2 Bed Flat, Single Let, Leeds, LS12 5NP, £100,000

354 Whitehall Road, Leeds, West Yorkshire, LS12 5NP - 4 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 9%
49 m²
+2 photos

ValuationOvervalued

Sold Prices£58K - £158K
Sold Prices/m²£982/m² - £2.6K/m²

 

 

Square Metres

49.17 m²
Price/m²£2K/m²

Value Estimate

£93,184

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£675 - £1,250

Rent Estimate

£700

Running Costs/mo

£473

Cashflow/mo

£228

Cashflow/yr

£2,730

ROI

9%

Gross Yield

8%

Local Sold Prices

40 sold prices from £58K to £158K, average is £95K. £982/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£93K09/230.04 mi31, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K10/200.04 mi19, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£85K03/230.04 mi12, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K12/210.04 mi4, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£88K02/240.04 mi42, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K09/230.04 mi20, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£84K11/220.04 mi30, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£90K12/220.04 mi32, Whitehall Croft, Leeds, West Yorkshire LS12 5NJ2
£98K03/210.07 mi75, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£89K03/210.07 mi17, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£95K12/200.07 mi12, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£99K01/230.07 mi12, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£100K01/230.07 mi33, Whitehall Green, Leeds, West Yorkshire LS12 5LT2
£90K01/240.08 mi11, Whitehall Drive, Leeds, West Yorkshire LS12 5LW2
£75K12/230.09 mi320, Whitehall Road, Leeds, West Yorkshire LS12 5NP2
£92.5K11/210.09 mi342, Whitehall Road, Leeds, West Yorkshire LS12 5NP2
£120K08/230.19 mi22, Iron Stone Drive, Leeds, West Yorkshire LS12 6LF2
£158K10/220.19 mi18, Iron Stone Drive, Leeds, West Yorkshire LS12 6LF2
£90K11/220.2 mi21, Branch Road, Lower Wortley, Leeds, West Yorkshire LS12 5NR2
£130K07/210.21 mi89, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE2
£85K10/230.23 mi45, Cow Close Road, Leeds, West Yorkshire LS12 5NU2
£124K04/210.34 mi25, Rutland Court, Leeds, West Yorkshire LS12 6BU2
£90K10/210.48 mi19, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£58K03/230.48 mi16, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£60K09/220.76 mi17, Hardrow Road, Leeds, West Yorkshire LS12 4BX2
£116.3K09/230.78 mi18, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£112K01/230.78 mi14, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£106.4K01/210.78 mi26, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£116K09/230.78 mi36, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£108K11/220.78 mi38, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£65K04/230.8 mi14, Thornhill Place, Leeds, West Yorkshire LS12 4LQ2
£70K06/230.82 mi2, Privilege Street, Leeds, West Yorkshire LS12 4LN2
£110K09/230.82 mi25, Blue Hill Lane, Leeds, West Yorkshire LS12 4WD2
£120K06/230.9 mi22, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£97.5K03/210.9 mi26, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£120K11/230.9 mi24, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£105K12/220.91 mi19, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£114K11/220.92 mi17, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£96.5K08/210.95 mi26, Tavistock Park, Leeds, West Yorkshire LS12 4DD2
£95K10/210.95 mi8, Tavistock Park, Leeds, West Yorkshire LS12 4DD2

Local Rents

21 rents from £675/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£79505/240.03 miWhitehall Road, Lower Wortley2
£70005/240.07 miWhitehall Green, Leeds, West Yorkshire2
£75005/240.08 miWhitehall Drive, Leeds, West Yorkshire2
£67505/240.13 miWhitehall Road, Farnley, Leeds2
£75006/240.18 miBangor Street, Lower Wortley, Leeds, LS12 5PN2
£82505/240.2 miLytham Place, Leeds2
£69505/240.23 miSteel Green, New Farnley, Leeds2
£1,10002/250.28 mi-2
£1,25005/240.29 miFawcett Lane, Leeds2
£1,10006/240.31 miE Cliff House, 8 Cliff Oaks, Fawcett Lane, Leeds, West Yorkshire2
£80002/250.31 mi-2
£90003/250.36 mi-2
£75006/240.36 miWestern Mount, Leeds, LS12 4SU2
£1,15003/250.4 mi-2
£75005/240.4 miWhitstable Mews, Lower Wortley, Leeds, LS122
£82505/240.46 miLower Wortley Road, Wortley, Leeds2
£89505/240.56 miScott Chase, Leeds, LS122
£89503/240.56 miScott Chase, Leeds, LS122
£1,00012/240.57 mi-2
£80002/240.61 mi-2
£80005/240.61 mi-2

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.25 miles away

Nearest school

0.20 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £100,000

August 21, 2024

Sold for £99,950

2009

Floor Plans

Description

  • First floor +
  • Two bedrooms +
  • Allocated parking +
  • Vacant and chain free +
  • Ideal for investors or first time buyers +
  • Central Leeds location +

*Now vacant and chain free* A fantastic, two bedroom first floor apartment situated in the popular area of Armley. Ideally situated in close reach of transport links and local amenities, this lovely flat would be perfect for professionals or investors.

A two bedroom first floor apartment located in a central Leeds location. Accommodation comprises of a generous reception, two bedrooms, separate kitchen and main bathroom. This property comes with an allocated parking space and would be ideal for either first time buyers or alternatively investors looking to rent out to sharers. Now vacant and chain free, viewings are highly recommended.

Location
Armley is a residential district in Leeds which was historically built for millworkers due to Leeds’ historic involvement in textiles. Located in South Leeds, Armley is less than a mile from Leeds city centre which makes commuting to the city centre which has the largest train station in the North of England very convenient. Armley also has fantastic road links and easy access to the motorways and bus links too for commuting. There are communal green spaces to be found throughout and there is easy access to shopping centres and smaller local shops along the high street too. There are good primary and secondary schools close by and there are remnants of Armley’s historic past in the form of many stone mills from the industrial revolution and monuments like St Bartholomew’s Church too.

Agents Notes
We are advised that this property is leasehold and will be sold as such. We are also advised that the following information is accurate.
Length of lease remaining - 106 years (125 years from 2005)
Ground Rent - £270 per annum
Service Charge (approx) - £1,037 per annum
The EPC - TBC
Council tax - Band A

Agent Details

Linley & Simpson, Pudsey

0113 519 4012

Next Steps?

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