2 Bed Flat, Single Let, Leeds, LS9 8NQ, £140,000

Cross Green Lane, Leeds, LS9 8NQ - 5 months ago

Leasehold
BTL
ROI: 9%
~57 m²
+12 photos

ValuationUndervalued

Sold Prices£80K - £400K
Sold Prices/m²£1.2K/m² - £4K/m²

 

 

Square Metres

~57.20 m²
Price/m²£2.4K/m²

Value Estimate

£172,200
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£895 - £4,750

Rent Estimate

£975

Running Costs/mo

£653

Cashflow/mo

£323

Cashflow/yr

£3,870

ROI

9%

Gross Yield

8%

Local Sold Prices

46 sold prices from £80K to £400K, average is £190K. £1.2K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£165K04/210.05 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.06 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£160K11/200.07 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.07 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£400K05/210.1 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£234.7K01/240.28 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£85K06/210.31 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£170K04/210.34 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£170K10/230.37 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£255K10/220.38 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.38 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.38 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.38 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.38 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.38 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£190K01/230.38 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£178K02/230.4 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.4 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.4 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.4 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£205K08/230.51 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£192K01/210.54 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.54 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.54 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£190K08/230.6 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.6 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£200K03/210.62 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.62 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.62 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.62 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£185K01/230.63 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£129.5K02/240.65 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£255K07/240.71 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.71 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.71 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.71 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£128K01/230.77 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£215K11/220.93 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.93 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.93 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.93 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£80K06/230.96 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£100K08/220.99 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.99 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£93K07/220.99 mi32, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£107K10/200.99 mi14, Admiral Street, Leeds, West Yorkshire LS11 5NG2

Local Rents

50 rents from £895/mo to £4.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£2,25003/250 mi-2
£3,00005/240 mi-2
£4,50012/240 mi-2
£2,29502/240 mi-2
£2,29505/240 mi-2
£2,50012/240 mi-2
£1,80003/250 mi-2
£99501/240 mi-2
£1,10006/240 miEcho Central Two, Cross Green Lane2
£99502/250 mi-2
£89505/240 miEcho Central, City Centre, Leeds, LS92
£97505/240 miEcho Central Two, Cross Green Lane, Leeds, West Yorkshire, UK, LS92
£1,10005/240 miEcho Central Two, Cross Green Lane, Leeds, LS92
£2,43805/240 miCross Green Lane, Leeds, West Yorkshire, LS92
£2,45005/240.03 miFlat 47 Echo Central 1, Cross Green Lane, Leeds2
£1,09503/250.03 mi-2
£1,30005/240.03 miEcho Central One2
£99512/240.03 mi-2
£99503/250.03 mi-2
£1,99505/240.03 miEcho Central One Cross Green Lane City Centre2
£1,10005/240.03 miEcho Central One, Cross Green Lane2
£1,10005/240.03 miEcho Central One 2
£1,05005/240.03 miEcho Central 1, Leeds, LS92
£1,05005/240.03 miEcho Central 1, Leeds, LS92
£95005/240.03 miEcho Central One 2
£2,80003/250.03 mi-2
£1,02505/240.05 miBouverie Court, Leeds, West Yorkshire, LS92
£99505/240.05 miBouverie Court, Cross Green Lane2
£1,02505/240.05 miCross Green Lane, Leeds2
£1,05005/240.05 mi-2
£3,00012/240.05 mi-2
£92503/250.05 mi-2
£4,75003/250.05 mi-2
£1,05005/240.05 miBouverie Court, Leeds, West Yorkshire, LS92
£1,02512/240.05 mi-2
£1,02505/240.05 miCross Green Lane, Leeds, LS92
£1,40005/240.06 miAire Lofts, Climate Innovation District2
£1,15005/240.06 miX1 Aire, Cross Green Lane, Leeds2
£1,05005/240.07 miAire, Cross Green Lane, LS92
£1,05005/240.07 miAire, Cross Green Lane, LS92
£1,10005/240.07 miAire, Cross Green Lane, LS92
£1,02505/240.07 miAire, Cross Green Lane, LS92
£1,30006/240.07 miAire, Cross Green Lane, LS92
£1,00006/240.07 miAire, Cross Green Lane, LS92
£97505/240.07 miBouverie Court, Leeds, West Yorkshire, UK, LS92
£1,68006/240.07 miAire Lofts, Climate Innovation District2
£97505/240.07 miAire, Cross Green Lane, Leeds, LS92
£1,30005/240.07 miAire, Cross Green Lane, Leeds, LS9 8BJ2
£3,00005/240.07 mi-2
£2,15005/240.07 mi-2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £140,000

February 20, 2025

Price changed to £145,000

January 27, 2025

Listed for £150,000

November 18, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Modern Interior +
  • Well Presented +
  • Viewings Highly Recommended +
  • Ideal First Home +
  • Close To Local Amenities +
  • Close To Motorway Links +
  • Allocated Parking +

The Property
Stunning Two Double Bedroom Apartment with Allocated Parking - Echo Central Two Development

Nestled within the sought-after Echo Central Two development, this stylish and contemporary two double-bedroom apartment offers modern city living at its finest. Just a stone's throw from Leeds City Centre and the vibrant Clarence Dock area, it’s perfect for professionals or city enthusiasts seeking convenience and comfort.

Key Features:

Two Double Bedrooms – Generously sized and designed for comfort.

Open Plan Living/Dining/Kitchen Area – A bright and spacious layout with sleek finishes, integrated appliances, and access to a private balcony.

Modern Bathroom – Elegantly designed with quality fittings.

Hallway with Utility Store – Practical storage solutions to keep your space clutter-free.

Allocated Parking – A rare city-centre luxury ensuring ease and security.

This apartment boasts contemporary interiors with high-spec fixtures and fittings throughout. Its prime location provides easy access to local amenities, transport links, and the bustling heart of Leeds.

Don’t miss the chance to call this stylish apartment your new home! Contact us today to arrange a viewing.

Property ownership information

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 01/01/2140

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Leeds

0113 519 9101

Next Steps?

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