2 Bed Flat, Motivated Seller, Leeds, LS9 7DY, £190,000

Mabgate House, 53 Mabgate, Leeds, LS9 7DY - 8 views - 4 months ago

Sold STC
Leasehold
Motivated
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£80K - £400K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£212,686
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£775 - £2,800

Rent Estimate

£1,150

Running Costs/mo

£844

Cashflow/mo

£306

Cashflow/yr

£3,675

ROI

7%

Gross Yield

7%

Local Sold Prices

44 sold prices from £80K to £400K, average is £191K. £1.1K/m² to £4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£200K03/210.25 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.25 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.25 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.25 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£170K04/210.43 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£178K02/230.46 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.46 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.46 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.46 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£207.8K05/210.48 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£192K01/210.49 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.49 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£255K10/220.51 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.51 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.51 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.51 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.51 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.51 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£234.7K01/240.54 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£80K12/220.58 mi23, Shakespeare Grange, Leeds, West Yorkshire LS9 7UA2
£255K07/240.58 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.58 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.58 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.58 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£80K06/230.62 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£190K01/230.63 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£115K12/220.63 mi35, Carlton Rise, Leeds, West Yorkshire LS7 1HH2
£170K10/230.66 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£400K05/210.69 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£160K11/200.7 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.7 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K09/220.71 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£165K04/210.72 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£150K06/230.83 mi1c, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£250K07/210.83 mi5, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£215K11/220.9 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.9 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.9 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.9 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£229.9K07/230.91 mi36, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£170K08/210.91 mi29, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£190K02/230.91 mi40, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£85K06/210.99 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£115K01/231 mi4, Conway Mount, Leeds, West Yorkshire LS8 5HZ2

Local Rents

50 rents from £775/mo to £2.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20005/240 miMabgate House, Leeds, LS92
£1,30006/240 miMabgate House, Leeds, LS9 7DY2
£1,20012/240.01 mi-2
£2,00004/250.01 mi-2
£99505/240.02 miMabgate, Leeds, West Yorkshire, UK, LS92
£1,40012/240.02 mi-2
£1,90005/240.02 miLeylands House, Leeds, LS92
£1,90012/240.02 mi-2
£1,65004/250.02 mi-2
£1,20002/250.02 mi-2
£1,25005/240.03 miLeylands House, 56 Mabgate, Leeds, LS92
£2,80005/240.03 mi-2
£1,00005/240.1 mi-2
£1,02512/240.1 miBrunswick Court, Leeds, West Yorkshire, LS22
£1,15012/240.11 miByron Street, Leeds, West Yorkshire, LS22
£1,05005/240.11 miMillwright Apartments2
£1,00012/240.11 miMillwright, Byron Street, Leeds, West Yorkshire, LS22
£1,00012/240.11 miByron Street, Leeds2
£1,00012/240.12 miBrunswick Court, LEEDS2
£99505/240.13 miFlat 8 Mertensia House, 77A Mabgate, Leeds2
£90004/250.14 mi-2
£77512/240.14 miCitispace, Regent Street Leeds City Centre, Leeds2
£1,54505/240.15 miNew York Square, Leeds, LS22
£1,97505/240.15 miNew York Square, Leeds, LS22
£1,93505/240.15 miNew York Square, Leeds, LS22
£1,42012/240.15 miNew York Square, Leeds, LS22
£1,90005/240.15 miNew York Square, Leeds, LS22
£1,82505/240.15 miNew York Square, Leeds, LS22
£1,97512/240.15 miNew York Square, Leeds, LS22
£1,54505/240.15 miNew York Square, Quarry Hill, LS22
£1,45012/240.15 miNew York Square, Quarry Hill2
£1,48005/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,55005/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,57005/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,55005/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,48012/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,42012/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,55012/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,57012/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,42005/240.15 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2
£1,43505/240.16 miQuarry Hill, LEEDS2
£1,54505/240.16 miNew York Square, Quarry Hill, Leeds LS22
£2,00505/240.16 miNew York Square, Quarry Hill, Leeds LS22
£1,72505/240.16 miNew York Square, SOYO, Leeds, West Yorkshire, LS22
£1,45005/240.16 miNew York Square, SOYO, Leeds, West Yorkshire, LS22
£2,00005/240.16 miNew York Square, SOYO, Leeds, West Yorkshire, LS22
£1,32505/240.16 miQuarry Hill, Leeds2
£1,62012/240.16 miQuarry Hill Leeds LS22
£1,42012/240.16 miQuarry Hill, LEEDS2
£1,60505/240.16 miNew York Square, SOYO, Leeds, West Yorkshire, LS2 7BT2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

0.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £190,000

December 12, 2024

Floor Plans

Description

  • Attractive Apartment +
  • Two Bed, Two Bath +
  • First Floor Duplex +
  • Modern Interiors +
  • Fantastic Location +

Modern throughout - this is a lovely two bed, two bathroom duplex apartment situated within this modern development within touching distance of the "hustle and bustle" of Leeds City Centre.  The apartment itself has a real "homely" feel with living space on the entrance level and bedrooms on the top floor. The block benefits from a serviced lift providing access to all levels and has attractive communal areas leading to the flats themselves.  The apartment is situated on the first floor and has a welcoming feel immediately as you enter. There's an open plan & spacious living dining kitchen area with ample windows and Juliet balcony door allowing light to pour through along with a useful WC on this level. The kitchen itself is modern, has a breakfast bar & is fitted with integrated appliances including a fridge freezer, dishwasher, washer dryer. oven & electric hob. There is also a useful storage cupboard underneath the stairs.  As you walk upstairs, there is another storage cupboard and hallway leading to the master bedroom - which is a great size, has a fitted wardrobe and en-suite shower room.  The second bedroom is equally generous in size & also benefits from a fitted wardrobe & ensuite shower room. This bedroom also has access to a Juliet balcony.  Sold with no onward chain - this is a real gem of an apartment and is sold by motivated sellers. Sure to be appealing to first time buyers and also investors given the potential rental income (which based on recent comparables would be in the region of £1150pcm - £1200pcm.)  EPC rating: D. Tenure: Leasehold,

Agent Details

Northwood, Chapel Allerton

0113 519 3483

Next Steps?

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