2 Bed Flat, Single Let, Leeds, LS10 1SX, £125,000

Grange Road, LS10 1SX - 3 views - 7 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£60K - £400K
Sold Prices/m²£909/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£151,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£750 - £3,000

Rent Estimate

£775

Running Costs/mo

£566

Cashflow/mo

£209

Cashflow/yr

£2,513

ROI

7%

Gross Yield

7%

Local Sold Prices

45 sold prices from £60K to £400K, average is £185K. £909/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£129.5K02/240.03 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£128K01/230.14 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£190K08/230.33 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.33 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£205K08/230.35 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£185K01/230.36 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£100K08/220.51 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.51 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£93K07/220.52 mi32, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£107K10/200.52 mi14, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£102K04/220.55 mi34, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£400K05/210.66 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£170K10/230.66 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£190K01/230.68 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£165K04/210.69 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.7 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£160K11/200.71 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.71 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£85K06/210.76 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£234.7K01/240.77 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£255K10/220.8 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.8 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.8 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.8 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.8 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.8 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£69K11/210.8 mi3, Clayton Court, Hunslet, Leeds, West Yorkshire LS10 2HB2
£178K02/230.85 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.85 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.85 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.85 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£60.5K05/210.86 mi5, Sycamore Fold, Leeds, West Yorkshire LS11 6BD2
£192K01/210.88 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.88 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.88 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£170K04/210.94 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£215K11/220.94 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.94 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.94 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.94 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£255K07/240.94 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.94 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.94 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.94 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£60K04/210.97 mi1, St Lukes Crescent, Leeds, West Yorkshire LS11 8LA2

Local Rents

50 rents from £750/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£87505/240.01 mi-2
£87505/240.01 miGrange Road, Hunslet, Leeds, LS102
£99503/250.01 mi-2
£85005/240.02 miGrange Road, Hunslet, Leeds2
£92503/250.03 mi-2
£99503/250.03 mi-2
£79502/240.07 mi-2
£85001/250.09 mi-2
£75005/240.12 mi-2
£75012/240.12 mi-2
£77505/240.14 miGabriel Court, Leeds, West Yorkshire, LS102
£82501/250.15 mi-2
£82505/240.16 miPenny Lane Way, Hunslet, Leeds2
£90012/240.17 mi-2
£92505/240.19 mi-2
£1,09503/250.19 mi-2
£2,20005/240.28 mi-2
£1,07505/240.29 miVictoria Riverside, Hunslet Road2
£1,15005/240.29 miVictoria Riverside, Leeds2
£1,25005/240.29 miBlock B Victoria Riverside, Atkinson Street, Leeds LS102
£1,20005/240.29 miVictoria Riverside, Atkinson Street, Leeds, LS10 1EU2
£3,00005/240.3 mi-2
£3,00012/240.3 mi-2
£1,33005/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,17505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,17505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,17505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,17505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,17505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,30505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,30505/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,23012/240.31 miVictoria Riverside, Leeds, LS10 1FD2
£1,29505/240.32 miBlock E, Victoria Riverside, Leeds City Centre, LS102
£1,25005/240.32 miBlock E, Victoria Riverside, Leeds City Centre, LS102
£1,60505/240.32 miBlock E, Victoria Riverside, Leeds City Centre, LS102
£1,30505/240.32 miAtkinson Street, Leeds, West Yorkshire, LS102
£1,37505/240.32 miBlock E, Victoria Riverside, Leeds, LS102
£1,23005/240.32 miAtkinson Street, Leeds, West Yorkshire, LS102
£1,12505/240.32 miBlock E, Victoria Riverside, Leeds City Centre, LS102
£1,57505/240.33 miBlock E, Victoria Riverside, Leeds City Centre, LS102
£1,29503/240.33 miBlock E, Victoria Riverside, Atkinson Street, Leeds City Centre, LS102
£99505/240.33 miTwine Street, Hunslet, Leeds, LS102
£99512/240.33 mi-2
£99512/240.33 mi-2
£1,15005/240.33 miAtkinson Street, Hunslet, Leeds, West Yorkshire, UK, LS102
£1,25006/240.33 mi-2
£1,10005/240.33 miCable Place, Leeds,2
£2,30003/250.33 mi-2
£1,10005/240.34 miKnostrop Quay, Hunslet, LEEDS2
£1,05005/240.34 miKnostrop Quay, Hunslet, LEEDS2

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

1.65 miles away

Nearest school

0.10 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £125,000

September 19, 2024

Sold for £73,000

2003

Sold for £46,950

2001

Sold for £38,950

1996

Floor Plans

Description

  • First Floor Apartment +
  • Two Double Bedrooms +
  • Residents Car Park +
  • Visitor Parking +
  • Close To City Centre +
  • Council Tax Band A +
  • 999 Year lease from 1 January 1994 +
  • Peppercorn ground rent +
  • Sold with vacant possession +
  • Chain Free +

This first-floor apartment, featuring two double bedrooms, available for sale chain free and vacant possession. The good size accommodation has an L-shaped lounge and dining area that leads into the kitchen, as well as a bathroom with a shower over the bath. Off-road parking is provided. Nestled in a cul-de-sac within Hunslet Green, the property is conveniently located just a short walk from the nearest supermarket and offers excellent motorway connections and easy access to the city centre. 

LEASEHOLD & PROPERTY INFORMATION Lease term: 999 years from 1 January 1994
Peppercorn Ground rent
Service charge for 2024 £1692.36 pa

Potential rental £775 pcm
Council tax band A
EPC Rating C
Electric is a pay as you go meter
Parking is unallocated  

THE PROPERTY Communal entrance.
Stairs to the upper levels.  

HALLWAY L shaped hallway with electric storage heater, entry phone system. Two Storage cupboards one housing the hot water cylinder. 

LIVING ROOM 17' 7" x 13' 7" (5.37m x 4.16m) max The L shaped Living area has wall mounted electric heaters, two large double glazed windows with timber frames, newly fitted carpet and opening leading to the Kitchen. 

KITCHEN 7' 11" x 7' 3" (2.43m x 2.21m) The Kitchen has a range of fitted base and wall units, freestanding electric oven and hob, plumbing for washing machine.  

BEDROOM ONE 10' 5" x 8' 5" (3.19m x 2.57m) Double bedroom with double glazed window overlooking the rear of the development. Newly laid carpet and electric wall mounted heater.  

BEDROOM TWO 11' 0" x 9' 10" (3.36m x 3.02m) Double bedroom with double glazed window overlooking the rear of the development. Newly laid carpet and electric wall mounted heater.  

BATHROOM 8' 0" x 5' 7" (2.45m x 1.72m) The bathroom comprises; bath with shower over, hand basin and W.C.  

PARKING There is a residents car park to the rear of the development with ample spaces for residents and visitors.

Agent Details

Martin & Co, Leeds City

0113 519 4933

Next Steps?

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