3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 6AS, £160,000

10 Kirkdale Crescent, Wortley, Leeds, West Yorkshire, LS12 6AS - 9 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²

ValuationUndervalued

Sold Prices£105K - £275K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£164,800
BMV3%

 

 

End Value (After Refurb)

£200,058

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Refurb Costs

£36,800

Bridging Loan Interest

£4,200

Total Cash In

£88,750

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£200,058

Mortgage (After Refinance)

£150,044

Mortgage LTV

75%

Cash Released

£30,044

Cash Left In

£58,706

Equity

£50,015

Rent Range

£800 - £2,500

Rent Estimate

£1,169

Running Costs/mo

£879

Cashflow/mo

£290

Cashflow/yr

£3,480

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £105K to £275K, average is £181.5K. £1.3K/m² to £3.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£183K08/210.08 mi40, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AS3
£182K12/200.08 mi52, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AS3
£190K11/210.08 mi47, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£192K04/230.09 mi51, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£248K03/230.09 mi129, Ring Road, Lower Wortley, Leeds, West Yorkshire LS12 6LA3
£160K05/210.09 mi37, Kirkdale Terrace, Leeds, West Yorkshire LS12 6BA3
£186K07/230.1 mi6, Kirkdale Mount, Leeds, West Yorkshire LS12 6AZ3
£220K10/230.1 mi9, Kirkdale Mount, Leeds, West Yorkshire LS12 6AZ3
£219K09/230.11 mi40, Kirkdale View, Leeds, West Yorkshire LS12 6AR3
£200K07/230.11 mi46, Kirkdale View, Leeds, West Yorkshire LS12 6AR3
£170K01/240.13 mi6, Kirkdale Avenue, Leeds, West Yorkshire LS12 6AP3
£182.5K04/240.13 mi27, Kirkdale Avenue, Leeds, West Yorkshire LS12 6AP3
£245K02/230.13 mi73, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£255K09/230.18 mi28, Kirkdale Gardens, Leeds, West Yorkshire LS12 6AT3
£252K06/210.18 mi20, Kirkdale Gardens, Leeds, West Yorkshire LS12 6AT3
£147K12/200.19 mi397, Whitehall Road, Leeds, West Yorkshire LS12 6LB3
£152.5K09/210.19 mi409, Whitehall Road, Leeds, West Yorkshire LS12 6LB3
£179.9K09/210.22 mi29, Kirkdale Grove, Leeds, West Yorkshire LS12 6AU3
£178K08/210.22 mi28, Ryedale Avenue, Leeds, West Yorkshire LS12 4TQ3
£130K05/210.22 mi26, Whitehall Green, Leeds, West Yorkshire LS12 5LT3
£145K04/210.24 mi362, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£171.8K03/210.24 mi364, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£180K06/230.24 mi362, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£240K04/230.26 mi19, Walkers Green, Leeds, West Yorkshire LS12 4UN3
£265K03/230.27 mi50, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE3
£275K06/230.27 mi62, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE3
£105K05/230.29 mi20, Bangor Terrace, Leeds, West Yorkshire LS12 5PS3
£185K06/210.3 mi20, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£255K11/230.3 mi18, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£175K03/230.3 mi27, Walkers Lane, Leeds, West Yorkshire LS12 4AP3
£105K12/200.31 mi15, Bangor Place, Leeds, West Yorkshire LS12 5PP3
£162.5K02/230.33 mi29, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£107K03/210.33 mi6, Fawcett Close, Leeds, West Yorkshire LS12 4UJ3
£220K04/230.34 mi15, Fawcett Lane, Leeds, West Yorkshire LS12 4PG3
£190K08/230.35 mi18, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£171K10/200.35 mi4, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£129.5K01/210.35 mi22, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£228K06/210.35 mi67, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£143K11/200.35 mi45, Portland Road, Leeds, West Yorkshire LS12 4LT3
£143K12/200.35 mi85, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£181K12/200.35 mi29, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£115K03/210.35 mi21, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£188K06/230.36 mi8, Kellett Mount, Leeds, West Yorkshire LS12 4AJ3
£183K05/210.36 mi22, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£186K02/210.36 mi21, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£125K08/230.37 mi3, Fawcett Road, Leeds, West Yorkshire LS12 4UL3
£210K10/230.37 mi20, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£171K02/210.37 mi24, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£178K05/210.37 mi220, Whitehall Road, Leeds, West Yorkshire LS12 4AR3
£170K06/210.37 mi230, Whitehall Road, Leeds, West Yorkshire LS12 4AR3

