dealsourcr

2 Bed Flat, Single Let, Leeds, LS16 7DJ, £150,000

Flat 4 Summer Hill Court, Hillcrest Rise, Leeds, West Yorkshire, LS16 7DJ - 10 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£67.5K - £210K
Sold Prices/m²£1.3K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£145,061

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

£795 - £1,100

Rent Estimate

£812

Running Costs/mo

£651

Cashflow/mo

£161

Cashflow/yr

£1,930

ROI

4%

Gross Yield

6%

Local Sold Prices

37 sold prices from £67.5K to £210K, average is £125K. £1.3K/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£162K08/230.23 mi21, Kirkwood Avenue, Leeds, West Yorkshire LS16 7JT2
£67.5K01/210.26 mi26, Holtdale Fold, Leeds, West Yorkshire LS16 7RS2
£117K10/220.31 mi12, Tinshill Mount, Leeds, West Yorkshire LS16 7AX2
£92K04/210.31 mi34, Tinshill Mount, Leeds, West Yorkshire LS16 7AX2
£100K10/200.4 mi94, Tinshill Lane, Leeds, West Yorkshire LS16 7BE2
£132.5K11/200.42 mi89a, Moseley Wood Drive, Leeds, West Yorkshire LS16 7HD2
£130K07/230.42 mi89, Moseley Wood Drive, Leeds, West Yorkshire LS16 7HD2
£125K04/210.54 mi26, Woodnook Drive, Leeds, West Yorkshire LS16 6DZ2
£110K10/220.56 mi82, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£75K05/230.56 mi88, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£95K05/230.56 mi90, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£153.1K01/230.67 mi14, Heathfield Walk, Leeds, West Yorkshire LS16 7QQ2
£142.5K05/240.7 mi17, Carr Bridge Drive, Leeds, West Yorkshire LS16 7BS2
£145K10/220.78 mi158, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£84K01/210.82 mi17, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K05/210.82 mi1, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K07/210.82 mi9, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£145K03/230.84 mi114, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£147K02/240.84 mi148, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£140K03/230.84 mi132, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£117K11/230.84 mi86, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£210K07/220.85 mi5, Troy Road, Horsforth, Leeds, West Yorkshire LS18 5NQ2
£135.5K10/200.86 mi87, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£137.5K11/200.86 mi59, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£110K05/230.87 mi2, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K05/210.87 mi19, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£160K12/220.87 mi71, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AY2
£120K01/210.91 mi74, New Adel Lane, Leeds, West Yorkshire LS16 6AP2
£170K12/220.92 mi82, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£125K10/210.95 mi7, Rothbury Gardens, Leeds, West Yorkshire LS16 6AW2
£114K08/210.97 mi193, Iveson Drive, Leeds, West Yorkshire LS16 6NY2
£119K12/220.98 mi60, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£137.5K02/210.98 mi14, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K06/240.98 mi10, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£145K10/230.98 mi62, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£113K03/210.98 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£113K03/210.98 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2

Local Rents

11 rents from £795/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£95005/240.2 miWrenbury Crescent, Leeds2
£1,00005/240.27 miTinshill Lane, LEEDS2
£80006/240.32 mi-2
£80006/240.32 mi-2
£90007/240.32 mi-2
£79506/240.32 mi6 Holtdale View, Leeds, LS162
£89505/240.36 miMoseley Wood Drive, Leeds, West Yorkshire, UK, LS162
£1,00005/240.4 miGreen Lane, Cookridge, LS162
£1,10006/240.48 miHaven View, Leeds, LS162
£1,10007/240.48 mi-2
£89505/240.58 miRaynel Mount, Adel, Leeds2

Links

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

4.54 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £150,000

June 13, 2024

Floor Plans

Description

  • Chain Free +
  • Upper Floor +
  • Lounge Diner +
  • Shower Room +
  • Great First Home +
  • EPC Rating: C / Council Tax: B +

*CHAIN FREE* Two bedroom flat in POPULAR LOCATION with COMMUNAL GARDENS!

This apartment has been recently decorated and will suit a variety of buyers. Located on the popular street of Hillcrest Rise, enjoying a leafy outlook and benefiting from underfloor heating throughout with individual room sensors it is sure to impress. The accommodation includes an entrance hall, lounge diner, kitchen, two bedrooms and a shower room. Externally there are mature communal gardens as well as a private lockup/ store. Please note roof the building was replaced in 2021 the oven/hob, fridge and washing machine will be included in the sale.

Cookridge is an ever-popular residential area is ideally located for the local amenities, and it is also in the vicinity of the thriving area of Horsforth. The property is located within short walking distance from Horsforth train station, providing direct lines to Leeds City Centre, London, Harrogate, York and more. There are excellent schools for all ages within the area and numerous leisure facilities including golf courses and health and fitness centres.

Agent Details

Manning Stainton, Adel

0113 519 1444

Next Steps?

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

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