Potential 4-Bed HMO, Leeds, LS4 2LL £215,000

21 OTLEY ROAD, HEADINGLEY, LEEDS, LS6 3AA - a year ago
Sold STC
HMO
ROI: 11%
~95 m²
Property image
Property image
Property image

ValuationUndervalued

Sold Prices£160K - £366K
Sold Prices/m²£1.7K/m² - £4.8K/m²

 

 

Square Metres

~95.20 m²
Price/m²£2.3K/m²

Value Estimate

£267,370
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£13,750

Total Cash In

£67,500

 

 

Cash Out

 

Room Rate

£546

Gross Rent

£2,184

Running Costs/mo

£1,580

Cashflow/mo

£604

Cashflow/yr

£7,253

ROI

11%

Gross Yield

12%

Local Sold Prices

50 sold prices from £160K to £366K, average is £235K. £1.7K/m² to £4.8K/m², average is £2.6K/m².

Price
Date
Distance
Address
Beds
 
£210K10/240.01 mi4, Beechwood Row, Leeds, West Yorkshire LS4 2LY3
£269K12/240.05 mi10, Trenic Crescent, Headingley, Leeds LS6 3DL3
£202.5K04/250.06 mi13, Beechwood Mount, Burley, Leeds LS4 2NQ3
£202.5K04/250.06 mi13, Beechwood Mount, Burley, Leeds LS4 2NQ3
£216.5K09/230.07 mi2, Trenic Drive, Leeds, West Yorkshire LS6 3DJ3
£179K11/240.07 mi16, Beechwood Mount, Burley, Leeds LS4 2NQ3
£255K11/210.08 mi16, Trenic Drive, Leeds, West Yorkshire LS6 3DJ3
£240K09/240.08 mi71, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG3
£250K02/250.08 mi35, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG3
£218K03/240.08 mi52, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG3
£179K11/240.09 mi16, Beechwood Mount, Leeds, West Yorkshire LS4 2NQ3
£211K07/240.09 mi8, Beechwood Mount, Leeds, West Yorkshire LS4 2NQ3
£200.1K08/230.09 mi45, Beechwood Mount, Leeds, West Yorkshire LS4 2NQ3
£175K09/210.1 mi8, Lumley Terrace, Leeds, West Yorkshire LS4 2NW3
£212.5K07/250.1 mi40, Beechwood Crescent, Burley, Leeds LS4 2LL3
£362.6K03/230.13 mi62, Newport View, Leeds, West Yorkshire LS6 3BX3
£235K11/240.14 mi12, Park View Avenue, Leeds, West Yorkshire LS4 2LH3
£211K11/210.14 mi31, Park View Avenue, Leeds, West Yorkshire LS4 2LH3
£222K05/250.15 mi11, Knowle Mount, Burley, Leeds LS4 2PP3
£222K05/250.15 mi11, Knowle Mount, Burley, Leeds LS4 2PP3
£164K04/240.15 mi14, Stanmore Hill, Leeds, West Yorkshire LS4 2PW3
£268.5K06/210.16 mi17, Broomfield Road, Leeds, West Yorkshire LS6 3DE3
£241K07/210.16 mi11, Broomfield Road, Leeds, West Yorkshire LS6 3DE3
£336.9K03/250.16 mi25, Broomfield Road, Headingley, Leeds LS6 3DE3
£336.9K03/250.16 mi25, Broomfield Road, Headingley, Leeds LS6 3DE3
£366K09/240.16 mi42, Chapel Lane, Headingley, Leeds LS6 3BW3
£257K10/220.17 mi5, Knowle Avenue, Leeds, West Yorkshire LS4 2PQ3
£250K05/230.17 mi14, Village Place, Leeds, West Yorkshire LS4 2NT3
£160K07/250.18 mi24, Mayville Terrace, Hyde Park, Leeds LS6 1NB3
£210K12/230.18 mi3, Knowle Avenue, Leeds, West Yorkshire LS4 2PQ3
£264K04/230.19 mi11, Newport Crescent, Leeds, West Yorkshire LS6 3BY3
£240K03/240.2 mi12, Knowle Road, Leeds, West Yorkshire LS4 2PJ3
£190K12/230.22 mi8, St Anns Mount, Leeds, West Yorkshire LS4 2PH3
£182K03/230.22 mi31, St Anns Mount, Leeds, West Yorkshire LS4 2PH3
£250K03/230.22 mi18, St Anns Mount, Leeds, West Yorkshire LS4 2PH3
£216K02/240.22 mi13, Talbot Avenue, Leeds, West Yorkshire LS4 2PG3
£167.8K10/220.22 mi10, St Anns Mount, Leeds, West Yorkshire LS4 2PH3
£216K02/240.22 mi13, Talbot Avenue, Burley, Leeds LS4 2PG3
£216K02/240.22 mi13, Talbot Avenue, Burley, Leeds LS4 2PG3
£350K03/250.25 mi12, Broomfield Crescent, Headingley, Leeds LS6 3DD3
£235K04/250.26 mi19, Stanmore Grove, Burley, Leeds LS4 2RJ3
£235K04/250.26 mi19, Stanmore Grove, Burley, Leeds LS4 2RJ3
£225K06/240.26 mi110, Brudenell Road, Leeds, West Yorkshire LS6 1LS3
£278K01/240.28 mi27, Stanmore Crescent, Leeds, West Yorkshire LS4 2RY3
£287.5K10/240.28 mi41, Stanmore Crescent, Leeds, West Yorkshire LS4 2RY3
£265K03/220.28 mi5, Stanmore Crescent, Leeds, West Yorkshire LS4 2RY3
£240K11/220.28 mi362, Burley Road, Leeds, West Yorkshire LS4 2RG3
£290K08/220.29 mi5, St Annes Drive, Leeds, West Yorkshire LS4 2SA3
£287.5K10/240.31 mi41, Stanmore Crescent, Burley, Leeds LS4 2RY3
£330K10/220.33 mi45, Stanmore Crescent, Leeds, West Yorkshire LS4 2RY3

