2 Bed Terraced House, Refurb/BRRR, Leeds, LS8 5BZ, £110,000

Ashton Road, Leeds, LS8 5BZ - 2 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~76 m²
+4 photos

ValuationOvervalued

Sold Prices£44K - £131.5K
Sold Prices/m²£759/m² - £2.4K/m²

 

 

Square Metres

~76.18 m²
Price/m²£1.4K/m²

Value Estimate

£100,499

 

 

End Value (After Refurb)

£110,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£30,287

Bridging Loan Interest

£2,888

Total Cash In

£69,125

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£110,000

Mortgage (After Refinance)

£82,500

Mortgage LTV

75%

Cash Left In

£69,125

Equity

£27,500

Rent Range

£695 - £1,980

Rent Estimate

£903

Running Costs/mo

£544

Cashflow/mo

£359

Cashflow/yr

£4,304

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £44K to £131.5K, average is £97.5K. £759/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£115K10/230 mi40, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£90K09/210.01 mi26, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£79K02/210.02 mi17, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£98K12/230.03 mi23, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£102K07/240.03 mi24, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£105K02/240.03 mi18, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£104K02/230.03 mi25, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£109K03/230.04 mi31, Darfield Place, Leeds, West Yorkshire LS8 5DD2
£91K03/240.06 mi28, Darfield Avenue, Leeds, West Yorkshire LS8 5DF2
£83K08/210.06 mi22, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£115K01/230.06 mi38, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£105K03/240.06 mi4, Conway Grove, Leeds, West Yorkshire LS8 5HX2
£104K11/210.06 mi5, Conway Place, Leeds, West Yorkshire LS8 5HT2
£80K05/210.06 mi29, Conway Place, Leeds, West Yorkshire LS8 5HT2
£97K08/240.07 mi42, Ashton Terrace, Leeds, West Yorkshire LS8 5BU2
£131.5K01/230.07 mi33, Ashton Avenue, Leeds, West Yorkshire LS8 5BX2
£92K04/210.07 mi17, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£94.8K03/210.07 mi13, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£100K01/240.07 mi17, Darfield Road, Leeds, West Yorkshire LS8 5DQ2
£80K12/220.09 mi33, Ashton View, Leeds, West Yorkshire LS8 5BS2
£53K03/210.11 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£110K03/230.11 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£96K03/210.12 mi13, Ashton Place, Leeds, West Yorkshire LS8 5BP2
£110K10/230.15 mi15, Cowper Terrace, Leeds, West Yorkshire LS9 7BA2
£100K11/210.15 mi29, Conway Drive, Leeds, West Yorkshire LS8 5JG2
£110K06/230.17 mi33, Berkeley Avenue, Leeds, West Yorkshire LS8 3RH2
£107.5K02/230.18 mi70, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£75K03/210.19 mi81, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£103K06/230.19 mi105, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£78.5K05/230.19 mi82, Bayswater Row, Leeds, West Yorkshire LS8 5LF2
£80K09/210.19 mi61, Bayswater Place, Leeds, West Yorkshire LS8 5LS2
£88K02/230.19 mi26, Berkeley Grove, Leeds, West Yorkshire LS8 3RJ2
£60K08/230.2 mi19, Bexley Grove, Leeds, West Yorkshire LS8 5NZ2
£74K10/230.22 mi6, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£44K10/210.22 mi10, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£106K05/240.23 mi16, Berkeley Mount, Leeds, West Yorkshire LS8 3RN2
£88K08/210.23 mi16, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£80.8K01/230.23 mi25, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£98K07/230.23 mi22, Strathmore Terrace, Leeds, West Yorkshire LS9 6AN2
£82K08/210.25 mi8, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£100K10/210.25 mi25, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£98K12/230.25 mi13, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£105K11/230.26 mi24, Broughton Terrace, Leeds, West Yorkshire LS9 6BA2
£103K10/230.26 mi34, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£120K11/210.26 mi26, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£82.5K06/210.26 mi19, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£110K10/230.26 mi82, Compton Road, Leeds, West Yorkshire LS9 6DG2
£75K11/200.26 mi7, Seaforth Grove, Leeds, West Yorkshire LS9 6AL2
£91K04/230.27 mi21, Compton Crescent, Leeds, West Yorkshire LS9 6DH2
£85.8K04/210.27 mi17, Berkeley Street, Leeds, West Yorkshire LS8 3RW2

