2 Bed Terraced House, Cash/Bridging Only, Leeds, LS10 3DB, £95,000

Westbury Mount, Leeds, West Yorkshire, LS10 3DB - 10 views - 8 months ago

Sold STC
Cash
ROI: 11%
~68 m²
+5 photos

ValuationFair Value

Sold Prices£83K - £240K
Sold Prices/m²£954/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£96,900

 

 

End Value (After Refurb)

£135,289

Uplift in Value

+42%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Refurb Costs

£27,200

Bridging Loan Interest

£2,494

Total Cash In

£59,244

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£135,289

Mortgage (After Refinance)

£101,467

Mortgage LTV

75%

Cash Released

£30,217

Cash Left In

£29,027

Equity

£33,822

Rent Range

£695 - £2,550

Rent Estimate

£1,220

Running Costs/mo

£687

Cashflow/mo

£533

Cashflow/yr

£6,399

ROI

11%

Gross Yield

15%

Local Sold Prices

51 sold prices from £83K to £240K, average is £140K. £954/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£130K11/220 mi57, Westbury Place South, Leeds, West Yorkshire LS10 3DA2
£110K09/230.01 mi96, Westbury Place South, Leeds, West Yorkshire LS10 3DA2
£96K08/240.04 mi39, Westbury Street, Leeds, West Yorkshire LS10 3BZ2
£100K03/210.07 mi10, Parnaby Street, Leeds, West Yorkshire LS10 3BX2
£155K12/220.07 mi7, Parnaby Street, Leeds, West Yorkshire LS10 3BX2
£160K04/240.1 mi11, Westbury Place North, Leeds, West Yorkshire LS10 3DE2
£167K06/230.1 mi5, Clayton Close, Leeds, West Yorkshire LS10 2HA2
£146K04/210.24 mi96, Woodhouse Hill Road, Leeds, West Yorkshire LS10 2EG2
£125K09/230.31 mi67, East Grange Rise, Leeds, West Yorkshire LS10 3EE2
£131K04/230.37 mi18, Leasowe Close, Leeds, West Yorkshire LS10 2HS2
£123K12/200.37 mi1, East Grange Square, Leeds, West Yorkshire LS10 3EN2
£155K11/230.38 mi14, Sandon Mount, Leeds, West Yorkshire LS10 2DT2
£123K01/210.39 mi11, Woodville Grove, Leeds, West Yorkshire LS10 3ER2
£145.5K01/230.41 mi83, Belle Isle Road, Leeds, West Yorkshire LS10 3EG2
£140K09/210.45 mi100, Belle Isle Road, Leeds, West Yorkshire LS10 3AF2
£107K03/210.48 mi7, Telford Street, Leeds, West Yorkshire LS10 2HN2
£129.9K10/210.48 mi14, Sussex Green, Leeds, West Yorkshire LS10 2LB2
£160K07/240.5 mi10, Highlands Grove, Leeds, West Yorkshire LS10 4RR2
£155K11/210.52 mi11, Middlecroft Close, Leeds, West Yorkshire LS10 4QY2
£138K11/210.53 mi14, Orion Walk, Leeds, West Yorkshire LS10 3HX2
£140K03/230.53 mi46, Winrose Avenue, Leeds, West Yorkshire LS10 3AL2
£140K01/210.56 mi8, Middlecroft Road, Leeds, West Yorkshire LS10 4QZ2
£140K09/210.56 mi27, Middlecroft Road, Leeds, West Yorkshire LS10 4QZ2
£167K02/230.57 mi19, West Grange Road, Leeds, West Yorkshire LS10 3AP2
£161K03/230.6 mi26, West Grange Road, Leeds, West Yorkshire LS10 3AW2
£187.5K08/230.6 mi14, West Grange Road, Leeds, West Yorkshire LS10 3AW2
£175K10/230.6 mi6, West Grange Gardens, Leeds, West Yorkshire LS10 3AT2
£160K09/230.6 mi125, Winrose Avenue, Leeds, West Yorkshire LS10 3AB2
£155K04/230.6 mi120, Winrose Avenue, Leeds, West Yorkshire LS10 3AB2
£155K07/240.6 mi1, Royal Drive, Leeds, West Yorkshire LS10 2RP2
£110K12/200.61 mi51, Winrose Garth, Leeds, West Yorkshire LS10 3HR2
£111K12/200.62 mi35, Royal Grove, Leeds, West Yorkshire LS10 2LE2
£115K11/200.63 mi63, Old Run Road, Leeds, West Yorkshire LS10 3AZ2
£122.5K01/210.63 mi4, Lea Park Close, Leeds, West Yorkshire LS10 4RG2
£150K01/230.63 mi17, Lea Park Close, Leeds, West Yorkshire LS10 4RG2
£157K09/230.63 mi10, Lea Park Close, Leeds, West Yorkshire LS10 4RG2
£105.5K06/210.68 mi3, West Grange Green, Leeds, West Yorkshire LS10 3BB2
£125K02/230.68 mi12, Rosedale Walk, Leeds, West Yorkshire LS10 3BE2
£133.5K09/230.68 mi2, Rosedale Walk, Leeds, West Yorkshire LS10 3BE2
£175K08/230.68 mi11, Lea Park Vale, Leeds, West Yorkshire LS10 4RL2
£83K04/210.72 mi7a, Arthington Place, Leeds, West Yorkshire LS10 2LY2
£138K05/240.73 mi5, Genista Drive, Leeds, West Yorkshire LS10 3XF2
£195K03/210.73 mi8, Mallard Close, Leeds, West Yorkshire LS10 4QT2
£240K10/230.73 mi8, Mallard Close, Leeds, West Yorkshire LS10 4QT2
£140K02/230.73 mi2, Gorse Lea, Leeds, West Yorkshire LS10 3XE2
£85K04/210.73 mi23, Arthington View, Leeds, West Yorkshire LS10 2ND2
£122K04/210.74 mi30, South Hill Way, Leeds, West Yorkshire LS10 4SE2
£147K09/210.74 mi5, South Hill Way, Leeds, West Yorkshire LS10 4SE2
£150K09/210.74 mi33, South Hill Way, Leeds, West Yorkshire LS10 4SE2
£122K01/240.75 mi29, Church Street, Hunslet, Leeds, West Yorkshire LS10 2PE2
£122K01/240.75 mi29, Church Street, Hunslet, Leeds, West Yorkshire LS10 2PE2

