2 Bed Semi-Detached House, Single Let, Leeds, LS16 6PT, £170,000

41 Silk Mill Road, Leeds, West Yorkshire, LS16 6PT - 4 views - 8 months ago

Sold STC
BTL
ROI: 2%
66 m²
+12 photos

ValuationUndervalued

Sold Prices£155K - £305K
Sold Prices/m²£2.1K/m² - £5.4K/m²

 

 

Square Metres

65.74 m²
Price/m²£2.6K/m²

Value Estimate

£211,760
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£775 - £1,595

Rent Estimate

£800

Running Costs/mo

£711

Cashflow/mo

£89

Cashflow/yr

£1,065

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £155K to £305K, average is £220K. £2.1K/m² to £5.4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£182.5K05/240.01 mi24, Silk Mill Bank, Leeds, West Yorkshire LS16 6PS2
£187K04/230.11 mi37, Woodnook Drive, Leeds, West Yorkshire LS16 6PG2
£155K08/210.11 mi55, Woodnook Drive, Leeds, West Yorkshire LS16 6PG2
£235K12/220.12 mi35, Woodnook Drive, Leeds, West Yorkshire LS16 6PG2
£255K08/240.13 mi9, Woodnook Garth, Leeds, West Yorkshire LS16 6PH2
£207K02/230.16 mi62, Haigh Wood Road, Leeds, West Yorkshire LS16 6PB2
£198K01/230.18 mi5, Haigh Wood Green, Leeds, West Yorkshire LS16 6PE2
£225K11/230.18 mi2, Haigh Wood Green, Leeds, West Yorkshire LS16 6PE2
£227.5K02/240.19 mi15, Holly Avenue, Leeds, West Yorkshire LS16 6PL2
£175.5K11/200.19 mi45, Holly Avenue, Leeds, West Yorkshire LS16 6PL2
£199K01/210.19 mi39, Holly Avenue, Leeds, West Yorkshire LS16 6PL2
£218K07/210.19 mi21, Holly Avenue, Leeds, West Yorkshire LS16 6PL2
£180.5K12/200.19 mi8, Tealby Close, Leeds, West Yorkshire LS16 6RS2
£205K12/210.2 mi37, Haigh Wood Road, Leeds, West Yorkshire LS16 6PD2
£220K11/210.2 mi27, Haigh Wood Road, Leeds, West Yorkshire LS16 6PD2
£193.5K07/240.21 mi65, Silk Mill Approach, Leeds, West Yorkshire LS16 6RP2
£285K12/210.23 mi195, Tinshill Lane, Leeds, West Yorkshire LS16 6EE2
£190K09/210.24 mi4, Bedford Close, Leeds, West Yorkshire LS16 6DS2
£187K03/210.25 mi3, Bridge Wood Close, Horsforth, Leeds, West Yorkshire LS18 5TR2
£246.3K01/240.25 mi127, Tinshill Lane, Leeds, West Yorkshire LS16 6DG2
£180.1K04/210.26 mi5, Bedford Close, Leeds, West Yorkshire LS16 6DS2
£293K02/210.26 mi204, Tinshill Lane, Leeds, West Yorkshire LS16 7BL2
£225K12/200.28 mi10, Oak Park Drive, Leeds, West Yorkshire LS16 6FJ2
£294K06/210.29 mi4, Blackwood Avenue, Leeds, West Yorkshire LS16 7BN2
£188K10/210.31 mi186, Low Lane, Horsforth, Leeds, West Yorkshire LS18 5QW2
£242K03/230.31 mi196, Low Lane, Horsforth, Leeds, West Yorkshire LS18 5QW2
£228.8K06/230.35 mi6, Lickless Avenue, Horsforth, Leeds, West Yorkshire LS18 5QQ2
£195K05/210.35 mi20, Woodview Close, Horsforth, Leeds, West Yorkshire LS18 5TA2
£255K12/230.35 mi1, Woodview Close, Horsforth, Leeds, West Yorkshire LS18 5TA2
£224K12/230.35 mi21, Woodview Close, Horsforth, Leeds, West Yorkshire LS18 5TA2
£155K10/200.36 mi38, Station Road, Horsforth, Leeds, West Yorkshire LS18 5NR2
£225.8K09/210.36 mi235, Low Lane, Horsforth, Leeds, West Yorkshire LS18 5QL2
£305K12/230.41 mi13, Dickinson Street, Horsforth, Leeds, West Yorkshire LS18 5AG2
£248.9K03/230.41 mi9, Dickinson Street, Horsforth, Leeds, West Yorkshire LS18 5AG2
£212K05/210.42 mi252, Low Lane, Horsforth, Leeds, West Yorkshire LS18 5DN2
£300K10/230.43 mi73, Long Row, Horsforth, Leeds, West Yorkshire LS18 5AT2
£230K07/230.44 mi21, Springfield Gardens, Horsforth, Leeds, West Yorkshire LS18 5DW2
£222K11/200.45 mi1, Eaton Hill, Leeds, West Yorkshire LS16 6SE2
£162K02/210.45 mi2, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£184K10/200.45 mi37, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£210.5K02/230.45 mi28, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£164K03/210.45 mi38, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£220K08/230.45 mi37, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£217K11/220.46 mi19, Springfield Mount, Horsforth, Leeds, West Yorkshire LS18 5DP2
£280K03/210.47 mi75, Haven Chase, Leeds, West Yorkshire LS16 6SG2
£255K02/210.47 mi57, Long Row, Horsforth, Leeds, West Yorkshire LS18 5AP2
£200K07/210.48 mi2, Springfield Walk, Horsforth, Leeds, West Yorkshire LS18 5DR2
£265K07/230.49 mi15, Springfield Walk, Horsforth, Leeds, West Yorkshire LS18 5DR2
£235K07/230.49 mi22, Springfield Walk, Horsforth, Leeds, West Yorkshire LS18 5DR2
£240K11/200.49 mi3, Woodhill Garth, Leeds, West Yorkshire LS16 7DE2

