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See how verdicts work1-bedroom terraced house · HX5 0JB
Listing removedListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by Modern Method of Auction on Friday 26th June 12pm powered by iamsold LTD - Starting Bid £95,000 plus Reservation Fee of £6,600 inc vat.Available for sale with no onward chain, this prominently positioned property is situated close to Elland Town Centre and offers excellent potential for conversion into a spacious three bedroom, three storey family home, subject to any necessary consents.The ground floor currently comprises a large shop frontage, kitchen, store room, WC, and cellar.
The first floor accommodation benefits from its own private entrance and includes a hallway, lounge, kitchen, bathroom, and one bedroom.Externally, the property enjoys an enclosed paved garden.Offering flexible accommodation and significant scope for redevelopment, this property presents an exciting opportunity for investors, developers, or buyers looking to create a unique residential home in a convenient location.
Entrance Hall External door to the rear of the property giving access to the flat above and a door leading into the shop.
Shop 17' 8'' x 8' 2'' (5.384m x 2.494m) Good size shop front with large display windows.
Kitchen 11' 3'' x 8' 8'' (3.430m x 2.650m) To the rear of the property with external door, double glazed window and door leading to the entrance hall which gives access to the flat above.
Store Room & WC There is a store room with access to the wc where there is a low flush wc and hand wash basin.
Basement 12' 11'' x 9' 5'' (3.945m x 2.874m) Fully tanked and useful storage with two further small areas and shelving.
Flat Lounge 11' 11'' x 10' 11'' (3.635m x 3.317m) Double glazed window, radiator and gas fire.
Kitchen 9' 3'' x 6' 5'' (2.820m x 1.955m) With a range of wall and base units, sink with drainer, double glazed window, radiator, gas cooker point and plumbing for washing machine.
Bedroom 11' 2'' x 9' 6'' (3.40m x 2.89m) Double bedroom with radiator and double glazed window. Garden The flat has an enclosed paved garden.
Parking There is ample on street parking. EPC The EPC rating for the flat is E. EPC for the shop is C.
Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider...
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Catherine Street, Elland
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