2 Bed Flat, Single Let, Leeds, LS10 2QG £110,000

Rocheford Grove, Leeds, LS10 2QG - 6 views - a year ago
Sold STC
Leasehold
BTL
ROI: 11%
~64 m²
Property image

ValuationUndervalued

Sold Prices£69K - £270K
Sold Prices/m²£1.2K/m² - £3.6K/m²

 

 

Square Metres

~63.90 m²
Price/m²£1.7K/m²

Value Estimate

£136,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£795 - £2,550

Rent Estimate

£851

Running Costs/mo

£534

Cashflow/mo

£317

Cashflow/yr

£3,805

ROI

11%

Gross Yield

9%

Local Sold Prices

37 sold prices from £69K to £270K, average is £187K. £1.2K/m² to £3.6K/m², average is £2.7K/m².

Price
Date
Distance
Address
Beds
 
£185K01/230.3 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£190K08/230.33 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.33 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£215K02/250.34 mi51, Cable Place, Hunslet, Leeds LS10 1GB2
£215K02/250.34 mi51, Cable Place, Hunslet, Leeds LS10 1GB2
£69K11/210.37 mi3, Clayton Court, Hunslet, Leeds, West Yorkshire LS10 2HB2
£190K04/250.38 mi9, Knostrop Quay, Hunslet, Leeds LS10 1GG2
£190K04/250.38 mi9, Knostrop Quay, Hunslet, Leeds LS10 1GG2
£195K11/240.41 mi32, Aire Quay, Hunslet, Leeds LS10 1GA2
£210K05/250.41 mi25, Aire Quay, Hunslet, Leeds LS10 1GA2
£210K05/250.41 mi25, Aire Quay, Hunslet, Leeds LS10 1GA2
£205K08/230.42 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£192.5K04/250.45 mi2, Aire Quay, Hunslet, Leeds LS10 1GA2
£192.5K04/250.45 mi2, Aire Quay, Hunslet, Leeds LS10 1GA2
£192.5K04/250.45 mi2, Aire Quay, Hunslet, Leeds LS10 1GA2
£217.5K03/250.45 mi8, Aire Quay, Hunslet, Leeds LS10 1GA2
£217.5K03/250.45 mi8, Aire Quay, Hunslet, Leeds LS10 1GA2
£115K12/240.5 mi50, Gardeners Court, Leeds, West Yorkshire LS10 1ED2
£118K11/240.51 mi19, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SX2
£129.5K02/240.55 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£118.5K11/240.58 mi93, Penny Lane Way, Leeds, West Yorkshire LS10 1EA2
£128K01/230.58 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£110K12/240.6 mi22, Grange Close, Hunslet, Leeds, West Yorkshire LS10 1SU2
£85K06/210.85 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£90K04/250.94 mi150, Echo Central, Cross Green Lane, Cross Green, Leeds LS9 8FL2
£90K04/250.94 mi150, Echo Central, Cross Green Lane, Cross Green, Leeds LS9 8FL2
£100K08/220.96 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.96 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£93K07/220.96 mi32, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£187K05/250.96 mi157, Clarence House, The Boulevard, Hunslet, Leeds LS10 1LH2
£187K05/250.96 mi157, Clarence House, The Boulevard, Hunslet, Leeds LS10 1LH2
£102K04/220.97 mi34, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£150K03/250.99 mi62, Bouverie Court, Richmond Hill, Leeds LS9 8LB2
£150K03/250.99 mi62, Bouverie Court, Richmond Hill, Leeds LS9 8LB2
£150K09/220.99 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£270K02/251 miBoyds Mill, Flat 5, East Street, Leeds LS9 8BU2
£270K02/251 miFlat 5, Boyds Mill, East Street, Leeds LS9 8BU2

Local Rents

50 rents from £795/mo to £2.5K/mo, average is £1K/mo.

