5 Bed HMO, Leeds, LS4 2QX £250,000

Woodside Avenue, Leeds, LS4 2QX - 19 views - 10 months ago
Sold STC
HMO
Inside Article 4
ROI: 4%
~178 m²
Property image

ValuationUndervalued

Sold Prices£160K - £860K
Sold Prices/m²£1.3K/m² - £5.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.4K/m²

Value Estimate

£305,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Room Rate

£400

Gross Rent

£2,000

Running Costs/mo

£1,744

Cashflow/mo

£256

Cashflow/yr

£3,068

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £160K to £860K, average is £345.5K. £1.3K/m² to £5.9K/m², average is £2.7K/m².

Price
Date
Distance
Address
Beds
 
£250K01/250.16 mi342, Burley Road, Leeds, West Yorkshire LS4 2NZ5
£189.9K03/230.18 mi31, Haddon Road, Leeds, West Yorkshire LS4 2JE5
£290K10/210.21 mi22, St Anns Mount, Leeds, West Yorkshire LS4 2PH5
£235K07/220.34 mi64, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£210K03/240.34 mi56, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£300K07/250.36 mi5, Stanmore Road, Burley, Leeds LS4 2RU5
£270K06/210.43 mi33, St Annes Drive, Leeds, West Yorkshire LS4 2SA5
£290K06/230.46 mi12, Newport View, Leeds, West Yorkshire LS6 3BX5
£201K09/230.56 mi78, Harold Terrace, Leeds, West Yorkshire LS6 1LD5
£242.5K07/240.57 mi18, Mayville Place, Leeds, West Yorkshire LS6 1NE5
£270K08/210.62 mi2, Thornville Mount, Leeds, West Yorkshire LS6 1JX5
£463.3K10/220.66 mi20, Estcourt Avenue, Leeds, West Yorkshire LS6 3ES5
£440.1K09/230.76 mi74, St Michaels Road, Leeds, West Yorkshire LS6 3BG5
£328K03/240.76 mi25, Welton Grove, Leeds, West Yorkshire LS6 1ES5
£310K10/230.87 mi11, Grimthorpe Street, Leeds, West Yorkshire LS6 3JU5
£345K10/230.95 mi37, Armley Grange Walk, Armley, Leeds, West Yorkshire LS12 3QW5
£470K06/210.95 mi37, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PH5
£356K05/210.97 mi40, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ5
£375K07/240.98 mi67, Kirkstall Avenue, Leeds, West Yorkshire LS5 3DW5
£346K08/211 mi29, The Towers, Leeds, West Yorkshire LS12 3SQ5
£445K09/231.1 mi6, Victoria Terrace, Leeds, West Yorkshire LS3 1BX5
£200K08/231.1 mi14, Barden Grove, Leeds, West Yorkshire LS12 3EH5
£445K09/231.13 mi6, Victoria Terrace, Woodhouse, Leeds LS3 1BX5
£375K02/231.14 mi40, Grove Lane, Leeds, West Yorkshire LS6 2AP5
£513K06/211.15 mi18, St Chads Drive, Leeds, West Yorkshire LS6 3QD5
£530K01/241.18 mi12, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ5
£385K07/221.2 mi8, Swallow Close, Armley, Leeds, West Yorkshire LS12 3LU5
£160K09/231.24 mi3, Landseer Avenue, Leeds, West Yorkshire LS13 2RL5
£805K02/251.26 mi17, Claremont Drive, Headingley, Leeds LS6 4ED5
£697.5K11/231.32 mi32, Moor Road, Leeds, West Yorkshire LS6 4BJ5
£558.2K08/231.35 mi7, Moor Drive, Leeds, West Yorkshire LS6 4BY5
£550K03/251.36 mi12, Drummond Road, Headingley, Leeds LS16 5LB5
£270K12/231.38 mi59, Highbury Terrace, Leeds, West Yorkshire LS6 4ET5
£270K12/231.38 mi11, Highbury Terrace, Leeds, West Yorkshire LS6 4ET5
£750K11/231.44 mi4, Alnwick View, Leeds, West Yorkshire LS16 5RP5
£565K10/231.45 mi36, Vesper Road, Leeds, West Yorkshire LS5 3NX5
£445K11/231.47 mi98, Blue Hill Lane, Leeds, West Yorkshire LS12 4NU5
£310K11/231.48 mi94, Hartley Avenue, Leeds, West Yorkshire LS6 2HZ5
£510K01/241.51 mi7, Hollin Drive, Leeds, West Yorkshire LS16 5NE5
£290K03/241.54 mi80, Green Hill Lane, Leeds, West Yorkshire LS12 4HG5
£332.5K03/221.55 mi52, Devon Road, Woodhouse, Leeds LS2 9BA5
£332.5K03/221.55 mi52, Devon Road, Woodhouse, Leeds LS2 9BA5
£332.5K03/221.55 mi52, Devon Road, Woodhouse, Leeds LS2 9BA5
£332.5K03/221.55 mi52, Devon Road, Leeds, West Yorkshire LS2 9BA5
£860K08/231.55 mi2, Caythorpe Road, Leeds, West Yorkshire LS16 5HW5
£395K04/251.56 mi3, Silver Royd Way, Wortley, Leeds LS12 4LE5
£395K04/251.56 mi3, Silver Royd Way, Wortley, Leeds LS12 4LE5
£465K09/221.61 mi70, Vesper Road, Leeds, West Yorkshire LS5 3QS5
£278K09/211.64 mi51, Bell Mount View, Leeds, West Yorkshire LS13 2JD5
£367.5K12/221.65 mi78, Vesper Road, Kirkstall, Leeds LS5 3QS5

