5 Bed Terraced House, Refurb/BRRR, Leeds, LS12 3RW, £239,950

28 Edinburgh Road, Armley, Leeds, West Yorkshire, LS12 3RW - 3 views - 2 years ago

Refurb/BRRR
~222 m²
+23 photos

ValuationFair Value

Sold Prices£160K - £565K
Sold Prices/m²£1.3K/m² - £3.9K/m²

 

 

Square Metres

~221.62 m²
Price/m²£1.1K/m²

Value Estimate

£239,950

 

 

End Value (After Refurb)

£379,087

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£59,988

Stamp Duty & Legal Fees

£15,497

Refurb Costs

£87,695

Bridging Loan Interest

£6,299

Total Cash In

£171,227

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£379,087

Agent Fees (1%)

£3,791

Bridging Loan

£179,963

Bridging Loan Interest

£6,299

Flip Profit

£24,106

Local Sold Prices

45 sold prices from £160K to £565K, average is £314K. £1.3K/m² to £3.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£346K08/210.19 mi29, The Towers, Leeds, West Yorkshire LS12 3SQ5
£345K10/230.22 mi37, Armley Grange Walk, Armley, Leeds, West Yorkshire LS12 3QW5
£200K08/230.22 mi14, Barden Grove, Leeds, West Yorkshire LS12 3EH5
£385K07/220.36 mi8, Swallow Close, Armley, Leeds, West Yorkshire LS12 3LU5
£445K11/230.59 mi98, Blue Hill Lane, Leeds, West Yorkshire LS12 4NU5
£290K03/240.75 mi80, Green Hill Lane, Leeds, West Yorkshire LS12 4HG5
£190K10/200.86 mi22, Armley Grove Place, Leeds, West Yorkshire LS12 1PT5
£189.9K03/230.97 mi31, Haddon Road, Leeds, West Yorkshire LS4 2JE5
£380K02/211.08 miBeirnfels, Butt Lane, Leeds, West Yorkshire LS12 5BD5
£375K07/241.09 mi67, Kirkstall Avenue, Leeds, West Yorkshire LS5 3DW5
£290K10/211.12 mi22, St Anns Mount, Leeds, West Yorkshire LS4 2PH5
£160K09/231.12 mi3, Landseer Avenue, Leeds, West Yorkshire LS13 2RL5
£184K08/211.23 mi48, Highfield Close, Leeds, West Yorkshire LS12 4BB5
£344K12/201.25 mi59, Cardigan Lane, Leeds, West Yorkshire LS4 2LN5
£314K01/211.25 mi71, Cardigan Lane, Leeds, West Yorkshire LS4 2LN5
£314K01/211.25 mi71, Cardigan Lane, Leeds, West Yorkshire LS4 2LN5
£280K01/211.25 mi13, Victoria Road, Kirkstall, Leeds, West Yorkshire LS5 3JB5
£235K07/221.26 mi64, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£210K03/241.26 mi56, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£275K01/211.27 mi34, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£270K06/211.31 mi33, St Annes Drive, Leeds, West Yorkshire LS4 2SA5
£201K09/231.33 mi78, Harold Terrace, Leeds, West Yorkshire LS6 1LD5
£290K06/231.39 mi12, Newport View, Leeds, West Yorkshire LS6 3BX5
£270K08/211.43 mi2, Thornville Mount, Leeds, West Yorkshire LS6 1JX5
£242.5K07/241.46 mi18, Mayville Place, Leeds, West Yorkshire LS6 1NE5
£358K12/201.47 mi28, Chapel Lane, Leeds, West Yorkshire LS6 3BW5
£278K09/211.49 mi51, Bell Mount View, Leeds, West Yorkshire LS13 2JD5
£385K04/211.51 mi21, Rochester Terrace, Leeds, West Yorkshire LS6 3DF5
£463.3K10/221.54 mi20, Estcourt Avenue, Leeds, West Yorkshire LS6 3ES5
£275K08/231.56 mi4, Warrels Terrace, Leeds, West Yorkshire LS13 3NW5
£445K09/231.6 mi6, Victoria Terrace, Leeds, West Yorkshire LS3 1BX5
£270K05/231.61 mi85, Westover Road, Leeds, West Yorkshire LS13 3PB5
£350K11/231.62 mi86, Westover Road, Leeds, West Yorkshire LS13 3PG5
£328K03/241.63 mi25, Welton Grove, Leeds, West Yorkshire LS6 1ES5
£415K06/211.65 mi1, Lodge Hill Walk, Leeds, West Yorkshire LS12 5TP5
£470K12/201.66 mi31, Troydale Park, Pudsey, West Yorkshire LS28 9LZ5
£440.1K09/231.67 mi74, St Michaels Road, Leeds, West Yorkshire LS6 3BG5
£450K04/221.7 mi128, Swinnow Road, Leeds, West Yorkshire LS13 4NX5
£310K10/231.75 mi11, Grimthorpe Street, Leeds, West Yorkshire LS6 3JU5
£470K06/211.81 mi37, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PH5
£356K05/211.83 mi40, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ5
£263K12/221.92 mi52, Whitecote Hill, Leeds, West Yorkshire LS13 2HU5
£565K10/231.93 mi36, Vesper Road, Leeds, West Yorkshire LS5 3NX5
£545K02/211.97 mi7, Post Hill Gardens, Pudsey, West Yorkshire LS28 9GY5
£435K02/211.97 mi11, Post Hill View, Pudsey, West Yorkshire LS28 9GW5

