2 Bed Semi-Detached House, Refurb/BRRR, Pudsey, LS28 9DD, £185,000

Hough Side Road, Pudsey, West Yorkshire, LS28 9DD - 2 views - 9 months ago

Refurb/BRRR
ROI: 3%
~64 m²
+6 photos

ValuationOvervalued

Sold Prices£90K - £335K
Sold Prices/m²£1.7K/m² - £4.8K/m²

 

 

Square Metres

~64 m²
Price/m²£2.9K/m²

Value Estimate

£169,375

 

 

End Value (After Refurb)

£145,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Refurb Costs

£25,325

Bridging Loan Interest

£4,856

Total Cash In

£84,931

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£145,000

Mortgage (After Refinance)

£108,750

Mortgage LTV

75%

Cash Left In

£84,931

Equity

£36,250

Rent Range

£650 - £1,295

Rent Estimate

£827

Running Costs/mo

£639

Cashflow/mo

£188

Cashflow/yr

£2,262

ROI

3%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £335K, average is £162.3K. £1.7K/m² to £4.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£200K11/230.07 mi1, Richmond Gardens, Pudsey, West Yorkshire LS28 9BX2
£217K05/230.07 mi10, Richmond Gardens, Pudsey, West Yorkshire LS28 9BX2
£183K07/230.08 mi4, South View, Pudsey, West Yorkshire LS28 9BA2
£170K05/240.13 mi33, Crimbles Road, Pudsey, West Yorkshire LS28 9BQ2
£147K02/230.13 mi27, Crimbles Road, Pudsey, West Yorkshire LS28 9BQ2
£145K04/230.13 mi23, Crimbles Road, Pudsey, West Yorkshire LS28 9BQ2
£145K12/200.14 mi11a, Hammerton Grove, Pudsey, West Yorkshire LS28 9BG2
£120K11/200.14 mi6, Hammerton Grove, Pudsey, West Yorkshire LS28 9BG2
£132.5K11/210.14 mi9, Lane End, Pudsey, West Yorkshire LS28 9AD2
£185K03/240.16 mi3a, Crimbles Terrace, Pudsey, West Yorkshire LS28 9BE2
£193K05/210.21 mi4, East View Cottages, Lowtown, Pudsey, West Yorkshire LS28 9AH2
£270K03/230.23 mi4, Hough Side Lane, Pudsey, West Yorkshire LS28 9JH2
£200K05/230.24 mi7, Kent Crescent, Pudsey, West Yorkshire LS28 9EE2
£155K11/210.25 mi7, Rosemont Avenue, Pudsey, West Yorkshire LS28 7AJ2
£152K12/230.27 mi8, Rosemont Terrace, Pudsey, West Yorkshire LS28 7AH2
£137.5K02/210.27 mi8, Rosemont Terrace, Pudsey, West Yorkshire LS28 7AH2
£247K03/230.27 mi7, Priestley Close, Pudsey, West Yorkshire LS28 9NJ2
£135K07/230.27 mi26, Harley Walk, Leeds, West Yorkshire LS13 4PU2
£135K08/210.27 mi12, Harley Walk, Leeds, West Yorkshire LS13 4PU2
£235K05/240.28 mi33, Priestley Drive, Pudsey, West Yorkshire LS28 9NQ2
£200K05/240.28 mi37, Priestley Drive, Pudsey, West Yorkshire LS28 9NQ2
£174K04/240.29 mi48, Hammerton Street, Pudsey, West Yorkshire LS28 7DD2
£155K05/210.3 mi182, Swinnow Road, Leeds, West Yorkshire LS13 4PG2
£152K01/230.32 mi1, Rogers Place, Pudsey, West Yorkshire LS28 7AX2
£90K01/230.32 mi51, The Lanes, Pudsey, West Yorkshire LS28 7AT2
£220K08/210.33 mi8, Priestley Walk, Pudsey, West Yorkshire LS28 9NH2
£174K02/210.33 mi8, Longfield Terrace, Pudsey, West Yorkshire LS28 7BY2
£162K10/210.33 mi140, Acres Hall Avenue, Pudsey, West Yorkshire LS28 9EQ2
£162.5K03/230.33 mi160, Acres Hall Avenue, Pudsey, West Yorkshire LS28 9EQ2
£295K05/230.33 mi11, Ravens Mount, Pudsey, West Yorkshire LS28 9HT2
£225K03/210.35 mi21, Crawshaw Gardens, Pudsey, West Yorkshire LS28 7BU2
£170K03/230.35 mi58, Harley Drive, Leeds, West Yorkshire LS13 4QZ2
£154.6K11/210.37 mi69, Harley Drive, Leeds, West Yorkshire LS13 4QY2
£335K12/220.37 mi12, Spinners Chase, Pudsey, West Yorkshire LS28 7BB2
£145K04/210.39 mi55, Swinnow Drive, Leeds, West Yorkshire LS13 4NT2
£141K11/200.4 mi44, Acres Hall Avenue, Pudsey, West Yorkshire LS28 9EH2
£290K05/240.4 mi14, Spinners Chase, Pudsey, West Yorkshire LS28 7BB2
£125K03/210.41 mi20, Swinnow Drive, Leeds, West Yorkshire LS13 4NS2
£180K12/230.41 mi72, Acres Hall Crescent, Pudsey, West Yorkshire LS28 9DZ2
£150.9K04/210.42 mi9, Acres Hall Crescent, Pudsey, West Yorkshire LS28 9DY2
£190K05/240.42 mi73, Acres Hall Crescent, Pudsey, West Yorkshire LS28 9DY2
£143K11/210.43 mi43, Harley Terrace, Leeds, West Yorkshire LS13 4RE2
£220K02/230.43 mi10, The Ivies, Pudsey, West Yorkshire LS28 7DS2
£152.5K04/210.43 mi42, Swinnow Walk, Leeds, West Yorkshire LS13 4NP2
£192.5K09/210.46 mi23, Tennyson Street, Pudsey, West Yorkshire LS28 9HA2
£141K09/210.46 mi23, Scott Street, Pudsey, West Yorkshire LS28 9HB2
£135.5K07/210.46 mi21, Scott Street, Pudsey, West Yorkshire LS28 9HB2
£142K06/230.46 mi29, Acres Hall Avenue, Pudsey, West Yorkshire LS28 9EL2
£229.5K08/240.47 mi17, Crawshaw Rise, Pudsey, West Yorkshire LS28 7ER2
£155K04/210.49 mi10, Laurel Terrace, Stanningley, Pudsey, West Yorkshire LS28 7QJ2

