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2 Bed Terraced House, Refurb/BRRR, Leeds, LS12 3NB, £124,950

Pasture Mount, Leeds, West Yorkshire, LS12 3NB - 8 views - 7 months ago

Refurb/BRRR
ROI: 6%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£75K - £165K
Sold Prices/m²£876/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£109,390

 

 

End Value (After Refurb)

£117,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,238

Stamp Duty & Legal Fees

£4,949

Refurb Costs

£26,951

Bridging Loan Interest

£3,280

Total Cash In

£68,167

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£117,500

Mortgage (After Refinance)

£88,125

Mortgage LTV

75%

Cash Left In

£68,167

Equity

£29,375

Rent Range

£495 - £1,800

Rent Estimate

£896

Running Costs/mo

£566

Cashflow/mo

£330

Cashflow/yr

£3,955

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £75K to £165K, average is £115.8K. £876/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£115.5K03/210.02 mi16, Pasture View, Leeds, West Yorkshire LS12 3NA2
£134K11/210.06 mi13, Christ Church Road, Leeds, West Yorkshire LS12 3NF2
£127K12/230.06 mi15, Christ Church Road, Leeds, West Yorkshire LS12 3NF2
£112K05/210.1 mi3, Christ Church Mount, Armley, Leeds, West Yorkshire LS12 3NH2
£135K05/230.15 mi20, Park Avenue, Armley, Leeds, West Yorkshire LS12 3NN2
£112K03/230.15 mi4, Park Avenue, Armley, Leeds, West Yorkshire LS12 3NN2
£85K01/210.17 mi11, Paisley Road, Leeds, West Yorkshire LS12 3JJ2
£98K04/240.17 mi1, Paisley Road, Leeds, West Yorkshire LS12 3JJ2
£85K11/210.18 mi6, Oban Terrace, Leeds, West Yorkshire LS12 3JU2
£95K01/210.18 mi4, Oban Place, Leeds, West Yorkshire LS12 3JT2
£110K03/210.2 mi13, Eyres Avenue, Leeds, West Yorkshire LS12 3BA2
£126K04/230.21 mi16, Eyres Terrace, Leeds, West Yorkshire LS12 3AX2
£165K03/230.23 mi4, Station Crescent, Leeds, West Yorkshire LS12 3EZ2
£151K06/210.23 mi24, Station Crescent, Leeds, West Yorkshire LS12 3EZ2
£119K03/230.25 mi12, Edinburgh Place, Leeds, West Yorkshire LS12 3RQ2
£106K05/230.25 mi11, Edinburgh Place, Leeds, West Yorkshire LS12 3RQ2
£136K05/230.26 mi36, Station Road, Armley, Leeds, West Yorkshire LS12 3EY2
£110K03/230.27 mi2, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£95.5K05/230.27 mi22, Edinburgh Terrace, Leeds, West Yorkshire LS12 3RH2
£110K11/210.27 mi8, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£110K11/210.27 mi8, Esmond Terrace, Leeds, West Yorkshire LS12 1XE2
£75K08/230.28 mi27, Salisbury Avenue, Armley, Leeds, West Yorkshire LS12 2AR2
£122.3K01/230.29 mi12, Rombalds Avenue, Armley, Leeds, West Yorkshire LS12 2BA2
£125K04/230.29 mi13, Rombalds Grove, Armley, Leeds, West Yorkshire LS12 2BB2
£106K02/210.29 mi14, Rombalds Grove, Armley, Leeds, West Yorkshire LS12 2BB2
£132.3K07/230.3 mi1, Rombalds Crescent, Armley, Leeds, West Yorkshire LS12 2BQ2
£130K11/230.31 mi29, Whingate Grove, Leeds, West Yorkshire LS12 3RD2
£118K08/230.31 mi35, Whingate Grove, Leeds, West Yorkshire LS12 3RD2
£110.5K10/230.31 mi33, Whingate Grove, Leeds, West Yorkshire LS12 3RD2
£90K10/200.32 mi15, Thornton Grove, Leeds, West Yorkshire LS12 3JB2
£113K05/210.32 mi72, Salisbury Road, Leeds, West Yorkshire LS12 2BH2
£145K10/210.32 mi5, St Ives Mount, Leeds, West Yorkshire LS12 3RP2
£127K01/210.32 mi3, St Ives Mount, Leeds, West Yorkshire LS12 3RP2
£107K12/210.32 mi64, Salisbury Road, Leeds, West Yorkshire LS12 2BH2
£80.5K03/210.34 mi3, Chichester Street, Armley, Leeds, West Yorkshire LS12 2NL2
£125K06/210.34 mi29, St Ives Grove, Leeds, West Yorkshire LS12 3RR2
£125K09/230.34 mi13, Aberdeen Drive, Leeds, West Yorkshire LS12 3QZ2
£107.5K03/230.34 mi62, Whingate, Leeds, West Yorkshire LS12 3HZ2
£90K11/200.36 mi8, Hereford Street, Armley, Leeds, West Yorkshire LS12 2NH2
£91.5K10/230.38 mi5, Arley Terrace, Armley, Leeds, West Yorkshire LS12 2PA2
£125K01/230.38 mi8, Aviary Row, Leeds, West Yorkshire LS12 2NZ2
£120K02/240.39 mi17, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP2
£127K09/230.39 mi6, Laurel Fold, Leeds, West Yorkshire LS12 1UR2
£116K01/230.39 mi29, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP2
£132K12/230.4 mi6, Laurel Grove, Leeds, West Yorkshire LS12 2DD2
£125K04/210.4 mi6, Barden Green, Leeds, West Yorkshire LS12 3TW2
£100K05/210.4 mi44, Chapel Lane, Armley, Leeds, West Yorkshire LS12 1UP2
£119K10/210.42 mi21, Nancroft Crescent, Leeds, West Yorkshire LS12 2DH2
£129K04/240.42 mi4, Nancroft Crescent, Leeds, West Yorkshire LS12 2DH2
£101.7K02/210.42 mi173, Tong Road, Leeds, West Yorkshire LS12 4NA2

