2 Bed Flat, Single Let, Leeds, LS9 8FL, £129,950

Echo Central 1, Leeds, LS9 8FL - 4 months ago

Leasehold
BTL
ROI: 11%
~68 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£158,539
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£7,698

Total Cash In

£40,185

 

 

Cash Out

 

Rent Range

£895 - £4,750

Rent Estimate

£975

Running Costs/mo

£621

Cashflow/mo

£354

Cashflow/yr

£4,247

ROI

11%

Gross Yield

9%

Local Sold Prices

42 sold prices from £80K to £400K, average is £192.8K. £1.2K/m² to £4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£165K04/210.07 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.09 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£160K11/200.09 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.09 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£400K05/210.14 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£85K06/210.28 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£234.7K01/240.31 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£170K04/210.37 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£170K10/230.41 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£255K10/220.41 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.41 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.41 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.41 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.41 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.41 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£190K01/230.41 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£178K02/230.44 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.44 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.44 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.44 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£205K08/230.49 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£192K01/210.57 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.57 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.58 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£190K08/230.58 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.58 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£185K01/230.61 mi63, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£200K03/210.65 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.65 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.65 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.65 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£129.5K02/240.65 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£255K07/240.75 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.75 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.75 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.75 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£128K01/230.78 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£80K06/230.96 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£215K11/220.96 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.97 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.97 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.97 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2

Local Rents

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

RentDateDistanceAddressBeds 
£1,05005/240 miEcho Central 1, Leeds, LS92
£1,05005/240 miEcho Central 1, Leeds, LS92
£1,02512/240.02 mi-2
£1,02505/240.02 miCross Green Lane, Leeds, LS92
£1,10006/240.03 miEcho Central Two, Cross Green Lane2
£99501/240.03 mi-2
£2,29502/240.03 mi-2
£2,29505/240.03 mi-2
£2,50012/240.03 mi-2
£1,80003/250.03 mi-2
£3,00005/240.03 mi-2
£4,50012/240.03 mi-2
£2,25003/250.03 mi-2
£2,43805/240.03 miCross Green Lane, Leeds, West Yorkshire, LS92
£99502/250.04 mi-2
£89505/240.04 miEcho Central, City Centre, Leeds, LS92
£97505/240.04 miEcho Central Two, Cross Green Lane, Leeds, West Yorkshire, UK, LS92
£1,10005/240.04 miEcho Central Two, Cross Green Lane, Leeds, LS92
£97505/240.06 miBouverie Court, Leeds, West Yorkshire, UK, LS92
£1,68006/240.06 miAire Lofts, Climate Innovation District2
£2,45005/240.06 miFlat 47 Echo Central 1, Cross Green Lane, Leeds2
£1,09503/250.06 mi-2
£1,30005/240.07 miEcho Central One2
£99512/240.07 mi-2
£99503/250.07 mi-2
£1,99505/240.07 miEcho Central One Cross Green Lane City Centre2
£1,10005/240.07 miEcho Central One, Cross Green Lane2
£1,10005/240.07 miEcho Central One 2
£95005/240.07 miEcho Central One 2
£2,80003/250.07 mi-2
£1,40005/240.07 miAire Lofts, Climate Innovation District2
£99505/240.07 miBouverie Court, Cross Green Lane2
£1,05005/240.07 mi-2
£3,00012/240.07 mi-2
£92503/250.07 mi-2
£4,75003/250.07 mi-2
£1,05005/240.07 miBouverie Court, Leeds, West Yorkshire, LS92
£1,02505/240.08 miBouverie Court, Leeds, West Yorkshire, LS92
£1,02505/240.09 miCross Green Lane, Leeds2
£1,15005/240.09 miX1 Aire, Cross Green Lane, Leeds2
£1,47505/240.1 miAire Lofts, Climate Innovation District2
£1,47505/240.1 miAire Lofts, Climate Innovation District2
£1,05005/240.1 miAire, Cross Green Lane, LS92
£1,05005/240.1 miAire, Cross Green Lane, LS92
£1,10005/240.1 miAire, Cross Green Lane, LS92
£1,02505/240.1 miAire, Cross Green Lane, LS92
£1,30006/240.1 miAire, Cross Green Lane, LS92
£1,00006/240.1 miAire, Cross Green Lane, LS92
£97505/240.11 miAire, Cross Green Lane, Leeds, LS92
£1,30005/240.11 miAire, Cross Green Lane, Leeds, LS9 8BJ2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £129,950

February 24, 2025

Listed for £135,000

December 2, 2024

Description

  • Two Double Bedrooms +
  • INVESTORS Opportunity +
  • Close to City Centre +
  • Popular Development +
  • 11th Floor +
  • Juliette balcony +
  • EPC - C +
  • Council Tax Band - C +
  • Available 17th March 2025 +

* A SUPERB TWO BEDROOM apartment with PARKING * This property is conveniently placed close to the M1/M62 Motorway network. Ideal INVESTORS Opportunity. Offering stylish and contemporary interior including modern, high quality kitchen and shower room. Briefly comprising; Communal Entrance with security intercom and lift to all floors, Private hallway with separate utility/store, spacious open plan living/dining/kitchen with integrated appliances and Juliette balcony, Two separate Double Bedrooms , En-suite shower room, and house bathroom. Available 17th March, deposit £1095. EPC rating C, council tax band C.
Communal Entrance
Via secure intercom entry system. Stairs & lift access to all floors.
Private Entrance
Useful walk in storage cupboard housing the boiler and plumbing for the washing machine. Secure intercom entry system.
Open Plan Living Room/Kitchen
A delightful open plan living room/kitchen with a dining area. French doors opening to a Juliet balcony. Laminate flooring. Wall mounted electric radiator. The kitchen is fitted with a range of black gloss wall, base and drawer units with work surfaces over. Circular stainless steel sink with mixer tap. Integrated electric oven and hob with extractor hood over. Integrated Fridge/freezer. Inset ceiling spotlights.
Bedroom 1
Double bedroom with double glazed window. Wall mounted electric heater.
En-suite
En-suite comprising; shower cubicle, WC and wash hand basin. Part tiled walls & tiled floor. Chrome heated towel rail.
Bedroom 2
Second bedroom with double glazed window. Wall mounted electric heater.
Bathroom
Fitted with a three piece white suite comprising bath, WC and wash hand basin. Tiled walls & tiled floor. Chrome heated towel rail. Inset ceiling spotlights.
Parking
Secure allocated underground parking.
Tenure
The lease is 155 years from 2007
Ground rent is £200.00 per annum
Service charge is £711.63 per quarter
Holding Fee
Please note, a holding fee equivalent to one weeks rent is payable upon application. This will form part of the first months rent and deposit

Agent Details

Adair Paxton, Leeds City Centre

0113 519 1844

Next Steps?

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