2 Bed Flat, Single Let, Leeds, LS12 2EW, £73,000





ValuationUndervalued
Sold Prices | £60K - £300K |
Sold Prices/m² | £1.5K/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.1K/m² |
Value Estimate | £90,000£90,000 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £18,250£18,250 |
Stamp Duty & Legal Fees | £3,360£3,360 |
Total Cash In | £21,610£21,610 |
| |
Cash Out | |
Rent Range | £750 - £2,450£750 - £2,450 |
Rent Estimate | £929 |
Running Costs/mo | £434£434 |
Cashflow/mo | £495£495 |
Cashflow/yr | £5,941£5,941 |
ROI | 27%27% |
Gross Yield | 15%15% |
Local Sold Prices
50 sold prices from £60K to £300K, average is £176.8K. £1.5K/m² to £3.8K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£165K | 03/23 | 0.28 mi | Flat 44, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE | - | - | 2 | Flat | |
£188K | 11/22 | 0.33 mi | Flat 30, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£171K | 12/23 | 0.34 mi | Bonaire, Flat 13, Gotts Road, Leeds, West Yorkshire LS12 1DL | £2,850 | 60 | 2 | Flat | |
£235K | 10/22 | 0.34 mi | Flat 33, Bonaire, Gotts Road, Leeds, West Yorkshire LS12 1DL | - | - | 2 | Flat | |
£140K | 04/23 | 0.34 mi | Flat 10, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD | - | - | 2 | Flat | |
£172.5K | 06/21 | 0.34 mi | Flat 24, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD | - | - | 2 | Flat | |
£242K | 07/23 | 0.34 mi | Flat 17, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD | - | - | 2 | Flat | |
£177.5K | 04/23 | 0.36 mi | Flat 42, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE | - | - | 2 | Flat | |
£172K | 04/21 | 0.36 mi | Flat 13, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£169K | 12/21 | 0.36 mi | Flat 50, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE | - | - | 2 | Flat | |
£270K | 02/21 | 0.37 mi | Flat 29, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ | - | - | 2 | Flat | |
£194.5K | 03/23 | 0.37 mi | Flat 10, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ | - | - | 2 | Flat | |
£280K | 05/21 | 0.37 mi | Flat 34, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ | - | - | 2 | Flat | |
£175K | 04/21 | 0.38 mi | Flat 39, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£190.5K | 01/21 | 0.38 mi | Flat 40, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | £2,721 | 70 | 2 | Flat | |
£169.9K | 02/21 | 0.38 mi | Flat 8, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£170K | 12/22 | 0.38 mi | Flat 84, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£225K | 01/23 | 0.38 mi | Flat 86, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£185.5K | 04/21 | 0.38 mi | Flat 38, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£176K | 06/21 | 0.39 mi | Flat 47, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH | - | - | 2 | Flat | |
£148K | 03/21 | 0.39 mi | Flat 42, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH | - | - | 2 | Flat | |
£240K | 10/20 | 0.39 mi | Flat 51, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH | - | - | 2 | Flat | |
£190K | 02/23 | 0.39 mi | Flat 54, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£300K | 09/23 | 0.4 mi | Flat 79, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£187.5K | 02/21 | 0.4 mi | Flat 84, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£215K | 04/21 | 0.4 mi | Flat 43, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£186K | 08/21 | 0.4 mi | Flat 66, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£160K | 04/21 | 0.4 mi | Flat 58, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | - | - | 2 | Flat | |
£188K | 08/23 | 0.4 mi | Flat 57, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF | £2,474 | 76 | 2 | Flat | |
£220K | 11/22 | 0.41 mi | Flat 12, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD | - | - | 2 | Flat | |
£145K | 07/23 | 0.43 mi | 9, Kendal Walk, Leeds, West Yorkshire LS3 1NP | £3,152 | 46 | 2 | Flat | |
£270K | 02/23 | 0.44 mi | Flat 90, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP | - | - | 2 | Flat | |