Local Rents

12 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£2,34901/250.06 mi-3
£80002/240.08 mi-3
£1,25005/240.09 miRing Road, Lower Wortley, Leeds3
£1,25904/240.31 mi-3
£1,05006/240.37 miKellett Walk, Wortley, Leeds3
£99505/240.39 miBlackpool Place, Leeds, West Yorkshire3
£89505/240.43 miGreenside Close, Leeds, West Yorkshire3
£89505/240.43 miGreenside Close, Leeds, West Yorkshire3
£85005/240.54 miPinder Street, Leeds, West Yorkshire3
£1,20003/250.59 mi-3
£1,20005/240.6 miWaveney Road, Leeds, West Yorkshire, LS123
£2,50005/240.61 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.21 miles away

Nearest school

0.30 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £160,000

August 2, 2024

Description

  • Three Bedroom Semi Detached +
  • Modernisation & Updating Required +
  • Corner Plot Garden +
  • DG & Gas CH +
  • Off Street Parking & Single Detached Garage +
  • Two Reception Rooms +
  • Popular Location +
  • Conveniently Located for Access to Leeds / Motorway Networks +
  • Early Internal Viewing Advised: +
  • EPC Rating: tbc / Council Tax Band: B +

This property would make an ideal purchase for a buyer wishing to bring up to date a TRADITIONAL THREE BEDROOM SEMI DETACHED situated in one of the more popular and established residential areas of Wortley. Although the property has DOUBLE GLAZING and GAS CH it would benefit from being REFURBISHED and MODERNISED THROUGHOUT.

The property comprises of an ENTRANCE HALLWAY with stairs rising to the first floor, a LIVING ROOM with an original fireplace and hearth and a window overlooking the front garden, a separate DINING ROOM with an original fireplace and hearth, a KITCHEN with some fitted cabinets and worksurfaces and and external door giving access to the side garden, TWO DOUBLE BEDROOMS (one of which has a range of built-in storage cupboards), a further SINGLE BEDROOM and a BATHROOM / WC with a shower over the bath.

Externally the property has ESTABLISHED GARDENS to the front and rear. Being a CORNER PLOT the front garden is a good size. A gated DRIVEWAY provides useful OFF STREET PARKING and access to a SINGLE DETACHED GARAGE.

Local amenities are within walking distance. Leeds City centre, the motorway networks and the Outer Ring Road are a short drive away. Early internal viewing is highly recommended and can be arranged by contacting the office on Lower Wortley Road.

EPC Rating: D / Council Tax Band: B

Ground Floor: -

Hallway: - Access via a part glazed front entrance door, double glazed windows, stairs rising to the first floor, central heating radiator

Living Room: - Double glazed window, television point, central heating radiator, a fireplace and hearth with a gas fire

Dining Room: - Double glazed window, central heating radiator, a fireplace and hearth with a gas fire

Fitted Kitchen: - Double glazed window, a side entrance door giving access to the garden, a range of wall, drawer & base units, work surfaces, built under electric oven / grill, gas hob, extractor hood, plumbing for an automatic washing machine, space for a fridge / freezer

First Floor: -

Landing: - Access to the first floor accommodation and to the loft space, double glazed window

Bedroom One: - Double glazed window, central heating radiator, original fireplace

Bedroom Two: - Double glazed window, central heating radiator, built in storage

Bedroom Three: - Double glazed window, central heating radiator

Bathroom / Wc: - Double glazed window, a three piece coloured suite comprising if a panelled bath with an electric shower above, wash basin, low flush WC

To The Outside: -

Gardens: - Being on a corner plot the property benefits from having a large front garden which has two lawn areas and beds containing a variety of shrubs and planting. The rear garden is enclosed. There is access to under-house storage from the side and rear of the property

Off Street Parking & Single Garage: - A gated driveway provides useful off street parking and access to a single detached garage

Epc Link: -

Epc Rating & Council Tax Band: - EPC Rating: D / Council Tax Band: B

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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