3 Bed Terraced House, Refurb/BRRR, Leeds, LS27 8NF, £184,995

19 Margaret Close, Leeds, West Yorkshire, LS27 8NF - 11 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~69 m²
+8 photos

ValuationOvervalued

Sold Prices£110K - £447.5K
Sold Prices/m²£1.4K/m² - £4.3K/m²

 

 

Square Metres

~68.60 m²
Price/m²£2.7K/m²

Value Estimate

£169,958

 

 

End Value (After Refurb)

£183,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (26%)

£47,499

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£27,359

Bridging Loan Interest

£4,987

Total Cash In

£88,495

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£183,500

Mortgage (After Refinance)

£137,625

Mortgage LTV

75%

Cash Left In

£88,495

Equity

£45,875

Rent Range

£825 - £1,495

Rent Estimate

£1,125

Running Costs/mo

£818

Cashflow/mo

£307

Cashflow/yr

£3,684

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £447.5K, average is £210.3K. £1.4K/m² to £4.3K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£205K12/230 mi51, Margaret Close, Morley, Leeds, West Yorkshire LS27 8NF3
£185K12/200.05 mi13, Daisy Hill Avenue, Morley, Leeds, West Yorkshire LS27 8DL3
£170K12/200.05 mi17, Daisy Hill, Morley, Leeds, West Yorkshire LS27 8NQ3
£268.5K08/230.13 mi63, Croft House Way, Morley, Leeds, West Yorkshire LS27 8UB3
£255K06/230.13 mi22, Croft House Avenue, Morley, Leeds, West Yorkshire LS27 8NW3
£245K01/210.14 mi3, Croft House Lane, Morley, Leeds, West Yorkshire LS27 8NR3
£260K05/210.18 mi5, Croft House View, Morley, Leeds, West Yorkshire LS27 8NS3
£190K07/230.26 mi11, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NT3
£110K08/230.26 mi61, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NT3
£447.5K09/230.28 mi4, Victoria Drive, Morley, Leeds, West Yorkshire LS27 8QT3
£140K08/230.31 mi29, Albert Road, Morley, Leeds, West Yorkshire LS27 8JX3
£130K12/200.31 mi41, Albert Road, Morley, Leeds, West Yorkshire LS27 8JX3
£250K04/210.32 mi11, Harold Gardens, Morley, Leeds, West Yorkshire LS27 8HW3
£179.9K12/200.35 mi19, Denshaw Drive, Morley, Leeds, West Yorkshire LS27 8RS3
£245K02/230.35 mi83, Peel Street, Morley, Leeds, West Yorkshire LS27 8HH3
£205.3K08/210.36 mi27, Cambridge Court, Morley, Leeds, West Yorkshire LS27 8LH3
£197K04/210.36 mi148, Peel Street, Morley, Leeds, West Yorkshire LS27 8RH3
£290K07/230.37 mi11, Winterbourne Avenue, Morley, Leeds, West Yorkshire LS27 9JN3
£303K08/230.37 mi31, Winterbourne Avenue, Morley, Leeds, West Yorkshire LS27 9JN3
£168.5K06/230.37 mi120, Albert Road, Morley, Leeds, West Yorkshire LS27 8RT3
£195K12/200.38 mi22, Appleby Way, Morley, Leeds, West Yorkshire LS27 8LA3
£210K10/200.38 mi11, Appleby Way, Morley, Leeds, West Yorkshire LS27 8LA3
£174K12/200.39 mi14, Denshaw Drive, Morley, Leeds, West Yorkshire LS27 8RR3
£320K12/220.4 mi31, Hardy Street, Morley, Leeds, West Yorkshire LS27 8HU3
£170K04/210.4 mi98, Peel Street, Morley, Leeds, West Yorkshire LS27 8RN3
£210.5K02/230.41 mi10, Cambridge Court, Morley, Leeds, West Yorkshire LS27 8LH3
£161K12/200.42 mi35, Troy Road, Morley, Leeds, West Yorkshire LS27 8JF3
£340K01/210.42 mi8, Harwill Croft, Churwell, Leeds, West Yorkshire LS27 7PG3
£215K10/210.42 mi39, Harwill Rise, Churwell, Leeds, West Yorkshire LS27 7QL3
£225K08/230.42 mi71, Harwill Rise, Churwell, Leeds, West Yorkshire LS27 7QL3
£350K06/230.42 mi3, Grange Park Mews, Churwell, Leeds, West Yorkshire LS27 7RF3
£240K11/230.43 mi3, Laneside Fold, Morley, Leeds, West Yorkshire LS27 9SB3
£170K09/210.43 mi70, Ackroyd Street, Morley, Leeds, West Yorkshire LS27 8QQ3
£199.9K01/240.43 mi6, Mountcliffe View, Churwell, Leeds, West Yorkshire LS27 7PF3
£146K09/210.44 mi5, Victoria Avenue, Morley, Leeds, West Yorkshire LS27 9DX3
£310K11/210.44 mi18, Woodcross Gardens, Morley, Leeds, West Yorkshire LS27 9LW3
£225K09/210.44 mi14, Harwill Rise, Churwell, Leeds, West Yorkshire LS27 7QN3
£214K12/220.44 mi10, Harwill Rise, Churwell, Leeds, West Yorkshire LS27 7QN3
£215K05/230.44 mi12, Denshaw Grove, Morley, Leeds, West Yorkshire LS27 8SB3
£199.9K04/210.44 mi14, Harwill Road, Churwell, Leeds, West Yorkshire LS27 7QJ3
£208K10/210.44 mi35, Harwill Road, Churwell, Leeds, West Yorkshire LS27 7QJ3
£195K10/230.46 mi8, Laneside Close, Morley, Leeds, West Yorkshire LS27 9SD3
£220K01/210.47 mi78, Woodcross, Morley, Leeds, West Yorkshire LS27 9HU3
£208K12/220.47 mi188, Wide Lane, Morley, Leeds, West Yorkshire LS27 8DG3
£324K02/230.47 mi63, Woodcross, Morley, Leeds, West Yorkshire LS27 9HU3
£225K08/230.47 mi27, Albert Drive, Morley, Leeds, West Yorkshire LS27 8SE3
£195K05/210.48 mi51, Springfield Lane, Morley, Leeds, West Yorkshire LS27 9PL3
£240K01/230.48 mi5, Prospect Place, Morley, Leeds, West Yorkshire LS27 9BJ3
£192K11/230.5 mi2, Hughenden View, Morley, Leeds, West Yorkshire LS27 9PF3
£226K01/210.5 mi41, Woodcross Fold, Morley, Leeds, West Yorkshire LS27 9JW3