Local Rents

39 rents from £775/mo to £1.6K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,40006/240.12 miWoodnook Drive, Leeds, West Yorkshire, LS162
£92505/240.13 miHaigh Wood Road, Cookridge2
£89505/240.19 mi34 Bedford Mount, Leeds, LS16 6DP2
£82506/240.19 mi-2
£1,20004/240.23 mi-2
£1,20004/240.23 mi-2
£89506/240.24 miSilk Mill Approach, Leeds, West Yorkshire, LS162
£97502/250.26 mi-2
£97512/230.27 mi-2
£80012/240.28 mi-2
£1,10105/240.29 mi4 Alleon Court2
£77503/250.3 mi-2
£1,59505/240.3 miHorsforth Mill, Low Lane, Horsforth, Leeds2
£82012/240.31 miFlat 34, St. James Drive, Horsforth, Leeds2
£80012/240.31 mi-2
£1,09512/240.32 miApartment 9, Troy Mills, West Yorkshire, LS182
£1,10007/240.34 mi-2
£1,10006/240.34 miHaven View, Leeds, LS162
£1,20012/240.35 miLister Hill, LS182
£99501/250.35 mi-2
£89504/250.35 mi-2
£95012/240.36 miLow Lane, Horsforth, Leeds, West Yorkshire, LS182
£1,05005/240.37 mi-2
£1,29505/240.39 miLister Hill, LS182
£1,25003/240.39 miLister Hill, LS182
£90012/240.43 miLong Row, Horsforth, Leeds, West Yorkshire, LS182
£99512/240.45 mi-2
£99505/240.45 miSpringfield Mount, Horsforth, Leeds, LS182
£95005/240.46 mi-2
£95012/240.48 miSpringfield Walk, Horsforth2
£1,02010/240.5 mi-2
£85005/240.55 miOakfield Terrace, Horsforth, Leeds, LS182
£87512/240.55 miWoodville Avenue, Horsforth, Leeds2
£1,00005/240.57 miTinshill Lane, LEEDS2
£85012/240.57 miWoodville Terrace, Horsforth, Leeds, West Yorkshire, UK, LS182
£1,05005/240.58 miIveson Green, LEEDS2
£82512/240.62 miTown Street, Horsforth, Leeds, West Yorkshire, LS182
£79503/240.62 mi-2
£82503/240.62 mi-2

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

4.12 miles away

Nearest school

0.40 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £170,000

August 7, 2024

Sold for £99,000

2011

Sold for £45,000

2000

Floor Plans

Description

  • GUIDE PRICE £170,000 - £180,0000 +
  • Two Double Bedroom Semi-detached +
  • Large Corner Plot +
  • Fitted Kitchen with Utility Room +
  • Popular Location +
  • 0.5miles to Horsforth Train Station +

SUMMARY
*GUIDE PRICE £170,000 - £180,0000* A spacious two double bedroom semi-detached home sat on a generous corner plot. Horsforth train station only 0.5miles away. Internal viewing is a must to appreciate the accommodation on offer

DESCRIPTION
A spacious two double bedroom semi-detached home situated in a popular residential area close to local amenities, good transport links and schools. The accommodation briefly comprises; Entrance hall, good sized lounge, kitchen/diner and utility room to the ground floor. The first floor offers two double bedrooms, house bathroom and access to the loft providing ample storage. The property sits on a larger than average plot with garden space to three sides, mainly laid to lawn, the rear garden is tiered and mature hedges surround the border giving a good degree of privacy. Internal viewing is highly recommended to appreciate the accommodation on offer.

Silk Mill Road 

Ground Floor 

Entrance Hall 
Door to the front opens into the entrance hallway with stairs up to the first floor.

Lounge 14' 8" max x 14' 6" max ( 4.47m max x 4.42m max )
A spacious lounge with neutral decor, laminate wood flooring, feature fireplace with surround, radiator and window to the front. Internal door leads through to the kitchen.

Kitchen/Diner 13' 7" x 7' 7" ( 4.14m x 2.31m )
The fitted kitchen features a range of wall and base units with complimentary laminate work surfaces over, sink and drainer unit with mixer tap, oven with gas hob and extractor hood, space for fridge freezer, radiator and window to the rear.

Utility Room 
A useful space with laminate wood flooring, space for washing machine and tumble dryer and door to the side. Further useful cupboard.

First Floor 

Landing 
with stairs from the ground floor, window to the side and access to the loft

Bedroom One 14' 8" x 9' ( 4.47m x 2.74m )
A good sized double bedroom with radiator, useful storage cupboard and window to the front

Bedroom Two 11' 3" x 10' 4" max ( 3.43m x 3.15m max )
A second double bedroom with useful linen closet, radiator and window to the rear

Bathroom 
The bathroom comprises; Bath with shower over, low flush wc, wash basin, heated towel rail, tiled walls and window to the rear

Outside  
The property sits on a large corner plot with garden space to three sides with a tiered garden to the rear. All mainly laid to lawn with mature hedge borders allowing a degree of privacy and ideal for families and pets.

Agents Notes 
We are of the understanding that this property is of non-standard construction and is a Wimpey No Fines - this will need to be checked by your solicitor/mortgage broker

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Horsforth

0113 519 0637

Next Steps?

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