2 Bed Bungalow, Refurb/BRRR, Leeds, LS27 8NS, £235,000

Croft House View, Morley, Leeds, LS27 8NS - 5 months ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£96.5K - £327.5K
Sold Prices/m²£1.4K/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£160,389

 

 

End Value (After Refurb)

£235,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£12,950

Refurb Costs

£27,164

Bridging Loan Interest

£6,169

Total Cash In

£106,782

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,000

Mortgage (After Refinance)

£176,250

Mortgage LTV

75%

Cash Left In

£106,782

Equity

£58,750

Rent Range

£595 - £1,150

Rent Estimate

£849

Running Costs/mo

£924

Cashflow/mo

£-75

Cashflow/yr

£-902

Gross Yield

4%

Local Sold Prices

50 sold prices from £96.5K to £327.5K, average is £165.3K. £1.4K/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£235K07/230 mi9, Croft House View, Morley, Leeds, West Yorkshire LS27 8NS2
£205K02/210 mi1, Croft House View, Morley, Leeds, West Yorkshire LS27 8NS2
£190K09/210.04 mi26, Croft House Drive, Morley, Leeds, West Yorkshire LS27 8NU2
£183.5K11/200.04 mi31, Croft House Drive, Morley, Leeds, West Yorkshire LS27 8NU2
£223K12/220.04 mi28, Croft House Drive, Morley, Leeds, West Yorkshire LS27 8NU2
£130K01/240.08 mi51, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NT2
£183K08/230.08 mi131, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NT2
£142.5K12/200.08 mi113, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NT2
£225K12/220.08 mi8, Croft House Mews, Morley, Leeds, West Yorkshire LS27 8NP2
£327.5K12/220.09 mi6, Croft House Avenue, Morley, Leeds, West Yorkshire LS27 8NX2
£235K01/230.09 mi9, Croft House Gardens, Morley, Leeds, West Yorkshire LS27 8NY2
£188K11/210.09 mi1, Croft House Gardens, Morley, Leeds, West Yorkshire LS27 8NY2
£200K01/210.09 mi147, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NZ2
£215.5K05/230.09 mi141, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NZ2
£135K09/210.1 mi68, New Bank Street, Morley, Leeds, West Yorkshire LS27 8NA2
£175K02/210.11 mi38, Croft House Way, Morley, Leeds, West Yorkshire LS27 8UB2
£190K12/210.12 mi6, Croft House Grove, Morley, Leeds, West Yorkshire LS27 8PA2
£210K05/230.12 mi2, Croft House Grove, Morley, Leeds, West Yorkshire LS27 8PA2
£175K12/200.12 mi25, Croft House Grove, Morley, Leeds, West Yorkshire LS27 8PA2
£215K08/230.15 mi57, King George Avenue, Morley, Leeds, West Yorkshire LS27 8NJ2
£230K02/230.16 mi3, Croft House Mount, Morley, Leeds, West Yorkshire LS27 8NN2
£200K07/210.17 mi8, Croft House Way, Morley, Leeds, West Yorkshire LS27 8UA2
£175K11/200.17 mi3, Croft House Close, Morley, Leeds, West Yorkshire LS27 8PD2
£155K11/200.18 mi58, Albert Road, Morley, Leeds, West Yorkshire LS27 8JY2
£147K09/210.2 mi3, Nelson Place, Morley, Leeds, West Yorkshire LS27 8LX2
£162K03/240.2 mi17, Nelson Place, Morley, Leeds, West Yorkshire LS27 8LX2
£138.8K11/200.21 mi3, California Mews, Morley, Leeds, West Yorkshire LS27 8LR2
£134.5K05/210.21 mi58, Troy Road, Morley, Leeds, West Yorkshire LS27 8JE2
£134.5K05/210.21 mi58, Troy Road, Morley, Leeds, West Yorkshire LS27 8JE2
£182.5K07/210.23 mi10, Albert Road, Morley, Leeds, West Yorkshire LS27 8JU2
£175K04/210.24 mi15, Appleby Way, Morley, Leeds, West Yorkshire LS27 8LA2
£115K02/210.24 mi37, Station Road, Morley, Leeds, West Yorkshire LS27 8JR2
£135K05/210.27 mi92, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JD2
£145.5K06/230.27 mi12, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JD2
£131.5K02/240.27 mi106, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JD2
£122K02/230.28 mi1, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£120K06/210.29 mi8, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£96.5K02/210.29 mi2, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£127.5K11/210.29 mi113, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JB2
£168K08/230.29 mi115, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JB2
£143.7K12/220.29 mi31, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JB2
£130K05/210.29 mi67, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JB2
£142.5K01/230.31 mi5, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£120K05/230.31 mi22, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£165K02/240.31 mi4, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£150K03/230.32 mi118, Peel Street, Morley, Leeds, West Yorkshire LS27 8RN2
£165.5K05/210.33 mi51a, Victoria Road, Morley, Leeds, West Yorkshire LS27 9NU2
£282K09/210.33 mi5, Sandmead Close, Morley, Leeds, West Yorkshire LS27 9JL2
£108K09/210.34 mi6, Ilford Street, Morley, Leeds, West Yorkshire LS27 8QJ2
£156.5K02/240.34 mi41a, Clough Street, Morley, Leeds, West Yorkshire LS27 8RL2

