4 Bed Terraced House, Single Let, Leeds, LS11 0AS, £113,000

Recreation Mount, Leeds, West Yorkshire, LS11 0AS - 6 months ago

BTL
ROI: 6%
~129 m²
+13 photos

ValuationUndervalued

Sold Prices£94K - £308K
Sold Prices/m²£696/m² - £2.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£874/m²

Value Estimate

£137,860
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,250

Stamp Duty & Legal Fees

£6,850

Total Cash In

£35,100

 

 

Cash Out

 

Rent Range

£500 - £3,100

Rent Estimate

£675

Running Costs/mo

£508

Cashflow/mo

£167

Cashflow/yr

£2,003

ROI

6%

Gross Yield

7%

Local Sold Prices

33 sold prices from £94K to £308K, average is £135K. £696/m² to £2.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£130K03/230.04 mi56, Recreation View, Leeds, West Yorkshire LS11 0AP4
£160K02/230.12 mi11, Colenso Mount, Leeds, West Yorkshire LS11 0DQ4
£125K08/210.27 mi6, Barton Grove, Leeds, West Yorkshire LS11 8TW4
£154K04/210.3 mi11, Balm Place, Leeds, West Yorkshire LS11 9PF4
£150K10/210.41 mi9, Noster Terrace, Leeds, West Yorkshire LS11 8QF4
£135K12/210.47 mi18, Noster Hill, Leeds, West Yorkshire LS11 8QE4
£135K06/210.48 mi16, Parkfield View, Leeds, West Yorkshire LS11 7LU4
£125K10/200.51 mi46, Tempest Road, Leeds, West Yorkshire LS11 7AW4
£160K02/240.59 mi3, Cross Flatts Drive, Leeds, West Yorkshire LS11 7HY4
£125K11/230.59 mi22, Cross Flatts Drive, Leeds, West Yorkshire LS11 7HY4
£113.5K02/210.61 mi105, Wickham Street, Leeds, West Yorkshire LS11 7EJ4
£126.5K11/210.61 mi110, Tempest Road, Leeds, West Yorkshire LS11 7EG4
£137K06/210.7 mi20, Cross Flatts Place, Beeston, Leeds, West Yorkshire LS11 7JN4
£120K11/200.71 mi160, Tempest Road, Leeds, West Yorkshire LS11 7DL4
£130K03/210.71 mi47, Stratford Street, Leeds, West Yorkshire LS11 6JG4
£110K11/210.71 mi24, Linden Road, Leeds, West Yorkshire LS11 6HA4
£101.3K03/240.71 mi5, Linden Road, Leeds, West Yorkshire LS11 6HA4
£258K06/240.72 mi10, Cross Heath Grove, Leeds, West Yorkshire LS11 8UQ4
£130K11/200.73 mi54, Stratford Street, Leeds, West Yorkshire LS11 6EG4
£308K11/220.74 mi47, Cross Flatts Grove, Beeston, Leeds, West Yorkshire LS11 7NG4
£180K10/230.75 mi37, Dalton Road, Beeston, Leeds, West Yorkshire LS11 7NQ4
£160K10/210.82 mi8, Cross Flatts Mount, Beeston, Leeds, West Yorkshire LS11 7BL4
£94K01/230.84 mi40, Primrose Lane, Leeds, West Yorkshire LS11 5EW4
£125K08/230.84 mi14, Harlech Crescent, Leeds, West Yorkshire LS11 7DZ4
£206K02/210.85 mi79, Cross Flatts Avenue, Leeds, West Yorkshire LS11 7BH4
£155K03/230.85 mi107, Cross Flatts Avenue, Leeds, West Yorkshire LS11 7BH4
£228K07/210.86 mi222, Cross Flatts Grove, Beeston, Leeds, West Yorkshire LS11 7BW4
£99.5K02/230.89 mi2, Belvedere Mount, Leeds, West Yorkshire LS11 7ED4
£299.9K01/240.9 mi71, Old Lane, Leeds, West Yorkshire LS11 7AB4
£195K06/210.93 mi12, Tavistock Way, Leeds, West Yorkshire LS12 4DR4
£265.5K09/210.93 mi2, Highfield View, Leeds, West Yorkshire LS12 4UE4
£245K12/200.94 mi29, Colmore Road, Leeds, West Yorkshire LS12 4DF4
£100K12/200.96 mi10, Gilpin Terrace, Leeds, West Yorkshire LS12 1HL4

Local Rents

46 rents from £500/mo to £3.1K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£3,00005/240.04 mi-4
£1,25004/250.13 mi-4
£95005/240.16 mi-3
£92505/240.18 miNormanton Grove Beeston Leeds3
£92506/240.18 miNormanton Grove Beeston Leeds3
£1,15002/250.2 mi-4
£1,20005/240.25 mi-4
£1,10005/240.26 mi-4
£1,18003/250.28 mi-4
£1,04505/240.32 miMalvern Road, Leeds, West Yorkshire, LS113
£3,10005/240.33 mi-3
£3,10012/240.33 mi-3
£85005/240.35 miCad Beeston Mews, Leeds, West Yorkshire, LS11 8AF3
£1,00002/250.36 mi-3
£50003/250.36 mi-3
£1,30006/240.37 mi-3
£1,27506/240.39 miGreenhouse, Leeds3
£1,14005/240.47 miFlat 2, 12 Noster Hill, Leeds, LS11 8QE3
£81905/240.48 mi16 Parkfield Grove3
£1,10005/240.51 mi-5
£1,80005/240.53 miSpringwell Gardens, Springwell Road, Leeds3
£99505/240.53 mi-3
£95012/240.53 mi-3
£75012/240.54 mi-3
£1,89005/240.55 miPin Yard Leeds LS113
£1,91005/240.55 miPin Yard Leeds LS113
£1,85006/240.55 miPin Yard Leeds LS113
£80005/240.56 mi-3
£80005/240.56 miParkfield Mount, Leeds, LS113
£95005/240.57 mi-3
£1,15012/240.58 mi-3
£99505/240.58 miWesley Street, Leeds, West Yorkshire, LS113
£99503/250.59 mi-3
£1,20005/240.59 mi-5
£1,90005/240.59 miSpringwell Gardens, Springwell Road, Leeds3
£1,00003/250.6 mi-3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£2,15005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£2,05005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£2,12505/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,80005/240.61 miSpringwell Gardens, Springwell Road, Leeds3
£1,09505/240.61 miWesley Garth, Leeds, West Yorkshire, LS113

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

1.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Price changed to £113,000

April 5, 2025

Price changed to £117,000

January 31, 2025

Price changed to £119,000

January 19, 2025

Price changed to £121,000

January 8, 2025

Price changed to £123,000

January 1, 2025

Price changed to £125,000

December 19, 2024

Price changed to £129,000

December 12, 2024

Price changed to £131,000

December 5, 2024

Listed for £133,000

October 9, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • 4 Bedrooms +
  • Spacious Rooms +
  • Good Condition +
  • Easy Access to Local Amenities +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

This is a 4-bedroom end of terrace house in Leeds. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 4 spacious bedrooms, three-piece bathroom, lounge, and kitchen.

Investment Details

It currently produces an annual gross income of £8,100 which could be increased by the new owner to a market rate of £16,800 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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