the fireplace, dining kitchen with access to the cellar and a porch opening to the rear garden.
The large dining kitchen will easily accommodate a family dining table and has fitted wall and base units, ample worktop space, integrated appliances include - gas hob, electric oven, dishwasher and plumbing for a washing machine.
Additional white goods may be available by separate negotiation.
To the first floor there are two double bedrooms, the main bedroom has free standing wardrobes that are included with the sale, and the landing has a useful understairs store cupboard.
On the second floor there is one double bedroom and a spacious family bathroom which has a four-piece suite comprising; - walk-in shower, bath, WC and wash basin.
The property benefits from a large cellar which is currently used as a home gym but offers huge flexibility and clear potential for further development.
Externally, to the front of the property there is a small low maintenance garden with hedges to the front boundary which provide a good degree of privacy.
The larger rear garden has an outbuilding and a decked area which provides the perfect space for relaxing or enjoying a barbecue.
The property is located within minutes’ walking distance of highly-rated primary and secondary schools, Dartmouth Park and local cricket and rugby clubs, the house is also conveniently located for amenities including independent restaurants and the popular Morley Bottoms bars, providing a friendly social and community feel.
Local Authority, Council Tax Band & Covenants Leeds City Council Council Tax Band B Tenure, Services & Parking Freehold All mains services; central heating and multi-fuel burner On-street parking
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 Fountain Street, Morley, Leeds, West Yorkshire, LS27
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