2 Bed Terraced House, Refurb/BRRR, Leeds, LS12 2BT, £110,000

25 Brooklyn Place, Leeds, West Yorkshire, LS12 2BT - 5 views - a year ago

Sold STC
Refurb/BRRR
ROI: 7%
~66 m²
+5 photos

ValuationFair Value

Sold Prices£52K - £165K
Sold Prices/m²£732/m² - £2.9K/m²

 

 

Square Metres

~66.10 m²
Price/m²£1.7K/m²

Value Estimate

£110,000

 

 

End Value (After Refurb)

£110,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£26,156

Bridging Loan Interest

£2,888

Total Cash In

£62,793

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£110,000

Mortgage (After Refinance)

£82,500

Mortgage LTV

75%

Cash Left In

£62,793

Equity

£27,500

Rent Range

£650 - £3,575

Rent Estimate

£937

Running Costs/mo

£551

Cashflow/mo

£386

Cashflow/yr

£4,630

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £52K to £165K, average is £114.5K. £732/m² to £2.9K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£80K02/230.02 mi8, Brooklyn Street, Armley, Leeds, West Yorkshire LS12 2BU2
£124K05/230.02 mi12, Brooklyn Street, Armley, Leeds, West Yorkshire LS12 2BU2
£103K03/230.02 mi21, Brooklyn Street, Armley, Leeds, West Yorkshire LS12 2BU2
£80K09/210.03 mi6, Brooklyn Terrace, Leeds, West Yorkshire LS12 2BX2
£109K06/210.04 mi13, Nancroft Mount, Armley, Leeds, West Yorkshire LS12 2DF2
£140K09/230.04 mi25, Nancroft Mount, Armley, Leeds, West Yorkshire LS12 2DF2
£97.5K10/210.05 mi24, Brooklyn Avenue, Armley, Leeds, West Yorkshire LS12 2BS2
£119K10/210.06 mi21, Nancroft Crescent, Leeds, West Yorkshire LS12 2DH2
£129K04/240.06 mi4, Nancroft Crescent, Leeds, West Yorkshire LS12 2DH2
£132K12/230.08 mi6, Laurel Grove, Leeds, West Yorkshire LS12 2DD2
£100K05/210.1 mi44, Chapel Lane, Armley, Leeds, West Yorkshire LS12 1UP2
£127K09/230.1 mi6, Laurel Fold, Leeds, West Yorkshire LS12 1UR2
£102K11/200.11 mi36a, Model Avenue, Leeds, West Yorkshire LS12 2BW2
£120K01/240.13 mi33, Model Road, Armley, Leeds, West Yorkshire LS12 2BN2
£100K02/210.13 mi45, Model Road, Armley, Leeds, West Yorkshire LS12 2BN2
£135K08/230.13 mi37, Model Road, Armley, Leeds, West Yorkshire LS12 2BN2
£96K01/240.19 mi35, Armley Grove Place, Leeds, West Yorkshire LS12 1PT2
£144K10/210.21 mi38, Mitford Terrace, Leeds, West Yorkshire LS12 1NJ2
£52K11/210.21 mi6, Mitford View, Leeds, West Yorkshire LS12 1NQ2
£110K11/210.25 mi8, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£110K11/210.25 mi8, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£110K03/230.25 mi2, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£90K11/200.26 mi8, Hereford Street, Armley, Leeds, West Yorkshire LS12 2NH2
£126K04/230.27 mi16, Eyres Terrace, Leeds, West Yorkshire LS12 3AX2
£110K03/210.27 mi13, Eyres Avenue, Leeds, West Yorkshire LS12 3BA2
£75K08/230.28 mi27, Salisbury Avenue, Armley, Leeds, West Yorkshire LS12 2AR2
£80.5K03/210.28 mi3, Chichester Street, Armley, Leeds, West Yorkshire LS12 2NL2
£113K05/210.29 mi72, Salisbury Road, Leeds, West Yorkshire LS12 2BH2
£107K12/210.29 mi64, Salisbury Road, Leeds, West Yorkshire LS12 2BH2
£120K02/240.3 mi17, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP2
£116K01/230.3 mi29, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP2
£112.5K07/210.31 mi17, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP2
£127K02/240.34 mi5, Nunnington Avenue, Leeds, West Yorkshire LS12 2PQ2
£110K09/230.34 mi2, Nunnington Avenue, Leeds, West Yorkshire LS12 2PQ2
£124.5K12/200.36 mi2, Evelyn Place, Leeds, West Yorkshire LS12 4DT2
£91.5K10/230.36 mi5, Arley Terrace, Armley, Leeds, West Yorkshire LS12 2PA2
£125K01/230.37 mi8, Aviary Row, Leeds, West Yorkshire LS12 2NZ2
£120K03/230.38 mi11, Roderick Street, Leeds, West Yorkshire LS12 4NE2
£101.7K02/210.39 mi173, Tong Road, Leeds, West Yorkshire LS12 4NA2
£107.5K06/210.39 mi46, Oldfield Street, Leeds, West Yorkshire LS12 4EF2
£127K02/230.39 mi11, Gilpin Terrace, Leeds, West Yorkshire LS12 1HL2
£160K03/240.39 mi29, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£127.5K08/210.39 mi14, Malmesbury Place, Leeds, West Yorkshire LS12 4BH2
£125K04/230.4 mi13, Rombalds Grove, Armley, Leeds, West Yorkshire LS12 2BB2
£106K02/210.4 mi14, Rombalds Grove, Armley, Leeds, West Yorkshire LS12 2BB2
£122.3K01/230.4 mi12, Rombalds Avenue, Armley, Leeds, West Yorkshire LS12 2BA2
£136K05/230.43 mi36, Station Road, Armley, Leeds, West Yorkshire LS12 3EY2
£165K03/230.44 mi4, Station Crescent, Leeds, West Yorkshire LS12 3EZ2
£151K06/210.44 mi24, Station Crescent, Leeds, West Yorkshire LS12 3EZ2
£132.3K07/230.45 mi1, Rombalds Crescent, Armley, Leeds, West Yorkshire LS12 2BQ2

