2 Bed Flat, Single Let, Leeds, LS8 4DL, £160,000

Gledhow Wood Court, Gledhow Wood Road, Leeds, LS8 4DL - 9 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£100K - £335K
Sold Prices/m²£1.5K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£164,690
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£695 - £2,650

Rent Estimate

£790

Running Costs/mo

£678

Cashflow/mo

£112

Cashflow/yr

£1,344

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £335K, average is £151.8K. £1.5K/m² to £3.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£100K08/210.04 mi4, King Edwins Court, Leeds, West Yorkshire LS8 4DA2
£165.5K04/210.11 mi2, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£170.1K02/210.11 mi6, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£105K03/210.12 miFlat 6, Well House Court, Well House Road, Leeds, West Yorkshire LS8 4BS2
£135K03/230.34 mi8, Mount Pleasant Gardens, Leeds, West Yorkshire LS8 4EH2
£175K11/200.35 miFirst And Second Floor Apartment, 454a, Roundhay Road, Leeds, West Yorkshire LS8 2HU2
£137.5K10/210.49 mi18, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£160K08/240.49 mi21, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£150K01/240.49 mi11, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£171K10/230.56 mi20, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£137.9K01/210.56 mi9, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£175.5K10/220.56 mi11, Bedford Court, Leeds, West Yorkshire LS8 2PL2
£188K09/210.63 mi59, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£190.1K03/210.63 mi50, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£205K03/230.63 mi32, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£195K01/210.63 mi34, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£140.3K03/230.64 mi53, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£130.5K09/210.64 mi30, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£125K12/200.64 mi12, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£107.5K10/230.64 mi37, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£138.5K04/240.64 mi13, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£115.5K04/210.64 mi19, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£140K09/210.64 mi38, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£200K12/200.65 mi20, Teale Court, Leeds, West Yorkshire LS7 4AY2
£210K02/230.66 mi6, Teale Drive, Leeds, West Yorkshire LS7 4SW2
£155K04/240.68 mi14, Green View Court, Leeds, West Yorkshire LS8 1LA2
£190K03/210.7 mi1, Oldfield Court, Leeds, West Yorkshire LS7 4SZ2
£132.5K11/230.71 mi12, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£130K08/230.71 mi20, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£129K02/210.71 mi2, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£115K11/200.71 miFlat 34, Rosewood Court, Park Avenue, Roundhay, Leeds, West Yorkshire LS8 2BL2
£250K07/210.76 mi5, Greystones Court, Roundhay, Leeds, West Yorkshire LS8 2HT2
£237K11/210.76 mi3, Greystones Court, Roundhay, Leeds, West Yorkshire LS8 2HT2
£275K07/210.76 mi10, Greystones Court, Roundhay, Leeds, West Yorkshire LS8 2HT2
£140K09/210.77 mi46, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£150.5K02/210.77 mi10, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£155K12/200.77 mi6, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£153K03/230.77 mi66, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£138.5K06/210.81 mi6, North Hill Close, Leeds, West Yorkshire LS8 2QP2
£130K06/240.81 mi15, North Hill Close, Leeds, West Yorkshire LS8 2QP2
£115K01/230.82 mi4, Conway Mount, Leeds, West Yorkshire LS8 5HZ2
£335K06/210.82 mi5a, The Drive, Roundhay, Leeds, West Yorkshire LS8 1JF2
£180K06/230.89 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£265K06/230.9 miFlat, 29, West Court, Roundhay, Leeds, West Yorkshire LS8 2JP2
£233K06/210.9 mi3, West Court, Roundhay, Leeds, West Yorkshire LS8 2JP2
£272K03/230.9 mi6, West Court, Roundhay, Leeds, West Yorkshire LS8 2JP2
£130K09/230.91 mi4, Oaklands Grove, Gipton, Leeds, West Yorkshire LS8 3TD2
£125K10/200.91 mi39, Lincombe Rise, Leeds, West Yorkshire LS8 1QH2
£110K08/210.92 mi20, Oaklands Court, Leeds, West Yorkshire LS8 3TP2
£273.5K05/210.93 mi10, Lake View Court, Leeds, West Yorkshire LS8 2TX2

Local Rents

44 rents from £695/mo to £2.6K/mo, average is £996/mo.

