2 Bed Flat, Single Let, Leeds, LS10 1HR, £197,500

Balmoral Place, Brewery Wharf, Leeds City Centre, LS10 1HR - a year ago

Leasehold
BTL
ROI: 3%
~68 m²
+4 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,375

Stamp Duty & Legal Fees

£7,125

Total Cash In

£56,500

 

 

Cash Out

 

Rent Range

£850 - £1,755

Rent Estimate

£995

Running Costs/mo

£836

Cashflow/mo

£159

Cashflow/yr

£1,906

ROI

3%

Gross Yield

6%













Local Rents

50 rents from £850/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15005/240.01 miRegents Quay, Brewery Wharf2
£1,19512/240.01 mi-2
£1,12512/240.01 mi-2
£1,12503/250.01 mi-2
£1,12512/240.01 miBalmoral Place, Hunslet, Leeds, LS102
£1,15005/240.01 miBowman Lane, Leeds, West Yorkshire, LS102
£1,47505/240.02 miBalmoral Place, Brewery Wharf2
£1,05005/240.02 miSt James Quay Bowman Parking Included2
£99505/240.02 miSt James Quay Bowman Lane Leeds LS102
£1,25005/240.03 miSt James Quay, Brewery Wharf, Leeds, LS102
£1,30005/240.03 miRegents Quay, Leeds, LS102
£1,45005/240.03 miRegents Quay, Leeds2
£1,35012/240.03 mi-2
£1,15003/240.03 miSt James Quay, Brewery Wharf2
£1,10005/240.03 miSt James Quay, Brewery Wharf2
£1,35012/240.04 miBowman Lane, Leeds2
£1,05005/240.05 miCromwell Court, Bowman Lane, Leeds2
£1,10005/240.05 miCromwell Court, Bowman Lane2
£1,45012/240.05 mi-2
£1,45005/240.05 miAdmiral Court, Leeds, LS102
£1,20003/250.05 mi-2
£1,08005/240.05 miMagellan House, Armouries Way, Leeds2
£99505/240.05 miArmouries Way, Leeds, West Yorkshire, LS102
£1,45001/250.05 mi-2
£1,10003/250.05 mi-2
£1,45002/250.05 mi-2
£1,20003/250.05 mi-2
£1,05005/240.05 miMagellan House, Leeds Dock2
£1,20005/240.06 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,10004/240.06 mi-2
£99505/240.06 miMagellan House, Leeds Dock, Armouries Way, Leeds2
£1,29505/240.07 miMagellan House, Leeds City Centre2
£1,25005/240.07 miMagellan House Armouries Way Leeds Dock Leeds LS102
£1,35012/240.07 miMackenzie House, Chadwick Street, Leeds, West Yorkshire, LS102
£1,15005/240.07 miOne Brewery Wharf, Leeds, LS102
£1,15005/240.07 mi202 One Brewery Wharf, LS102
£1,20005/240.08 miSt James Quay, Bowman Lane, LS102
£1,40003/250.08 mi-2
£1,50012/240.08 mi-2
£1,25012/240.08 mi-2
£1,40012/240.08 mi-2
£1,75505/240.09 mi68 Langton's Wharf, LS2 7EF2
£1,20012/240.09 miLangtons Wharf, Leeds, LS22
£1,09512/240.09 miLangtons Wharf, Leeds City Centre2
£1,20003/240.09 miLangtons Wharf Leeds LS2 7EF2
£1,00005/240.09 miMagellan House, Leeds Dock, City Centre2
£85003/240.09 miArmouries Way, Leeds, West Yorkshire, LS102
£1,20005/240.09 miMagellan House, Armouries Way, Leeds, LS10 1JE2
£1,20012/240.09 miLangtons Wharf2
£1,05005/240.09 miDock House, Navigation Walk, Leeds, West Yorkshire, LS102

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

0.97 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £197,500

April 2, 2024

Floor Plans

Description

  • Highly sought after Brewery Wharf Development +
  • Central Location +
  • River Aire views +
  • 5th floor apartment +
  • View of the river Aire +
  • Courtyard setting +
  • 2 bedrooms +
  • 2 bathrooms +
  • On-site gym & conicerge +

Highly sought after Brewery Wharf Development, 5th Floor, 2 bedrooms, 2 bathroom apartment, courtyard setting with River Aire facing balcony, on-site gym & concierge.

Excellent central location in the highly sought after Barratt Homes, Balmoral Place. This immaculately present apartment comprises 2 bedrooms and 2 bathrooms with an open-plan living room/kitchen.

Situated on the bank of the River Aire opposite The Calls, The Brewery Wharf Development offers a vibrant mix of offices, bars, restaurants, residential apartments and hotels making this a popular area in the heart of the emerging South Bank.

Leasehold and property information given by owner.
Lease commenced 01/01/2002, 999 years.
Ground rent £350pa
Service charge £2799.52pa
Communal charge £362.99

Council Tax Band D

Nigel Lenton's 42 years in Sales & Lettings means you are in very safe and trustworthy hands at The Agency.

Agent Details

The Estate Agency Leeds, Leeds

0113 519 0549

Next Steps?

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