2 Bed Flat, Single Let, Leeds, LS9 8FL, £140,000

Echo Central, Cross Green Lane, Leeds, West Yorkshire, LS9 8FL - 7 months ago

Leasehold

BTL

ROI: 9%

~62 m²

+16 photos

ValuationUndervalued

Sold Prices	£80K - £400K
Sold Prices/m²	£1.2K/m² - £4K/m²

Square Metres	~62.25 m²
Price/m²	£2.2K/m²
Value Estimate	£169,400£169,400
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£8,500£8,500
Total Cash In	£43,500£43,500

Cash Out
Rent Range	£895 - £4,750£895 - £4,750
Rent Estimate	£975
Running Costs/mo	£653£653
Cashflow/mo	£323£323
Cashflow/yr	£3,870£3,870
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

46 sold prices from £80K to £400K, average is £190K. £1.2K/m² to £4K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£165K	04/21	0.06 mi	36, Bouverie Court, Leeds, West Yorkshire LS9 8LB	£2,048	81	2	Flat
£150K	09/22	0.06 mi	14, Bouverie Court, Leeds, West Yorkshire LS9 8LB	£2,204	68	2	Flat
£160K	11/20	0.07 mi	40, Bouverie Court, Leeds, West Yorkshire LS9 8LB	£2,581	62	2	Flat
£155K	11/20	0.07 mi	8, Bouverie Court, Leeds, West Yorkshire LS9 8LB	£3,974	39	2	Flat
£400K	05/21	0.08 mi	Flat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU	-	-	2	Flat
£234.7K	01/24	0.25 mi	Apartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY	£3,260	72	2	Flat
£170K	04/21	0.33 mi	B17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE	£2,982	57	2	Flat
£170K	10/23	0.34 mi	Flat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU	-	-	2	Flat
£190K	01/23	0.34 mi	Flat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT	-	-	2	Flat
£85K	06/21	0.34 mi	1, Copperfield Place, Leeds, West Yorkshire LS9 0BT	£1,214	70	2	Flat
£255K	10/22	0.35 mi	14, Turlow Court, Leeds, West Yorkshire LS9 8PA	£3,592	71	2	Flat
£363K	08/23	0.35 mi	48, Turlow Court, Leeds, West Yorkshire LS9 8PA	£3,457	105	2	Flat
£189.5K	03/23	0.35 mi	29, Turlow Court, Leeds, West Yorkshire LS9 8PA	£4,032	47	2	Flat
£165.5K	11/21	0.35 mi	5, Turlow Court, Leeds, West Yorkshire LS9 8PA	£3,123	53	2	Flat
£180K	09/23	0.35 mi	3, Turlow Court, Leeds, West Yorkshire LS9 8PA	£2,857	63	2	Flat
£200K	06/23	0.35 mi	36, Turlow Court, Leeds, West Yorkshire LS9 8PA	£4,000	50	2	Flat
£178K	02/23	0.38 mi	Apartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR	-	-	2	Flat
£195K	12/22	0.38 mi	Apartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ	-	-	2	Flat
£240K	11/22	0.38 mi	Apartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR	-	-	2	Flat
£195K	09/23	0.38 mi	Apartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ	-	-	2	Flat
£192K	01/21	0.51 mi	37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,765	51	2	Flat
£185K	12/20	0.51 mi	16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,504	53	2	Flat
£207.8K	05/21	0.51 mi	32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF	£3,241	64	2	Flat
£205K	08/23	0.52 mi	24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA	£3,417	60	2	Flat
£200K	03/21	0.6 mi	Apartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT	-	-	2	Flat
£180K	07/23	0.6 mi	Apartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT	-	-	2	Flat
£270K	03/23	0.6 mi	Apartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT	-	-	2	Flat
£200K	06/23	0.6 mi	Apartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN	-	-	2	Flat
£190K	08/23	0.61 mi	73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB	£3,167	60	2	Flat
£195K	03/24	0.61 mi	59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB	£3,482	56	2	Flat
£185K	01/23	0.63 mi	63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB	£3,491	53	2	Flat
£129.5K	02/24	0.64 mi	54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY	£2,655	49	2	Flat
£255K	07/24	0.68 mi	3, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,542	72	2	Flat
£164K	07/21	0.68 mi	44, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,154	52	2	Flat
£193.5K	12/20	0.68 mi	19, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,779	51	2	Flat
£195K	01/23	0.68 mi	11, Riverside Court, Leeds, West Yorkshire LS1 7BU	£3,250	60	2	Flat
£128K	01/23	0.76 mi	23, Gabriel Court, Leeds, West Yorkshire LS10 1DH	£2,286	56	2	Flat
£215K	11/22	0.9 mi	Apartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£262.5K	01/23	0.9 mi	Apartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£232.5K	03/22	0.9 mi	Apartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT	-	-	2	Flat
£250K	03/23	0.9 mi	Apartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB	-	-	2	Flat
£100K	08/22	0.96 mi	46, Admiral Street, Leeds, West Yorkshire LS11 5NG	£1,786	56	2	Flat
£110K	06/22	0.96 mi	44, Admiral Street, Leeds, West Yorkshire LS11 5NG	£2,402	46	2	Flat
£80K	06/23	0.97 mi	64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH	-	-	2	Flat
£93K	07/22	0.97 mi	32, Admiral Street, Leeds, West Yorkshire LS11 5NG	-	-	2	Flat
£107K	10/20	0.97 mi	14, Admiral Street, Leeds, West Yorkshire LS11 5NG	£2,403	45	2	Flat