Local Rents

50 rents from £495/mo to £1.8K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£79505/240.01 miPasture View, Leeds, West Yorkshire2
£87505/240.01 miPasture View, Leeds, West Yorkshire, LS122
£84505/240.1 miChrist Church Avenue, Leeds, West Yorkshire, LS122
£79505/240.11 miPaisley Grove, Leeds, West Yorkshire, LS122
£95001/250.12 mi-2
£82505/240.15 miWinker Green, Stanningley Road2
£72505/240.16 miPaisley Place, Armley, Leeds, LS122
£89504/250.16 mi-2
£85003/240.17 miPaisley Terrace, Leeds, West Yorkshire, LS122
£80002/250.17 mi-2
£85002/250.17 mi-2
£82505/240.17 miWinker Green Mills, Stanningley Road2
£72503/240.18 miOban Place, Armley, Leeds, LS122
£65002/240.18 mi-2
£75001/240.18 mi-2
£77506/240.2 miPaisley Street, Armley, Leeds, LS122
£72505/240.2 miPaisley Street, Armley, Leeds, LS122
£85006/240.2 miGreenock Place, Leeds, West Yorkshire, LS122
£49505/240.21 miStanningley Road, Armley, Leeds, LS122
£85012/240.22 mi-2
£79502/250.22 mi-2
£85001/240.22 mi-2
£79505/240.22 miGreenock Street, Armley, Leeds, LS122
£84504/250.23 mi-2
£84512/240.23 mi-2
£67505/240.25 miEdinburgh Place, Armley, Leeds2
£75005/240.25 miEdinburgh Grove, Leeds2
£1,06005/240.27 miWortley Road, Leeds, West Yorkshire, LS122
£87502/250.28 mi-2
£67503/240.29 miEdinburgh Road, Armley, Leeds, LS122
£85005/240.32 miHall Road, Leeds, West Yorkshire, LS122
£95002/250.32 mi-2
£79506/240.32 miSalisbury Road, Leeds, LS122
£75005/240.33 miMoorfield Grove, Leeds, West Yorkshire, UK, LS122
£74502/250.34 mi-2
£82503/250.34 mi-2
£89502/250.34 mi-2
£85003/240.34 miAthlone Grove, Leeds, West Yorkshire, LS122
£79505/240.34 miAthlone Grove, Leeds, West Yorkshire, LS122
£85005/240.34 miAthlone Grove, Leeds, West Yorkshire, LS122
£1,80005/240.35 mi-2
£1,80012/240.35 mi-2
£1,80012/240.35 mi-2
£77502/250.35 mi-2
£69505/240.35 miChichester Street, Armley, Leeds2
£69505/240.35 miChichester Street, Armley, Leeds2
£77501/240.36 mi-2
£90001/240.36 mi-2
£90012/240.36 mi-2
£79505/240.37 miArmley Road, Leeds, West Yorkshire, LS122

Links

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.63 miles away

Nearest school

0.10 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £124,950

September 17, 2024

Description

  • In Need Of Modernisation +
  • Mid Back To Back Terrace +
  • Popular Residential Location +
  • Spacious Lounge & Separate Kitchen +
  • Two Bedrooms, Bathroom & Shower Room +
  • Useful Basement +
  • No Onward Chain +
  • Material Information Available/ Ask Agent +

Offered for sale with no onward chain and in need of refurbishment, two/three bedroom period terraced house available for sale in popular location.

Spacious lounge and separate kitchen. Two generous double bedrooms and bathroom.

The basement has previously been used as extra accommodation and comprises of two rooms one with a kitchen area and a separate shower room.

To the front of the property is a paved garden area.

Contact us today to arrange a viewing.

Agent Details

Manning Stainton, Wortley

0113 519 1788

Next Steps?

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

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