Local Rents

40 rents from £750/mo to £2.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£82505/240.05 mi8 Edinburgh Terrace, LS12 3RH3
£82505/240.05 mi8 Edinburgh Terrace, LS12 3RH3
£1,20004/250.06 mi-3
£95005/240.07 miAberdeen Walk, Armley, Leeds, LS124
£95005/240.11 mi-3
£89505/240.13 miMoorfield Avenue, Leeds, West Yorkshire, LS123
£92502/250.13 mi-3
£92505/240.14 miArmley Ridge Road, Leeds, West Yorkshire, LS123
£1,10002/250.15 mi-3
£99502/250.15 mi-3
£1,35005/240.15 miHalliday Avenue, Leeds, West Yorkshire, LS123
£85006/240.16 miPark Mount, Armley , Leeds3
£1,40003/250.19 mi-4
£2,59501/250.21 mi-3
£90005/240.22 miBarden Mount, Leeds, West Yorkshire, LS123
£1,59505/240.23 mi60 Armley Grange Avenue, Leeds, LS12 3QN5
£2,00006/240.24 miArmley Grange Rise, Leeds, LS124
£1,65006/240.24 miArmley Grange Rise, Leeds, LS124
£1,65012/240.24 mi-4
£90003/250.24 mi-3
£1,15005/240.26 miChrist Church Road, Armley, Leeds, LS124
£1,10005/240.27 miCongress Mount, Armley, Leeds3
£75005/240.27 miConference Place, Leeds, West Yorkshire, UK, LS123
£95012/240.28 mi-4
£1,59002/250.3 mi-4
£1,20012/240.32 mi-3
£92005/240.4 miEyres Mill Side, Leeds, West Yorkshire, LS123
£1,15005/240.41 mi-3
£1,15005/240.41 miStanningley Road, West Yorkshire, LS123
£89505/240.47 miSwallow Avenue, Leeds, LS123
£85001/240.52 mi-3
£99512/240.53 mi-3
£90002/250.53 mi-3
£1,30012/240.53 mi-4
£90005/240.53 miCecil Mount, Leeds, LS123
£1,80005/240.54 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS123
£1,20001/250.56 mi-3
£1,10005/240.57 miLeeds, LS124
£1,15006/240.59 mi-4
£90005/240.62 miChapel Lane, Armley, Leeds, LS123

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.91 miles away

Nearest school

0.20 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £239,950

September 27, 2023

Floor Plans

Description

  • REDUCED Five Bedroom Victorian Terrace +
  • Many Original Features +
  • Spacious Rooms over Four Floors +
  • Wet Room & Bathroom +
  • Disabled Access (Lift, Hoist, Wet Room) +
  • Modernisation & Updating Required +
  • Large Cellar Rooms +
  • Potential For Conversion / Restoration +
  • Popular Location +
  • EPC Rating: D +

THIS LARGE PROPERTY HAS BEEN REDUCED TO SELL AND COMES CHAIN FREE !!!
CALL US ASAP TO VIEW..