£83K | 11/20 | 0.55 mi | 10, Masham Grove, Leeds, West Yorkshire LS12 1QT | £1,482 | 56 | 2 | Flat | |
£125K | 10/20 | 0.64 mi | Flat 1, Berkeley Court, Kelso Street, Leeds, West Yorkshire LS2 9PT | - | - | 2 | Flat | |
£125K | 10/20 | 0.64 mi | Flat 1, Berkeley Court, Kelso Street, Leeds, West Yorkshire LS2 9PT | - | - | 2 | Flat | |
£96.5K | 08/21 | 0.67 mi | 26, Tavistock Park, Leeds, West Yorkshire LS12 4DD | £1,879 | 51 | 2 | Flat | |
£95K | 10/21 | 0.67 mi | 8, Tavistock Park, Leeds, West Yorkshire LS12 4DD | £1,656 | 57 | 2 | Flat | |
£114K | 11/22 | 0.7 mi | 17, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ | - | - | 2 | Flat | |
£105K | 12/22 | 0.71 mi | 19, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ | £1,872 | 56 | 2 | Flat | |
£120K | 06/23 | 0.72 mi | 22, Tavistock Close, Leeds, West Yorkshire LS12 4DJ | £2,264 | 53 | 2 | Flat | |
£97.5K | 03/21 | 0.72 mi | 26, Tavistock Close, Leeds, West Yorkshire LS12 4DJ | £1,912 | 51 | 2 | Flat | |
£120K | 11/23 | 0.72 mi | 24, Tavistock Close, Leeds, West Yorkshire LS12 4DJ | £2,324 | 52 | 2 | Flat | |
£210K | 08/22 | 0.77 mi | 18, Butcher Street, Leeds, West Yorkshire LS11 5WF | £3,000 | 70 | 2 | Flat | |
£210K | 08/22 | 0.77 mi | 11, Butcher Street, Leeds, West Yorkshire LS11 5WF | - | - | 2 | Flat | |
£175K | 05/21 | 0.77 mi | 29, Butcher Street, Leeds, West Yorkshire LS11 5WF | £2,536 | 69 | 2 | Flat | |
£190K | 11/21 | 0.77 mi | 7, Butcher Street, Leeds, West Yorkshire LS11 5WF | £2,716 | 70 | 2 | Flat | |
£194K | 10/21 | 0.77 mi | 20, Butcher Street, Leeds, West Yorkshire LS11 5WF | £2,985 | 65 | 2 | Flat | |
£210K | 05/22 | 0.77 mi | 23, Butcher Street, Leeds, West Yorkshire LS11 5WF | £3,818 | 55 | 2 | Flat | |
£204K | 02/23 | 0.83 mi | 32, Butcher Street, Leeds, West Yorkshire LS11 5WF | - | - | 2 | Flat | |
£60K | 09/22 | 0.87 mi | 17, Hardrow Road, Leeds, West Yorkshire LS12 4BX | - | - | 2 | Flat |
Local Rents
50 rents from £750/mo to £2.5K/mo, average is £1.3K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£750 | 05/24 | 0.03 mi | Meridian House, Artist Street, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£750 | 03/24 | 0.03 mi | Meridian House, Artist Street, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,300 | 05/24 | 0.11 mi | - | 2 | Terraced House | |
£1,195 | 01/24 | 0.12 mi | - | 2 | Semi-Detached House | |
£1,235 | 02/25 | 0.12 mi | - | 2 | Semi-Detached House | |
£1,900 | 05/24 | 0.12 mi | - | 2 | Terraced House | |
£1,200 | 02/25 | 0.12 mi | - | 2 | Terraced House | |
£1,200 | 01/25 | 0.15 mi | - | 2 | Terraced House | |
£2,000 | 05/24 | 0.27 mi | Whitehall Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,295 | 05/24 | 0.27 mi | Springwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£2,000 | 05/24 | 0.27 mi | Springwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,295 | 05/24 | 0.27 mi | Springwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,900 | 06/24 | 0.27 mi | Springwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£2,450 | 06/24 | 0.29 mi | - | 2 | Flat | |
£1,100 | 06/24 | 0.29 mi | Santorini, Leeds, LS12 | 2 | Flat | |
£1,100 | 12/24 | 0.29 mi | - | 2 | Flat | |
£1,395 | 05/24 | 0.29 mi | Catalina, Gotts Road, Leeds | 2 | Flat | |
£1,530 | 06/24 | 0.3 mi | The Junction, Holbeck Place, Whitehall, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,200 | 05/24 | 0.31 mi | Gotts Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,125 | 03/24 | 0.31 mi | Gotts Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,265 | 05/24 | 0.31 mi | Gotts Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,380 | 06/24 | 0.31 mi | Aruba, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,200 | 05/24 | 0.31 mi | Aruba, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,125 | 05/24 | 0.31 mi | Aruba, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,175 | 05/24 | 0.31 mi | Aruba, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,125 | 05/24 | 0.31 mi | Aruba, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£920 | 05/24 | 0.32 mi | 25 Catalina | 2 | Flat | |
