2 Bed Flat, Single Let, Leeds, LS10 4GH, £140,000

New Forest Way, Leeds, West Yorkshire, LS10 4GH - 13 views - 6 months ago

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Leasehold

BTL

ROI: 6%

~68 m²

+6 photos

ValuationOvervalued

Sold Prices	£90K - £155K
Sold Prices/m²	£1.6K/m² - £2.4K/m²

Square Metres	~68.11 m²
Price/m²	£2.1K/m²
Value Estimate	£130,754£130,754

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£5,400£5,400
Total Cash In	£40,400£40,400

Cash Out
Rent Range	£775 - £1,700£775 - £1,700
Rent Estimate	£825
Running Costs/mo	£623£623
Cashflow/mo	£203£203
Cashflow/yr	£2,430£2,430
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

25 sold prices from £90K to £155K, average is £112K. £1.6K/m² to £2.4K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£97.5K	02/21	0.01 mi	17, New Forest Way, Leeds, West Yorkshire LS10 4GH	£1,990	49	2	Flat
£108.5K	06/23	0.01 mi	26, New Forest Way, Leeds, West Yorkshire LS10 4GH	-	-	2	Flat
£104K	10/20	0.06 mi	50, Murray Avenue, Leeds, West Yorkshire LS10 4GS	£1,990	52	2	Flat
£105K	06/21	0.06 mi	30, Murray Avenue, Leeds, West Yorkshire LS10 4GS	£2,009	52	2	Flat
£100K	12/20	0.15 mi	7, Topliss Way, Leeds, West Yorkshire LS10 4FQ	£1,639	61	2	Flat
£128K	07/24	0.15 mi	87, New Forest Way, Leeds, West Yorkshire LS10 4FD	-	-	2	Flat
£105K	09/21	0.21 mi	79, The Oaks, Leeds, West Yorkshire LS10 4GZ	£1,780	59	2	Flat
£120K	05/24	0.23 mi	14, Woodside Court, Middleton, Leeds, West Yorkshire LS10 4US	£2,034	59	2	Flat
£99K	04/21	0.36 mi	6, Waggon Road, Leeds, West Yorkshire LS10 4GT	-	-	2	Flat
£123.8K	06/23	0.36 mi	26, Waggon Road, Leeds, West Yorkshire LS10 4GT	£2,426	51	2	Flat
£112K	10/23	0.37 mi	40, Oak Drive, Middleton, Leeds, West Yorkshire LS10 4GQ	£1,806	62	2	Flat
£110K	06/21	0.44 mi	210, Waggon Road, Leeds, West Yorkshire LS10 4GX	£1,773	62	2	Flat
£132K	11/22	0.44 mi	212, Waggon Road, Leeds, West Yorkshire LS10 4GX	£2,129	62	2	Flat
£130K	06/23	0.44 mi	208, Waggon Road, Leeds, West Yorkshire LS10 4GX	£2,097	62	2	Flat
£155K	07/23	0.72 mi	502, Leeds Road, Robin Hood, Wakefield, West Yorkshire WF3 3AJ	£1,667	93	2	Flat
£125K	08/22	0.81 mi	36, Oast House Croft, Robin Hood, Wakefield, West Yorkshire WF3 3BS	-	-	2	Flat
£118K	11/22	0.82 mi	45, Oast House Croft, Robin Hood, Wakefield, West Yorkshire WF3 3BS	-	-	2	Flat
£90K	09/21	0.83 mi	17, Helmsley Court, Middleton, Leeds, West Yorkshire LS10 4UF	-	-	2	Flat
£120K	12/22	0.84 mi	51, Oast House Croft, Robin Hood, Wakefield, West Yorkshire WF3 3BS	£2,353	51	2	Flat
£125K	09/22	0.87 mi	16, Farrier Way, Robin Hood, Wakefield, West Yorkshire WF3 3TY	-	-	2	Flat
£110K	07/23	0.87 mi	44, Blacksmith Mews, Robin Hood, Wakefield, West Yorkshire WF3 3TZ	-	-	2	Flat
£105K	06/21	0.87 mi	5, Blacksmith Mews, Robin Hood, Wakefield, West Yorkshire WF3 3TZ	£1,780	59	2	Flat
£105K	01/21	0.87 mi	38, Blacksmith Mews, Robin Hood, Wakefield, West Yorkshire WF3 3TZ	£1,944	54	2	Flat
£116.3K	05/22	0.87 mi	7, Blacksmith Mews, Robin Hood, Wakefield, West Yorkshire WF3 3TZ	-	-	2	Flat
£115K	04/22	0.88 mi	22, Farrier Way, Robin Hood, Wakefield, West Yorkshire WF3 3TY	£2,018	57	2	Flat

Local Rents

26 rents from £775/mo to £1.7K/mo, average is £895/mo.

Rent	Date	Distance	Address	Beds	Type
£895	02/25	0 mi	-	2	Flat
£850	04/25	0.02 mi	-	2	Flat
£895	02/25	0.03 mi	-	2	Flat
£775	05/24	0.06 mi	Murray Avenue, Middleton, LS10	2	Flat
£825	04/24	0.13 mi	-	2	Flat
£850	03/25	0.13 mi	-	2	Flat
£950	05/24	0.13 mi	Fenton Gate, Middleton, Leeds, West Yorkshire, LS10	2	Flat
£875	02/24	0.13 mi	-	2	Flat
£900	01/24	0.23 mi	-	2	Flat
£950	01/25	0.23 mi	-	2	Flat
£880	05/24	0.23 mi	Woodside Court, Middleton, Leeds, LS10 4US	2	Flat
£1,700	01/25	0.26 mi	-	2	Semi-Detached House
£875	04/25	0.27 mi	-	2	Flat
£800	03/25	0.31 mi	-	2	Flat
£1,150	12/24	0.32 mi	-	2	Semi-Detached House
£900	01/24	0.4 mi	-	2	Flat
£850	05/24	0.42 mi	Waggon Road, Leeds, West Yorkshire, UK, LS10	2	Flat
£850	05/24	0.42 mi	Waggon Road, Leeds, West Yorkshire, UK, LS10	2	Flat
£825	05/24	0.43 mi	Sanderling Way, Middleton, LS10	2	Detached House
£850	12/24	0.46 mi	-	2	Flat
£993	05/24	0.47 mi	-	2	Semi-Detached House
£900	11/24	0.47 mi	-	2	Semi-Detached House
£900	05/24	0.47 mi	-	2	Detached House
£900	05/24	0.47 mi	-	2	Semi-Detached House
£995	03/25	0.53 mi	-	2	Semi-Detached House
£925	05/24	0.62 mi	Raylands Lane, Leeds, LS10 4AP	2	Terraced House

Local Area Statistics

Population in LS10	35,59335,593
Population in Leeds	635,166635,166
Town centre distance	4.02 miles away4.02 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	2.22 miles away2.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+34%+34%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £140,000

October 28, 2024

Description

2 Bedroom Apartment +
New Forest Village +
Juliette Balcony +
Local Amenities +
Great Transport Links +

Whitegates South Leeds are delighted to welome to the market this stunning second floor 2 bedroom apartment in the popular New forest village complex. There is a spacious living lounge/ kitchen with a range of wall and base units, patio doors that bring in ample lighting lead to a juliette balcony. There are 2 generous bedrooms. The property is fully electric and has made to measure blinds throughout. The property benefits from being close to local amenities and has great transport links. Viewings are highly recommended for this property. To arrange a viewing please call .

Agent Details

Whitegates, South Leeds

0113 519 3422

Next Steps?

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

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