2 Bed Flat, Single Let, Leeds, LS7 4HP, £150,000

Chapeltown Road, Leeds, LS7 4HP - 6 months ago

Leasehold
Auction
BTL
ROI: 3%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£77K - £375K
Sold Prices/m²£1.5K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£170,378
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£775 - £1,495

Rent Estimate

£780

Running Costs/mo

£645

Cashflow/mo

£135

Cashflow/yr

£1,623

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £77K to £375K, average is £160.3K. £1.5K/m² to £8.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140.3K03/230.2 mi53, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£130.5K09/210.2 mi30, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£125K12/200.2 mi12, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£107.5K10/230.2 mi37, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£138.5K04/240.2 mi13, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£115.5K04/210.2 mi19, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£140K09/210.2 mi38, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£321K01/230.25 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£200K12/200.35 mi20, Teale Court, Leeds, West Yorkshire LS7 4AY2
£190K03/210.37 mi1, Oldfield Court, Leeds, West Yorkshire LS7 4SZ2
£210K02/230.38 mi6, Teale Drive, Leeds, West Yorkshire LS7 4SW2
£180K06/230.4 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£190.1K03/210.41 mi50, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£205K03/230.41 mi32, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£195K01/210.41 mi34, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£188K09/210.41 mi59, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£135K03/230.5 mi8, Mount Pleasant Gardens, Leeds, West Yorkshire LS8 4EH2
£97.5K07/230.64 mi31, Potternewton Heights, Leeds, West Yorkshire LS7 3DD2
£210K05/230.67 miFlat 3, Ivy Court, Church Lane, Chapel Allerton, Leeds, West Yorkshire LS7 4LY2
£77K04/210.69 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£205K01/240.72 mi14, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£255K09/220.72 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£165.5K04/210.73 mi2, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£170.1K02/210.73 mi6, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£105K03/210.74 miFlat 6, Well House Court, Well House Road, Leeds, West Yorkshire LS8 4BS2
£190K09/220.74 miFlat 6, The Coach House Chapel Allerton Hall, King George Avenue, Chapel Allerton, Leeds, West Yorkshire LS7 4NP2
£132.5K11/230.75 mi12, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£130K08/230.75 mi20, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£129K02/210.75 mi2, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£115K01/230.77 mi4, Conway Mount, Leeds, West Yorkshire LS8 5HZ2
£171K10/230.78 mi20, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£137.9K01/210.78 mi9, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£140K09/210.81 mi46, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£150.5K02/210.81 mi10, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£155K12/200.81 mi6, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£153K03/230.81 mi66, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£112K02/230.82 mi20, Eltham Gardens, Leeds, West Yorkshire LS6 2TX2
£100K08/210.86 mi4, King Edwins Court, Leeds, West Yorkshire LS8 4DA2
£375K06/230.9 miFlat 10, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£300K11/200.9 miFlat 9, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£250K01/240.9 miFlat 17, Webton Court, Allerton Park, Leeds, West Yorkshire LS7 4SP2
£115K12/220.9 mi35, Carlton Rise, Leeds, West Yorkshire LS7 1HH2
£235K03/210.94 miApartment 9, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£270K05/230.94 miApartment 17, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£229.9K07/230.94 mi36, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£170K08/210.94 mi29, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£190K02/230.94 mi40, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£139K06/210.96 mi4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£139K10/220.96 miFlat, 4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£217K01/230.97 miFlat C, 81, Harrogate Road, Leeds, West Yorkshire LS7 3QE2

