St. Michaels Lane, Leeds, LS6 3BR - 9 months ago
Listed for £350,000
August 11, 2023
A SUBSTANTIAL SIX BEDROOMED SEMI-DETACHED PROPERTY OPPOSITE HEADINGLEY CRICKET GROUND, JUST A FEW MINUTES WALK TO EXTENSIVE AMENITIES AND TRAIN STATION, WITH LEEDS CITY CENTRE WITHIN EASY REACH.
The property has been run as a residential rental for many years but is now offered with no chain, ideal for converting back to a lovely spacious family home.
In need of some general updating, the very generously proportioned accommodation comprises an entrance hall with separate w/c off, a lounge, dining room and a kitchen with two utility rooms off offering scope to open up these rooms into the kitchen and/or make the kitchen open plan to the dining room, subject to relevant consents. Upstairs, there are three good sized bedrooms, a bathroom and a separate w/c, with three further bedrooms and a shower room w/c on the top floor. Externally, there is a lawned garden to the front, a path to the side leading to an enclosed small low maintenance garden to the rear. There is on street parking available to the front, some on a residents' permit basis and some on time restrictions.
Internal viewing is strongly recommend to appreciate the room proportions and excellent potential to improve the property to buyer's own tastes and standards.
CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
Tenure: Freehold
Possession:Vacant
AML: Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.
Population in LS6 | 47,491 |
Population in Leeds | 635,166 |
Town centre distance | 1.47 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.32 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -28% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +22% |
Sold prices | £183K - £975K |
Sold prices/m² | £859/m² - £6,244/m² |
| |
Square metres | ~186 m² |
Price/m² | £1,882/m² |
Value estimate | £360,500 |
BMV | 3% |
| |
End value, after refurb | £522,383 |
Uplift in value | +49% |
28 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£375K | 10/23 | 0.12 mi | 11, Newport Gardens, Leeds, West Yorkshire LS6 3DA | £3,676 | 102 | 6 | Terraced House | |
£340K | 01/20 | 0.18 mi | 1, The Turnways, Leeds, West Yorkshire LS6 3DT | £1,683 | 202 | 6 | Semi-Detached House | |
£400K | 04/21 | 0.19 mi | 70, St Michaels Road, Leeds, West Yorkshire LS6 3BG | £3,505 | 114 | 6 | Semi-Detached House | |
£305K | 03/21 | 0.23 mi | 1, Headingley Crescent, Leeds, West Yorkshire LS6 3EH | £2,585 | 118 | 6 | Semi-Detached House | |
£385K | 12/22 | 0.32 mi | 39, Langdale Avenue, Leeds, West Yorkshire LS6 3HA | £3,500 | 110 | 6 | Semi-Detached House | |
£449.3K | 03/23 | 0.35 mi | 14, St Anns Lane, Leeds, West Yorkshire LS4 2SE | £3,840 | 117 | 6 | Semi-Detached House | |
£360K | 04/21 | 0.4 mi | 8, Dennistead Crescent, Leeds, West Yorkshire LS6 3PU | - | - | 6 | Semi-Detached House | |
£421.6K | 09/21 | 0.42 mi | 69, St Annes Road, Leeds, West Yorkshire LS6 3NY | £3,146 | 134 | 6 | Semi-Detached House | |
£399.5K | 07/22 | 0.59 mi | 66, Becketts Park Drive, Leeds, West Yorkshire LS6 3PL | £6,244 | 64 | 6 | Detached House | |
£850K | 07/23 | 0.59 mi | 9, Grove Lane, Leeds, West Yorkshire LS6 4AB | - | - | 6 | Detached House | |
£650K | 06/21 | 0.68 mi | 2, Claremont Drive, Leeds, West Yorkshire LS6 4ED | £2,653 | 245 | 6 | Terraced House | |
