2 Bed Flat, Single Let, Leeds, LS9 8ER, £224,959

Worsted House, East Street Mills, LS9 8ER - 3 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~55 m²
+6 photos

ValuationOvervalued

Sold Prices£80K - £400K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~54.80 m²
Price/m²£4.1K/m²

Value Estimate

£173,182

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,240

Stamp Duty & Legal Fees

£7,949

Total Cash In

£64,189

 

 

Cash Out

 

Rent Range

£760 - £4,853

Rent Estimate

£950

Running Costs/mo

£913

Cashflow/mo

£37

Cashflow/yr

£444

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £400K, average is £193.8K. £1.1K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£234.7K01/240.03 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£255K10/220.14 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.14 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.14 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.14 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.14 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.14 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£400K05/210.15 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£178K02/230.16 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.16 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.16 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.16 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£170K04/210.19 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£190K01/230.2 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£160K11/200.2 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.2 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.2 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£170K10/230.21 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£165K04/210.21 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£192K01/210.3 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.3 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.31 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£200K03/210.38 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.38 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.38 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.38 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£255K07/240.49 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.49 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.49 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.49 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£85K06/210.55 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£205K08/230.72 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£215K11/220.75 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.75 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.75 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.75 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£129.5K02/240.75 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£190K08/230.8 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.8 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£185K01/230.83 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£128K01/230.86 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£80K06/230.89 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£204K02/230.91 mi32, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£80K12/220.92 mi23, Shakespeare Grange, Leeds, West Yorkshire LS9 7UA2
£210K08/220.97 mi11, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K08/220.97 mi18, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£175K05/210.97 mi29, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£190K11/210.97 mi7, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£194K10/210.97 mi20, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K05/220.97 mi23, Butcher Street, Leeds, West Yorkshire LS11 5WF2

Local Rents

50 rents from £760/mo to £4.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15005/240.01 miTrinity One, East Street, Leeds, West Yorkshire, LS92
£99505/240.03 miNeptune Street, Leeds, West Yorkshire, UK, LS92
£1,10005/240.03 miEast Street, Leeds, West Yorkshire, LS92
£1,25002/250.04 mi-2
£1,20002/240.04 mi-2
£1,05004/250.04 mi-2
£1,25003/240.04 miRoberts Wharf, Leeds2
£1,00005/240.04 miRoberts Wharf LS9 8DW2
£1,15006/240.04 miEast Point, Leeds, West Yorkshire, LS92
£1,19505/240.04 miMerchants Quay, East Street, Leeds2
£1,15005/240.05 miEast Point, East Street, Leeds, West Yorkshire, LS92
£1,05005/240.05 miRoberts Wharf, Neptune Street, Leeds, LS9 8DW2
£1,10005/240.05 miRoberts Wharf, East Street, Leeds2
£1,17505/240.05 miRoberts Wharf, East Street, Leeds2
£1,50012/240.05 mi-2
£97505/240.05 miRoberts Wharf, Neptune Street, Leeds, West Yorkshire, LS92
£1,35002/240.06 mi-2
£1,10006/240.06 miEast Street, Leeds2
£97506/240.07 miTrinity One, East Street, Leeds2
£1,15003/250.07 mi-2
£1,20003/250.07 mi-2
£1,39505/240.08 miNeptune Street, Leeds, West Yorkshire, UK, LS92
£95006/240.08 miTrinity One 2
£1,10005/240.09 miTimblebeck, Neptune Street, Leeds, West Yorkshire, LS92
£1,20005/240.11 miEllerby Road, Leeds, West Yorkshire, LS92
£4,85301/250.11 mi-2
£4,85303/250.11 mi-2
£95006/240.12 miSaxton Gardens, Leeds City Centre2
£90005/240.12 miSaxton, The Avenue2
£1,35005/240.12 miCartier House, Leeds Dock2
£1,30005/240.12 miMerchants Quay, East Street, Leeds, West Yorkshire, UK, LS92
£1,10005/240.13 miGateway South The Gateway Leeds LS9 8BD2
£1,10005/240.13 miSaxton, Leeds City Centre2
£1,80012/240.13 mi-2
£1,60012/240.13 mi-2
£1,80005/240.13 miTurlow Court, Leeds, LS92
£1,25005/240.13 mi-2
£1,20005/240.13 miPublic Haus2
£1,00005/240.13 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,25001/250.14 mi-2
£1,19505/240.14 miGateway East, Marsh Lane, Leeds2
£1,05003/240.14 miGateway East, Marsh Lane, Leeds2
£1,19505/240.14 miGateway East, Marsh Lane, Leeds, LS92
£1,10005/240.14 miGateway East, Marsh Lane, Leeds, LS92
£1,25012/240.14 mi-2
£1,25006/240.14 miMarsh Lane, Leeds, LS92
£1,05005/240.14 mi-2
£95012/240.14 mi-2
£76005/240.14 miGateway South 2
£99505/240.15 miThe Gateway West, Marsh Lane, Leeds2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £224,959

November 5, 2024

Floor Plans

Description

  • TWO BEDROOM APARTMENT +
  • ALLOCATED SECURE PARKING +
  • CONVERSION FEATURES INC HIGH CEILINGS, EXPOSED ROOF BEAMS AND EXPOSED BRICKWORK +
  • JULIETTE BALCONY +
  • ONSITE CARETAKER +
  • APPROX 600 SQ FT +
  • LIFT ACCESS AND MONITORED CCTV THROUGHOUT +
  • COUNCIL TAX BAND: D +
  • EPC: +
  • LEASEHOLD +

A top floor two bedroom apartment in a very well-established Grade II listed conversion. Many of the city's amenities are within easy walking distance including the General Infirmary (30 mins), the Law Courts (21 mins), the Railway Station, (25 mins) the business district (31 mins), BBC Yorkshire (9 mins), the bus station (11 mins), West Yorkshire Play House (11 mins), Northern Ballet (9 mins) and the main shopping areas of Trinity (16 mins) and Victoria Gate (15 mins) are also close by. Additionally, there are many facilities at Leeds Dock (12 mins) including a Tesco Metro, restaurants, cafes, bars and multi-storey car parking.

(Walking times from Google maps).

We are advised of the following leasehold charges:
Service charge £1510
Ground rent is £250 P.A
Lease Length: 125 years from and including 1 July 2008
Council tax band: D

This Grade II Listed development, formerly a flax spinners and canvas manufacturers was originally laid out between 1822-26 and occupied by Moses Atkinson. Converted by Blackbrook Valley Developments in the early 2000s East Street Mills consists of 120 apartments set within five individual buildings; Worsted House comprises 42 apartments. The development sits between East Street and Bow Street with access from both sides. Some apartments have balconies, and many retain conversion features such as exposed brickwork, cast iron pillars, original roof timbers and feature windows. The site benefits from on-site caretaker, extensive CCTV system, cycle storage and Hyperoptic high-speed internet is available.

Agent Details

Zenko City Living, Leeds

0113 519 5649

Next Steps?

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