Local Rents

34 rents from £825/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00005/240.05 miDaisy Hill Avenue, Morley, Leeds, West Yorkshire, LS273
£95008/240.07 mi-3
£1,40001/240.12 mi-3
£97512/240.2 mi-3
£1,25005/240.26 miHowley Avenue, Churwell, Leeds, West Yorkshire, LS273
£98512/240.3 mi-3
£92506/240.3 miNew Bank Street, Morley, Leeds, LS273
£1,20005/240.3 mi-3
£1,10002/250.3 mi-3
£1,10005/240.34 miAckroyd Street, Morley, Leeds, West Yorkshire, LS273
£1,20006/240.39 miDenshaw Drive, Morley, Leeds, West Yorkshire3
£1,23009/230.39 mi-3
£82505/240.42 miJohnson Terrace Morley Leeds3
£82505/240.42 miJohnson Terrace Morley Leeds3
£1,10005/240.43 miSpringfield Road, Morley, Leeds, West Yorkshire, LS273
£99512/230.44 mi-3
£85005/240.44 miZoar Street, Morley3
£92505/240.44 miMorley, LS273
£95006/240.44 miZoar Street, Morley, LS273
£1,30005/240.45 miClark Spring Court, Morley, LEEDS3
£1,35005/240.45 miClark Spring Court, Morley, Leeds, LS273
£1,35005/240.45 miClark Spring Court, Morley, Leeds, LS273
£1,30005/240.45 miClark Spring Court, Morley, Leeds, West Yorkshire, LS273
£1,49503/240.45 mi-3
£1,35005/240.45 mi-3
£1,35005/240.45 mi-3
£1,25005/240.45 miScatcherd Mews, Morley, Leeds, West Yorkshire, LS273
£97505/240.49 miZoar Street, Morley, Leeds, LS273
£92505/240.49 miMiddleton Road Morley Leeds3
£1,20005/240.51 miTroy Road, Morley, LS273
£90006/240.53 miMiddleton Road, Morley3
£85002/240.54 miOak Street, Leeds, West Yorkshire, LS273
£1,12503/250.54 mi-3
£1,39505/240.57 miAlbert Rise, Morley, Leeds, West Yorkshire, LS273

Local Area Statistics

Population in LS27

35,679

Population in Leeds

635,166

Town centre distance

3.70 miles away

Nearest school

0.40 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £184,995

December 4, 2024

Listed for £189,995

July 22, 2024

Sold for £99,000

2004

Sold for £59,000

2002

Sold for £42,000

1996

Floor Plans

Description

  • ** CHAIN FREE** +
  • Situated on a popular cul de sac +
  • Spacious three bedroom town house +
  • Three spacious bedrooms +
  • Good sized living /dining room +
  • Off street parking +
  • Large rear garden +
  • Material Information Available – Ask agent +

CHAIN FREE This three bedroom town house is set in a pleasant cul de sac, within close proximity to schools, amenities and travel links. Ideal for a first time buyer or small family !

With PVCu double glazing and gas central heating . This property comprises in brief; small porch to the front leading through to the hallway which provides access to the first floor landing and living room. The L - shaped living room features an electric fire and surround and French doors which lead to the rear garden. The L-shape creates further room for a dining area opposite the entrance to the kitchen. The kitchen to the rear requires modernisation and is currently fit with contemporary wall and base units , integral oven , hob and extractor fan.

The first floor landing provides access to two double bedrooms, one single bedroom which enjoys a large walk in storage cupboard and family bathroom . The bathroom is larger than average with three piece white suite and electric shower above the bath.

Externally, the front garden is low maintenance for off street parking . There is access to the side of the property which leads into the large rear garden. The rear is sectioned with paved patio area directly outside the property, one side decked and the biggest third of the garden lawned with a small fence around the perimeter.

The property is in a great location for access into Leeds City The Centre with Morley enjoying links via rail and the M62 Motorway network. There are great amenities locally including a range of shops and bars. Call our Morley office to arrange your viewing, our lines are open 8am - 8pm, 7 days a week!

Agent Details

Manning Stainton, Morley

0113 519 1436

Next Steps?

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