£335K | 10/20 | 0.82 mi | 37, Cliff Road, Leeds, West Yorkshire LS6 2ET | £3,160 | 106 | 6 | Terraced House | |
£565K | 09/22 | 0.93 mi | 19, St Johns Terrace, Leeds, West Yorkshire LS3 1DY | - | - | 6 | Terraced House | |
£235K | 08/21 | 0.94 mi | 155, Belle Vue Road, Leeds, West Yorkshire LS3 1HG | £1,031 | 228 | 6 | Terraced House | |
£235K | 08/21 | 0.94 mi | 155, Belle Vue Road, Leeds, West Yorkshire LS3 1HG | £1,031 | 228 | 6 | Terraced House | |
£414.9K | 02/21 | 0.95 mi | 65, Montgomery Avenue, Leeds, West Yorkshire LS16 5RQ | - | - | 6 | Terraced House | |
£412K | 12/22 | 1.07 mi | 24, Clarkson View, Leeds, West Yorkshire LS6 2LB | £3,583 | 115 | 6 | Terraced House | |
£970K | 08/23 | 1.1 mi | 4, Ancaster Road, Leeds, West Yorkshire LS16 5HH | £4,409 | 220 | 6 | Detached House | |
£331.2K | 05/21 | 1.13 mi | 25, Glossop Street, Leeds, West Yorkshire LS6 2LE | £3,212 | 103 | 6 | Terraced House | |
£225K | 02/21 | 1.34 mi | 5, Claremont View, Leeds, West Yorkshire LS3 1AU | £2,163 | 104 | 6 | Terraced House | |
£539.3K | 04/21 | 1.34 mi | 277, Otley Road, Leeds, West Yorkshire LS16 5LN | £2,107 | 256 | 6 | Detached House | |
£330K | 11/19 | 1.34 mi | 21b, Hanover Square, Leeds, West Yorkshire LS3 1AP | £2,357 | 140 | 6 | Terraced House | |
£785K | 08/21 | 1.51 mi | 26, North Parade, Leeds, West Yorkshire LS16 5AY | £2,193 | 358 | 6 | Semi-Detached House | |
£395K | 02/21 | 1.56 mi | 54, Moor Grange View, Leeds, West Yorkshire LS16 5BJ | - | - | 6 | Semi-Detached House | |
£975K | 05/21 | 1.65 mi | Hayfield, Foxhill Court, Leeds, West Yorkshire LS16 5PL | - | - | 6 | Detached House | |
£480K | 06/21 | 1.68 mi | 3, Woodlea Drive, Meanwood, Leeds, West Yorkshire LS6 4SQ | £2,581 | 186 | 6 | Detached House | |
£183K | 11/20 | 1.78 mi | 21, Sholebroke Mount, Leeds, West Yorkshire LS7 3HG | £859 | 213 | 6 | Terraced House | |
£282K | 12/20 | 1.96 mi | 31, Colmore Road, Leeds, West Yorkshire LS12 4DF | - | - | 6 | Semi-Detached House |
Cash In | |
Deposit (25%) | £87,500 |
Stamp duty & legals | £16,700 |
Refurb costs | £73,600 |
Total cash in | £177,800 |
| |
Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £386 - £4,302 |
Rent estimate | £1,496 |
Revaluation | £522,383 |
New mortgage | £391,787 |
Cash left in | £52,575 |
Running costs/mo | £1,952 |
Cashflow/mo | £-456 |
Cashflow/yr | £-5,472 |
Gross yield | 5% |
50 rents
Rent | Date | Distance | Address | Beds | Type | |
£1,560 | 11/23 | 0.02 mi | St Michaels Lane, Headingley, Leeds, LS6 | 3 | Terraced House | |
£1,906 | 11/23 | 0.02 mi | St Michaels Lane, Headingley, Leeds, LS6 | 4 | Terraced House | |
£1,365 | 03/24 | 0.02 mi | St Michaels Lane, Headingley, Leeds, LS6 | 3 | Terraced House | |
£563 | 12/23 | 0.02 mi | St. Michaels Lane, Leeds, West Yorkshire, LS6 | 7 | Terraced House | |
£433 | 10/23 | 0.02 mi | St. Michaels Lane, Leeds, West Yorkshire, LS6 | 7 | Semi-Detached House | |
£477 | 10/23 | 0.02 mi | St. Michaels Lane, Leeds, West Yorkshire, LS6 | 6 | Semi-Detached House | |
£3,033 | 05/20 | 0.02 mi | 63 St. Michaels Lane, Leeds, West Yorkshire, LS6 | 7 | Detached House | |
£429 | 11/22 | 0.04 mi | Broomfield Crescent, Leeds, West Yorkshire, LS6 | 5 | Flat | |
£429 | 02/24 | 0.04 mi | Broomfield Crescent, Leeds, West Yorkshire, LS6 | 5 | Flat | |
£1,950 | 02/24 | 0.04 mi | Broomfield Crescent, Headingley, Leeds | 5 | Detached House | |