Local Rents

39 rents from £650/mo to £1.3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85001/250.15 mi-2
£85003/250.15 mi-2
£95005/240.15 miPost Hill Gardens, PUDSEY2
£77505/240.18 miBroadlands Court, Pudsey, West Yorkshire, LS282
£84902/250.21 mi-2
£80003/250.25 mi-2
£75003/250.31 mi-2
£85002/250.37 mi-2
£69506/240.38 mi10 Mount Pleasant Heights2
£67505/240.4 miLidget Hill, Pudsey, West Yorkshire, UK, LS282
£69505/240.4 mi4-6 Robin Lane, Pudsey, West Yorkshire, LS282
£1,29505/240.41 miWoodfield Terrace, Pudsey2
£90012/240.44 mi-2
£82002/250.46 mi-2
£77501/250.46 mi-2
£82501/250.46 mi-2
£75001/250.46 mi-2
£82502/250.46 mi-2
£70003/250.46 mi-2
£85003/250.46 mi-2
£65005/240.49 miValley Rd, Pudsey Leeds, LS282
£65012/240.49 mi-2
£85005/240.49 miTrinity House, Church Lane, Pudsey2
£82503/240.49 miThe Grange, Pudsey, Leeds, LS282
£82503/240.49 miThe Grange, Pudsey, Leeds, LS282
£77505/240.49 miRichardshaw Lane, Pudsey, Leeds, LS282
£80005/240.49 miRichardshaw Lane, Pudsey, Leeds, LS282
£82505/240.49 miRichardshaw Lane, Pudsey, Leeds, LS282
£72505/240.49 miThe Grange, Richardshaw Lane, Pudsey, LS282
£82505/240.49 miSalters Garden, Pudsey , LS28 7UZ2
£85005/240.5 miSharp Row, Pudsey2
£75005/240.51 miFlat 1, The Poplars, Valley Road Pudsey ,LS28 9EU2
£95005/240.51 miPudsey2
£84506/240.52 mi-2
£84505/240.52 mi-2
£99501/250.54 mi-2
£85005/240.56 miThorpe Road, Pudsey, , LS28 7NG2
£89506/240.57 mi-2
£95005/240.59 miSomerset Road, Pudsey2

Local Area Statistics

Population in LS28

38,403

Population in Pudsey

38,405

Town centre distance

0.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £185,000

June 29, 2024

Sold for £118,500

2017

Sold for £84,995

2002

Sold for £59,950

1999

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Stone semi-detached +
  • Two double bedrooms +
  • In need of some TLC +
  • Dining kitchen +
  • Enclose garden to rear +
  • Driveway & space for a garage +
  • EPC rating E / Council tax B +

This stone semi-detached property is situated just a short drive from the centre of Pudsey and offers a great opportunity for a buyer wanting a property they can put their own stamp on as it does now require some attention internally and externally. The property is generously proportioned and features two good size double bedrooms as well as a nice amount of outside space including potential for a driveway, and a dilapidated garage. Internal viewing is highly recommended and there is the added benefit of being offered to the market with NO ONWARD CHAIN.

The accommodation briefly comprises to the ground floor: entrance hall, a spacious dual aspect living rooom, and a separate kitchen to the rear which is fitted with a range of matching cream wall and base units.

To the first floor is the master bedroom which is a particularly generous size double, a further good size double bedroom, and the house bathroom which is fitted with a single shower cubicle, separate bath, washbasin and WC.

Externally there is an area to the side of the property which could be reinstated as a driveway which leads to a dilapidated garage. There is also a nice size garden to the rear of the property which enjoys a good degree of privacy but would also benefit from some attention.

Pudsey Town Centre offers a vast range of local facilities including schools for all ages, shops, cafes, bars and restaurants. Pudsey Park is centrally located in the town and offers a children’s playground and fabulous gardens. Out-of-town shopping on a larger scale is found at the nearby Owlcotes Shopping Centre which offers both Asda and Marks & Spencer Superstore, with bus links and New Pudsey Railway Station also being close by.

Agent Details

Manning Stainton, Pudsey

0113 519 1541

Next Steps?

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