£1,280 | 05/24 | 0.32 mi | Gotts Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,305 | 06/24 | 0.32 mi | Gotts Road, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,280 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre | 2 | Flat | |
£1,375 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,095 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,330 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,250 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,135 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre | 2 | Flat | |
£1,280 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds City Centre, LS12 | 2 | Flat | |
£1,330 | 05/24 | 0.32 mi | Montague, Gotts Road, Leeds, LS12 | 2 | Flat | |
£1,540 | 05/24 | 0.33 mi | Signal Apartments, The Junction, Whitehall, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,470 | 05/24 | 0.33 mi | Signal Apartments, The Junction, Whitehall , Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,455 | 05/24 | 0.33 mi | The Junction, Whitehall, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,470 | 06/24 | 0.33 mi | The Junction, Whitehall, Leeds, West Yorkshire, LS12 | 2 | Flat | |
£1,305 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,205 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,205 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,205 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,205 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,305 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,255 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,305 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat | |
£1,305 | 05/24 | 0.33 mi | Waterside Apartments, Leeds, LS12 | 2 | Flat |
Local Area Statistics
Population in LS12 | 40,73640,736 |
Population in Leeds | 635,166635,166 |
Town centre distance | 0.65 miles away0.65 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.93 miles away0.93 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +42%+42% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +39%+39% |
Property History
Price changed to £73,000
February 20, 2025
Listed for £72,000
October 25, 2024
Floor Plans

Description
- For Sale Via Public Auction +
- Two Bedroom Apartment +
- Car Parking +
- Modern Bathroom and Kitchen +
- Close to City Centre +
- Fantastic Transport Links +
This stylish two-bedroom apartment in LS2 offers a fantastic opportunity for urban living, just a stone’s throw from Leeds City Centre. The apartment features a spacious living area, perfect for relaxation or entertaining guests. Both double bedrooms are generously sized, providing comfortable spaces for rest or work. The family bathroom is well-appointed and designed for convenience.
Situated near the popular Galleria restaurant, you'll have a variety of dining options right at your doorstep. For those who enjoy the outdoors, the Leeds Liverpool Canal is also nearby, offering scenic walks and cycling paths.
This property is being sold via auction, making it an exciting opportunity for investors or first-time buyers looking to make their mark in a vibrant area. Don’t miss your chance to secure this modern apartment in a prime location!
For sale by public auction at The DoubleTree by Hilton, Etruria Hall Festival Way, Staffordshire, ST1 5BQ on Monday 20th January 2025 at 6.30pm. We also offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack - please see the Butters John Bee website or call the auction team direct.
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)
Buyers Administration Fee
A buyer’s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them
Viewings
To view this lot, please contact the selling office
Bidding
Please contact our auction department direct on for further information or email . Further details are available in the catalogue -
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction
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