1954 Speedway National League Division Two
| League | National League Division Two |
|---|---|
| No. of competitors | 11 |
| Champions | Bristol Bulldogs |
| Riders' Championship | Ken Middleditch |
| Highest average | Ken McKinlay |
| Division/s above | National League (Div 1) |
| Division/s below | Southern League |
The 1954 National League Division Two was the ninth post-war season of the second tier of motorcycle speedway in Great Britain.