3 Bed Terraced House, Refurb/BRRR, Leeds, LS10 3RN, £130,000

Manor Farm Drive, Leeds, West Yorkshire, LS10 3RN - 6 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£125K - £270K
Sold Prices/m²£1.5K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£131,300

 

 

End Value (After Refurb)

£217,246

Uplift in Value

+67%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£37,139

Bridging Loan Interest

£3,413

Total Cash In

£79,902

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£217,246

Agent Fees (1%)

£2,172

Bridging Loan

£97,500

Bridging Loan Interest

£3,413

Flip Profit

£37,672

Local Sold Prices

49 sold prices from £125K to £270K, average is £180K. £1.5K/m² to £3.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£151K08/230 mi98, Manor Farm Drive, Leeds, West Yorkshire LS10 3RN3
£140K03/230.07 mi35, Manor Farm Close, Leeds, West Yorkshire LS10 3RH3
£200K04/230.12 mi57, Manor Farm Way, Leeds, West Yorkshire LS10 3RB3
£130K04/240.12 mi50, Manor Farm Way, Leeds, West Yorkshire LS10 3RB3
£249.9K02/240.17 mi168, Town Street, Middleton, Leeds, West Yorkshire LS10 3TH3
£220K12/230.17 mi188, Town Street, Middleton, Leeds, West Yorkshire LS10 3TH3
£140K01/240.18 mi35, Manor Farm Drive, Leeds, West Yorkshire LS10 3RE3
£185K06/240.21 mi100, Newhall Crescent, Leeds, West Yorkshire LS10 3RD3
£138K11/230.21 mi73, Newhall Crescent, Leeds, West Yorkshire LS10 3RD3
£270K10/230.24 mi3, Avocet Garth, Leeds, West Yorkshire LS10 3HE3
£175K09/230.24 mi20, Mount Pleasant, Leeds, West Yorkshire LS10 3TB3
£138K03/210.24 mi10, Mount Pleasant, Leeds, West Yorkshire LS10 3TB3
£130K03/230.24 mi19, Mount Pleasant, Leeds, West Yorkshire LS10 3TB3
£207K11/210.27 mi21, Lingwell Avenue, Leeds, West Yorkshire LS10 3SY3
£169.9K12/210.28 mi15, Newhall Garth, Leeds, West Yorkshire LS10 3QX3
£176K06/240.29 mi34, Newhall Road, Leeds, West Yorkshire LS10 3RR3
£161K08/210.29 mi24, Hopewell View, Leeds, West Yorkshire LS10 3TE3
£220K02/230.29 mi26, Hopewell View, Leeds, West Yorkshire LS10 3TE3
£200K06/230.29 mi19, Lingwell Crescent, Leeds, West Yorkshire LS10 3SZ3
£170K02/240.29 mi23, Lingwell Crescent, Leeds, West Yorkshire LS10 3SZ3
£206K10/230.29 mi22, Lingwell Crescent, Leeds, West Yorkshire LS10 3SZ3
£235K02/230.29 mi20, North Lingwell Road, Leeds, West Yorkshire LS10 3SR3
£210K01/230.29 mi11, Sanderling Garth, Leeds, West Yorkshire LS10 3UJ3
£210K01/210.29 mi44, North Lingwell Road, Leeds, West Yorkshire LS10 3SR3
£250K05/240.3 mi14, North Lingwell Road, Leeds, West Yorkshire LS10 3SR3
£187K08/210.3 mi19, Shelldrake Drive, Leeds, West Yorkshire LS10 3NB3
£170K02/210.33 mi3, Turnstone Court, Leeds, West Yorkshire LS10 3DH3
£185K12/220.34 mi24, Sanderling Way, Leeds, West Yorkshire LS10 3UH3
£160K07/230.36 mi51, Town Street, Middleton, Leeds, West Yorkshire LS10 3NG3
£190K06/240.36 mi9, Dunlin Croft, Leeds, West Yorkshire LS10 3UW3
£165K11/210.37 mi58, Aberfield Drive, Leeds, West Yorkshire LS10 3PY3
£180K04/210.38 mi36, Ring Road, Middleton, Leeds, West Yorkshire LS10 4AX3
£207.5K11/200.38 mi7, Moor Flatts Avenue, Leeds, West Yorkshire LS10 3SS3
£225K09/230.38 mi7, Moor Flatts Avenue, Leeds, West Yorkshire LS10 3SS3
£195K08/230.38 mi44, Ring Road, Middleton, Leeds, West Yorkshire LS10 4AX3
£270K10/220.38 mi2, Ring Road, Middleton, Leeds, West Yorkshire LS10 4AX3
£250K09/230.38 mi42, Ring Road, Middleton, Leeds, West Yorkshire LS10 4AX3
£152K11/200.39 mi26, Lanshaw Terrace, Leeds, West Yorkshire LS10 3NT3
£170K05/230.4 mi83, Aberfield Drive, Leeds, West Yorkshire LS10 3QA3
£136K08/210.41 mi54, Lanshaw Crescent, Leeds, West Yorkshire LS10 3NN3
£170K12/200.41 mi17, Lanshaw Crescent, Leeds, West Yorkshire LS10 3NN3
£180K12/200.42 mi6, Lanshaw Terrace, Leeds, West Yorkshire LS10 3NX3
£125K06/210.45 mi18, Winrose Approach, Leeds, West Yorkshire LS10 3PZ3
£161K07/210.45 mi11, Lanshaw Place, Leeds, West Yorkshire LS10 3NP3
£190K07/210.45 mi18, Lanshaw Place, Leeds, West Yorkshire LS10 3NP3
£156.8K04/210.46 mi221, Winrose Drive, Leeds, West Yorkshire LS10 3HA3
£156.8K05/230.46 mi249, Winrose Drive, Leeds, West Yorkshire LS10 3HA3
£182K07/230.46 mi239, Winrose Drive, Leeds, West Yorkshire LS10 3HA3
£245K09/230.48 mi9, St Philips Avenue, Leeds, West Yorkshire LS10 3SJ3

Local Rents

10 rents from £875/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£2,60003/250.23 mi-3
£95001/250.24 mi-3
£1,20004/250.27 mi-3
£1,00012/240.29 mi-3
£98001/240.3 mi-3
£1,50004/250.31 mi-3
£1,29002/240.39 mi-3
£1,15004/240.39 mi-3
£87505/240.55 miMiddleton Park Circus3
£1,10005/240.56 mi-3

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

3.35 miles away

Nearest school

0.30 miles away

Nearest train station

2.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £130,000

October 26, 2024

Description

  • No onward chain +
  • Great project +
  • Close to motorway links +
  • Double glazed +
  • Gas central heating +
  • Material information available +

Offered with no onward chain is this three bedroom mid terrace with stunning views over Leeds city centre to the rear. In need of modernising this property is priced accordingly and must be viewed to be appreciated.

Situated within close proximity to motorway links such as the M62 and M1 this makes an attractive purchase for the commuter. Good local primary and secondary schools are also close by making this home ideal for the growing family.

The ground floor comprises of; spacious lounge with windows to the front and rear double glazed. The kitchen is fully fitted with a range of wall and base mounted units with complimentary work surfaces over and has access to the rear garden via a stable door.

Moving upstairs you will find three well-proportioned bedrooms all having ample floor space for suitable bedroom furniture. The bathroom consists of; bath and wash hand basin. Completing the first floor is a separate WC.

Externally the rear garden is of a good size and gets plenty of sunlight throughout the day making it a great space for entertaining friends and family.

Agent Details

Manning Stainton, Beeston

0113 519 1497

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