RentDateDistanceAddressBeds 
£94001/250.04 mi-2
£69505/240.12 miWell House Court, Well House Road, Leeds, LS82
£1,10005/240.15 miRavenscar Terrace, Roundhay, Leeds2
£2,65002/240.18 mi-2
£2,65005/240.18 mi-2
£2,65003/250.18 mi-2
£2,65002/240.18 mi-2
£2,65005/240.18 mi-2
£2,65003/250.18 mi-2
£99505/240.19 mi-2
£99505/240.19 miRavenscar Avenue, Leeds, LS82
£79505/240.28 mi-2
£79512/240.29 mi-2
£80006/240.31 miHarehills Avenue, Leeds, LS82
£77505/240.32 miRoundhay Place, Leeds, West Yorkshire, UK, LS82
£1,25005/240.38 miHarehills Lane, LEEDS2
£85003/240.39 miHarehills Lane, Leeds, West Yorkshire, LS82
£79505/240.4 mi6/Parkgate, LS82
£99705/240.44 mi2 Montagu Drive, Flat 92
£79506/240.44 miMarkham Avenue, Leeds, LS82
£1,00005/240.45 mi-2
£1,00005/240.45 miGledhow Lane, Leeds, LS82
£95305/240.46 mi2 Montagu Drive, Flat 32
£98805/240.47 mi2 Montagu Drive - Flat 52
£1,10005/240.5 miOakwood Lane, Leeds, West Yorkshire, UK, LS82
£1,10003/250.51 mi-2
£1,10002/240.51 mi-2
£89904/250.51 mi-2
£85005/240.54 miGledhow Wood Close, Roundhay, Leeds2
£1,12505/240.55 miHarehills Lane, Leeds, West Yorkshire, LS72
£85005/240.56 miLambton Grove, Leeds, LS82
£82503/240.56 miGledhow Wood Close, Leeds, West Yorkshire, LS82
£1,05004/240.56 mi-2
£1,25005/240.56 miRoxholme Grove, Chapel Allerton, Leeds, LS72
£89901/240.59 mi-2
£85005/240.59 miNewton Park Court, Leeds, West Yorkshire, UK, LS72
£80002/240.59 mi-2
£1,05002/250.6 mi-2
£1,30005/240.6 mi-2
£1,30011/240.6 mi-2
£95004/250.61 mi-2
£1,10005/240.61 miMansion View, Chapel Allerton, LS72
£1,07504/250.61 mi-2
£90005/240.61 miHares Terrace, Leeds, West Yorkshire, LS82

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

2.32 miles away

Nearest school

0.40 miles away

Nearest train station

2.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £160,000

October 31, 2024

Floor Plans

Description

  • 2 bedroom apartment +
  • PVCu double glazing +
  • Modern fitted kitchen +
  • Lounge/diner +
  • White bathroom suite +
  • Communal gardens +
  • Garage +
  • Material Information Available - Ask Agent +

A two double bedroom first floor apartment of approx. 53.7m2 / 578 sqft, which would make an ideal first time purchase as the property is ready to move into and offers views to the front and has the added advantage of no chain involved.

The property is reached via a communal entrance to the rear of the building. There is an internal entrance hall which provides access to all the rooms. There is a living/dining room with large window to the front elevation offering far reaching views, a modern fitted kitchen a bathroom with three piece suite, a double bedroom to the front elevation and a double bedroom to the rear. The apartment has a garage situated to the side of the building.

Gledhow Wood Court has a communal car park for residents use. Local facilities and amenities on Roundhay Road and Oakwood Parade include independent bars, cafes and restaurants, shops and a large Tesco Supermarket. Iconic Oakwood Clock hosts a popular monthly Farmers Market. Leafy Roundhay Park is at the top of Roundhay Road and offers many recreational amenities including lakeside walks, parkland, and sports grounds on Soldiers Field.

Agent Details

Manning Stainton, Roundhay

0113 519 1653

Next Steps?

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