Local Rents

50 rents from £775/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£95005/240 miV2 Mansions, Chapeltown Road2
£98005/240 miV2 Mansions , Chapeltown Road2
£1,00005/240 miChapeltown Road, LEEDS2
£85001/250.04 mi-2
£1,10006/240.16 miNewton Road, Leeds, West Yorkshire, LS72
£85005/240.16 mi-2
£85002/240.17 mi-2
£1,39012/240.2 mi-2
£85003/250.2 mi-2
£85005/240.2 mi-2
£85005/240.2 miNewton Park Court, Leeds, LS72
£85005/240.25 miNewton Park Court, Leeds, West Yorkshire, UK, LS72
£1,15004/250.25 mi-2
£90002/250.26 mi-2
£90004/250.31 miChestnut Court, Harehills Lane, Leeds2
£1,07504/250.32 mi-2
£1,10005/240.32 miMansion View, Chapel Allerton, LS72
£1,35005/240.32 miHollybank Apartments, Chapel Allerton, Leeds2
£1,35005/240.34 miChapeltown Road, Leeds, West Yorkshire, LS72
£1,12505/240.34 miHarehills Lane, Leeds, West Yorkshire, LS72
£95005/240.34 miNewton Hill Court, Chapeltown Road, Chapel Allerton, Leeds, LS72
£90005/240.34 miHares Terrace, Leeds, West Yorkshire, LS82
£1,00001/250.38 mi-2
£85005/240.4 miGarmont Road, Chapel Allerton, Leeds, LS72
£1,20005/240.41 miScott Hall Grove, Leeds2
£1,15006/240.41 miCharnley Drive, Chapel Allerton, Leeds, LS72
£1,25005/240.41 miRoxholme Grove, Chapel Allerton, Leeds, LS72
£1,10006/240.41 miCharnley Drive, Leeds2
£1,05002/250.42 mi-2
£1,49505/240.44 miGarmont Court, Garmont Road, Chapel Allerton2
£77503/240.45 mi109 Gathorne Terrace, Leeds, West Yorkshire, LS85EZ2
£80005/240.45 miGathorne Terrace, Leeds, West Yorkshire, LS72
£77505/240.45 miFlat 2 Gathorne Terrace2
£92505/240.47 mi-2
£1,25005/240.47 miHarehills Lane, LEEDS2
£79506/240.51 miMarkham Avenue, Leeds, LS82
£77505/240.52 miRoundhay Place, Leeds, West Yorkshire, UK, LS82
£97502/250.54 mi-2
£85005/240.55 miLambton Grove, Leeds, LS82
£80002/240.55 mi-2
£90005/240.56 miLascelles Road West, Leeds, West Yorkshire, LS82
£87505/240.56 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.56 miLascelles Road, Leeds, West Yorkshire, LS82
£90006/240.57 miBanstead Street West, Leeds, West Yorkshire, LS82
£85003/240.58 miHarehills Lane, Leeds, West Yorkshire, LS82
£1,10005/240.58 miMethley Terrace, Chapel Allerton, Leeds, LS72
£87502/250.58 mi-2
£1,10003/250.59 mi-2
£79505/240.6 miBayswater Mount, Leeds, West Yorkshire, LS82
£80006/240.62 miHarehills Avenue, Leeds, LS82

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.54 miles away

Nearest school

0.20 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £150,000

December 26, 2024

Listed for £160,000

October 8, 2024

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Upper Floor Flat +
  • Two Double Bedrooms +
  • Open Plan Living +
  • Modern Kitchen & Bathroom +
  • Allocated parking space & Communal Gardens +

SUMMARY
A two double bedroom upper floor flat offering open plan living, spacious rooms, modern kitchen and bathroom. There is also an allocated parking space and access to the communal gardens. In a great location with easy access into Leeds City Centre. Offered with no onward chain.

DESCRIPTION
Offered with no onward chain we bring to the market this two double bedroom upper floor flat with spacious living accommodation and neutral decor. The property briefly comprises of an inner hall, a spacious open plan lounge and modern kitchen, two double bedrooms and modern bathroom. Outside there is an allocated parking space and communal gardens. Located close to local amenities, shops, bars and restaurants and having easy access into Leeds City Centre just a short drive or bus ride away with all the attractions that Leeds has to offer such as shopping centres, museums, Universities and much, much more. Closer to home there is the lovely Potternewton Park providing green space to relax and unwind. This property is sure to appeal to a wide range of buyers and viewing is highly recommended.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Hallway 
With doors to all rooms

Lounge/Kitchen  18' 3" x 14' 7" ( 5.56m x 4.45m )
A spacious room offering open plan living. The modern kitchen area has a range of wall and base units with complimentary work surfaces incorporating a sink, drainer and hob. Integrated appliances include an electric oven, washing machine, fridge freezer and dishwasher. There is laminate flooring throughout the whole room and there are four skylights and a window allowing natural light to flow through.

Bedroom One 16' 4" x 15' ( 4.98m x 4.57m )
A very spacious double bedroom with under eaves storage, carpet flooring and two skylights keeping the room bright and airy.

Bedroom Two  13' 1" x 12' 4" ( 3.99m x 3.76m )
A good size double bedroom with carpet flooring and a skylight.

Bathroom 
A modern bathroom, fully tiled and comprising of a panel bath with shower above, wc, wash hand basin set in a vanity unit, chrome heated towel rail, ceiling spotlights and two windows.

Outside 
There is an allocated parking space and access to communal gardens.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Moortown

0113 519 0657

Next Steps?

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