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Peel Street, Morley, Leeds, West Yorkshire, LS27 8QE

Yorkshire

£145,000Guide Price

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This property presents a distinctive opportunity in the centre of Morley, being offered at auction. Having served as a two-bedroom rental for over a decade, it holds significant potential for reconfiguration or redevelopment to meet diverse needs. With the appropriate planning permissions, this versatile space could be transformed into additional living areas, a home office, or even an entirely different layout. Upon entering through the rear yard, you are welcomed by a spacious kitchen area that can accommodate dining furniture and provides access to a basement for extra storage. The ground floor also features a large reception room with an adjacent office area that was once utilized as commercial space, offering further possibilities for innovative redesign. The first floor hosts a generous living room alongside the house bathroom and a well-sized double bedroom. Ascend to the second floor to find another ample double bedroom and a kitchenette, providing flexibility depending on your vision for the property. Externally, an enclosed rear yard adds to this property's charm and functionality. Given its prime location surrounded by shops, cafés, and transport links including Morley Train Station – not to mention proximity to quality schools – this home is ripe for modernisation and could yield excellent returns whether rehired as rental or enhanced into a bespoke residence.

Investment analysis

(LS27 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LS27)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +3.6%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on LS27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Peel Street, Morley, Leeds, West Yorkshire, LS27 8QE
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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