2 Bed Flat, Single Let, Leeds, LS12 5NP, £122,500

Whitehall Road, Lower Wortley, LS12 5NP - 1 views - a year ago

Leasehold
BTL
ROI: 8%
~60 m²
+7 photos

ValuationOvervalued

Sold Prices£58K - £158K
Sold Prices/m²£982/m² - £2.6K/m²

 

 

Square Metres

~60 m²
Price/m²£2K/m²

Value Estimate

£113,709

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,625

Stamp Duty & Legal Fees

£4,875

Total Cash In

£35,500

 

 

Cash Out

 

Rent Range

£675 - £1,250

Rent Estimate

£795

Running Costs/mo

£562

Cashflow/mo

£233

Cashflow/yr

£2,798

ROI

8%

Gross Yield

8%

Local Sold Prices

40 sold prices from £58K to £158K, average is £95K. £982/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£93K09/230.02 mi31, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K10/200.02 mi19, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£85K03/230.02 mi12, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K12/210.02 mi4, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£88K02/240.02 mi42, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K09/230.02 mi20, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£84K11/220.02 mi30, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K12/220.02 mi32, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£100K01/230.04 mi33, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£98K03/210.04 mi75, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£89K03/210.04 mi17, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£95K12/200.04 mi12, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£99K01/230.04 mi12, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£90K01/240.05 mi11, Whitehall Drive, Leeds, West Yorkshire LS12 5LW2
£75K12/230.06 mi320, Whitehall Road, Leeds, West Yorkshire LS12 5NP2
£92.5K11/210.06 mi342, Whitehall Road, Leeds, West Yorkshire LS12 5NP2
£90K11/220.17 mi21, Branch Road, Lower Wortley, Leeds, West Yorkshire LS12 5NR2
£120K08/230.18 mi22, Iron Stone Drive, Leeds, West Yorkshire LS12 6LF2
£158K10/220.18 mi18, Iron Stone Drive, Leeds, West Yorkshire LS12 6LF2
£85K10/230.19 mi45, Cow Close Road, Leeds, West Yorkshire LS12 5NU2
£130K07/210.2 mi89, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE2
£124K04/210.38 mi25, Rutland Court, Leeds, West Yorkshire LS12 6BU2
£90K10/210.49 mi19, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£58K03/230.49 mi16, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£60K09/220.77 mi17, Hardrow Road, Leeds, West Yorkshire LS12 4BX2
£116.3K09/230.77 mi18, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£112K01/230.77 mi14, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£106.4K01/210.77 mi26, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£116K09/230.77 mi36, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£108K11/220.78 mi38, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£65K04/230.79 mi14, Thornhill Place, Leeds, West Yorkshire LS12 4LQ2
£110K09/230.8 mi25, Blue Hill Lane, Leeds, West Yorkshire LS12 4WD2
£70K06/230.81 mi2, Privilege Street, Leeds, West Yorkshire LS12 4LN2
£120K06/230.91 mi22, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£97.5K03/210.91 mi26, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£120K11/230.91 mi24, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£105K12/220.92 mi19, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£114K11/220.93 mi17, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£96.5K08/210.96 mi26, Tavistock Park, Leeds, West Yorkshire LS12 4DD2
£95K10/210.96 mi8, Tavistock Park, Leeds, West Yorkshire LS12 4DD2

Local Rents

19 rents from £675/mo to £1.3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£79505/240.01 miWhitehall Road, Lower Wortley2
£70005/240.04 miWhitehall Green, Leeds, West Yorkshire2
£75005/240.05 miWhitehall Drive, Leeds, West Yorkshire2
£67505/240.1 miWhitehall Road, Farnley, Leeds2
£75006/240.15 miBangor Street, Lower Wortley, Leeds, LS12 5PN2
£82505/240.16 miLytham Place, Leeds2
£69505/240.23 miSteel Green, New Farnley, Leeds2
£1,25005/240.26 miFawcett Lane, Leeds2
£1,10002/250.27 mi-2
£80002/250.28 mi-2
£1,10006/240.29 miE Cliff House, 8 Cliff Oaks, Fawcett Lane, Leeds, West Yorkshire2
£90003/250.33 mi-2
£75006/240.36 miWestern Mount, Leeds, LS12 4SU2
£1,15003/250.37 mi-2
£75005/240.44 miWhitstable Mews, Lower Wortley, Leeds, LS122
£82505/240.46 miLower Wortley Road, Wortley, Leeds2
£89505/240.53 miScott Chase, Leeds, LS122
£89503/240.53 miScott Chase, Leeds, LS122
£1,00012/240.54 mi-2

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.27 miles away

Nearest school

0.10 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £122,500

February 28, 2024

Sold for £125,000

2006

Floor Plans

Description

  • Second floor apartment +
  • Two double bedrooms +
  • Two bathrooms +
  • Separate Kitchen / Diner +
  • Parking +
  • Tenanted until November 2024 +
  • Leasehold: 125 years from 2005 +
  • Ground rent £270 pa +
  • EPC Rating D +
  • Council tax band B +

Great sized second floor apartment just a 10 minute drive from Leeds city centre. The apartment is larger than average for the development with Two Double Bedrooms, Two Bathrooms, Separate Kitchen / diner and Living room. Off road parking.  

LEASEHOLD INFORMATION Lease term: 125 years from 1st September 2005
Ground rent £270 pa
Service charge £1281.42 pa 

INVESTMENT INFORMATION The property is currently tenanted at £795 pcm. Rented unfurnished.
The current fixed term is until the end of November 2024 

THE PROPERTY The property comprises; Hallway with entry phone system, storage cupboard housing the hot water cylinder, carpeted living room.

Separate kitchen with modern fitted units, electric oven & hob, fridge / freezer and plenty of cupboard space.

Tow double bedrooms the first having fitted wardrobes with en-suite shower room. Second double bedroom.

Bathroom is partly tiled with shower over bath.

Unallocated parking

Agent Details

Martin & Co, Leeds City

0113 519 4933

Next Steps?

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