4 Bed Terraced House, Refurb/BRRR, Leeds, LS11 7EL, £142,000

Sefton Terrace, Leeds, West Yorkshire, LS11 7EL - 3 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£94K - £342.5K
Sold Prices/m²£696/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.1K/m²

Value Estimate

£146,260
BMV3%

 

 

End Value (After Refurb)

£164,699

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,500

Stamp Duty & Legal Fees

£5,460

Refurb Costs

£51,619

Bridging Loan Interest

£3,728

Total Cash In

£98,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£164,699

Mortgage (After Refinance)

£123,524

Mortgage LTV

75%

Cash Released

£17,024

Cash Left In

£81,032

Equity

£41,175

Rent Range

£500 - £1,400

Rent Estimate

£1,142

Running Costs/mo

£763

Cashflow/mo

£379

Cashflow/yr

£4,547

ROI

5%

Gross Yield

10%

Local Sold Prices

40 sold prices from £94K to £342.5K, average is £153.5K. £696/m² to £3.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£113.5K02/210.03 mi105, Wickham Street, Leeds, West Yorkshire LS11 7EJ4
£126.5K11/210.03 mi110, Tempest Road, Leeds, West Yorkshire LS11 7EG4
£125K10/200.07 mi46, Tempest Road, Leeds, West Yorkshire LS11 7AW4
£120K11/200.12 mi160, Tempest Road, Leeds, West Yorkshire LS11 7DL4
£130K03/210.19 mi47, Stratford Street, Leeds, West Yorkshire LS11 6JG4
£130K11/200.23 mi54, Stratford Street, Leeds, West Yorkshire LS11 6EG4
£135K06/210.24 mi16, Parkfield View, Leeds, West Yorkshire LS11 7LU4
£125K08/230.26 mi14, Harlech Crescent, Leeds, West Yorkshire LS11 7DZ4
£180K10/230.26 mi37, Dalton Road, Beeston, Leeds, West Yorkshire LS11 7NQ4
£308K11/220.29 mi47, Cross Flatts Grove, Beeston, Leeds, West Yorkshire LS11 7NG4
£99.5K02/230.3 mi2, Belvedere Mount, Leeds, West Yorkshire LS11 7ED4
£160K10/210.31 mi8, Cross Flatts Mount, Beeston, Leeds, West Yorkshire LS11 7BL4
£160K02/240.31 mi3, Cross Flatts Drive, Leeds, West Yorkshire LS11 7HY4
£125K11/230.31 mi22, Cross Flatts Drive, Leeds, West Yorkshire LS11 7HY4
£135K12/210.32 mi18, Noster Hill, Leeds, West Yorkshire LS11 8QE4
£125K08/210.32 mi6, Barton Grove, Leeds, West Yorkshire LS11 8TW4
£206K02/210.32 mi79, Cross Flatts Avenue, Leeds, West Yorkshire LS11 7BH4
£155K03/230.32 mi107, Cross Flatts Avenue, Leeds, West Yorkshire LS11 7BH4
£150K10/210.33 mi9, Noster Terrace, Leeds, West Yorkshire LS11 8QF4
£110K11/210.34 mi24, Linden Road, Leeds, West Yorkshire LS11 6HA4
£101.3K03/240.34 mi5, Linden Road, Leeds, West Yorkshire LS11 6HA4
£228K07/210.35 mi222, Cross Flatts Grove, Beeston, Leeds, West Yorkshire LS11 7BW4
£137K06/210.4 mi20, Cross Flatts Place, Beeston, Leeds, West Yorkshire LS11 7JN4
£313K07/230.46 mi274, Cross Flatts Grove, Beeston, Leeds, West Yorkshire LS11 7BS4
£94K01/230.5 mi40, Primrose Lane, Leeds, West Yorkshire LS11 5EW4
£153K05/230.53 mi356, Dewsbury Road, Leeds, West Yorkshire LS11 7BU4
£299.9K01/240.55 mi71, Old Lane, Leeds, West Yorkshire LS11 7AB4
£130K03/230.56 mi56, Recreation View, Leeds, West Yorkshire LS11 0AP4
£220K02/240.56 mi9, Green Lane, Beeston, Leeds, West Yorkshire LS11 7EZ4
£265K05/240.57 mi114, Grovehall Drive, Leeds, West Yorkshire LS11 7ET4
£160K02/230.64 mi11, Colenso Mount, Leeds, West Yorkshire LS11 0DQ4
£258K06/240.7 mi10, Cross Heath Grove, Leeds, West Yorkshire LS11 8UQ4
£310K08/230.7 mi159a, Old Lane, Leeds, West Yorkshire LS11 7AQ4
£220K12/220.75 mi105, Old Lane, Leeds, West Yorkshire LS11 7AQ4
£134K12/200.77 mi6, Arthington View, Leeds, West Yorkshire LS10 2ND4
£295K08/230.82 mi132, Town Street, Beeston, Leeds, West Yorkshire LS11 8DU4
£260K10/220.85 mi130, Town Street, Beeston, Leeds, West Yorkshire LS11 8DU4
£154K04/210.86 mi11, Balm Place, Leeds, West Yorkshire LS11 9PF4
£342.5K12/230.87 mi18, Crow Nest Drive, Beeston, Leeds, West Yorkshire LS11 8JP4
£264K05/220.87 mi8, Crow Nest Drive, Beeston, Leeds, West Yorkshire LS11 8JP4

