3 Bed Terraced House, Single Let, Leeds, LS8 1RG, £185,000

Brackenwood Drive, Leeds, LS8 1RG - 4 views - 7 months ago

Sold STC
Auction
BTL
ROI: 6%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£197.5K - £470K
Sold Prices/m²£2.5K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£225,700
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£1,095 - £1,700

Rent Estimate

£1,096

Running Costs/mo

£817

Cashflow/mo

£279

Cashflow/yr

£3,344

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £197.5K to £470K, average is £334K. £2.5K/m² to £6.5K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£220K05/210.01 mi35, Brackenwood Drive, Leeds, West Yorkshire LS8 1RG3
£215K04/230.08 mi12, Larkhill Close, Leeds, West Yorkshire LS8 1QZ3
£215K10/230.08 mi6a, Larkhill Road, Leeds, West Yorkshire LS8 1RE3
£225K03/210.09 mi7, Allerton Grange Croft, Leeds, West Yorkshire LS8 1RN3
£227K11/200.11 mi2, Larkhill Walk, Leeds, West Yorkshire LS8 1RA3
£400K11/210.13 mi8, Chandos Avenue, Leeds, West Yorkshire LS8 1QU3
£262.5K05/210.16 mi14, Allerton Grange Avenue, Leeds, West Yorkshire LS17 6PR3
£333K12/230.16 mi6, Allerton Grange Avenue, Leeds, West Yorkshire LS17 6PR3
£376K05/210.16 mi25, Chandos Mews, Leeds, West Yorkshire LS8 1HU3
£410.1K07/240.16 mi32, Borrough View, Leeds, West Yorkshire LS8 1LS3
£336K08/210.16 mi3, Borrough View, Leeds, West Yorkshire LS8 1LS3
£375K12/220.16 mi10, Borrough Avenue, Leeds, West Yorkshire LS8 1LR3
£197.5K11/200.17 mi132, Lincombe Drive, Leeds, West Yorkshire LS8 1PT3
£200K12/200.17 mi83, Lincombe Drive, Leeds, West Yorkshire LS8 1PT3
£260K05/230.17 mi132b, Lincombe Drive, Leeds, West Yorkshire LS8 1PT3
£315K08/230.19 mi22, Chandos Place, Leeds, West Yorkshire LS8 1QS3
£436.1K07/210.19 mi104, North Park Avenue, Leeds, West Yorkshire LS8 1HP3
£291K08/210.2 mi42, Chandos Gardens, Leeds, West Yorkshire LS8 1LW3
£358.5K08/210.22 mi17, Chandos Gardens, Leeds, West Yorkshire LS8 1LP3
£375K06/240.22 mi88, The Drive, Roundhay, Leeds, West Yorkshire LS8 1LN3
£215K12/230.24 mi21, Lincombe Mount, Leeds, West Yorkshire LS8 1PX3
£223K06/210.25 mi134, Lincombe Drive, Leeds, West Yorkshire LS8 1PU3
£275K08/230.25 mi136, Lincombe Drive, Leeds, West Yorkshire LS8 1PU3
£400K06/210.25 mi84, Lidgett Lane, Leeds, West Yorkshire LS8 1LQ3
£426K08/230.27 mi11, Lidgett Park Grove, Roundhay, Leeds, West Yorkshire LS8 1HW3
£280K10/230.28 mi50, Stainburn Drive, Leeds, West Yorkshire LS17 6NX3
£340.3K11/200.28 mi32, Stainburn Drive, Leeds, West Yorkshire LS17 6NX3
£230K02/240.28 mi20, Chandos Walk, Leeds, West Yorkshire LS8 1QD3
£380K01/240.28 mi78, North Park Avenue, Leeds, West Yorkshire LS8 1HS3
£415.6K12/200.28 mi70, North Park Avenue, Leeds, West Yorkshire LS8 1HS3
£415K04/240.28 mi100, Stainburn Crescent, Leeds, West Yorkshire LS17 6NS3
£416K10/230.29 mi8, Lidgett Crescent, Leeds, West Yorkshire LS8 1HN3
£312K01/210.29 mi10, Lidgett Crescent, Leeds, West Yorkshire LS8 1HN3
£325K03/210.29 mi15, Allerton Grange Way, Leeds, West Yorkshire LS17 6LP3
£365K02/210.3 mi169, Stainburn Crescent, Leeds, West Yorkshire LS17 6ND3
£345K04/240.31 mi134, Stainburn Crescent, Leeds, West Yorkshire LS17 6NG3
£378.6K11/200.31 mi114, Stainburn Crescent, Leeds, West Yorkshire LS17 6NG3
£381K03/240.31 mi148, Stainburn Crescent, Leeds, West Yorkshire LS17 6NG3
£340K12/200.32 mi37, Stainburn Drive, Leeds, West Yorkshire LS17 6NZ3
£340K12/230.33 mi22, Stainburn Road, Leeds, West Yorkshire LS17 6NL3
£290K05/210.33 mi26, Lidgett Place, Leeds, West Yorkshire LS8 1HG3
£390K06/210.33 mi14, Lidgett Place, Leeds, West Yorkshire LS8 1HG3
£285K02/210.35 mi36, Roper Avenue, Leeds, West Yorkshire LS8 1LG3
£470K11/200.35 mi20, Roper Avenue, Leeds, West Yorkshire LS8 1LG3
£302K10/210.35 mi25, Nunroyd Road, Leeds, West Yorkshire LS17 6PH3
£335K05/230.35 mi38, Allerton Grange Rise, Leeds, West Yorkshire LS17 6LH3
£355K11/200.35 mi50, Allerton Grange Rise, Leeds, West Yorkshire LS17 6LH3
£300K12/200.35 mi66, Allerton Grange Rise, Leeds, West Yorkshire LS17 6LH3
£285K11/200.36 mi6, Nunroyd Grove, Leeds, West Yorkshire LS17 6PW3
£325K07/230.37 mi64, Talbot Road, Leeds, West Yorkshire LS8 1AH3

