Spring Road, Headingley, Leeds, LS6

At £650,000, this substantial freehold period building is exceptionally cheap against the local average at £117/sq ft versus £278/sq ft, making the acquisition price a major strength. It is arranged as eight flats, has an established rental history and is currently part let, so there is scope to refresh selected interiors and work towards fuller occupancy. The dated finishes vary between units, while the visible living areas are generally serviceable; the rear garden and parking also add practical appeal.

The basement conversion and the reported historic coach-house permission offer further possibilities, subject to feasibility and approvals. The listed renovation range is £12,000–£30,000; visible ceiling cracking and some uneven or worn paving are worth checking as part of planning the work. Overall, the low entry price and scale make this a strong project for an investor able to manage a multi-unit building and pursue its rental potential.