2 Bed Flat, Single Let, Leeds, LS27 8PT, £130,000

Pullman Court, Morley, Leeds, LS27 8PT - 2 views - 4 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£66K - £285K
Sold Prices/m²£1.1K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£126,585

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£595 - £1,150

Rent Estimate

£625

Running Costs/mo

£551

Cashflow/mo

£74

Cashflow/yr

£885

ROI

2%

Gross Yield

6%

Local Sold Prices

41 sold prices from £66K to £285K, average is £115.5K. £1.1K/m² to £4.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£118K05/230 mi40, Stephenson House, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£125K07/230 mi5, Robert House, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£115.5K06/210 miStephenson House, 47, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£79K03/240 miStephenson House, 42, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£130K07/230 mi8, Robert House, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£130K05/230 mi18, Louis House, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£119.3K10/220.01 miStephenson House, 41, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT2
£115K03/230.13 miFlat 1, Sparta Court, Troy Road, Morley, Leeds, West Yorkshire LS27 8JG2
£138K02/210.13 mi19, Troy Road, Morley, Leeds, West Yorkshire LS27 8JG2
£124K01/230.14 mi8, Prospect Mews, Morley, Leeds, West Yorkshire LS27 9EQ2
£136K10/220.14 mi4, Prospect Mews, Morley, Leeds, West Yorkshire LS27 9EQ2
£118K10/220.16 mi26, Church Street, Morley, Leeds, West Yorkshire LS27 8LU2
£115K02/210.17 miFlat 11, Hanover Court, Albert Road, Morley, Leeds, West Yorkshire LS27 8WQ2
£160K05/230.2 mi21, Albion Street, Morley, Leeds, West Yorkshire LS27 8WP2
£111K10/230.21 mi17, Prospect Court, Morley, Leeds, West Yorkshire LS27 9EJ2
£100K01/210.21 mi15, Prospect Court, Morley, Leeds, West Yorkshire LS27 9EJ2
£66K04/230.23 miFlat 14, Victoria Court, Victoria Mews, Morley, Leeds, West Yorkshire LS27 9DA2
£105K04/210.34 miFlat 13, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire LS27 8AZ2
£131.8K09/220.34 miFlat 9, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire LS27 8AZ2
£112.5K12/210.35 miFlat 12, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire LS27 8AZ2
£105K06/210.35 miFlat 18, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire LS27 8AZ2
£115K03/230.35 miFlat 14, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire LS27 8AZ2
£97K08/210.37 mi10, Melbourne Street, Morley, Leeds, West Yorkshire LS27 8BG2
£93K10/210.38 mi6, Busely Court, Morley, Leeds, West Yorkshire LS27 9SJ2
£93K10/210.4 mi6, Busely Court, Morley, Leeds, West Yorkshire LS27 9SJ2
£125K10/220.49 mi26, Dean Hall Close, Morley, Leeds, West Yorkshire LS27 9LU2
£150K12/230.51 mi11, Fielding Court, Morley, Leeds, West Yorkshire LS27 9AH2
£140K03/230.53 mi54, Fielding Way, Morley, Leeds, West Yorkshire LS27 9AB2
£160K10/230.53 mi37, Great Northern Street, Morley, Leeds, West Yorkshire LS27 9AF2
£140K11/230.64 mi25, Farm Hill Road, Morley, Leeds, West Yorkshire LS27 9RD2
£129.8K03/230.64 mi29, Farm Hill Road, Morley, Leeds, West Yorkshire LS27 9RD2
£92K11/200.69 mi5, Elmfield Court, Morley, Leeds, West Yorkshire LS27 0EP2
£109K01/240.69 mi39, Elmfield Court, Morley, Leeds, West Yorkshire LS27 0EP2
£285K11/200.69 mi7, Grange Park Way, Morley, Leeds, West Yorkshire LS27 7UP2
£87K03/210.7 mi15, Albert Drive, Morley, Leeds, West Yorkshire LS27 8SE2
£260K12/200.71 miApartment 45, Adlington House, Bridge Street, Otley, West Yorkshire LS21 1FQ2
£96K04/210.75 mi73a, Rydal Drive, Morley, Leeds, West Yorkshire LS27 8SQ2
£110K10/220.75 mi53, Frensham Avenue, Morley, Leeds, West Yorkshire LS27 0RP2
£82K06/230.89 mi26, Chalner Avenue, Morley, Leeds, West Yorkshire LS27 0SD2
£115K04/210.98 mi7, Meadowbrook Court, Morley, Leeds, West Yorkshire LS27 0LG2
£125K07/210.98 mi17, Meadowbrook Court, Morley, Leeds, West Yorkshire LS27 0LG2