£1,482 | 05/24 | 0.04 mi | Flat 16, Broomfield Crescent, Leeds, LS6 3DD | 3 | Flat | |
£1,509 | 05/24 | 0.04 mi | Flat 24, Broomfield Crescent, Leeds, LS6 3DD | 3 | Flat | |
£3,328 | 04/23 | 0.04 mi | BILLS INCLUDED - St Michaels Lane, Headingley, Leeds, LS6 | 6 | Terraced House | |
£1,768 | 05/24 | 0.1 mi | Newport View, Headingley, Leeds, LS6 | 4 | Detached House | |
£1,755 | 12/23 | 0.1 mi | Newport View, Headingley, Leeds LS6 | 3 | Detached House | |
£2,340 | 02/24 | 0.1 mi | Newport Mount, Leeds, LS6 | 6 | Terraced House | |
£2,730 | 05/24 | 0.11 mi | Newport Mount, Headingley, Leeds, LS6 | 6 | Terraced House | |
£2,427 | 05/24 | 0.11 mi | Broomfield Road, Burley, Leeds, LS6 3DE | 5 | Terraced House | |
£2,405 | 04/24 | 0.11 mi | Broomfield Road, Burley, Leeds, LS6 3DE | 5 | Terraced House | |
£3,016 | 05/24 | 0.12 mi | Newport Gardens, Headingley, Leeds, LS6 3DA | 6 | Terraced House | |
£2,990 | 04/24 | 0.12 mi | Newport Gardens, Headingley, Leeds, LS6 3DA | 6 | Terraced House | |
£3,705 | 03/24 | 0.12 mi | Cardigan Road, Headingley, Leeds | 9 | House | |
£1,491 | 11/23 | 0.12 mi | Newport Crescent, Headingley, Leeds | 4 | Semi-Detached House | |
£1,906 | 05/24 | 0.12 mi | Newport Gardens, Headingley, Leeds, LS6 | 4 | Terraced House | |
£386 | 11/23 | 0.12 mi | Newport Gardens, Hyde Park, Leeds | 6 | Terraced House | |
£2,314 | 02/24 | 0.12 mi | Newport Gardens, Headingley, Leeds | 6 | Flat | |
£2,685 | 05/24 | 0.13 mi | Flat 3, 70 Cardigan Road, Hyde Park, LS6 3BJ | 6 | Flat | |
£4,302 | 05/24 | 0.13 mi | Cardigan Road, Hyde Park, LS6 3BJ | 9 | Semi-Detached House | |
£412 | 11/21 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£1,512 | 05/24 | 0.13 mi | Cardigan Road, Leeds, LS6 | 3 | Flat | |
£1,512 | 05/24 | 0.13 mi | - | 3 | Flat | |
£3,705 | 05/24 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£3,362 | 11/23 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 8 | Terraced House | |
£2,303 | 04/24 | 0.13 mi | Newport View, Headingley, LS6 3BX | 5 | Terraced House | |
£3,510 | 05/24 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Detached House | |
£3,939 | 11/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 9 | Terraced House | |
£420 | 11/23 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£438 | 11/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 3 | Flat | |
£3,939 | 11/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 9 | Flat | |
£1,313 | 11/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 3 | Flat | |
£1,313 | 12/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 3 | Flat | |
£1,313 | 12/23 | 0.13 mi | Cardigan Road, Headingley, Leeds | 3 | Flat | |
£542 | 11/19 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£433 | 10/23 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£425 | 11/19 | 0.13 mi | Cardigan Road, Leeds, West Yorkshire, LS6 | 9 | Terraced House | |
£3,783 | 10/23 | 0.14 mi | Cardigan Road, Headingley, Leeds, LS6 | 9 | Terraced House | |
£3,705 | 05/24 | 0.14 mi | Cardigan Road, Headingley, Leeds, LS6 | 9 | Terraced House | |
£3,705 | 11/23 | 0.14 mi | Cardigan Road, Headingley, Leeds, LS6 | 9 | Terraced House | |
£3,588 | 11/23 | 0.14 mi | Cardigan Road, Headingley, Leeds, LS6 | 9 | Terraced House | |
£1,261 | 05/24 | 0.14 mi | Cardigan Road, Headingley, Leeds, LS6 | 3 | Flat |