3-bedroom terraced house · LS8 2AP
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Attention Investors!** This end-terrace property located just off Street Lane in the heart of Roundhay has been converted into two self-contained flats, with further potential to extend into the large cellar (subject to planning permission).
Sold with no onward chain. **Flat 1** – Currently rented for £790per month.
This well-presented ground-floor apartment boasts a private rear entrance, an inviting living area, a spacious double bedroom with ample storage, a modern fitted kitchen, and a contemporary shower room.
this property also includes access to the large cellar. Council Tax band A **Flat 2** – Currently rented for £900 per month (including electric).
This spacious maisonette spans the first and second floors of the end-terrace conversion.
The accommodation includes a large lounge, a generously sized dining kitchen (refitted in 2019), two double bedrooms, and a bathroom (also refitted in 2019) featuring a modern white suite.
Council Tax band B. This property is an excellent investment opportunity with strong rental income potential and room for future expansion.
The property also offers the potential to be converted back into a four-bedroom home, providing added flexibility for future owners looking to expand the living space. EPC rating: E.
Tenure: Freehold, Council Tax Flat 1 - Council Tax Band A Flat 2 - Council Tax Band B Please Note We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none are to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency can be given.
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 Norman Terrace, Roundhay, Leeds, LS8
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