Local Rents

27 rents from £1.1K/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25002/250.09 mi-3
£1,09503/240.16 miStainburn Crescent, Moortown, Leeds, LS173
£1,35006/240.17 miLidgett Lane, Roundhay, LS83
£1,30012/240.18 mi-3
£1,25002/250.18 mi-3
£1,35005/240.19 miNorth Park Avenue, Roundhay, Leeds, LS83
£1,20005/240.28 miChandos Walk, Leeds, West Yorkshire, LS83
£1,35005/240.32 miGledhow Valley Road, Gledhow, Leeds, West Yorkshire, LS83
£1,20005/240.35 miNunroyd Road, Moortown, Leeds3
£1,20005/240.37 miNunroyd Road, Moortown, Leeds3
£1,65012/240.38 miTalbot Avenue, Roundhay, LS173
£1,27501/240.4 mi-3
£1,19904/250.4 mi-3
£1,35005/240.41 miBentcliffe Drive, Leeds, West Yorkshire, UK, LS173
£1,20003/240.42 miPasture Parade, Leeds, West Yorkshire, LS73
£1,50005/240.42 miPasture Crescent, Leeds, West Yorkshire, LS73
£1,45006/240.42 miPasture Crescent, Leeds, West Yorkshire, LS73
£1,35012/240.43 miMoor Allerton Avenue, Moortown, Leeds3
£1,10005/240.44 miBrackenwood Close, Leeds, West Yorkshire3
£1,25004/250.46 mi-3
£1,20004/250.49 mi-3
£1,25004/250.5 mi-3
£1,35004/250.51 mi-3
£1,70005/240.51 miNorth Park Grove, Leeds, West Yorkshire, LS83
£1,50005/240.54 miLidgett Park Avenue, Leeds, West Yorkshire, LS83
£1,70005/240.54 miNorth Park Grove, Leeds, West Yorkshire, LS83
£1,35005/240.61 miRoundhay Court, Sutherland Avenue, Leeds, West Yorkshire, LS83

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

2.74 miles away

Nearest school

0.20 miles away

Nearest train station

2.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £185,000

September 26, 2024

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buy-It-Now Option Available +
  • Buyer’S Fees Apply +
  • 3 Bedrooms +
  • Front And Back Garden +

The Property

Introducing this charming 3-bedroom semi-detached house, ideally located in a friendly and convenient neighborhood. This inviting home offers a blend of cozy living spaces and delightful outdoor areas, making it perfect for families or professionals.

Key Features:

Front and Back Garden: Enjoy the beauty of well-maintained gardens at both the front and rear of the property, providing lovely outdoor spaces for relaxation and play.
Cosy Living Room: A warm and welcoming living area, ideal for unwinding with family or entertaining friends.
Three Bedrooms: Three good-sized bedrooms and an additional versatile room that can serve as a third bedroom, home office, or guest room.
Fully Fitted Bathroom: A fully equipped bathroom, designed with contemporary fixtures and fittings for your comfort.
This delightful home combines practical living spaces with charming outdoor areas, offering an excellent opportunity for those looking to settle in a desirable location. Don't miss the chance to make this house your new home!

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £185,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees
• Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

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 💪