Local Rents

50 rents from £650/mo to £3.6K/mo, average is £840/mo.

RentDateDistanceAddressBeds 
£77505/240.04 miNancroft Mount, Armley, Leeds, West Yorkshire, LS122
£87005/240.04 miBrooklyn Avenue, Leeds, West Yorkshire, LS122
£90005/240.05 mi-2
£72505/240.05 miNancroft Mount, Leeds, West Yorkshire2
£90012/240.07 mi-2
£82506/240.08 miNancroft Terrace, Armley, Leeds, LS122
£75005/240.09 miLaurel Grove, Armley2
£3,57505/240.16 miArmley Road, Leeds, West Yorkshire, LS122
£79505/240.17 miArmley Road, Flat 1, Leeds, West Yorkshire, LS122
£79505/240.17 miArmley Road, Leeds, West Yorkshire, LS122
£85003/240.21 miAthlone Grove, Leeds, West Yorkshire, LS122
£79505/240.21 miAthlone Grove, Leeds, West Yorkshire, LS122
£85005/240.21 miAthlone Grove, Leeds, West Yorkshire, LS122
£85005/240.24 miHall Road, Leeds, West Yorkshire, LS122
£84503/250.24 mi-2
£84512/240.24 mi-2
£80001/250.25 mi-2
£89502/250.25 mi-2
£69505/240.27 miChichester Street, Armley, Leeds2
£69505/240.27 miChichester Street, Armley, Leeds2
£85012/240.27 mi-2
£79502/250.27 mi-2
£65005/240.27 miCedar Street, Armley, Leeds2
£79506/240.29 miSalisbury Road, Leeds, LS122
£75012/240.29 mi-2
£65005/240.29 miAviary Place, Leeds2
£90001/250.3 mi-2
£90001/250.3 mi-2
£82505/240.3 miWinker Green Mills, Stanningley Road2
£65002/240.31 mi-2
£80002/250.31 mi-2
£82505/240.33 miWinker Green, Stanningley Road2
£85005/240.33 miNunnington Terrace, Leeds, West Yorkshire, LS122
£87503/250.34 mi-2
£95002/250.34 mi-2
£77502/250.35 mi-2
£95001/250.36 mi-2
£1,80005/240.37 mi-2
£1,80012/240.37 mi-2
£1,80012/240.37 mi-2
£83505/240.38 miTavistock Mews, Leeds, West Yorkshire, LS122
£77501/240.41 mi-2
£85005/240.41 miToft Street, LEEDS2
£1,05002/240.44 mi-2
£80005/240.45 mi-2
£80003/250.46 mi-2
£85002/250.46 mi-2
£87505/240.47 mi-2
£87505/240.47 miPasture View, Leeds, West Yorkshire, LS122
£75001/240.48 mi-2

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.27 miles away

Nearest school

0.20 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £110,000

May 8, 2024

Sold for £82,000

2007

Sold for £32,000

1999

Floor Plans

Description

  • No Onward Chain +
  • Back to Back Terrace Property +
  • Popular Residential Location +
  • Lounge, Separate Kitchen & Useful Cellar +
  • Two Double Bedrooms & Bathroom +
  • Requires General Modernisation +
  • Ideally Located For Commuting +
  • Council Tax Band: A / EPC rating E +

Offered for sale with no onward chain and in need of updating.

Situated in this popular residential area within easy access of Leeds City Centre, Ring Road and Motorway networks. With good bus routes, Armley Town Street and local shops nearby.

The accommodation comprises: lounge, separate kitchen and useful cellar. Two double bedrooms and bathroom.

An early viewing is highly recommended.

Agent Details

Manning Stainton, Wortley

0113 519 1788

Next Steps?

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