Local Rents

50 rents from £895/mo to £4.8K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,995	05/24	0 mi	Echo Central One Cross Green Lane City Centre	2	Flat
£1,100	05/24	0 mi	Echo Central One, Cross Green Lane	2	Flat
£1,100	05/24	0 mi	Echo Central One	2	Flat
£950	05/24	0 mi	Echo Central One	2	Flat
£2,800	03/25	0 mi	-	2	Flat
£1,300	05/24	0 mi	Echo Central One	2	Flat
£995	12/24	0 mi	-	2	Flat
£995	03/25	0 mi	-	2	Flat
£1,095	03/25	0 mi	-	2	Flat
£2,450	05/24	0.01 mi	Flat 47 Echo Central 1, Cross Green Lane, Leeds	2	Flat
£1,025	05/24	0.03 mi	Cross Green Lane, Leeds	2	Flat
£995	02/25	0.03 mi	-	2	Flat
£895	05/24	0.03 mi	Echo Central, City Centre, Leeds, LS9	2	Flat
£975	05/24	0.03 mi	Echo Central Two, Cross Green Lane, Leeds, West Yorkshire, UK, LS9	2	Flat
£1,100	05/24	0.03 mi	Echo Central Two, Cross Green Lane, Leeds, LS9	2	Flat
£2,438	05/24	0.03 mi	Cross Green Lane, Leeds, West Yorkshire, LS9	2	Flat
£2,250	03/25	0.03 mi	-	2	Flat
£3,000	05/24	0.03 mi	-	2	Flat
£4,500	12/24	0.03 mi	-	2	Flat
£1,150	05/24	0.03 mi	X1 Aire, Cross Green Lane, Leeds	2	Flat
£2,295	02/24	0.03 mi	-	2	Flat
£2,295	05/24	0.03 mi	-	2	Flat
£2,500	12/24	0.03 mi	-	2	Flat
£1,800	03/25	0.03 mi	-	2	Flat
£995	01/24	0.03 mi	-	2	Flat
£1,100	06/24	0.03 mi	Echo Central Two, Cross Green Lane	2	Flat
£1,050	05/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£1,050	05/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£1,100	05/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£1,025	05/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£1,300	06/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£1,000	06/24	0.04 mi	Aire, Cross Green Lane, LS9	2	Flat
£3,000	05/24	0.04 mi	-	2	Flat
£2,150	05/24	0.04 mi	-	2	Flat
£4,500	12/24	0.04 mi	-	2	Flat
£4,500	12/24	0.04 mi	-	2	Flat
£2,250	01/25	0.04 mi	-	2	Flat
£2,250	03/25	0.04 mi	-	2	Flat
£975	05/24	0.04 mi	Aire, Cross Green Lane, Leeds, LS9	2	Flat
£1,300	05/24	0.04 mi	Aire, Cross Green Lane, Leeds, LS9 8BJ	2	Flat
£1,400	05/24	0.05 mi	Aire Lofts, Climate Innovation District	2	Flat
£1,025	05/24	0.05 mi	Bouverie Court, Leeds, West Yorkshire, LS9	2	Flat
£995	05/24	0.06 mi	Bouverie Court, Cross Green Lane	2	Flat
£1,050	05/24	0.06 mi	-	2	Flat
£3,000	12/24	0.06 mi	-	2	Flat
£925	03/25	0.06 mi	-	2	Flat
£4,750	03/25	0.06 mi	-	2	Flat
£1,050	05/24	0.06 mi	Bouverie Court, Leeds, West Yorkshire, LS9	2	Flat
£1,050	05/24	0.07 mi	Echo Central 1, Leeds, LS9	2	Flat
£1,050	05/24	0.07 mi	Echo Central 1, Leeds, LS9	2	Flat

Local Area Statistics

Population in LS9	37,37637,376
Population in Leeds	635,166635,166
Town centre distance	1.40 miles away1.40 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.90 miles away0.90 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+39%+39%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Price changed to £140,000

March 16, 2025

Price changed to £145,000

December 27, 2024

Listed for £150,000

September 12, 2024

Floor Plans

Description

Immaculate Throughout +
NO CHAIN +

This superb twelfth floor two bedroom Duplex apartment with stunning views of Leeds comes with a delightful open plan Kitchen/Lounge area with built in appliances and a modern bathroom suite with useful storage to the ground floor.

To the first floor Two Double bedrooms with the master bedroom boasting an en suite shower room complete the vast amount of accommodation on offer.

Echo central is located just a short walk from the Restaurants and the Bars in Leeds and the excellent transport links and motorway networks to the surrounding areas.

Ground rent: £200.00
Service charge quarterly: £763.97
Length of lease: 150 years from January 1999
Lease start date: January 1999

Agent Details

Bradleys Real Estate, Pontefract

01977 805067

Next Steps?

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

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