2 Bed Flat, Single Let, Pudsey, LS28 6NB, £123,000

PAVILION COURT, Stanningley Road, Leeds, West Yorkshire, LS28 6NB - 5 views - 4 years ago

BTL
ROI: 7%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£60K - £285K
Sold Prices/m²£857/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£132,115
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,750

Stamp Duty & Legal Fees

£4,890

Total Cash In

£35,640

 

 

Cash Out

 

Rent Range

£750 - £895

Rent Estimate

£756

Running Costs/mo

£556

Cashflow/mo

£200

Cashflow/yr

£2,405

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £60K to £285K, average is £120K. £857/m² to £4.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£130K03/230.05 mi28, Baptist Way, Stanningley, Pudsey, West Yorkshire LS28 6LA2
£132K11/230.05 mi20, Baptist Way, Stanningley, Pudsey, West Yorkshire LS28 6LA2
£125K10/210.07 mi25, Jordan Road, Stanningley, Pudsey, West Yorkshire LS28 6LB2
£205K10/230.07 mi10, Jordan Road, Stanningley, Pudsey, West Yorkshire LS28 6LB2
£127K01/240.07 mi11, Jordan Road, Stanningley, Pudsey, West Yorkshire LS28 6LB2
£125K10/220.15 mi45, Richmond Close, Bramley, Leeds, West Yorkshire LS13 3HF2
£120K11/220.36 mi72, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£101K11/200.37 mi96, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£101K11/200.37 mi96, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£87.5K07/210.37 mi74, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£106K07/210.37 mi52, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£128K04/230.37 mi52, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£112K05/230.37 mi108, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£112K05/230.37 mi46, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£112K07/230.37 mi112, Swinnow Close, Leeds, West Yorkshire LS13 4NF2
£117.5K01/210.42 mi1, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£112K12/200.42 mi9, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£115K02/210.42 mi14, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£117.5K02/210.42 mi35, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£95K04/210.42 mi25, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£140K01/230.42 mi27, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£145.8K10/230.42 mi33, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£138.5K02/240.42 mi19, Pavilion Close, Stanningley, Pudsey, West Yorkshire LS28 6NL2
£138.5K09/220.42 mi3, Farsley Beck Mews, Leeds, West Yorkshire LS13 1FL2
£150K12/220.42 mi14, Farsley Beck Mews, Leeds, West Yorkshire LS13 1FL2
£250K10/200.54 mi7, Springbank Close, Farsley, Pudsey, West Yorkshire LS28 5TP2
£285K03/210.59 mi28, New Park Vale, Farsley, Pudsey, West Yorkshire LS28 5TY2
£110K04/240.62 mi7, Sun Street, Stanningley, Pudsey, West Yorkshire LS28 6DJ2
£139.9K08/230.62 mi1, Sun Street, Stanningley, Pudsey, West Yorkshire LS28 6DJ2
£60K01/230.62 mi53, Wellstone Avenue, Leeds, West Yorkshire LS13 4DY2
£140K10/200.64 mi43, Broom Mills Road, Farsley, Pudsey, West Yorkshire LS28 5GR2
£85K03/210.72 mi3, The Lanes, Pudsey, West Yorkshire LS28 7AQ2
£122.3K06/240.72 mi11, The Lanes, Pudsey, West Yorkshire LS28 7AQ2
£73.8K11/200.74 mi16, Britannia Mews, Pudsey, West Yorkshire LS28 9AS2
£120K09/220.74 mi26, Britannia Mews, Pudsey, West Yorkshire LS28 9AS2
£135K03/230.74 mi33, Britannia Mews, Pudsey, West Yorkshire LS28 9AS2
£82K01/210.76 mi53, Wellstone Garth, Leeds, West Yorkshire LS13 4EJ2
£162.5K07/230.76 mi15, Claremont Gardens, Farsley, Pudsey, West Yorkshire LS28 5BF2
£95.5K11/220.76 mi53, Wellstone Garth, Leeds, West Yorkshire LS13 4EJ2
£175K11/230.76 miApartment 1, West Royd Hall, New Street, Farsley, Pudsey, West Yorkshire LS28 5AS2
£150K04/230.77 mi8, Mount Pleasant Court, Pudsey, West Yorkshire LS28 7BS2
£100K04/230.79 mi21, Farrar Court, Leeds, West Yorkshire LS13 3SP2
£85K11/220.8 mi51, Wellstone Garth, Leeds, West Yorkshire LS13 4EJ2
£183.5K08/220.82 mi32, Pembroke Road, Pudsey, West Yorkshire LS28 7NE2
£64.9K04/210.88 mi23, Broadlands Place, Pudsey, West Yorkshire LS28 9GA2
£72.5K05/210.89 mi7, Broadlands Place, Pudsey, West Yorkshire LS28 9GA2
£69.3K06/210.89 mi3, Broadlands Place, Pudsey, West Yorkshire LS28 9GA2
£69K11/220.89 mi39, Broadlands Place, Pudsey, West Yorkshire LS28 9GA2
£125K02/210.89 mi37, Broadlands Gardens, Pudsey, West Yorkshire LS28 9GD2
£153K05/230.89 mi4, Broadlands Gardens, Pudsey, West Yorkshire LS28 9GD2
£160K02/230.91 mi2, Longfield Court, Pudsey, West Yorkshire LS28 7DG2

