2 Bed Flat, Single Let, Leeds, LS12 3DH, £99,950

211 Winker Green Mills, Eyres Mill Side, Armley, Leeds, LS12 3DH - 4 views - 2 years ago

Sold STC

Leasehold

BTL

ROI: 8%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£58K - £173K
Sold Prices/m²	£982/m² - £2.8K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£119,940£119,940
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£24,988£24,988
Stamp Duty & Legal Fees	£4,199£4,199
Total Cash In	£29,186£29,186

Cash Out
Rent Range	£650 - £3,575£650 - £3,575
Rent Estimate	£650
Running Costs/mo	£462£462
Cashflow/mo	£188£188
Cashflow/yr	£2,252£2,252
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

30 sold prices from £58K to £173K, average is £112.5K. £982/m² to £2.8K/m², average is £2.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£70K	06/23	0.4 mi	2, Privilege Street, Leeds, West Yorkshire LS12 4LN	-	-	2	Flat
£65K	04/23	0.42 mi	14, Thornhill Place, Leeds, West Yorkshire LS12 4LQ	£982	66	2	Flat
£108K	11/22	0.47 mi	38, Saxstead Rise, Leeds, West Yorkshire LS12 4ND	-	-	2	Flat
£116.3K	09/23	0.48 mi	18, Saxstead Rise, Leeds, West Yorkshire LS12 4ND	£2,114	55	2	Flat
£112K	01/23	0.48 mi	14, Saxstead Rise, Leeds, West Yorkshire LS12 4ND	£2,059	54	2	Flat
£106.4K	01/21	0.48 mi	26, Saxstead Rise, Leeds, West Yorkshire LS12 4ND	£1,970	54	2	Flat
£116K	09/23	0.48 mi	36, Saxstead Rise, Leeds, West Yorkshire LS12 4ND	£2,109	55	2	Flat
£83K	11/20	0.54 mi	10, Masham Grove, Leeds, West Yorkshire LS12 1QT	£1,482	56	2	Flat
£110K	09/23	0.65 mi	25, Blue Hill Lane, Leeds, West Yorkshire LS12 4WD	£2,037	54	2	Flat
£105K	12/22	0.65 mi	19, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ	£1,872	56	2	Flat
£114K	11/22	0.65 mi	17, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ	-	-	2	Flat
£96.5K	08/21	0.73 mi	26, Tavistock Park, Leeds, West Yorkshire LS12 4DD	£1,879	51	2	Flat
£95K	10/21	0.73 mi	8, Tavistock Park, Leeds, West Yorkshire LS12 4DD	£1,656	57	2	Flat
£120K	06/23	0.75 mi	22, Tavistock Close, Leeds, West Yorkshire LS12 4DJ	£2,264	53	2	Flat
£97.5K	03/21	0.75 mi	26, Tavistock Close, Leeds, West Yorkshire LS12 4DJ	£1,912	51	2	Flat
£120K	11/23	0.75 mi	24, Tavistock Close, Leeds, West Yorkshire LS12 4DJ	£2,324	52	2	Flat
£60K	09/22	0.82 mi	17, Hardrow Road, Leeds, West Yorkshire LS12 4BX	-	-	2	Flat
£90K	10/21	0.88 mi	19, Langton Green, Leeds, West Yorkshire LS12 4EJ	£1,216	74	2	Flat
£58K	03/23	0.88 mi	16, Langton Green, Leeds, West Yorkshire LS12 4EJ	-	-	2	Flat
£173K	07/24	0.9 mi	55a, Cardigan Lane, Leeds, West Yorkshire LS4 2LE	£2,808	62	2	Flat
£169.9K	06/22	0.93 mi	26, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,698	63	2	Flat
£167.5K	04/23	0.93 mi	37, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,617	64	2	Flat
£155K	01/21	0.93 mi	14, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,385	65	2	Flat
£145K	03/21	0.93 mi	35, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,101	69	2	Flat
£160K	06/22	0.94 mi	8, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,759	58	2	Flat
£116.8K	03/22	0.94 mi	6, Abbots Mews, Leeds, West Yorkshire LS4 2AB	£2,124	55	2	Flat
£127K	08/22	0.95 mi	14, Knowle Mount, Leeds, West Yorkshire LS4 2PP	£2,524	50	2	Flat
£125K	07/22	0.95 mi	30, The Village Street, Leeds, West Yorkshire LS4 2PR	£2,404	52	2	Flat
£95K	08/22	0.96 mi	32, The Village Street, Leeds, West Yorkshire LS4 2PR	£1,816	52	2	Flat
£113K	02/24	0.97 mi	28, Knowle Mount, Leeds, West Yorkshire LS4 2PP	£2,211	51	2	Flat

Local Rents

50 rents from £650/mo to £3.6K/mo, average is £813/mo.