Local Rents

16 rents from £695/mo to £2.5K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85004/240.02 mi-2
£69510/240.02 mi-2
£69510/240.02 mi-2
£2,55005/240.33 mi-2
£2,10005/240.33 mi-2
£2,10002/250.33 mi-2
£75002/240.33 mi-2
£89505/240.36 miLeasowe Close, Leeds, West Yorkshire2
£1,20011/240.41 mi-2
£89505/240.49 miBelle Isle Road, Belle Isle, Leeds, West Yorkshire, LS102
£90005/240.53 mi-2
£85005/240.53 mi-2
£85002/250.53 mi-2
£1,00001/250.61 mi-2
£97504/250.61 mi-2
£85005/240.62 miKensington Way, Leeds, West Yorkshire, LS102

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

2.65 miles away

Nearest school

0.40 miles away

Nearest train station

2.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £95,000

September 13, 2024

Floor Plans

Description

  • Two double bedrooms +
  • No onward chain +
  • Front yard +
  • Cellar +
  • Double glazed +
  • Close to motorway links +

Offered with no onward chain is this ready to move into two double bedroom back to back terrace property. With spacious living accommodation set over three floors as well as having a cellar this would make a superb cash investment or first time buy.

Situated within close proximity to motorway links such as the M62 and M1 as well as the Stourton park and ride this makes an attractive purchase for the commuter. Good local primary and secondary schools are also close by making an ideal buy for the family.

The ground floor comprises of; spacious lounge with gas fire and double glazed window to the front. The kitchen is fully fitted with a range of wall and base mounted units with complimentary work surfaces over and has access to the cellar.

Moving onto the first floor you will find the master bedroom which has ample floorspace for suitable bedroom furniture. The bathroom completes the first floor and consists of; bath/ low level flush WC and wash hand basin.

Externally a low maintenance yard is to the front with a dropped curb. Bathed in sunlight this is a great space for entertaining friends and family.

Agent Details

Manning Stainton, Beeston

0113 519 1497

Next Steps?

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