3 Bed Flat, Single Let, Leeds, LS9 8BF, £150,000

East Street, Leeds, West Yorkshire, LS9 8BF - 6 months ago

Leasehold
Auction
BTL
ROI: 8%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£75K - £305K
Sold Prices/m²£818/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£183,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£900 - £3,500

Rent Estimate

£997

Running Costs/mo

£688

Cashflow/mo

£309

Cashflow/yr

£3,706

ROI

8%

Gross Yield

8%

Local Sold Prices

21 sold prices from £75K to £305K, average is £185K. £818/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£230K10/220.5 mi45a, Mabgate, Leeds, West Yorkshire LS9 7DB3
£180K10/230.64 mi105, Pontefract Lane, Leeds, West Yorkshire LS9 9HW3
£157.8K03/211.21 mi17, Marlborough Grange, Leeds, West Yorkshire LS1 4PF3
£265K11/202.46 mi10, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£187K09/212.46 miFlat 13, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ3
£87K07/232.49 mi14, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£75K07/232.49 mi12, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£187.5K11/232.52 mi19, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB3
£290K05/212.55 mi3 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD3
£185K03/242.56 mi8, Oakwood Court, Leeds, West Yorkshire LS8 2PQ3
£212.5K03/232.57 mi41, Barnbrough Street, Leeds, West Yorkshire LS4 2QY3
£155K08/212.57 mi6, Newton Court, Leeds, West Yorkshire LS8 2PH3
£176K04/232.57 mi27, Newton Court, Leeds, West Yorkshire LS8 2PH3
£210K11/222.58 mi15, Newton Court, Leeds, West Yorkshire LS8 2PH3
£185K12/222.59 mi11, Newton Court, Leeds, West Yorkshire LS8 2PH3
£305K10/222.61 miApartment 8, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ3
£122K06/212.81 mi34, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN3
£158K12/212.87 mi8, Castle Lodge Square, Rothwell, Leeds, West Yorkshire LS26 0ZG3
£161K04/212.94 mi3, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£193K01/212.94 mi58, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£280K12/202.94 mi14, Rokeby Gardens, Leeds, West Yorkshire LS6 3JZ3

Local Rents

42 rents from £900/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.03 miEast Point, East Street, Leeds, LS93
£1,10012/240.04 mi-3
£1,25005/240.04 miG01 East Point3
£1,50005/240.08 miTurlow Court3
£1,88503/240.22 miCromwell Court, Brewery Wharf, Leeds, UK, LS103
£1,87005/240.24 miSt Cecila Street, Leeds3
£1,87005/240.24 miSt Cecila Street, Leeds3
£1,20005/240.25 miRichmond Hill Close, Leeds3
£1,87005/240.34 miSt Cecilia Street , Leeds, West Yorkshire, LS23
£1,87005/240.34 miSt Cecilia Street , Leeds, West Yorkshire, LS23
£1,81012/240.34 miSoyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS23
£1,86012/240.34 miSoyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS23
£1,80012/240.35 mi-3
£1,17505/240.35 miSpring Close Avenue, LEEDS3
£1,75005/240.35 miSimpsons Fold West, 22 Dock Street, Leeds City Centre, LS103
£2,53012/240.37 miNew York Square, Quarry Hill3
£2,48505/240.39 miNew York Square, Quarry Hill, Leeds LS23
£2,53005/240.39 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT3
£2,53012/240.39 miNew York Square, Quarry Hill, Leeds LS23
£2,53012/240.39 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT3
£2,43505/240.4 miNew York Square, Leeds, LS23
£3,03505/240.4 miNew York Square, Leeds, LS23
£2,53012/240.4 miNew York Square, Leeds, LS23
£2,75505/240.4 miNew York Square, Leeds, LS23
£2,98005/240.4 miNew York Square, Leeds, LS23
£3,03512/240.4 miNew York Square, Leeds, LS23
£2,98012/240.4 miNew York Square, Leeds, LS23
£2,35005/240.4 mi-3
£2,35005/240.4 miWaterloo Street, Leeds, LS103
£1,50005/240.4 miEasy Road, Richmond Hill, Leeds, West Yorkshire, LS93
£1,00005/240.44 miHall Place, Leeds, West Yorkshire, LS93
£99502/250.45 mi-3
£1,10002/250.48 mi-3
£90001/240.5 mi-3
£1,70005/240.51 miBlayds Yard, Lower Briggate,Leeds3
£3,50005/240.52 mi-3
£1,25012/240.58 mi-3
£1,30012/240.59 mi-3
£1,10002/250.61 mi-3
£2,10005/240.61 miCrispin Lofts, New York Road, Leeds, West Yorkshire, LS23
£2,50005/240.62 miLower Brunswick Street, Leeds, LS2 3
£2,35012/240.62 miCrispin Lofts, New York Road, Leeds, West Yorkshire, LS23

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.13 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £150,000

January 31, 2025

Listed for £155,000

September 23, 2024

Floor Plans

Description

  • Being Sold via Secure Sale Online Bidding - T&C's Apply +
  • Three Bedrooms +
  • City Centre Location +
  • Communal Terrace on Roof +

Situated on the fringe of the town centre in very desirable location, this spacious and modern 3-bed ground floor flat offers a fantastic modern space to make the most of city centre living, with a large roof terrace for the tenants of East Point to enjoy. The property is currently tenanted paying £1,350 per month

Internal features
The flat comprises of a sizeable entrance hall which leads off to two storage cupboards and a full-size modern bathroom. All three double bedrooms are a great size, with the largest benefitting from an ensuite.

There is a modern kitchen with all the mod cons and an open plan living area flooded with natural light from large windows spanning the full width of the room.

This particular flat offers almost 1100sq ft of living space which is considerably larger than other apartments in the same building.

External features
There is a communal terrace on the roof of the building that the tenants of East Point can use at their leisure. There is no private parking with the flat however there is on street parking on the road immediately behind the building.

Surrounding area
East Point is perfectly located on the outskirts of the centre, away from the hustle and bustle but just a short walk away from all the great amenities Leeds offers. As the city expands there are even more great spots popping up in the immediate area, with a host of great bars, coffee shops and pubs just a few seconds walk away.

Council Tax Band: E
Tenure: Leasehold
Length Of Lease: 241
Annual Ground Rent Amount: £335.00
Annual Service Charge Amount: £4,760.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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