3 Bed Semi-Detached House, Refurb/BRRR, Pudsey, LS28 5RZ, £240,000

Ravenscliffe Road Calverley, Pudsey, West Yorkshire, LS28 5RZ 5RZ - NG - 3 views - 9 months ago

Auction
Refurb/BRRR
ROI: 2%
~93 m²
+30 photos

ValuationOvervalued

Sold Prices£33K - £398.5K
Sold Prices/m²£570/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£217,456

 

 

End Value (After Refurb)

£248,000

Uplift in Value

+-1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£36,800

Bridging Loan Interest

£6,300

Total Cash In

£113,550

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£248,000

Mortgage (After Refinance)

£186,000

Mortgage LTV

75%

Cash Released

£6,000

Cash Left In

£107,550

Equity

£62,000

Rent Range

£725 - £3,500

Rent Estimate

£1,228

Running Costs/mo

£1,041

Cashflow/mo

£187

Cashflow/yr

£2,249

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £33K to £398.5K, average is £257.5K. £570/m² to £6.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£338K07/230.05 mi8, Fraser Road, Calverley, Pudsey, West Yorkshire LS28 5RU3
£315K12/220.06 mi6, Fraser Road, Calverley, Pudsey, West Yorkshire LS28 5RU3
£360K06/210.07 mi151, Carrbottom Road, Greengates, Bradford, West Yorkshire BD10 0BH3
£334.5K06/210.16 mi8, Crowther Avenue, Calverley, Pudsey, West Yorkshire LS28 5SB3
£357.5K05/210.16 mi30, Crowther Avenue, Calverley, Pudsey, West Yorkshire LS28 5SB3
£398.5K04/240.16 mi40, Crowther Avenue, Calverley, Pudsey, West Yorkshire LS28 5SB3
£255K06/230.16 mi43, Crowther Avenue, Calverley, Pudsey, West Yorkshire LS28 5SA3
£282K12/200.16 mi39, Crowther Avenue, Calverley, Pudsey, West Yorkshire LS28 5SA3
£76.5K04/210.16 mi85, Roundwood Glen, Bradford, West Yorkshire BD10 0DJ3
£367.5K07/230.17 mi113, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RT3
£371K07/240.17 mi121, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RT3
£190K12/210.19 mi31, Bateson Street, Bradford, West Yorkshire BD10 0BE3
£269.9K06/210.19 mi117, Carrbottom Road, Greengates, Bradford, West Yorkshire BD10 0BD3
£253K05/230.19 mi54, Carrbottom Road, Greengates, Bradford, West Yorkshire BD10 0BD3
£87K06/210.23 mi6, Rokeby Gardens, Bradford, West Yorkshire BD10 0DN3
£85K11/210.25 mi79, Redcar Road, Bradford, West Yorkshire BD10 0DP3
£87.5K04/210.25 mi86, Redcar Road, Bradford, West Yorkshire BD10 0DP3
£120K11/220.3 mi41, Roundwood Glen, Bradford, West Yorkshire BD10 0HW3
£122K12/220.3 mi17, Elder Street, Bradford, West Yorkshire BD10 0BS3
£118K07/210.31 mi6, Rowton Thorpe, Bradford, West Yorkshire BD10 0DT3
£142K12/220.32 mi12, Rowlestone Rise, Bradford, West Yorkshire BD10 0DS3
£65K02/210.37 mi14, Rookwith Parade, Bradford, West Yorkshire BD10 0DX3
£125K02/230.37 mi4, Rookwith Parade, Bradford, West Yorkshire BD10 0DX3
£276K01/210.38 mi39, Carr Hill Avenue, Calverley, Pudsey, West Yorkshire LS28 5QG3
£146.1K12/220.38 mi16, Stanley Street, Greengates, Bradford, West Yorkshire BD10 0QZ3
£125K07/230.39 mi23, Roundwood Glen, Bradford, West Yorkshire BD10 0HN3
£271K07/210.39 mi7, Carr Hill Road, Calverley, Pudsey, West Yorkshire LS28 5PZ3
£85K10/200.4 mi718, Harrogate Road, Bradford, West Yorkshire BD10 0QE3
£350K06/210.41 mi16, Carr Hill Grove, Calverley, Pudsey, West Yorkshire LS28 5QB3
£315K06/230.42 mi15, Clover Court, Calverley, Pudsey, West Yorkshire LS28 5SY3
£315K10/210.43 mi3, Carr Hill Rise, Calverley, Pudsey, West Yorkshire LS28 5QD3
£33K04/240.43 mi7, Carr Hill Rise, Calverley, Pudsey, West Yorkshire LS28 5QD3
£277.5K02/210.45 mi10, Clover Crescent, Calverley, Pudsey, West Yorkshire LS28 5SZ3
£267.5K03/210.45 mi8, Clover Crescent, Calverley, Pudsey, West Yorkshire LS28 5SZ3
£220K11/210.46 mi3, Lydgate Street, Calverley, Pudsey, West Yorkshire LS28 5RP3
£150K06/210.47 mi19, Meadow Road, Bradford, West Yorkshire BD10 0LS3
£238.5K02/210.47 mi17, Navigation Drive, Bradford, West Yorkshire BD10 0LW3
£260K02/210.49 mi9, Salisbury Place, Calverley, Pudsey, West Yorkshire LS28 5PX3
£230K02/210.5 mi5a, Woodland View, Calverley, Pudsey, West Yorkshire LS28 5RL3
£380K09/210.51 mi14, Salisbury Street, Calverley, Pudsey, West Yorkshire LS28 5PY3
£330K08/210.51 mi13, Salisbury Street, Calverley, Pudsey, West Yorkshire LS28 5PY3
£340K07/230.51 mi12, Salisbury Street, Calverley, Pudsey, West Yorkshire LS28 5PY3
£320K07/240.51 mi11, Salisbury Street, Calverley, Pudsey, West Yorkshire LS28 5PY3
£225K10/200.51 mi69, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RJ3
£259.9K03/210.51 mi81, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RJ3
£83.1K12/200.52 mi35, Ranelagh Avenue, Bradford, West Yorkshire BD10 0HF3
£210K03/210.52 mi18, Hollin Park Road, Calverley, Pudsey, West Yorkshire LS28 5PU3
£210K06/230.52 mi15, Hollin Park Road, Calverley, Pudsey, West Yorkshire LS28 5PU3
£355K02/230.54 mi64, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RH3
£337.5K06/210.54 mi52, Carr Road, Calverley, Pudsey, West Yorkshire LS28 5RH3