Rent	Date	Distance	Address	Beds	Type
£825	05/24	0.03 mi	Winker Green Mills, Stanningley Road	2	Flat
£800	02/25	0.04 mi	-	2	Flat
£825	05/24	0.04 mi	Winker Green, Stanningley Road	2	Flat
£950	01/25	0.04 mi	-	2	Flat
£650	02/24	0.07 mi	-	2	Flat
£850	12/24	0.09 mi	-	2	Flat
£795	02/25	0.09 mi	-	2	Flat
£845	03/25	0.09 mi	-	2	Terraced House
£845	12/24	0.09 mi	-	2	Terraced House
£875	05/24	0.15 mi	Pasture View, Leeds, West Yorkshire, LS12	2	Terraced House
£795	05/24	0.16 mi	Pasture View, Leeds, West Yorkshire	2	Terraced House
£850	02/25	0.19 mi	-	2	Flat
£850	05/24	0.19 mi	Hall Road, Leeds, West Yorkshire, LS12	2	Flat
£795	05/24	0.21 mi	Paisley Grove, Leeds, West Yorkshire, LS12	2	Flat
£750	01/24	0.21 mi	-	2	Flat
£850	03/24	0.21 mi	Athlone Grove, Leeds, West Yorkshire, LS12	2	Flat
£795	05/24	0.21 mi	Athlone Grove, Leeds, West Yorkshire, LS12	2	Flat
£850	05/24	0.21 mi	Athlone Grove, Leeds, West Yorkshire, LS12	2	Flat
£895	02/25	0.22 mi	-	2	Terraced House
£795	06/24	0.23 mi	Salisbury Road, Leeds, LS12	2	Terraced House
£795	05/24	0.24 mi	Armley Road, Flat 1, Leeds, West Yorkshire, LS12	2	Flat
£795	05/24	0.24 mi	Armley Road, Leeds, West Yorkshire, LS12	2	Terraced House
£750	05/24	0.24 mi	Laurel Grove, Armley	2	Flat
£845	05/24	0.25 mi	Christ Church Avenue, Leeds, West Yorkshire, LS12	2	Terraced House
£900	12/24	0.25 mi	-	2	Flat
£950	02/25	0.25 mi	-	2	Terraced House
£695	05/24	0.25 mi	Chichester Street, Armley, Leeds	2	House
£695	05/24	0.25 mi	Chichester Street, Armley, Leeds	2	House
£650	05/24	0.26 mi	Cedar Street, Armley, Leeds	2	Terraced House
£725	05/24	0.27 mi	Paisley Place, Armley, Leeds, LS12	2	Terraced House
£850	03/24	0.27 mi	Paisley Terrace, Leeds, West Yorkshire, LS12	2	Terraced House
£725	03/24	0.28 mi	Oban Place, Armley, Leeds, LS12	2	Terraced House
£775	02/25	0.28 mi	-	2	Terraced House
£3,575	05/24	0.29 mi	Armley Road, Leeds, West Yorkshire, LS12	2	Flat
£900	01/25	0.29 mi	-	2	Terraced House
£900	01/25	0.29 mi	-	2	Terraced House
£1,800	05/24	0.29 mi	-	2	Terraced House
£1,800	12/24	0.29 mi	-	2	Terraced House
£1,800	12/24	0.29 mi	-	2	Terraced House
£725	05/24	0.29 mi	Nancroft Mount, Leeds, West Yorkshire	2	Terraced House
£775	06/24	0.3 mi	Paisley Street, Armley, Leeds, LS12	2	House
£725	05/24	0.3 mi	Paisley Street, Armley, Leeds, LS12	2	Terraced House
£850	06/24	0.31 mi	Greenock Place, Leeds, West Yorkshire, LS12	2	Terraced House
£650	05/24	0.31 mi	Aviary Place, Leeds	2	Flat
£1,060	05/24	0.31 mi	Wortley Road, Leeds, West Yorkshire, LS12	2	Flat
£775	01/24	0.31 mi	-	2	Terraced House
£750	12/24	0.32 mi	-	2	Terraced House
£795	05/24	0.32 mi	Greenock Street, Armley, Leeds, LS12	2	Terraced House
£825	06/24	0.34 mi	Nancroft Terrace, Armley, Leeds, LS12	2	Terraced House
£775	05/24	0.34 mi	Nancroft Mount, Armley, Leeds, West Yorkshire, LS12	2	Terraced House

Local Area Statistics

Population in LS12	40,73640,736
Population in Leeds	635,166635,166
Town centre distance	1.51 miles away1.51 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.11 miles away1.11 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+42%+42%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+39%+39%

Property History

Listed for £99,950

March 20, 2023

Floor Plans

Description

2 Bedroom Apartment +
Great Location +
Well Presented +
Allocated Parking +
EPC - D +

STUNNING 2 BEDROOM DUPLEX ! ... Stoneacre Properties are delighted to offer for sale a stunning one bedroom with Study / walk in wardrobe, third floor apartment located in the sought after Winker Green development in Armley. The apartment has been fully furnished to a very high standard and boasts views over the mill pond and park land. ONE DOUBLE BEDROOM, ONE SINGLE BEDROOM / WALK IN WARDROBE.

Reception Room - Lounge open to the kitchen

Kitchen - Kitchen made up of wall and base units and comprises oven, hob with extractor above, plumbing for washing machine and space for fridge/freezer

Bathroom - Modern bathroom with shower over bath, toilet and sink.

Bedroom One - Double bedroom

Bedroom Two - Single bedroom.

Lease - We are advised by the vendor that the property is leasehold with a term of 125 years commencing 2008. The current service charge is approximately £1475.76 per annum and the ground rent is £175 per annum, A buyer is advised to obtain verification from their solicitor or legal advisor.

Agent Details

Stoneacre Properties, Chapel Allerton

0113 519 3709

Next Steps?

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