Local Rents

12 rents from £750/mo to £895/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89505/240.1 miStanningley Road, Stanningley, Pudsey2
£77505/240.26 miRoman Manor, 613 Stanningley Road, Leeds, LS13 4FA2
£87505/240.3 miNora Terrace, Leeds, West Yorkshire, UK, LS132
£89506/240.32 miNorth View Street, Stanningley, Pudsey, West Yorkshire, UK, LS282
£75005/240.37 miPavilion Close, Stanningley, Pudsey, West Yorkshire, LS282
£85005/240.49 miNew Park Croft, Farsley2
£89505/240.56 miNew Park Way, Farsley2
£75005/240.57 miTown Street, Stanningley2
£89505/240.59 miBroom Mills Road, Leeds2
£85006/240.61 miDawson Street, Leeds2
£79506/240.62 miFieldway Rise, Leeds, West Yorkshire2
£85003/250.62 mi-2

Local Area Statistics

Population in LS28

38,403

Population in Pudsey

38,405

Town centre distance

1.04 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £123,000

September 3, 2021

Description

  • Premium rents and strong yields +
  • Good proximity to Leeds City Centre +
  • Short walks away from Owlcotes Shopping Centre +
  • Easy access to both Leeds and Bradford Centre +

Due to open on its 100th anniversary, Pavilion Court will the see the full refurbishment of the original and much loved Pavilion Cinema in Leeds.
 
Enjoying a prominent location on Town Street, the stunning development will be made up of just 17 modern 1 and 2 bedroom apartments. Set to be popular with young professionals and young couples alike, the development will attract premium rents and strong yields due to the attractive purchase price and high specification level of finish.
 
Many apartments will benefit from secure designated parking and all will come fully managed and hassle free for owners if they choose.
 
Welcome to an opportunity to be one of the first to invest in this much anticipated project.Boasting a prominent location on Town Street in the popular Leeds suburb of Stanningley, Pavilion Court will see the much loved Pavilion Cinema refurbished into stunning high speciation apartments. Overlooking the historic St Thomas Church (built in 1840), owners can benefit from bars, restaurants and shops, all just a short walk away.
 
Originally built in 1920, the site was once home to a 644 seat cinema which ran for over half a century. Due to its proximity to Leeds City Centre, the area boasts multiple transport links. Nearby Bramley Station enjoys fast trains to Leeds Train Station (one of the busiest in the country) in less than 7 minutes.
 
The popular Owlcotes Shopping Centre, home to Marks & Spencer and an Asda Supercentre, is also a short walk away.

Agent Details

Aspen Woolf Ltd, Leeds

020 3834 8390

Next Steps?

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