3 Bed Flat, Single Let, Leeds, LS16 6AT, £160,000

19 Redesdale Gardens, Leeds, West Yorkshire, LS16 6AT - 1 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 7%
63 m²
+4 photos

ValuationOvervalued

Sold Prices£100K - £560K
Sold Prices/m²£943/m² - £5.8K/m²

 

 

Square Metres

63 m²
Price/m²£2.5K/m²

Value Estimate

£149,381

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

£950 - £2,200

Rent Estimate

£1,000

Running Costs/mo

£720

Cashflow/mo

£280

Cashflow/yr

£3,360

ROI

7%

Gross Yield

8%

Local Sold Prices

42 sold prices from £100K to £560K, average is £212.8K. £943/m² to £5.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£100K12/200.54 mi19, Iveson Garth, Leeds, West Yorkshire LS16 6LL3
£429.9K06/240.76 miThe Grange, Flat 4, Otley Road, Leeds, West Yorkshire LS16 6EY3
£240K09/210.76 miFlat 2, The Grange, Otley Road, Leeds, West Yorkshire LS16 6EY3
£175K08/230.79 mi49, Foxhill Court, Leeds, West Yorkshire LS16 5PN3
£170K10/210.79 mi46, Foxhill Court, Leeds, West Yorkshire LS16 5PN3
£177K11/200.81 mi22, Foxhill Court, Leeds, West Yorkshire LS16 5PL3
£100K03/211.37 mi8, Alwoodley Court, Leeds, West Yorkshire LS17 7BB3
£180K06/231.37 mi23, Lawson Wood Drive, Meanwood, Leeds, West Yorkshire LS6 4RW3
£220K02/231.37 mi10, Chancel Square, Meanwood, Leeds, West Yorkshire LS6 4FG3
£245K06/231.37 mi9, Chancel Square, Meanwood, Leeds, West Yorkshire LS6 4FG3
£230K12/221.42 mi16, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU3
£185K03/231.42 mi1, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU3
£205.6K02/211.5 mi2, Broadgate Court, Horsforth, Leeds, West Yorkshire LS18 5TF3
£161K04/211.78 mi3, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£193K01/211.78 mi58, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£419.9K09/211.88 mi35, Woodway, Horsforth, Leeds, West Yorkshire LS18 4HY3
£280K12/202.07 mi14, Rokeby Gardens, Leeds, West Yorkshire LS6 3JZ3
£122K06/212.17 mi34, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN3
£187.5K11/232.2 mi19, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB3
£290K05/212.24 mi3 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD3
£187K09/212.28 miFlat 13, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ3
£210K06/232.3 mi31, Brackenhurst Place, Moortown, Leeds, West Yorkshire LS17 6WD3
£195K04/212.3 mi18, Brackenhurst Place, Moortown, Leeds, West Yorkshire LS17 6WD3
£213K08/212.3 mi36, Brackenhurst Place, Moortown, Leeds, West Yorkshire LS17 6WD3
£205K11/212.3 mi25, Brackenhurst Place, Moortown, Leeds, West Yorkshire LS17 6WD3
£200K07/232.32 mi27, Brackenhurst Drive, Moortown, Leeds, West Yorkshire LS17 6WE3
£205K05/212.32 mi39, Brackenhurst Drive, Moortown, Leeds, West Yorkshire LS17 6WE3
£225K09/222.32 mi36, Brackenhurst Drive, Moortown, Leeds, West Yorkshire LS17 6WE3
£500K04/212.41 mi33, Sandmoor Green, Leeds, West Yorkshire LS17 7SB3
£555K12/232.41 mi25, Sandmoor Green, Leeds, West Yorkshire LS17 7SB3
£470K12/202.41 mi28, Sandmoor Green, Leeds, West Yorkshire LS17 7SB3
£560K10/232.41 mi5, Sandmoor Green, Leeds, West Yorkshire LS17 7SB3
£115K07/232.46 mi56, Kirkstall Hill, Leeds, West Yorkshire LS4 2TX3
£253K09/212.48 mi8, Princess Court, Leeds, West Yorkshire LS17 8BY3
£328K03/212.52 mi305a, Harrogate Road, Leeds, West Yorkshire LS17 6PA3
£460K08/232.54 mi6, Sandmoor Chase, Leeds, West Yorkshire LS17 7TB3
£123K12/202.54 mi36, Sandringham Drive, Leeds, West Yorkshire LS17 8DA3
£375K05/232.54 mi64, Sandmoor Lane, Leeds, West Yorkshire LS17 7EA3
£305K10/222.59 miApartment 8, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ3
£255K11/222.6 mi4, Sandmoor Court, Leeds, West Yorkshire LS17 7JY3
£348K07/232.6 mi11, Breary Court, Bramhope, Leeds, West Yorkshire LS16 9LB3
£212.5K03/232.86 mi41, Barnbrough Street, Leeds, West Yorkshire LS4 2QY3

Local Rents

13 rents from £950/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95012/240.01 mi-3
£1,35010/230.05 mi-3
£1,35001/250.05 mi-3
£1,30003/240.11 mi-3
£1,35005/240.2 miBroomfield, Leeds3
£2,20006/240.37 miSt. Helens Lane, Leeds, West Yorkshire, LS163
£2,20006/240.37 miSt. Helens Lane, Leeds, West Yorkshire, LS163
£1,00005/240.45 miRaynel Gardens, Adel, Leeds3
£1,00005/240.51 miRaynel Way, Adel, Leeds3
£1,10005/240.52 miIveson Rise, Ireland Wood, Leeds3
£1,09005/240.58 miLong Causeway, Adel3
£1,30001/250.59 mi-3
£1,02511/240.59 mi-3

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

3.76 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 22, 2024

Sold for £130,000

2020

Sold for £106,000

2014

Floor Plans

Description

  • Upper Floor +
  • Great First Home +
  • First Floor Apartment +
  • Communal Gardens +
  • Long Lease +
  • Material Information Available/Ask Agent +

FIRST FLOOR three bedroom apartment with LONG LEASE!

An excellent opportunity to acquire a first floor apartment in this very popular development in Adel. In brief, the well presented property comprises entrance hall, spacious lounge, modern fitted kitchen, two double bedrooms and one single bedroom as well as the house 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?

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