We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · ST13 5EP
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom terraced home offers an excellent opportunity for first time buyers, investors, or those looking to take their next step onto the property ladder.
Conveniently situated close to the town centre and all local amenities, the property provides comfortable accommodation with the added benefit of gas central heating with a new boiler installed late 2025 and uPVC double glazing throughout.
The accommodation briefly comprises a welcoming lounge and fitted kitchen to the ground floor, whilst to the first floor are two bedrooms and a bathroom.
Externally, the property as a good sized rear yard together with a useful outbuilding and additional shed providing excellent storage.
This property represents a fantastic opportunity in a convenient location. Lounge (3.62 m x 3.23 m (11'11" x 10'7")) Coved ceiling. Radiator. UPVC glazed door to the front aspect.
Archway through to the kitchen. Kitchen: (3.27 m x 2.63 m (10'9" x 8'8")) Fitted with a range of wall and base units incorporating a built-in electric oven and gas hob with extractor hood over.
Stainless steel sink unit with mixer tap. Plumbing for automatic washing machine. Tiled splashbacks. Tile effect vinyl floor covering.
Window to the rear elevation and obscure glazed uPVC door providing access to the rear yarden. Bedroom One: (2.86 m x 2.59 m (9'5" x 8'6")) Built-in wardrobes with overhead storage. Radiator.
Window to the front aspect. Wood effect laminate flooring. Bedroom Two (2.42 m x 1.83 m (7'11" x 6'0")) Wood effect laminate flooring. Overstairs cupboard housing the boiler. Radiator.
Window to the rear aspect. Internal window to the bathroom. Bathroom (1.41 m x 1.79 m (4'8" x 5'10")) Panelled bath with shower over. Low level W.C and wash hand basin. Tiled walls. Extractor fan.
Vinyl floor covering. High level window through to bedroom two. Garden A low maintenace "yarden" with an area of astroturf. Paved area suitable for garden furniture. A wooden shed with hatch opening.
Gated access to the rear alley way leading back to Gladstone Street.
Value & comps
No previous sales on record.
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 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
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FAQ
About 17 Gladstone Street, Leek
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