Local Rents

50 rents from £500/mo to £1.4K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£1,40002/250.04 mi-4
£1,20005/240.04 mi-5
£1,39504/250.14 mi-4
£1,29504/250.14 mi-4
£85012/240.19 mi-3
£1,12003/250.2 mi-4
£1,20003/250.2 mi-4
£1,00003/250.21 mi-3
£95005/240.21 mi-3
£99505/240.23 mi-3
£95012/240.23 mi-3
£80005/240.23 mi-3
£80005/240.23 miParkfield Mount, Leeds, LS113
£92506/240.24 miWoodview Road, Leeds, LS113
£97505/240.25 mi-4
£1,10005/240.25 miBurlington Road, Leeds, West Yorkshire, LS114
£85005/240.25 miCad Beeston Mews, Leeds, West Yorkshire, LS11 8AF3
£95005/240.26 miTrentham Place Beeston LS114
£1,00006/240.27 miClovelly Place, Leeds, West Yorkshire, LS114
£81905/240.27 mi16 Parkfield Grove3
£1,10005/240.28 mi-5
£90002/250.28 mi-3
£90002/250.28 mi-3
£99503/250.29 mi-3
£75012/240.29 mi-3
£1,30006/240.29 mi-3
£1,25012/240.3 mi-4
£1,04505/240.31 miMalvern Road, Leeds, West Yorkshire, LS113
£1,20012/240.31 mi-4
£1,18003/250.31 mi-4
£1,00002/250.31 mi-3
£50003/250.31 mi-3
£1,14005/240.32 miFlat 2, 12 Noster Hill, Leeds, LS11 8QE3
£99506/240.32 miCross Flatts Street, Leeds, West Yorkshire3
£1,25002/250.32 mi-4
£1,19601/250.34 mi-4
£99505/240.35 mi-3
£1,02505/240.35 miFirth Avenue, Leeds, LS113
£1,05008/240.35 mi-3
£95012/240.38 mi-4
£95001/250.38 mi-4
£95006/240.38 miOakley Grove, Leeds, LS114
£92506/240.39 miRawson Terrace, Leeds, LS113
£1,10005/240.39 mi-4
£1,20005/240.4 mi-4
£95003/250.4 mi-3
£95002/250.4 mi-3
£1,20001/250.41 mi-4
£1,20005/240.41 mi-4
£92505/240.41 miNormanton Grove Beeston Leeds3

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

1.79 miles away

Nearest school

0.10 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £142,000

November 27, 2024

Description

  • No onward chain +
  • Three floors +
  • Large cellar +
  • Close to motorway links +
  • Double glazed & GCH +
  • Material information available +

Offered with no onward chain is this substantial four bedroom through terrace with spacious living accommodation spanning over three floors plus a large two room cellar. In need of modernisation but benefitting from double glazed windows and gas central heating this would make an ideal project and an early viewing is essential.

Situated within close proximity to motorway links such as the M62 and M1 this makes an attractive purchase for the commuter. Good local primary and secondary schools are also closeby making this home ideal for the growing family.

The ground floor comprises of; spaicous lounge with double glazed window to the front. The dining room is also a superb space and has double glazed window to the rear. The kitchen completes the ground floor and has access to the two room cellar.

Moving onto the first floor you will find two large double bedrooms both having ample floor space for suitable bedroom furniture. The bathroom completes the first floor and consists of; bath with shower over/ low level flush WC and wash hand basin.

Finally onto the second floor you will find a further two bedrooms.

Agent Details

Manning Stainton, Beeston

0113 519 1497

Next Steps?

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