3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 4UN, £200,000

Walkers Green, Leeds, West Yorkshire, LS12 4UN - 6 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£40K - £255K
Sold Prices/m²£426/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£202,000

 

 

End Value (After Refurb)

£216,426

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£36,800

Bridging Loan Interest

£5,250

Total Cash In

£101,000

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£216,426

Mortgage (After Refinance)

£162,319

Mortgage LTV

75%

Cash Released

£12,319

Cash Left In

£88,681

Equity

£54,106

Rent Range

£800 - £2,500

Rent Estimate

£1,312

Running Costs/mo

£959

Cashflow/mo

£353

Cashflow/yr

£4,239

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £255K, average is £190K. £426/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£240K04/230.01 mi19, Walkers Green, Leeds, West Yorkshire LS12 4UN3
£175K03/230.04 mi27, Walkers Lane, Leeds, West Yorkshire LS12 4AP3
£178K08/210.06 mi28, Ryedale Avenue, Leeds, West Yorkshire LS12 4TQ3
£162.5K02/230.08 mi29, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£190K08/230.09 mi18, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£171K10/200.09 mi4, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£129.5K01/210.09 mi22, Kellett Walk, Leeds, West Yorkshire LS12 4AN3
£185K06/210.11 mi20, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£255K11/230.11 mi18, Kellett Lane, Leeds, West Yorkshire LS12 4SJ3
£183K05/210.12 mi22, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£186K02/210.12 mi21, Kellett Crescent, Leeds, West Yorkshire LS12 4AQ3
£250K09/230.12 mi10, Heaton Avenue, Leeds, West Yorkshire LS12 4AE3
£188K06/230.14 mi8, Kellett Mount, Leeds, West Yorkshire LS12 4AJ3
£209.5K03/230.14 mi47, Kellett Road, Leeds, West Yorkshire LS12 4SG3
£181K12/200.15 mi29, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£115K03/210.15 mi21, Kellett Road, Leeds, West Yorkshire LS12 4SQ3
£178K05/210.17 mi220, Whitehall Road, Leeds, West Yorkshire LS12 4AR3
£170K06/210.17 mi230, Whitehall Road, Leeds, West Yorkshire LS12 4AR3
£200K08/230.17 mi156, Whitehall Road, Leeds, West Yorkshire LS12 4AR3
£235K11/220.17 mi90, Dixon Lane, Leeds, West Yorkshire LS12 4AD3
£145K06/230.18 mi11, Greenside Close, Leeds, West Yorkshire LS12 4SB3
£215K03/240.19 mi149, Dixon Lane, Leeds, West Yorkshire LS12 4AA3
£225K09/230.19 mi145, Dixon Lane, Leeds, West Yorkshire LS12 4AA3
£228K06/210.19 mi67, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£143K11/200.19 mi45, Portland Road, Leeds, West Yorkshire LS12 4LT3
£143K12/200.19 mi85, Lower Wortley Road, Leeds, West Yorkshire LS12 4SL3
£225K08/230.2 mi11, Lynwood View, Leeds, West Yorkshire LS12 4AB3
£197.5K01/210.2 mi5, Lynwood Avenue, Leeds, West Yorkshire LS12 4AG3
£174K07/210.22 mi2, Manor Road, Lower Wortley, Leeds, West Yorkshire LS12 4UX3
£220K09/210.23 mi82, Lower Wortley Road, Leeds, West Yorkshire LS12 4SN3
£180K07/230.23 mi27, Western Grove, Leeds, West Yorkshire LS12 4ST3
£225K12/220.23 mi50, Lower Wortley Road, Leeds, West Yorkshire LS12 4SN3
£130K02/210.24 mi1, Greenside Terrace, Leeds, West Yorkshire LS12 4SZ3
£160K04/230.24 mi7, Greenside Terrace, Leeds, West Yorkshire LS12 4SZ3
£230K03/240.24 mi42, Lynwood Crescent, Leeds, West Yorkshire LS12 4AT3
£225K11/200.25 mi18, Greenside Drive, Leeds, West Yorkshire LS12 4SF3
£210K10/230.25 mi20, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£171K02/210.25 mi24, Fawcett Lane, Leeds, West Yorkshire LS12 4SW3
£248K03/230.25 mi129, Ring Road, Lower Wortley, Leeds, West Yorkshire LS12 6LA3
£40K02/240.26 mi45, Dixon Lane, Leeds, West Yorkshire LS12 4RR3
£220K04/230.26 mi15, Fawcett Lane, Leeds, West Yorkshire LS12 4PG3
£233K12/230.3 mi22, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£181K05/210.3 mi16, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£184K04/210.3 mi1, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£192.5K03/210.3 mi12, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£190K06/210.3 mi11, Dragon Drive, Leeds, West Yorkshire LS12 4AS3
£190K11/220.31 mi63, Lynwood Crescent, Leeds, West Yorkshire LS12 4AT3
£195K03/230.31 mi1, Greenville Avenue, Leeds, West Yorkshire LS12 4TD3
£242K11/220.33 mi3, Dragon Crescent, Leeds, West Yorkshire LS12 4AZ3
£190K11/210.34 mi47, Kirkdale Crescent, Leeds, West Yorkshire LS12 6AY3

Local Rents

15 rents from £800/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05006/240.1 miKellett Walk, Wortley, Leeds3
£89505/240.18 miGreenside Close, Leeds, West Yorkshire3
£89505/240.18 miGreenside Close, Leeds, West Yorkshire3
£1,25005/240.25 miRing Road, Lower Wortley, Leeds3
£2,34902/250.25 mi-3
£80002/240.32 mi-3
£1,20005/240.33 miWaveney Road, Leeds, West Yorkshire, LS123
£2,50005/240.35 mi-3
£99503/250.39 mi-3
£1,20005/240.48 miGreen Hill Croft, Leeds, LS123
£1,25904/240.49 mi-3
£99502/240.5 mi-3
£99505/240.55 miBlackpool Place, Leeds, West Yorkshire3
£1,40004/250.56 mi-3
£1,20003/250.6 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.95 miles away

Nearest school

0.40 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £200,000

December 13, 2024

Description

  • No Onward Chain +
  • Cul-De-Sac Location +
  • Three Bedroom Semi-Detached Home +
  • Ideally Located For Commuting +
  • In Need Of Updating +
  • Delightful Garden, Drive & Garage +
  • Viewing Recommended +
  • Material Information Available/Ask Agent +

Deceptively spacious semi-detached home in a cul-de-sac location offered for sale with no onward chain and in need of updating.

Boasting two reception rooms and kitchen, upstairs you will find three well-proportioned bedrooms and the house bathroom, this home is ideal for families or professionals looking for a spacious living space.

The property features a lovely garden, perfect for relaxing or entertaining guests, as well as a driveway providing off-street parking and a garage for added convenience.

With easy access to local amenities, schools, and transport links, this property offers the perfect balance of tranquillity and accessibility. Contact us today to arrange a viewing.

Agent Details

Manning Stainton, Wortley

0113 519 1788

Next Steps?

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