2 Bed Flat, Single Let, Leeds, LS11 9BG, £190,000

City Walk, Leeds, West Yorkshire, LS11 9BG - 1 views - 9 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~63 m²

+8 photos

ValuationFair Value

Sold Prices	£60K - £300K
Sold Prices/m²	£909/m² - £3.8K/m²

Square Metres	~62.60 m²
Price/m²	£3K/m²
Value Estimate	£186,837£186,837

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£12,000£12,000
Total Cash In	£59,500£59,500

Cash Out
Rent Range	£900 - £1,420£900 - £1,420
Rent Estimate	£975
Running Costs/mo	£809£809
Cashflow/mo	£166£166
Cashflow/yr	£1,995£1,995
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £60K to £300K, average is £190.3K. £909/m² to £3.8K/m², average is £3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£215K	11/22	0.18 mi	Apartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£262.5K	01/23	0.18 mi	Apartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£232.5K	03/22	0.18 mi	Apartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT	-	-	2	Flat
£250K	03/23	0.18 mi	Apartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£204K	02/23	0.2 mi	32, Butcher Street, Leeds, West Yorkshire LS11 5WF	-	-	2	Flat
£175K	05/21	0.25 mi	29, Butcher Street, Leeds, West Yorkshire LS11 5WF	£2,536	69	2	Flat
£190K	11/21	0.25 mi	7, Butcher Street, Leeds, West Yorkshire LS11 5WF	£2,716	70	2	Flat
£194K	10/21	0.25 mi	20, Butcher Street, Leeds, West Yorkshire LS11 5WF	£2,985	65	2	Flat
£210K	05/22	0.25 mi	23, Butcher Street, Leeds, West Yorkshire LS11 5WF	£3,818	55	2	Flat
£210K	08/22	0.26 mi	11, Butcher Street, Leeds, West Yorkshire LS11 5WF	-	-	2	Flat
£210K	08/22	0.26 mi	18, Butcher Street, Leeds, West Yorkshire LS11 5WF	£3,000	70	2	Flat
£255K	07/24	0.46 mi	3, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,542	72	2	Flat
£164K	07/21	0.46 mi	44, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,154	52	2	Flat
£193.5K	12/20	0.46 mi	19, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,779	51	2	Flat
£195K	01/23	0.46 mi	11, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,250	60	2	Flat
£100K	08/22	0.53 mi	46, Admiral Street, Leeds, West Yorkshire LS11 5NG	£1,786	56	2	Flat
£110K	06/22	0.53 mi	44, Admiral Street, Leeds, West Yorkshire LS11 5NG	£2,402	46	2	Flat
£93K	07/22	0.54 mi	32, Admiral Street, Leeds, West Yorkshire LS11 5NG	-	-	2	Flat
£102K	04/22	0.58 mi	34, Admiral Street, Leeds, West Yorkshire LS11 5NG	£1,821	56	2	Flat
£170K	10/23	0.6 mi	Flat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU	-	-	2	Flat
£192K	01/21	0.6 mi	37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,765	51	2	Flat
£185K	12/20	0.6 mi	16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,504	53	2	Flat
£207.8K	05/21	0.6 mi	32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,241	64	2	Flat
£190K	01/23	0.6 mi	Flat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT	-	-	2	Flat
£270K	02/23	0.6 mi	Flat 90, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£60K	04/21	0.61 mi	1, St Lukes Crescent, Leeds, West Yorkshire LS11 8LA	£909	66	2	Flat
£220K	11/22	0.63 mi	Flat 12, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD	-	-	2	Flat
£300K	09/23	0.64 mi	Flat 79, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£187.5K	02/21	0.64 mi	Flat 84, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£215K	04/21	0.64 mi	Flat 43, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£186K	08/21	0.64 mi	Flat 66, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£160K	04/21	0.64 mi	Flat 58, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£188K	08/23	0.64 mi	Flat 57, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	£2,474	76	2	Flat
£176K	06/21	0.65 mi	Flat 47, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH	-	-	2	Flat
£148K	03/21	0.65 mi	Flat 42, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH	-	-	2	Flat
£240K	10/20	0.65 mi	Flat 51, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH	-	-	2	Flat
£190K	02/23	0.65 mi	Flat 54, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF	-	-	2	Flat
£185.5K	04/21	0.66 mi	Flat 38, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£270K	02/21	0.66 mi	Flat 29, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ	-	-	2	Flat
£194.5K	03/23	0.66 mi	Flat 10, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ	-	-	2	Flat
£280K	05/21	0.66 mi	Flat 34, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ	-	-	2	Flat
£175K	04/21	0.67 mi	Flat 39, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£190.5K	01/21	0.67 mi	Flat 40, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	£2,721	70	2	Flat
£169.9K	02/21	0.67 mi	Flat 8, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£170K	12/22	0.67 mi	Flat 84, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£225K	01/23	0.67 mi	Flat 86, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£177.5K	04/23	0.68 mi	Flat 42, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE	-	-	2	Flat
£172K	04/21	0.68 mi	Flat 13, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP	-	-	2	Flat
£169K	12/21	0.68 mi	Flat 50, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE	-	-	2	Flat
£235K	10/22	0.69 mi	Flat 33, Bonaire, Gotts Road, Leeds, West Yorkshire LS12 1DL	-	-	2	Flat

