2 Bed Flat, Single Let, Leeds, LS7 4HD, £147,000

Chestnut Court, Chapel Allerton, LS7 4HD - 7 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£77K - £375K
Sold Prices/m²£1.5K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£169,161
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,750

Stamp Duty & Legal Fees

£8,990

Total Cash In

£45,740

 

 

Cash Out

 

Rent Range

£695 - £1,495

Rent Estimate

£790

Running Costs/mo

£637

Cashflow/mo

£153

Cashflow/yr

£1,832

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £77K to £375K, average is £165.3K. £1.5K/m² to £8.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£200K12/200.02 mi20, Teale Court, Leeds, West Yorkshire LS7 4AY2
£210K02/230.03 mi6, Teale Drive, Leeds, West Yorkshire LS7 4SW2
£190.1K03/210.03 mi50, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£205K03/230.03 mi32, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£195K01/210.03 mi34, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£188K09/210.04 mi59, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£190K03/210.06 mi1, Oldfield Court, Leeds, West Yorkshire LS7 4SZ2
£140.3K03/230.23 mi53, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£130.5K09/210.23 mi30, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£125K12/200.23 mi12, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£107.5K10/230.23 mi37, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£138.5K04/240.23 mi13, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£115.5K04/210.23 mi19, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£140K09/210.23 mi38, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£180K06/230.26 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£135K03/230.34 mi8, Mount Pleasant Gardens, Leeds, West Yorkshire LS8 4EH2
£321K01/230.34 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£132.5K11/230.38 mi12, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£130K08/230.38 mi20, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£129K02/210.38 mi2, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£171K10/230.41 mi20, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£137.9K01/210.41 mi9, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£190K09/220.44 miFlat 6, The Coach House Chapel Allerton Hall, King George Avenue, Chapel Allerton, Leeds, West Yorkshire LS7 4NP2
£140K09/210.44 mi46, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£150.5K02/210.44 mi10, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£155K12/200.44 mi6, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£153K03/230.44 mi66, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£210K05/230.45 miFlat 3, Ivy Court, Church Lane, Chapel Allerton, Leeds, West Yorkshire LS7 4LY2
£205K01/240.52 mi14, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£255K09/220.52 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£165.5K04/210.52 mi2, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£170.1K02/210.52 mi6, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£151K10/200.52 mi10, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£97.5K07/230.57 mi31, Potternewton Heights, Leeds, West Yorkshire LS7 3DD2
£105K03/210.57 miFlat 6, Well House Court, Well House Road, Leeds, West Yorkshire LS8 4BS2
£375K06/230.57 miFlat 10, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£300K11/200.57 miFlat 9, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£250K01/240.57 miFlat 17, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£77K04/210.61 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£100K08/210.64 mi4, King Edwins Court, Leeds, West Yorkshire LS8 4DA2
£125K10/200.64 mi39, Lincombe Rise, Leeds, West Yorkshire LS8 1QH2
£235K03/210.73 miApartment 9, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£270K05/230.73 miApartment 17, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£217K01/230.73 miFlat C, 81, Harrogate Road, Leeds, West Yorkshire LS7 3QE2
£165K12/220.73 miFlat B, 81, Harrogate Road, Leeds, West Yorkshire LS7 3QE2
£120K10/200.76 mi18, Brackenwood Green, Leeds, West Yorkshire LS8 1PY2
£235K06/210.78 mi15, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£182.5K04/240.78 mi4, First Floor Flat, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£174K03/210.78 miFirst Floor Flat, 4, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£135K10/200.79 mi7, Borrough View, Leeds, West Yorkshire LS8 1LS2