Local Area Statistics

Population in LS4

9,003

Population in Leeds

635,166

Town centre distance

1.44 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £250,000

April 1, 2025

Listed for £260,000

December 26, 2024

Floor Plans

Property image

Description

  • Offers Over £250,000 +
  • This property holds an LDC, has achieved up to £24,000 annually in rental income with over 25 years of rental history. +
  • Five Double Bedrooms +
  • Two Bathrooms & En Suite Wc +
  • Arranged Over Four Floors +
  • Newly Refurbished Throughout +
  • Neutral Decor & Carpets +
  • Versatile Living Accommodation +

SUMMARY
A five double bedroom mid terrace house, recently refurbished throughout and arranged over four floors. Ideally located for access to local shops and amenities as well as travel links to Leeds city centre and the university. Viewing is highly advised to really appreciate the space on offer.

DESCRIPTION
Situated in a convenient area of Headingley we are pleased to offer for sale this larger than average end terrace house with five generously sized bedrooms, recently refurbished throughout, arranged over four floors with spacious and versatile living accommodation. This property was a licensed HMO for years with the necessary certification and had a 7/8% yield. The lower ground comprises of two double bedrooms, shower room and en suite wc. The bedrooms could equally be used as a gym or office, depending on the buyers needs. To the ground floor there is a spacious lounge and modern kitchen. On the first floor there are two double bedrooms, modern bathroom and utility room and there are a further two double bedrooms on the second floor. Outside there is a small yard to the front. Ideally located with easy access to the amenities in Headingley and there are regular buses providing links to Leeds City Centre and Leeds University. This is a great property which is sure to appeal to a wide range of buyers including growing families and investors. Early viewing is highly recommended to really appreciate the space on offer.

Ground Floor 

Lounge 14' 5" Into recess x 14' 1" Into bay ( 4.39m Into recess x 4.29m Into bay )
A spacious room with carpet flooring, radiator, a large bay window and access door to the front.

Kitchen 11' 4" Max x 7' 9" Max ( 3.45m Max x 2.36m Max )
A modern and newly fitted kitchen offering a range of wall and base units with worksurfaces incorporating a sink, drainer and hob with extractor fan above and a tiled splashback. There is an integrated electric oven and spaces for further appliances.

Lower Ground Floor 
The rooms could either be used as bedrooms or as a gym and home office depending on the buyers needs.

Bedroom One 11' 6" Max x 10' 1" Max ( 3.51m Max x 3.07m Max )
A double bedroom with a built in wardrobe, carpet flooring and a window to the front.

Bedroom Two 11' 1" Into recess x 8' 2" Max ( 3.38m Into recess x 2.49m Max )
A double bedroom with a built in wardrobe, carpet flooring, access to en suite facilities and a window to the front.

En Suite 
With a wc and wash hand basin.

Shower Room 
Fitted with a three piece suite comprising of a walk in shower, wc and wash hand basin.

First Floor 

Bedroom 13' 11" Max x 9' 7" Into recess ( 4.24m Max x 2.92m Into recess )

Bathroom 
With tiling to splash areas, a modern bathroom newly fitted with a three piece suite comprising of bath with shower over, wc, wash hand basin with vanity unit below, decorative flooring and a window to the front.

Utility Room 8' 4" Max x 4' 2" Max ( 2.54m Max x 1.27m Max )
Having a sink, drainer, plumbing for a washing machine and dryer.

Second Floor 

Bedroom Four 14' 3" Into recess x 9' 6" Max ( 4.34m Into recess x 2.90m Max )
A double bedroom with space for free standing furniture, carpet flooring, skylight and window to the front.

Bedroom Five 12' 11" Into recess x 8' 1" Max ( 3.94m Into recess x 2.46m Max )
A double bedroom with space for free standing furniture, carpet flooring and a window to the front.

Outside 
There is a small yard area and steps leading to the front door.

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, Headingley

0113 519 0624

Next Steps?

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