6 Bed HMO, Leeds, LS4 2LZ £225,000

4 Beechwood Walk, Leeds, West Yorkshire, LS4 2LZ - 2 years ago
Sold STC
HMO
Planning
Negative Equity
Inside Article 4
ROI: 19%
~210 m²
Property image

ValuationUndervalued

Sold Prices£240K - £1.6M
Sold Prices/m²£1.6K/m² - £6.2K/m²

 

 

Square Metres

~209.59 m²
Price/m²£1.1K/m²

Value Estimate

£279,000
BMV24%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£14,450

Total Cash In

£70,700

 

 

Cash Out

 

Room Rate

£520

Gross Rent

£3,120

Running Costs/mo

£1,990

Cashflow/mo

£1,130

Cashflow/yr

£13,562

ROI

19%

Gross Yield

17%

Local Sold Prices

28 sold prices from £240K to £1.6M, average is £416.8K. £1.6K/m² to £6.2K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£330K03/250.09 mi18, Newport View, Headingley, Leeds LS6 3BX6
£330K03/250.09 mi18, Newport View, Headingley, Leeds LS6 3BX6
£375K10/230.12 mi11, Newport Gardens, Leeds, West Yorkshire LS6 3DA6
£449.3K03/230.43 mi14, St Anns Lane, Leeds, West Yorkshire LS4 2SE6
£285K11/240.48 mi7, Derwentwater Grove, Headingley, Leeds LS6 3EN6
£285K11/240.5 mi7, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN6
£385K12/220.52 mi39, Langdale Avenue, Leeds, West Yorkshire LS6 3HA6
£421.6K09/210.66 mi69, St Annes Road, Leeds, West Yorkshire LS6 3NY6
£350K08/250.7 mi95, St Annes Road, Headingley, Leeds LS6 3NZ6
£565K09/220.73 mi19, St Johns Terrace, Leeds, West Yorkshire LS3 1DY6
£562K11/230.73 mi50, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ6
£565K09/220.74 mi19, St Johns Terrace, Belle Vue Road, Woodhouse, Leeds LS3 1DY6
£850K07/230.82 mi9, Grove Lane, Leeds, West Yorkshire LS6 4AB6
£399.5K07/220.82 mi66, Becketts Park Drive, Leeds, West Yorkshire LS6 3PL6
£650K06/210.89 mi2, Claremont Drive, Leeds, West Yorkshire LS6 4ED6
£412K12/221.05 mi24, Clarkson View, Leeds, West Yorkshire LS6 2LB6
£325K04/251.07 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£325K04/251.07 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£331.2K05/211.1 mi25, Glossop Street, Leeds, West Yorkshire LS6 2LE6
£1.6M11/241.29 mi3 Oaks House, Beckside Gardens, Weetwood, Leeds LS16 5QZ6
£970K08/231.33 mi4, Ancaster Road, Leeds, West Yorkshire LS16 5HH6
£240K01/251.55 mi156, Stainbeck Road, Meanwood, Leeds LS7 2PP6
£785K08/211.74 mi26, North Parade, Leeds, West Yorkshire LS16 5AY6
£310K03/251.81 mi9, Hall Lane, Potternewton, Leeds LS7 3HE6
£775K03/251.87 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£775K03/251.87 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£975K05/211.89 miHayfield, Foxhill Court, Leeds, West Yorkshire LS16 5PL6
£480K06/211.89 mi3, Woodlea Drive, Meanwood, Leeds, West Yorkshire LS6 4SQ6

Local Area Statistics

Population in LS4

9,003

Population in Leeds

635,166

Town centre distance

1.28 miles away

Nearest school

0.30 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £225,000

December 19, 2024

Listed for £230,000

-30%

January 2, 2024

Sold for £299,995

2006

Sold for £153,000

2006

Sold for £70,000

2002

Sold for £44,500

1996

Floor Plans

Property image

Description

  • EPC-D Council Tax Band-A +
  • EPC-D +
  • Full double glazing +
  • Gas central heating combi boiler +
  • Back to Back Terrace +
  • Potential To Convert +
  • Bath/shower facilities: 2 +

Brilliant Family Home OR Investment Opportunity Ideal Parent Purchase Victorian Terraced Property 6 Double Bedrooms Over Four Stories Fantastic Location Council Tax Band A **

New to the market with Haus Sales and Lettings is this fantastic 6 bedroom property which has a number of possible uses.

If you’re looking to create your perfect family home, to add to your current portfolio or looking to start building a property portfolio, this house may be the one for you!

The house is spread over 4 storeys and briefly comprises of 6 double bedrooms, a good sized living room, kitchen and 2 bathrooms.

**Full Details:
**

Ground Floor

Lounge – This is a very spacious room with lots of potential. The front facing window offers sufficient light during the day. Heated by gas central heating radiator.

Kitchen – The galley style kitchen has a fitted kitchen with a range of matching base and wall units, work surfaces, space and plumbing for a washing machine. Integrated electric hob and oven with overhead extractor hood. Front facing UPVC double glazed window.

Basement

Bedroom 1 – Basement bedroom with sufficient space for a double bed and bedroom furniture. This room has a built in wardrobe and has gas central heating radiator. Front facing double glazed window.

Bedroom 2 – Basement double bedroom with front facing window with built in wardrobe. Gas central heating radiator.

Bathroom 1 – This bathroom consists of a toilet, hand basin and shower cubical with electric shower. Gas central heating radiator.

First Floor

Bedroom 3 – Light and airy double bedroom with front facing, double glazed window. Heating is provided by gas central heating radiator.

Bedroom 4 – Double bedroom with ample light from the double glazed window. Heating is provided by gas central heating radiator.

Bathroom 2 - This bathroom consists of a toilet, hand basin and corner spa bath and over bath shower. Gas central heating radiator.

Top Floor

Bedroom 5 - One of the larger bedrooms within the property. front facing dormer window (double glazed). Heating is provided by gas central heating radiator.

Bedroom 6 - Double bedroom with a large rear facing dormer window (Double glazed). Heating is provided by gas central heating radiator.

Set within a sought after area for students and professionals alike this property is likely to become a strong investment property with the required planning permission. In addition, the area is very popular for families as it is conveniently located within easy reach of local amenities, schools and public transport links into Leeds city centre.

There are many possibilities for this house, with the correct C4 planning permission and HMO license, you could let this property out to a group of 6 students or professional tenants, or you could consider turning the Basement into a 1 bed flat / bedsit and the upstairs into a spacious 2 bed with ensuites. Or perhaps this would make the perfect family home for you?

Please note there is currently no HMO License or C4 planning permission. The property has been occupied by a family member for the last 15 years and therefore there is no letting history.

This property is for sale with no onward chain.
(S)

Agent Details

Haus Sales & Lettings, Leeds

0113 519 3972

Next Steps?

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