Local Rents

50 rents from £900/mo to £1.4K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	05/24	0 mi	Velocity West, Leeds City Centre	2	Flat
£1,400	05/24	0.01 mi	Velocity West, 5 City Walk, Leeds, LS11 9BG	2	Flat
£1,150	01/25	0.01 mi	-	2	Flat
£1,150	06/24	0.01 mi	City Walk, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,000	12/24	0.02 mi	-	2	Flat
£1,100	05/24	0.02 mi	City Walk, Leeds, LS11	2	Flat
£1,200	05/24	0.03 mi	6 City Walk, Holbeck, Leeds, LS11	2	Flat
£1,150	05/24	0.03 mi	6 City Walk, Holbeck, Leeds, LS11	2	Flat
£1,150	05/24	0.03 mi	6 City Walk, Holbeck, Leeds, LS11	2	Flat
£1,200	06/24	0.03 mi	6 City Walk, Holbeck, Leeds, LS11	2	Flat
£925	05/24	0.03 mi	Velocity East, 4 City Walk, Leeds	2	Flat
£1,270	06/24	0.03 mi	Leeds City Centre LS11	2	Flat
£1,355	06/24	0.03 mi	Leeds City Centre, LS11	2	Flat
£1,075	06/24	0.03 mi	Velocity East, 4 City Walk, Leeds, West Yorkshire, LS11	2	Flat
£1,100	05/24	0.03 mi	Velocity East, 4 City Walk	2	Flat
£1,050	12/24	0.03 mi	-	2	Flat
£1,100	05/24	0.04 mi	City Walk, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,100	05/24	0.05 mi	-	2	Flat
£1,100	05/24	0.05 mi	Velocity South, Leeds, LS11	2	Flat
£1,000	05/24	0.05 mi	-	2	Flat
£1,395	05/24	0.06 mi	Daniels House, Leeds, LS11	2	Flat
£1,150	12/24	0.06 mi	-	2	Flat
£1,150	05/24	0.06 mi	Velocity North, Leeds, LS11	2	Flat
£1,050	05/24	0.06 mi	Velocity North, 3 City Walk, Leeds	2	Flat
£1,150	05/24	0.06 mi	Velocity North, 3 City Walk, Leeds	2	Flat
£1,100	05/24	0.07 mi	City Walk, Leeds, West Yorkshire, LS11	2	Flat
£1,100	05/24	0.07 mi	City Walk, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,050	12/24	0.07 mi	-	2	Flat
£900	04/25	0.07 mi	-	2	Flat
£1,250	02/25	0.07 mi	-	2	Flat
£1,200	05/24	0.07 mi	Velocity North, City Walk	2	Flat
£1,270	05/24	0.08 mi	Leeds City Centre, LS11	2	Flat
£1,250	05/24	0.08 mi	Ingram Street, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,100	05/24	0.08 mi	City Walk, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,050	05/24	0.08 mi	Manor Mills, Ingram Street, Leeds, West Yorkshire, LS11	2	Flat
£1,100	06/24	0.08 mi	Ingram Street, Manor Mills Ingram Street, LS11	2	Flat
£1,150	05/24	0.09 mi	Mannor Mills Ingram Street	2	Flat
£975	05/24	0.09 mi	Manor Mills, Ingram Street, Leeds	2	Flat
£1,100	05/24	0.09 mi	City Walk, Leeds, West Yorkshire, UK, LS11	2	Flat
£1,355	05/24	0.12 mi	-	2	Flat
£1,300	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,350	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,330	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,360	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,420	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,365	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,235	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,270	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,345	05/24	0.12 mi	Pin Yard Leeds LS11	2	Flat
£1,375	03/24	0.17 mi	Water Lane	2	Flat

Local Area Statistics

Population in LS11	34,73234,732
Population in Leeds	635,166635,166
Town centre distance	0.90 miles away0.90 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+40%+40%

Property History

Price changed to £190,000

January 27, 2025

Listed for £195,000

July 11, 2024

Floor Plans

Description

A fabulous 2 bedroom 2 bathroom apartment with allocated parking at Velocity West.

This immaculate 2 bedroom, 2 bathroom apartment is ideally situated within close walking distance to Leeds Train Station. The bright open plan living space has large windows and lots of light and has plenty of space for home office and dining. The kitchen, with tiled flooring, benefits from a full size dishwasher, washer dryer and fridge freezer.

Both bedrooms are great size double rooms with the master bedroom benefitting from an en-suite bathroom. The house bathroom is neutrally decorated and part tiled.

Viewing is essential to appreciate this lovley apartment.
Available for vacant possession or as an investment opportunity.

Agent Details

Bridgfords, Leeds

0113 519 5202

Next Steps?

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

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