2 Bed Flat, Single Let, Leeds, LS7 4HP, £185,000

V2 Mansions, Leeds, LS7 4HP - 2 views - a year ago

Sold STC
Leasehold
BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£77K - £375K
Sold Prices/m²£1.5K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£169,161

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£775 - £1,495

Rent Estimate

£775

Running Costs/mo

£753

Cashflow/mo

£22

Cashflow/yr

£263

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £77K to £375K, average is £154K. £1.5K/m² to £8.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140.3K03/230.2 mi53, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£130.5K09/210.2 mi30, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£125K12/200.2 mi12, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£107.5K10/230.2 mi37, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£138.5K04/240.2 mi13, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£115.5K04/210.2 mi19, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£140K09/210.2 mi38, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£321K01/230.25 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£200K12/200.35 mi20, Teale Court, Leeds, West Yorkshire LS7 4AY2
£190K03/210.37 mi1, Oldfield Court, Leeds, West Yorkshire LS7 4SZ2
£210K02/230.38 mi6, Teale Drive, Leeds, West Yorkshire LS7 4SW2
£180K06/230.4 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£190.1K03/210.41 mi50, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£205K03/230.41 mi32, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£195K01/210.41 mi34, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£188K09/210.41 mi59, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£135K03/230.5 mi8, Mount Pleasant Gardens, Leeds, West Yorkshire LS8 4EH2
£97.5K07/230.64 mi31, Potternewton Heights, Leeds, West Yorkshire LS7 3DD2
£210K05/230.67 miFlat 3, Ivy Court, Church Lane, Chapel Allerton, Leeds, West Yorkshire LS7 4LY2
£77K04/210.69 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£205K01/240.72 mi14, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£255K09/220.72 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£165.5K04/210.73 mi2, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£170.1K02/210.73 mi6, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£105K03/210.74 miFlat 6, Well House Court, Well House Road, Leeds, West Yorkshire LS8 4BS2
£151K10/200.74 mi10, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£190K09/220.74 miFlat 6, The Coach House Chapel Allerton Hall, King George Avenue, Chapel Allerton, Leeds, West Yorkshire LS7 4NP2
£132.5K11/230.75 mi12, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£130K08/230.75 mi20, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£129K02/210.75 mi2, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£115K01/230.77 mi4, Conway Mount, Leeds, West Yorkshire LS8 5HZ2
£171K10/230.78 mi20, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£137.9K01/210.78 mi9, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£140K09/210.81 mi46, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£150.5K02/210.81 mi10, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£155K12/200.81 mi6, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£153K03/230.81 mi66, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£112K02/230.82 mi20, Eltham Gardens, Leeds, West Yorkshire LS6 2TX2
£100K08/210.86 mi4, King Edwins Court, Leeds, West Yorkshire LS8 4DA2
£375K06/230.9 miFlat 10, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£300K11/200.9 miFlat 9, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£250K01/240.9 miFlat 17, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£115K12/220.9 mi35, Carlton Rise, Leeds, West Yorkshire LS7 1HH2
£235K03/210.94 miApartment 9, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£270K05/230.94 miApartment 17, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£229.9K07/230.94 mi36, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£170K08/210.94 mi29, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£190K02/230.94 mi40, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£139K06/210.96 mi4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£139K10/220.96 miFlat, 4, Holborn Street, Leeds, West Yorkshire LS6 2QP2