Local Rents

50 rents from £695/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,15006/240.03 miCharnley Drive, Chapel Allerton, Leeds, LS72
£1,10006/240.04 miCharnley Drive, Leeds2
£1,05002/250.05 mi-2
£1,25005/240.08 miRoxholme Grove, Chapel Allerton, Leeds, LS72
£1,10005/240.08 miMansion View, Chapel Allerton, LS72
£90004/250.08 miChestnut Court, Harehills Lane, Leeds2
£1,07503/250.08 mi-2
£1,12505/240.13 miHarehills Lane, Leeds, West Yorkshire, LS72
£1,35005/240.2 miHollybank Apartments, Chapel Allerton, Leeds2
£95005/240.2 miNewton Hill Court, Chapeltown Road, Chapel Allerton, Leeds, LS72
£1,35005/240.2 miChapeltown Road, Leeds, West Yorkshire, LS72
£1,10006/240.23 miNewton Road, Leeds, West Yorkshire, LS72
£85005/240.23 mi-2
£85005/240.23 miNewton Park Court, Leeds, LS72
£85003/250.23 mi-2
£85005/240.24 mi-2
£85002/240.25 mi-2
£85005/240.26 miGarmont Road, Chapel Allerton, Leeds, LS72
£85005/240.26 miNewton Park Court, Leeds, West Yorkshire, UK, LS72
£1,49505/240.3 miGarmont Court, Garmont Road, Chapel Allerton2
£1,39012/240.32 mi-2
£85001/250.34 mi-2
£92505/240.35 mi-2
£97502/250.36 mi-2
£95005/240.37 miV2 Mansions, Chapeltown Road2
£98005/240.37 miV2 Mansions , Chapeltown Road2
£1,00005/240.37 miChapeltown Road, LEEDS2
£99503/250.38 mi-2
£1,25005/240.39 miHarehills Lane, LEEDS2
£1,20003/250.41 mi-2
£77505/240.41 miRoundhay Place, Leeds, West Yorkshire, UK, LS82
£82503/240.41 miGledhow Wood Close, Leeds, West Yorkshire, LS82
£1,10005/240.43 miMethley Terrace, Chapel Allerton, Leeds, LS72
£85005/240.44 miGledhow Wood Close, Roundhay, Leeds2
£1,20005/240.44 miChapel Allerton Hall, King George Avenue, Leeds, LS7 4NP2
£1,15011/240.45 mi-2
£1,10003/250.45 mi-2
£90005/240.49 miHares Terrace, Leeds, West Yorkshire, LS82
£1,29505/240.52 miHarrogate Road, Chapel Allerton, Leeds, LS72
£1,00005/240.53 miGledhow Lane, Leeds, LS82
£1,00005/240.53 mi-2
£79506/240.53 miMarkham Avenue, Leeds, LS82
£99505/240.56 miThe Hawthorns, 6 Well Lane, Chapel Allerton, Leeds2
£80006/240.56 miHarehills Avenue, Leeds, LS82
£85003/240.57 miHarehills Lane, Leeds, West Yorkshire, LS82
£1,10002/250.57 mi-2
£69505/240.57 miWell House Court, Well House Road, Leeds, LS82
£1,20005/240.58 miScott Hall Grove, Leeds2
£1,15005/240.6 mi-2
£1,15003/250.6 mi-2

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.89 miles away

Nearest school

0.20 miles away

Nearest train station

2.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £147,000

March 12, 2025

Listed for £150,000

August 23, 2024

Floor Plans

Description

  • Two spacious double bedrooms +
  • Situated on the third floor +
  • Lovely lounge with a seperate kitchen +
  • Modern bathroom and kitchen +
  • Ideal for first time buyers and investors +
  • Excellent location +
  • Garage offering parking or storage space +
  • Communal car park +

Welcome to Chestnut Court, a well-presented two-bedroom flat situated on the third floor of this desirable development in the heart of Chapel Allerton. This property will be ideal for first time buyers, investors and downsizers.

Located in the vibrant and sought-after suburb of Chapel Allerton, Chestnut Court offers residents a prime location with access to a wealth of local amenities. Chapel Allerton is renowned for its lively atmosphere, with a diverse range of independent shops, cafes, bars, and restaurants just a short walk away. The area also boasts excellent healthcare facilities, including a nearby GP surgery and dental practices.

For those who enjoy the outdoors, Chapel Allerton Park is just around the corner, offering beautiful green spaces, tennis courts, and a playground. The area is also well-connected with frequent bus services to Leeds city center, making it easy to enjoy all that the city has to offer. Additionally, the nearby A61 provides convenient access to the motorway network, making this an ideal location for commuters.

With its excellent amenities, strong community feel, and convenient transport links, Chapel Allerton is one of Leeds' most desirable suburbs, and Chestnut Court offers a fantastic opportunity to be part of this thriving community.

The property is situated on the third floor and can be accessed via a communal entrance hallway and stairs. The property itself offers ready to move into accommodation with neutral décor and spacious living accommodation that benefits from a separate kitchen. The property briefly comprises;

A generously proportioned entrance with a storage cupboard housing the central heating tank.

A bright and spacious lounge with a pleasant view of the front elevation.

The kitchen offers a range of fitted base and wall mounted units, sink and drainer, electric oven and hob and space for fridge freezer and a washing machine.

The Master bedroom is a spacious double room offering a view of the rear elevation.

Bedroom two is generous sized double bedroom that could also be used as a fantastic home office for anyone working from home.

Externally the property has a garage offering ample storage space or parking.

Early viewing is recommended to avoid disappointment. This property would be well suited for a first time buyer, professional couple or investor looking to add to their portfolio.

Agent Details

The Home Movement, Leeds

0113 519 0785

Next Steps?

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