, A spacious FIVE BEDROOM VICTORIAN TERRACE situated amidst similar style property in a popular residential area of Armley close to local amenities, well regarded schools, and transport links to surrounding areas. Although this property would benefit from MODERNISATION and UPDATING it does have the benefit of gas central heating, the majority of the windows are double glazed, and there are many original features throughout. An ideal purchase as a large family home or for a developer / landlord to covert.

The property has been adapted for disabled access and has an electric passenger lift from street level to the entrance door, a further passenger lift from the dining kitchen to the second bedroom, and hoist tracks allowing movement through bedroom two into the wet room / shower room.

Briefly throughout and to the ground floor, there is a HALLWAY with an original tiled floor and an imposing staircase rising to the first floor, a large LIVING ROOM, a DINING KITCHEN, and a REAR HALLWAY with access to the yard. The BASEMENT has a hallway / landing, TWO LARGE ROOMS with Yorkshire flagged floors (one of which has a feature fireplace and hearth with a stove), and a UTILITY ROOM with a range of fitted cabinets, a cooker point and plumbing for an automatic washing machine. To the first floor there are TWO DOUBLE BEDROOMS, a further SINGLE BEDROOM, and a WET ROOM / WC with a good sized shower area. To the second floor there are TWO DOUBLE BEDROOMS and a BATHROOM / WC with a white suite and a shower over the bath.

Externally there is a small GARDEN AREA to the front and an enclosed YARD area to the rear.

Photographs alone do not do this property the justice it deserves; early internal viewing is highly recommended to fully appreciate the benefits and potential that this property has to offer. Viewings can be arranged by contacting the office.

EPC Rating: D

Ground Floor: -

Hallway: - Access via a part glazed front entrance door, original 'fan light' stained glass window, stairs rising to the first floor, original tiled floor, ceiling coving & plasterwork, access to the cellars

Living Room: - Double glazed bay window overlooking the front garden, laminated flooring, two central heating radiators, television point, ceiling coving & plasterwork

Dining Kitchen: - Double glazed window, a range of fitted wall & base cabinets, work surfaces, stainless steel inset sink and drainer, cooker point, plumbing for an automatic washing machine, ample space for dining room furniture, central heating radiator, feature fire surround, an internal passenger lift giving access to bedroom two

Rear Hallway: - An external door giving access to the rear yard

Basement: -

Basement Hallway / Landing: - Access to the basement rooms, storage cupboard

Room One: - Original Yorkshire stone flagged floor, central heating radiator, window, semi open plan to room two

Room Two: - An external door giving access to the rear yard, original Yorkshire stone flagged floor, original fireplace and hearth with a stove

Utility Room: - Fitted wall and base units, work surfaces, cooker point, plumbing for an automatic washing machine

First Floor: -

Landing: - Access to the first floor accommodation, stairs rising to the second floor

Bedroom One: - A large double bedroom: double glazed window, central heating radiator, laminated flooring

Bedroom Two: - Double bedroom; double glazed window, central heating radiator, an internal passenger lift giving access to the dining kitchen, ceiling hoists giving access to bedroom areas and the wet room

Wet Room / Shower Room & Wc: - Double glazed window, shower area, low flush WC, wash basin, central heating radiator, ceiling hoists giving access to the bedroom and wet room area

Bedroom Five: - Double glazed window, central heating radiator; a useful fifth bedroom / home office / study

Second Floor: -

Landing: - Access to the second floor accommodation

Bedroom Three: - Double bedroom: Velux window, storage to the eaves, central heating radiator

Bedroom Four: - Double bedroom: Velux window, storage to the eaves, central heating radiator

Bathroom / Wc: - Skylight wndow, a white suite comprising of a panelled bath with shower mixer taps and a glazed side scree, low flush WC, wash basin, central heating radiator

To The Outside: -

Garden: - The front garden is enclosed by a low wall with wrought iron railings, steps and a passenger lift give access to the front door. To the rear there is a yard area

Epc Link: -

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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