3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 6AR, £175,000

48 Kirkdale View, Farnley, Leeds, West Yorkshire, LS12 6AR - 4 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+14 photos

ValuationFair Value

Sold Prices£105K - £275K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£178,500

 

 

End Value (After Refurb)

£196,568

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£36,800

Bridging Loan Interest

£4,594

Total Cash In

£93,344

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£196,568

Mortgage (After Refinance)

£147,426

Mortgage LTV

75%

Cash Released

£16,176

Cash Left In

£77,168

Equity

£49,142

Rent Range

£800 - £2,349

Rent Estimate

£1,205

Running Costs/mo

£875

Cashflow/mo

£330

Cashflow/yr

£3,957

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £105K to £275K, average is £180K. £1.3K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£186K07/230.06 mi6, Kirkdale Mount, Leeds, West Yorkshire LS12 6AZ3
£220K10/230.06 mi9, Kirkdale Mount, Leeds, West Yorkshire LS12 6AZ3
£219K09/230.06 mi40, Kirkdale View, Leeds, West Yorkshire LS12 6AR3
£200K07/230.06 mi46, Kirkdale View, Leeds, West Yorkshire LS12 6AR3
£170K01/240.08 mi6, Kirkdale Avenue, Leeds, West Yorkshire LS12 6AP3
£182.5K04/240.08 mi27, Kirkdale Avenue, Leeds, West Yorkshire LS12 6AP3
£179.9K09/210.09 mi29, Kirkdale Grove, Leeds, West Yorkshire LS12 6AU3
£255K09/230.1 mi28, Kirkdale Gardens, Leeds, West Yorkshire LS12 6AT3
£252K06/210.1 mi20, Kirkdale Gardens, Leeds, West Yorkshire LS12 6AT3
£245K02/230.1 mi73, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£183K08/210.11 mi40, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AS3
£182K12/200.11 mi52, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AS3
£190K11/210.12 mi47, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£192K04/230.12 mi51, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3
£265K03/230.13 mi50, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE3
£275K06/230.13 mi62, Dunlop Avenue, Leeds, West Yorkshire LS12 6LE3
£147K12/200.14 mi397, Whitehall Road, Leeds, West Yorkshire LS12 6LB3
£152.5K09/210.14 mi409, Whitehall Road, Leeds, West Yorkshire LS12 6LB3
£160K05/210.14 mi37, Kirkdale Terrace, Leeds, West Yorkshire LS12 6BA3
£248K03/230.17 mi129, Ring Road, Lower Wortley, Leeds, West Yorkshire LS12 6LA3
£130K05/210.18 mi26, Whitehall Green, Leeds, West Yorkshire LS12 5LT3
£145K04/210.18 mi362, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£171.8K03/210.18 mi364, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£180K06/230.18 mi362, Whitehall Road, Leeds, West Yorkshire LS12 5NP3
£105K05/230.24 mi20, Bangor Terrace, Leeds, West Yorkshire LS12 5PS3
£105K12/200.25 mi15, Bangor Place, Leeds, West Yorkshire LS12 5PP3
£133.5K05/230.3 mi8, Blackpool Place, Leeds, West Yorkshire LS12 5PF3
£140K04/240.34 mi18, Blackpool Terrace, Leeds, West Yorkshire LS12 5NY3
£107K03/210.34 mi6, Fawcett Close, Leeds, West Yorkshire LS12 4UJ3
£178K08/210.35 mi28, Ryedale Avenue, Leeds, West Yorkshire LS12 4TQ3
£125K08/230.37 mi3, Fawcett Road, Leeds, West Yorkshire LS12 4UL3
£117.5K08/230.38 mi5, Fawcett Gardens, Leeds, West Yorkshire LS12 4TS3
£240K04/230.4 mi19, Walkers Green, Leeds, West Yorkshire LS12 4UN3
£130K05/230.41 mi27, Blackpool View, Leeds, West Yorkshire LS12 5PE3
£220K04/230.41 mi15, Fawcett Lane, Leeds, West Yorkshire LS12 4PG3
£185K06/210.41 mi20, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£255K11/230.41 mi18, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£175K03/230.44 mi27, Walkers Lane, Leeds, West Yorkshire LS12 4AP3
£228K06/210.44 mi67, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£143K11/200.44 mi45, Portland Road, Leeds, West Yorkshire LS12 4LT3
£143K12/200.44 mi85, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£210K10/230.45 mi20, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£171K02/210.45 mi24, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£181K12/200.47 mi29, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£115K03/210.47 mi21, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£162.5K02/230.47 mi29, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£180K07/230.47 mi27, Western Grove, Leeds, West Yorkshire LS12 4ST3
£190K08/230.49 mi18, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£171K10/200.49 mi4, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£129.5K01/210.49 mi22, Kellett Walk, Leeds, West Yorkshire LS12 4AN3