Local Rents

50 rents from £775/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£95005/240 miV2 Mansions, Chapeltown Road2
£98005/240 miV2 Mansions , Chapeltown Road2
£1,00005/240 miChapeltown Road, LEEDS2
£85001/250.04 mi-2
£1,10006/240.16 miNewton Road, Leeds, West Yorkshire, LS72
£85005/240.16 mi-2
£85002/240.17 mi-2
£1,39012/240.2 mi-2
£85003/250.2 mi-2
£85005/240.2 mi-2
£85005/240.2 miNewton Park Court, Leeds, LS72
£85005/240.25 miNewton Park Court, Leeds, West Yorkshire, UK, LS72
£1,15004/250.25 mi-2
£90002/250.26 mi-2
£90004/250.31 miChestnut Court, Harehills Lane, Leeds2
£1,07504/250.32 mi-2
£1,10005/240.32 miMansion View, Chapel Allerton, LS72
£1,35005/240.32 miHollybank Apartments, Chapel Allerton, Leeds2
£1,35005/240.34 miChapeltown Road, Leeds, West Yorkshire, LS72
£1,12505/240.34 miHarehills Lane, Leeds, West Yorkshire, LS72
£95005/240.34 miNewton Hill Court, Chapeltown Road, Chapel Allerton, Leeds, LS72
£90005/240.34 miHares Terrace, Leeds, West Yorkshire, LS82
£1,00001/250.38 mi-2
£85005/240.4 miGarmont Road, Chapel Allerton, Leeds, LS72
£1,20005/240.41 miScott Hall Grove, Leeds2
£1,15006/240.41 miCharnley Drive, Chapel Allerton, Leeds, LS72
£1,25005/240.41 miRoxholme Grove, Chapel Allerton, Leeds, LS72
£1,10006/240.41 miCharnley Drive, Leeds2
£1,05002/250.42 mi-2
£1,49505/240.44 miGarmont Court, Garmont Road, Chapel Allerton2
£77503/240.45 mi109 Gathorne Terrace, Leeds, West Yorkshire, LS85EZ2
£80005/240.45 miGathorne Terrace, Leeds, West Yorkshire, LS72
£77505/240.45 miFlat 2 Gathorne Terrace2
£92505/240.47 mi-2
£1,25005/240.47 miHarehills Lane, LEEDS2
£79506/240.51 miMarkham Avenue, Leeds, LS82
£77505/240.52 miRoundhay Place, Leeds, West Yorkshire, UK, LS82
£97502/250.54 mi-2
£85005/240.55 miLambton Grove, Leeds, LS82
£80002/240.55 mi-2
£90005/240.56 miLascelles Road West, Leeds, West Yorkshire, LS82
£87505/240.56 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.56 miLascelles Road, Leeds, West Yorkshire, LS82
£90006/240.57 miBanstead Street West, Leeds, West Yorkshire, LS82
£85003/240.58 miHarehills Lane, Leeds, West Yorkshire, LS82
£1,10005/240.58 miMethley Terrace, Chapel Allerton, Leeds, LS72
£87502/250.58 mi-2
£1,10003/250.59 mi-2
£79505/240.6 miBayswater Mount, Leeds, West Yorkshire, LS82
£80006/240.62 miHarehills Avenue, Leeds, LS82

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.54 miles away

Nearest school

0.20 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £185,000

March 20, 2024

Floor Plans

Description

  • TENANTED UNTIL MARCH 2025 +
  • SECURE GATED PARKING +
  • INCREDIBLE INVESTMENT +
  • HIGH SPECIFICATION FURNISHINGS AND APPLIANCES +
  • HIGH TENANT DEMAND +
  • SOUGHT-AFTER LOCATION +
  • COMMUNAL GARDENS +
  • PRIME LOCATION +

V2 MANSIONS  

V2 Mansions is an excellent, secure & gated development located on Chapeltown Road, with allocated parking and a large communal garden. With an abundance of local amenities, including peaceful parks, shops, bars and restaurants.  

LOCATION  

V2 Mansions has incredible transport links to the city centre, just a 9-minute journey away. Plenty of Leed's famous attractions are within close distance too - such as Leeds City Museum just 17-minutes away, Victoria Leeds Shopping Centre just 10-minutes and the University of Leeds just over 20-minutes away.

As well as this, there is plenty of green spaces to provide an escape from the busy, thriving city - such as Potternewton Park which is only a 9-minute walk away. 

TENURE  

This property has 248 years remaining on the lease, with service charge of £1946 per annum and ground rent charge of £195 per annum. 

PROPERTY HIGHLIGHTS  

ALLOCATED PARKING
GREAT LINKS TO THE CITY CENTRE
SOUGHT-AFTER LOCATION
SECURE DEVELOPMENT
HIGH SPECIFICATION FEATURES AND FIXTURES
LARGE COMMUNAL GARDEN
TENANTED AT £995 PCM UNTIL MARCH 2025 

FOR MORE INFORMATION, CONTACT NORTH PROPERTY GROUP TODAY  

North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.

Agent Details

North Property Group, Leeds

0113 519 7488

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