Local Rents

50 rents from £695/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85005/240.03 miDarfield Crescent, Leeds, West Yorkshire, LS82
£80005/240.03 miConway View, Harehills, Leeds, West Yorkshire, LS82
£85005/240.04 miDarfield Place, Leeds, LS82
£85005/240.04 miDarfield Place, Leeds, West Yorkshire2
£92505/240.05 mi-2
£85005/240.07 miConway Grove, Leeds, West Yorkshire, LS82
£90005/240.09 miAshton View, Leeds, West Yorkshire, LS82
£82502/240.09 mi-2
£1,85004/250.11 mi-2
£85004/240.12 mi-2
£80005/240.12 miFlorence Place, Leeds, West Yorkshire, LS92
£1,95012/240.12 mi-2
£1,98002/250.12 mi-2
£1,98004/250.12 mi-2
£90002/250.12 mi-2
£1,12006/240.16 mi-2
£1,31601/250.16 mi-2
£99502/250.18 mi-2
£85005/240.19 miBayswater Place, Leeds, West Yorkshire, LS82
£90006/240.19 miBexley Terrace, Leeds2
£94002/240.21 miBexley Terrace, Leeds2
£79904/250.22 mi-2
£72405/240.22 miCompton Avenue, Harehills, LS92
£80004/250.24 mi-2
£85006/240.24 miStanley Road, Leeds, LS92
£70011/240.24 mi-2
£90012/240.25 mi-2
£90006/240.25 miEdgware Avenue, Leeds, LS82
£71502/240.26 mi-2
£70005/240.27 miBerkley Street, LS82
£80002/240.27 miBerkeley View, Leeds, West Yorkshire2
£85001/250.28 mi-2
£90006/240.28 miBanstead Street West, Leeds, West Yorkshire, LS82
£85004/250.29 mi-2
£87505/240.29 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.29 miLascelles Road, Leeds, West Yorkshire, LS82
£95005/240.29 miStrathmore Street, LS92
£90005/240.29 miLascelles Road West, Leeds, West Yorkshire, LS82
£75001/250.3 mi-2
£80003/250.3 mi-2
£69505/240.3 miStrathmore Terrace, Leeds, West Yorkshire, LS92
£87502/250.3 mi-2
£89504/250.31 mi-2
£75006/240.31 miStrathmore Street, Leeds, LS92
£79505/240.33 miBayswater Mount, Leeds, West Yorkshire, LS82
£75006/240.35 miEdgware Street, LEEDS2
£85005/240.35 miBrownhill Avenue, Harehills, Leeds, LS92
£80002/240.35 mi-2
£85005/240.35 miBrownhill Avenue Leeds2
£1,10004/240.37 mi-2

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

1.77 miles away

Nearest school

0.10 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £110,000

September 19, 2024

Floor Plans

Description

  • Two bedroom terrace +
  • Original features +
  • Spacious lounge +
  • Two double bedrooms +
  • Useful storage cellar +
  • Near to St James hospital +
  • Close to many local amenities +
  • NO CHAIN +

Yopa bring to the market this two bedroom back to back, double fronted terrace home. In need of some updating. Spacious accommodation over four floors with many original features. Situated in this popular residential location close to many local amenities, transport links to Leeds City Centre and within walking distance to St James hospital. Offered wit NO CHAIN. The property briefly comprises; spacious lounge with original features, fitted kitchen, to the first floor is a double bedroom and house bathroom, the second floor has a further double bedroom with skylight window and the basement has useful storage cellar with door access into the garden. Low maintenance garden to the front. Double glazing and central heating throughout. The property is located with good access to local facilities at Harehills, St. James' hospital and transport links to Leeds city centre and the A64 York Road.

EPC band: D Council Tax Band: A Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Midlands & Yorkshire

024 7542 9233

Next Steps?

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