2 Bed Flat, Single Let, Leeds, LS16 6AU, £160,000

Redesdale Gardens, Adel, Leeds, West Yorkshire, LS16 6AU - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£67.5K - £230K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£151,940

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

£795 - £1,300

Rent Estimate

£799

Running Costs/mo

£680

Cashflow/mo

£119

Cashflow/yr

£1,430

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £67.5K to £230K, average is £144.5K. £1.3K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£119K12/220.02 mi60, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£137.5K02/210.02 mi14, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K06/240.02 mi10, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£145K10/230.02 mi62, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£113K03/210.03 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£113K03/210.03 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£139K07/210.07 mi371, Otley Road, Leeds, West Yorkshire LS16 6AL2
£115K03/210.07 mi397, Otley Road, Leeds, West Yorkshire LS16 6AL2
£144K05/230.07 mi389, Otley Road, Leeds, West Yorkshire LS16 6AL2
£160K11/230.07 mi26, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£135K11/200.07 mi54, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£150K06/240.07 mi30, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£148.5K12/230.07 mi16, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£130K09/230.07 mi56, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£125K10/210.07 mi7, Rothbury Gardens, Leeds, West Yorkshire LS16 6AW2
£170K12/220.07 mi82, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K12/220.14 mi71, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AY2
£120K01/210.14 mi74, New Adel Lane, Leeds, West Yorkshire LS16 6AP2
£137.5K11/200.15 mi59, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£145K03/230.16 mi114, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£147K02/240.16 mi148, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£140K03/230.16 mi132, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£117K11/230.16 mi86, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£110K05/230.17 mi2, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K05/210.17 mi19, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£170K10/220.22 mi24, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£149.5K07/210.23 mi19, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£140K07/210.23 mi44, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£136K10/200.23 mi34, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£152K11/230.23 mi49, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£145K10/220.23 mi158, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£84K01/210.38 mi17, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K05/210.38 mi1, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K07/210.38 mi9, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£153.1K01/230.44 mi14, Heathfield Walk, Leeds, West Yorkshire LS16 7QQ2
£165K12/210.58 mi17, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£182.5K03/210.58 mi18, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£175K02/230.63 mi42, Long Causeway, Adel, Leeds, West Yorkshire LS16 8EQ2
£110K10/220.68 mi82, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£75K05/230.68 mi88, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£95K05/230.68 mi90, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£230K06/210.72 mi7, Glendower Park, Adel, Leeds, West Yorkshire LS16 8HA2
£114K08/210.75 mi193, Iveson Drive, Leeds, West Yorkshire LS16 6NY2
£175K12/230.78 mi299, Otley Road, Leeds, West Yorkshire LS16 6EY2
£185K05/230.81 mi44, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£163K01/210.81 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£171K04/240.81 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£158K01/210.81 mi11, Grange Wood Court, Leeds, West Yorkshire LS16 6ED2
£165K03/240.82 mi12, Foxhill Court, Leeds, West Yorkshire LS16 5PL2
£67.5K01/210.83 mi26, Holtdale Fold, Leeds, West Yorkshire LS16 7RS2

Local Rents

19 rents from £795/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£82505/240.01 miRedesdale Gardens, Adel, Leeds2
£85001/240.05 mi-2
£1,30003/250.06 mi-2
£82505/240.06 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£1,10003/240.06 mi-2
£85005/240.09 miRedesdale Gardens, Adel, Leeds2
£80005/240.1 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£82505/240.1 miNew Adel Lane, Leeds, West Yorkshire, UK, LS162
£95003/250.11 mi-2
£1,15009/240.12 mi-2
£89512/230.12 mi-2
£95006/240.16 miRedesdale Gardens, Leeds, LS162
£79501/240.17 mi-2
£79505/240.23 miRedesdale Gardens, Adel, LEEDS 162
£1,20005/240.25 miWoodlands Grove, Adel, Leeds, West Yorkshire.2
£89505/240.43 miRaynel Mount, Adel, Leeds2
£99505/240.49 miAdel Grange Mews, Adel, Leeds, West Yorkshire2
£98001/250.49 mi-2
£1,20005/240.51 miLuttrell Gardens, Lawnswood, Leeds, LS16 6LY2

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

3.77 miles away

Nearest school

0.50 miles away

Nearest train station

1.50 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £160,000

November 20, 2024

Sold for £118,000

2019

Sold for £87,250

2012

Sold for £67,000

2000

Sold for £52,500

1999

Floor Plans

Description

  • Chain Free +
  • Great First Home +
  • First Floor Apartment +
  • Communal Gardens +
  • Extended Lease +
  • Material Information Available - Ask Agent +

*CHAIN FREE* FIRST FLOOR two bedroom apartment with LONG LEASE!

An excellent opportunity to acquire a first floor apartment with a new roof, in this very popular development in Adel. In brief, the well presented property comprises entrance hall, spacious lounge with dining area, modern fitted kitchen, two double bedrooms and family bathroom. Outside, there are well kept communal gardens and on street parking is available.

Adel is one of the most sought after North Leeds residential areas offering a blend of urban and rural living whilst being close enough to the city centre for ease of commute. It has its own immediate facilities and offers a variety of shops and restaurants. There are well regarded schools for all ages in the area along with supermarkets and leisure facilities at Cookridge Hall, and Headingley Golf Club. Adel has good vehicular access to the cosmopolitan amenities of Headingley and in the other direction Otley, Ilkley and the Yorkshire Dales. Leeds/Bradford airport is approximately three miles away operating regular internal and international flights.

Agent Details

Manning Stainton, Adel

0113 519 1444

Next Steps?

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