Local Rents

10 rents from £725/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£3,50005/240.42 miClara Drive, Leeds, West Yorkshire, LS283
£1,50005/240.42 miClara Drive, Woodlands, Clara Drive, Calverley, Pudsey, West Yorkshire, LS28 5QP3
£99512/240.47 miMeadow Road, Apperley Bridge, Bradford3
£1,40011/240.5 mi-3
£1,30011/240.5 mi-3
£82503/250.51 mi-3
£72512/240.52 miRanelagh Avenue, BRADFORD3
£1,30001/250.57 mi-3
£1,00003/250.57 mi-3
£75007/240.59 mi-3

Local Area Statistics

Population in LS28

38,403

Population in Pudsey

38,405

Town centre distance

2.52 miles away

Nearest school

0.40 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Price changed to £240,000

December 4, 2024

Listed for £250,000

July 19, 2024

Floor Plans

Description

  • THREE BEDROOM SEMI-DETACHED FAMILY HOME +
  • FOR SALE VIA THE MODERN METHOD OF AUCTION +
  • IN NEED OF MODERNISATION +
  • TWO RECEPTION ROOMS +
  • GROUND FLOOR MODERN SHOWER ROOM +
  • POTENTIAL TO EXTEND +
  • LARGE GARAGE FOR TWO / THREE CARS +
  • DRIVEWAY FOR THREE OR FOUR CARS +
  • GARDENS TO THE FRONT AND REAR +
  • COUNCIL TAX BAND D - EPC RATING GRADE G +

FOR SALE BY THE MODERN METHOD OF AUCTION

A NON REFUNDABLE RESERVATION FEE MUST BE PAID TO SECURE THE PROPERTY IF A BID IS ACCEPTED - PLEASE NOTE THE AUCTION CAN CLOSE EARLY IF THE VENDOR AGREES TO A HIGH ENOUGH BID.

THIS IS AN ONLINE AUCTION AND BIDS CAN BE PLACED AT ANYTIME

AUCTION CLOSES 27/09/2024 AT 11AM

Nestled in the charming Ravenscliffe Road of Calverley, Pudsey, this three-bedroom semi-detached family home is a gem waiting to be polished. Boasting two reception rooms, this property offers ample space for family gatherings and cosy evenings by the fireplace.

Although in need of modernisation, this house presents a canvas for your creativity and personal touch. The ground floor modern shower room adds a contemporary touch to this traditional home, blending convenience with classic charm.

One of the standout features of this property is the potential to extend, allowing you to tailor the space to suit your lifestyle. With a large garage accommodating two to three cars, parking will never be an issue. Additionally, the driveway offers space for three or four more vehicles, perfect for those who love to entertain.

Surrounded by gardens both to the front and rear, this home provides a tranquil retreat from the hustle and bustle of everyday life. Imagine enjoying your morning coffee in the peaceful garden or hosting summer barbecues with friends and family.

Situated in Council Tax Band D, this property offers a great opportunity for those looking to invest in a home with potential. The EPC rating of Grade G leaves room for improvement, allowing you to enhance the energy efficiency of the house over time.

Don't miss out on the chance to make this house your home. Embrace the opportunity to transform this property into your dream abode through the modern method of auction.

Contact us today to arrange a viewing and unlock the possibilities that this semi-detached family home has to offer.

Ground Floor -

Hallway -

Reception Room 1 - 3.13 x 4.38 (10'3" x 14'4") -

Reception Room 2 - 4.39 x 3.63 (14'4" x 11'10") -

Kitchen - 2.9 x 2.54 (9'6" x 8'3") -

Ground Floor Shower Room - 2.10 x 1.33 (6'10" x 4'4") -

First Floor -

Bedroom 1 - 3.09 x 3.93 (10'1" x 12'10") -

Bedroom 2 - 3.24 x 3.62 (10'7" x 11'10") -

Bedroom 3 - 3.28 x 2.58 (10'9" x 8'5") -

Eaves Area Possible Conversion -

External -

Front Garden -

Rear Garden -

Driveway -

Detached Garage For Two/Three Cars -

IMPORTANT
This property is for sale by the ‘Modern Method of Auction’. The successful bidder is required to pay a non-refundable reservation fee of £6,000. Any successful bidder will pay this to secure the property. The reservation fee is in addition to the purchase price. The bidder then has 28 days to exchange legally binding contracts and a further 28 day to complete. All bids are to go through the auction site.

Agent Details

Hunters, Bradford

01274 003067

Next Steps?

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