Local Rents

50 rents from £595/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£80005/240 miStephenson House, Pullman Court, Morley2
£95005/240.03 miAlbert Road, Morley, Leeds, West Yorkshire, LS272
£85005/240.03 miFLAT 17 Hanover Court,Albert Road, LS272
£59505/240.05 mi-2
£80012/240.06 mi-2
£82502/250.08 mi-2
£82505/240.1 miZoar Street, Morley, Leeds, LS272
£75005/240.11 miNew Bank Street, Morley2
£79505/240.11 miZoar Street Morley Leeds2
£61505/240.12 miCheapside, Morley, Leeds2
£99502/250.13 mi-2
£75005/240.14 miQueen Street, Morley, LS272
£85005/240.15 miProspect Mews Morley Leeds LS27 9EQ2
£85005/240.15 miProspect Mews Morley Leeds LS27 9EQ2
£75005/240.15 miNew Bank Street, Morley, Leeds, West Yorkshire, LS272
£87503/240.16 mi-2
£90010/240.16 mi-2
£77511/240.17 mi-2
£75004/240.17 mi-2
£77510/240.17 mi-2
£89505/240.17 miNelson Place, Morley2
£95004/250.19 mi-2
£95003/250.19 mi-2
£80001/250.2 mi-2
£90010/230.22 mi-2
£1,00001/250.22 mi-2
£97509/240.23 mi-2
£75001/240.25 mi-2
£77512/240.25 mi-2
£79504/250.25 mi-2
£76010/240.25 mi-2
£89505/240.25 miBarwick Court, Station Road, Morley, Leeds2
£80005/240.26 mi-2
£95005/240.26 mi-2
£90005/240.26 mi-2
£87512/240.27 mi-2
£75004/250.27 mi-2
£1,15005/240.27 miCroft House Mews, Morley, Leeds2
£95002/250.27 mi-2
£75005/240.28 miCalifornia Mews, Morley, Leeds2
£1,00005/240.28 miCroft House Way, Morley, Leeds, West Yorkshire2
£87505/240.28 miAckroyd Street, Morley, LS272
£79505/240.28 mi-2
£79505/240.28 miCommercial Street, Leeds, LS272
£69505/240.29 miClough Street, Morley, Leeds, LS272
£97503/250.29 mi-2
£89505/240.29 miPeel Street, Morley, Leeds, West Yorkshire, LS272
£85005/240.29 miPeel Street, Morely, Leeds, LS27 8QE2
£85005/240.29 miSpringfield Lane Morley Leeds2
£85005/240.3 miPeel Street, Morley, Leeds, West Yorkshire, LS272

Local Area Statistics

Population in LS27

35,679

Population in Leeds

635,166

Town centre distance

4.02 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £130,000

December 26, 2024

Floor Plans

Description

  • Two bedroom ground floor apartment +
  • To be sold with sitting tenants +
  • Open plan living kitchen +
  • Close to Morley Train Station +
  • Allocated parking space +

SUMMARY
SOLD with SITTING TENANTS, TWO BEDROOM GROUND FLOOR APARTMENT, PERFECT INVESTMENT opportunity, OPEN PLAN LIVING KITCHEN/DINER with Juliet balcony, BATHROOM and allocated PARKING SPACE. Situated within close proximity to Morley Town Centre and Train Station.

DESCRIPTION
Offered for sale is this TWO BEDROOM GROUND FLOOR APARTMENT situated within close proximity to Morley Town Centre and all the amenities it has to offer, including Morley Train Station. The apartment is to be SOLD with SITTING TENANTS so a perfect investment opportunity and benefits from two bedrooms both with fitted wardrobes, family bathroom and a fantastic open plan living kitchen/diner with Juliet balcony. Externally the apartment benefits from an allocated parking space.

Entrance Porch 
Door to rear, storage cupboard housing the boiler and access to hallway.

Entrance Hallway  
Electric wall heater and doors to accommodation.

Open Plan Living Kitchen Diner 22' 5 x 7' 5 ( 6.71m 5 x 2.13m 5 )
Fitted kitchen with a range of wall and base units with complementary work surfaces over incorporating stainless steel sink drainer with mixer tap, splashback tiling, electric hob and oven, wall mounted cooker hood, space for washing machine and fridge freezer, part spotlights to ceiling. Wall mounted electric heater and double glazed uPVC French doors with Juliet balcony.

Bedroom One  9' 4 x 11' 3 ( 2.74m 4 x 3.35m 3 )
Double glazed window to side, wall mounted electric heater and a double fitted wardrobe.

Bedroom Two  8' 8 x 11' 3 ( 2.44m 8 x 3.35m 3 )
Double glazed window to side, wall mounted electric heater and double fitted wardrobe.

Family Bathroom  
Paneled bath with hot and cold taps, low level flush WC, wash hand basin with hot and cold taps. Shower cubicle with wall mounted shower over, part tiled walls and tiled floors.

Exterior 
Allocated parking space.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Morley

0113 519 0441

Next Steps?

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