Rent
Date
Distance
Address
Beds
 
£82508/250.06 miRocheford Close, Leeds, West Yorkshire2
£1,10011/250.32 miAnson House, Cable Place, H2010, Leeds, West Yorkshire2
£99511/250.32 miAnson House, Cable Place, H2010, Leeds, West Yorkshire2
£95011/250.33 miKnostrop Quay, H20102
£1,10005/240.33 miCable Place, Leeds,2
£1,00005/250.33 miCable Place, Leeds,2
£1,40007/250.33 miCable Place, Hunslet, Leeds2
£1,45001/250.37 mi-2
£1,10005/240.37 miKnostrop Quay, Hunslet, LEEDS2
£1,05005/240.37 miKnostrop Quay, Hunslet, LEEDS2
£90011/250.37 miKnostrop Quay, Hunslet, LEEDS2
£1,00011/250.37 miKnostrop Quay, Hunslet, LEEDS2
£1,25006/240.39 mi-2
£85011/250.39 miLeasowe Road, Leeds, LS102
£85011/250.39 miLeasowe Road, Leeds, LS102
£85011/250.39 mi-2
£89505/240.4 miLeasowe Close, Leeds, West Yorkshire2
£99508/250.41 miCable Place, H20102
£2,29512/240.42 mi-2
£1,99506/250.42 mi-2
£1,05009/250.42 miAire Quay, Leeds, LS102
£90011/250.42 miAire Quay, Hunslet, LEEDS2
£1,15008/250.42 mi-2
£1,15007/250.42 miAire Quay, Hunslet, Leeds, LS102
£1,15008/250.42 miAire Quay, Hunslet, Leeds, LS102
£1,20005/240.42 miAire Quay, Hunslet, LS102
£1,25005/240.43 miTwine Street, Hunslet, Leeds, West Yorkshire, UK, LS102
£89508/250.44 miClayton Drive, Leeds, LS102
£99508/250.45 miAire Quay, hH20102
£1,10011/250.45 miAire Quay, H20102
£1,30004/250.46 mi-2
£1,25004/240.46 mi-2
£1,30001/250.46 mi-2
£99512/240.46 mi-2
£99505/240.46 miTwine Street, Hunslet, Leeds, LS102
£99512/240.46 mi-2
£99508/250.47 mi9 Westbury Place North, LEEDS2
£2,55005/240.48 mi-2
£2,10005/240.48 mi-2
£2,10003/250.48 mi-2
£2,10005/250.48 mi-2
£1,00011/250.48 mi-2
£1,15005/240.5 miAtkinson Street, Hunslet, Leeds, West Yorkshire, UK, LS102
£79502/240.5 mi-2
£89507/250.5 mi-2
£92507/250.51 mi-2
£95009/250.51 mi-2
£89510/250.51 mi-2
£82508/250.51 miGardeners Court, Leeds, LS102
£89510/250.51 miGardeners Court, Leeds, LS102

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+129%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Price changed to £110,000

December 24, 2024

Listed for £100,000

September 24, 2024

Floor Plans

Property image

Description

  • Viewings Highly Recommended +
  • Close To Local Amenities +
  • Well Presented +
  • Own Private Entrance, +
  • Ideal Starter Home/Investment. +
  • 2 Good Sized Bedrooms +

The Property
This well-presented first-floor flat is situated in the sought-after Rocheford Grove area, offering bright and spacious living accommodation throughout.

The property benefits from its own private entrance, ensuring privacy and convenience.

Upon entering, you are greeted by a bright and airy lounge with two large windows that fill the space with natural light. The separate kitchen is well-equipped with modern wall and base units, an integrated oven and hob, and space for a washing machine.

There are two generously sized bedrooms, perfect for families or those looking for extra space. The property also includes a modern house bathroom, offering both functionality and style.

The property has been fully rewired in 2017, and new windows were installed in 2022, ensuring the home is well-maintained and energy-efficient.

This property is ideal for first-time buyers, young professionals, or those looking to downsize, offering a comfortable and modern living space in a convenient Leeds location.

Please note the buyer will purchase both Freehold and Leasehold for this property - lease term will be for 999 years. The title is to be split upon completion.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/3023

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Leeds

0113 519 9101

Next Steps?

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