Local Area Statistics

Population in LS4

9,003

Population in Leeds

635,166

Town centre distance

1.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £215,000

May 15, 2025

Listed for £225,000

August 25, 2024

Floor Plans

Property image

Description

  • Well presented end back to back +
  • Two/three bedrooms +
  • House bathroom w/c & en-suite shower room w/c +
  • Close to train station & Headingley +
  • Ideal first home or investment +
  • Lovely open plan lounge & kitchen +
  • EPC Rating E +

A VERY WELL PRESENTED AND SPACIOUS TWO/THREE BEDROOMED END BACK TO BACK WITH A GARDEN OFFERED WITH NO CHAIN, IDEAL AS A FIRST HOME OR INVESTMENT, SITUATED IN THIS VERY CONVENIENT LOCATION, A SHORT WALK TO BURLEY PARK TRAIN STATION, THE CRICKET & RUGBY GROUNDS, THE EXTENSIVE AMENITIES, SHOPS, BARS & RESTAURANTS IN HEADINGLEY WITH THE UNIVERSITIES & LEEDS CITY CENTER ALSO IN EASY REACH.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
The gas centrally heated and UPVC double glazed accommodation features a stunning open plan modern kitchen and lounge with wood flooring and a bay window, a lower ground floor room, ideal as a second lounge/TV room , additional bedroom or gym, with an en-suite modern shower room w/c off. Upstairs there is a double bedroom and a spacious modern fitted bathroom with a contemporary white suite, a useful second floor landing and a further bedroom with dormer and gable end windows. Externally there is a landscaped garden with raised planted borders to the front and ample on street parking.

Internal inspection recommended to appreciate this lovely well cared for home. Please note, we have not been provided with evidence to support C4 HMO use.

Tenure – Freehold Possession – The property is intended to be vacant possession on completion.AML - Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.

Agent Details

Castlehill, Headingley

0113 519 7781

Next Steps?

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