Local Rents

50 rents from £595/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87503/240.06 mi-2
£75005/240.06 miNew Bank Street, Morley, Leeds, West Yorkshire, LS272
£99502/250.08 mi-2
£1,15005/240.08 miCroft House Mews, Morley, Leeds2
£75005/240.1 miNew Bank Street, Morley2
£80012/240.15 mi-2
£89505/240.15 miBarwick Court, Station Road, Morley, Leeds2
£77510/240.16 mi-2
£75004/240.16 mi-2
£77511/240.17 mi-2
£1,00005/240.17 miCroft House Way, Morley, Leeds, West Yorkshire2
£89505/240.2 miNelson Place, Morley2
£80005/240.2 miStephenson House, Pullman Court, Morley2
£90010/230.2 mi-2
£1,00001/250.2 mi-2
£75005/240.21 miCalifornia Mews, Morley, Leeds2
£90010/240.22 mi-2
£76010/240.23 mi-2
£95005/240.23 miAlbert Road, Morley, Leeds, West Yorkshire, LS272
£75001/240.23 mi-2
£77512/240.23 mi-2
£85005/240.23 miFLAT 17 Hanover Court,Albert Road, LS272
£92501/250.23 mi-2
£59505/240.23 mi-2
£92509/230.23 mi-2
£82502/250.25 mi-2
£95001/250.26 mi-2
£69505/240.26 miClough Street, Morley, Leeds, LS272
£87505/240.27 miAckroyd Street, Morley, LS272
£85003/250.27 mi-2
£78509/230.27 mi-2
£85002/250.27 mi-2
£82505/240.27 miZoar Street, Morley, Leeds, LS272
£97502/250.28 mi-2
£95003/250.29 mi-2
£85005/240.29 miProspect Mews Morley Leeds LS27 9EQ2
£85005/240.29 miProspect Mews Morley Leeds LS27 9EQ2
£61505/240.3 miCheapside, Morley, Leeds2
£79505/240.3 miZoar Street Morley Leeds2
£80002/250.3 mi-2
£97509/240.31 mi-2
£80001/250.32 mi-2
£87512/240.32 mi-2
£75005/240.33 miQueen Street, Morley, LS272
£85005/240.33 miPeel Street, Morley, Leeds, West Yorkshire, LS272
£85005/240.34 miSpringfield Lane Morley Leeds2
£95005/240.38 mi-2
£90005/240.38 mi-2
£89505/240.39 miPeel Street, Morley, Leeds, West Yorkshire, LS272
£82512/240.39 mi-2

Local Area Statistics

Population in LS27

35,679

Population in Leeds

635,166

Town centre distance

3.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £235,000

March 8, 2025

Price changed to £240,000

December 26, 2024

Listed for £250,000

October 15, 2024

Floor Plans

Description

  • Two bedroom semi detached bungalow +

  • Well presented throughout +

  • Corner plot position +

  • Well maintained gardens +

  • Driveway and single garage +

  • The property benefited from a partial refurb in 2017 +

SUMMARY
NO ONWARD CHAIN.Situated on a popular residential location within close proximity to Morley Town Centre and set on a CORNER PLOT POSITION with GARDENS to three sides, DRIVEWAY, SINGLE GARAGE, LIVING ROOM, KITCHEN, TWO BEDROOMS and HOUSE BATHROOM. The property benefited from a partial refurb in 2017.

DESCRIPTION
William H Brown are proud to bring to the market this two bedroom semi-detached bungalow in a wonderful residential area and offered with NO ONWARD CHAIN. The property is in a prime location, set on a good sized corner plot and within easy reach of Morley Town Centre and all the amenitiies it has to offer and having good access to motorway links. The bungalow is well presented throughout and ready to move into and comprises of: Spacious living room, separate kitchen, two good sized bedrooms and a house bathroom. Externally the property benefits from well presented lawned gardens to three sides with mature plants and shrubs, a driveway and single garage. The property benefited from a £20k+ partial refurb in 2017 for more information please contact the agent.

Living Room 19' 8" x 13' 2" into recess ( 5.99m x 4.01m into recess )
Composite double glazed door to the side, uPVC double glazed windows to the front, gas central heating radiator, gas feature fire. Doors leading through to the kitchen and inner hallway.

Kitchen 9' 1" x 10' 11" ( 2.77m x 3.33m )
Has a fully fitted kitchen with a range of wall and base mounted units with complementary work surfaces over, incorporating sink and drainer with mixer tap, integrated fridge and freezer, integrated oven, gas hob with fitted extractor fan, space for a washing machine, gas central heating radiator, uPVC double glazed window to the rear and a Composite double glazed door to the rear.

Inner Hallway 
Giving access to both bedrooms, bathroom and loft access.

Bedroom One 12' 3" x 10' 2" ( 3.73m x 3.10m )
uPVC double glazed window to the front, gas central heating radiator and fitted wardrobes.

Bedroom Two 12' 6" x 7' 2" ( 3.81m x 2.18m )
uPVC double glazed window to the rear, gas central heating radiator and fitted wardrobes.

House Bathroom 
A three piece bathroom suite comprising of a shower cubicle with electric shower, low level flush WC, wash hand basin, chrome heated towel rail, fully tiled walls to all visible areas, uPVC double glazed window to the rear.

Loft Space 
Having lighting and housing the gas central heating boiler.

Exterior 
Well presented lawned garden to the front and side with mature plants and shrubs, steps leading to the front door and driveway leading to the single garage which has up and over door and to the rear is an easy to maintain paved garden with lawn and graveled areas with fence boundaries.

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, Morley

0113 519 0441

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