Local Rents

10 rents from £800/mo to £2.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£80002/240.09 mi-3
£2,34902/250.16 mi-3
£1,25005/240.17 miRing Road, Lower Wortley, Leeds3
£1,25904/240.22 mi-3
£99505/240.3 miBlackpool Place, Leeds, West Yorkshire3
£85005/240.45 miPinder Street, Leeds, West Yorkshire3
£1,05006/240.51 miKellett Walk, Wortley, Leeds3
£89505/240.55 miGreenside Close, Leeds, West Yorkshire3
£89505/240.55 miGreenside Close, Leeds, West Yorkshire3
£1,20003/250.57 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £175,000

September 25, 2024

Floor Plans

Description

  • Three Bedroom Semi Detached +
  • Modernisation & Updating Required +
  • Double Glazing & Gas Central Heating +
  • Two Double Bedrooms & One Single Bedroom +
  • Gardens To Three Sides +
  • Off Street Parking / Driveway (up to Four Family Cars) +
  • Popular Residential Area +
  • Convenient for Access to Leeds City Centre / Outer Ring Road / M621 +
  • Early Internal Viewing Advised +
  • Council Tax Band: B / EPC Rating: C +

A THREE BEDROOM SEMI DETACHED situated amidst similar style property on a popular residential development within Wortley. This property is within walking distance of local amenities, shops, and well regarded schools, and is only a short drive from the M621 motorway, Bramley Railway Station, and Armley Sports & Leisure Centre making an ideal purchase for a variety of buyers, particularly a growing family.

Although this property does have double glazing and gas central heating it is in need of MODERNISATION & REFURBISHMENT throughout.

To the ground floor the accommodation comprises of an ENTRANCE HALLWAY with stairs rising to the first floor, a LIVING ROOM with a gas fire, a good sized DINING ROOM (this room has recently been used as a bedroom and has had a shower cubicle installed), and a KITCHEN with a good sized pantry and an external door giving access to the side garden.

To the first floor there are TWO DOUBLE BEDROOMS, a further SINGLE BEDROOM, and a BATHROOM / WC.

Externally there are GARDENS TO THRE SIDES and a DRIVEWAY which provides useful OFF STREET PARKING.

Early internal viewing is highly recommended and can be arranged by contacting the office on / .

Council Tax Band: B / EPC Rating: C

Ground Floor: -

Hallway: - Access via a part glazed front door, leaded windows to the side, central heating radiator, stairs rising to the first floor

Living Room: - Double glazed window, television point, central heating radiator, gas fire

Dining Room: - Double glazed window, original fireplace and hearth - this room has recently been used as a bedroom and has had a shower cubicle and shower installed

Kitchen: - A part glazed external door giving access to the side of the property, double glazed window, stainless steel sink and drainer, wall & base cabinets, storage pantry

First Floor: -

Landing: - Double glazed window, access to the loft space

Bedroom One: - Double glazed window

Bedroom Two: - Double glazed window, central heating radiator, built in storage cupboards

Bedroom Three: - Double glazed window

Bathroom / Wc: - Double glazed window, a white suite comprising of a bath, wash basin and sink, central heating radiator

To The Outside: -

Gardens: - Being a corner plot the gardens extend to three sides of the property, there is access to under-house storage at the side of the property

Off Street Parking / Driveway: - A gated driveway runs to the side of the property and provides useful off street parking for up to four family cars

Council Tax Band & Epc Rating: - Council Tax Band: B / EPC Rating: C

Epc Link: -

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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