3 Bed Flat, Single Let, Leeds, LS9 8BF, £150,000

Apartment G, East Point, East Street, Leeds, LS9 8BF - a year ago

Leasehold
Auction
BTL
ROI: 7%
~102 m²
+10 photos

ValuationUndervalued

Sold Prices£75K - £305K
Sold Prices/m²£818/m² - £3.8K/m²

 

 

Square Metres

~101.64 m²
Price/m²£1.5K/m²

Value Estimate

£183,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£959

Running Costs/mo

£681

Cashflow/mo

£278

Cashflow/yr

£3,341

ROI

7%

Gross Yield

8%

Local Sold Prices

22 sold prices from £75K to £305K, average is £186K. £818/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£230K10/220.49 mi45a, Mabgate, Leeds, West Yorkshire LS9 7DB3
£180K10/230.61 mi105, Pontefract Lane, Leeds, West Yorkshire LS9 9HW3
£157.8K03/211.24 mi17, Marlborough Grange, Leeds, West Yorkshire LS1 4PF3
£187K09/212.47 miFlat 13, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ3
£265K11/202.49 mi10, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£87K07/232.51 mi14, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£75K07/232.51 mi12, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£187.5K11/232.53 mi19, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB3
£185K03/242.53 mi8, Oakwood Court, Leeds, West Yorkshire LS8 2PQ3
£155K08/212.54 mi6, Newton Court, Leeds, West Yorkshire LS8 2PH3
£176K04/232.54 mi27, Newton Court, Leeds, West Yorkshire LS8 2PH3
£210K11/222.55 mi15, Newton Court, Leeds, West Yorkshire LS8 2PH3
£185K12/222.56 mi11, Newton Court, Leeds, West Yorkshire LS8 2PH3
£290K05/212.56 mi3 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD3
£212.5K03/232.59 mi41, Barnbrough Street, Leeds, West Yorkshire LS4 2QY3
£305K10/222.6 miApartment 8, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ3
£122K06/212.83 mi34, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN3
£158K12/212.87 mi8, Castle Lodge Square, Rothwell, Leeds, West Yorkshire LS26 0ZG3
£161K04/212.95 mi3, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£193K01/212.95 mi58, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£280K12/202.96 mi14, Rokeby Gardens, Leeds, West Yorkshire LS6 3JZ3
£200K06/232.98 mi40, Park Edge Close, Leeds, West Yorkshire LS8 2LP3

Local Rents

45 rents from £850/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,10012/240 mi-3
£1,25005/240 miG01 East Point3
£1,25005/240 miEast Point, East Street, Leeds, LS93
£1,50005/240.11 miTurlow Court3
£1,20005/240.21 miRichmond Hill Close, Leeds3
£1,87005/240.24 miSt Cecila Street, Leeds3
£1,87005/240.24 miSt Cecila Street, Leeds3
£1,88503/240.26 miCromwell Court, Brewery Wharf, Leeds, UK, LS103
£1,17505/240.33 miSpring Close Avenue, LEEDS3
£1,87005/240.33 miSt Cecilia Street , Leeds, West Yorkshire, LS23
£1,87005/240.33 miSt Cecilia Street , Leeds, West Yorkshire, LS23
£1,81012/240.33 miSoyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS23
£1,86012/240.33 miSoyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS23
£1,80012/240.35 mi-3
£2,53012/240.37 miNew York Square, Quarry Hill3
£1,50005/240.38 miEasy Road, Richmond Hill, Leeds, West Yorkshire, LS93
£1,75005/240.38 miSimpsons Fold West, 22 Dock Street, Leeds City Centre, LS103
£2,48505/240.39 miNew York Square, Quarry Hill, Leeds LS23
£2,53005/240.39 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT3
£2,53012/240.39 miNew York Square, Quarry Hill, Leeds LS23
£2,53012/240.39 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT3
£2,43505/240.39 miNew York Square, Leeds, LS23
£3,03505/240.4 miNew York Square, Leeds, LS23
£2,53012/240.4 miNew York Square, Leeds, LS23
£2,75505/240.4 miNew York Square, Leeds, LS23
£2,98005/240.4 miNew York Square, Leeds, LS23
£3,03512/240.4 miNew York Square, Leeds, LS23
£2,98012/240.4 miNew York Square, Leeds, LS23
£1,00005/240.41 miHall Place, Leeds, West Yorkshire, LS93
£99502/250.42 mi-3
£2,35005/240.43 mi-3
£2,35005/240.43 miWaterloo Street, Leeds, LS103
£1,10002/250.44 mi-3
£90001/240.47 mi-3
£3,50005/240.51 mi-3
£1,70005/240.54 miBlayds Yard, Lower Briggate,Leeds3
£1,25012/240.55 mi-3
£1,30012/240.57 mi-3
£1,10002/250.58 mi-3
£85005/240.6 miGlensdale Street, Leeds3
£1,09503/250.6 mi-3
£2,50012/240.61 mi-3
£2,30012/240.61 mi-3
£2,10005/240.62 miCrispin Lofts, New York Road, Leeds, West Yorkshire, LS23
£2,50005/240.62 miLower Brunswick Street, Leeds, LS2 3

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £150,000

January 31, 2025

Price changed to £155,000

September 26, 2024

Listed for £180,000

February 15, 2024

Floor Plans

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £155,000

Superb 1100sq ft 3 bed ground floor flat in Leeds city centre.

East Point, Leeds City Centre

Situated on the fringe of the town centre in very desirable location, this spacious and modern 3-bed ground floor flat offers a fantastic modern space to make the most of city centre living, with a large roof terrace for the tenants of East Point to enjoy.

Internal features
The flat comprises of a sizeable entrance hall which leads off to two storage cupboards and a full-size modern bathroom. All three double bedrooms are a great size, with the largest benefitting from an ensuite.

There is a modern kitchen with all the mod cons and an open plan living area flooded with natural light from large windows spanning the full width of the room.

This particular flat offers almost 1100sq ft of living space which is considerably larger than other apartments in the same building.

External features
There is a communal terrace on the roof of the building that the tenants of East Point can use at their leisure. There is no private parking with the flat however there is on street parking on the road immediately behind the building.

Surrounding area
East Point is perfectly located on the outskirts of the centre, away from the hustle and bustle but just a short walk away from all the great amenities Leeds offers. As the city expands there are even more great spots popping up in the immediate area, with a host of great bars, coffee shops and pubs just a few seconds walk away.

Council Tax Band: E
Tenure: Leasehold (241 years)
Ground Rent: £335.57 per year
Service Charge: £3,100 per year

Agent Details

Propertynest, Covering UK

0113 519 4761

Next Steps?

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