2 Bed Terraced House, Single Let, Leeds, LS8 3RR, £120,000

Berkeley View, Leeds, LS8 3RR - 5 views - 4 months ago

Sold STC
BTL
ROI: 6%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£53K - £163K
Sold Prices/m²£633/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£89,459

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,950

Total Cash In

£34,950

 

 

Cash Out

 

Rent Range

£695 - £1,980

Rent Estimate

£724

Running Costs/mo

£540

Cashflow/mo

£184

Cashflow/yr

£2,210

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £53K to £163K, average is £102.3K. £633/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£110K05/240 mi39, Berkeley View, Leeds, West Yorkshire LS8 3RR2
£108K05/240.01 mi13, Berkeley Street, Leeds, West Yorkshire LS8 3RW2
£85.8K04/210.01 mi17, Berkeley Street, Leeds, West Yorkshire LS8 3RW2
£106K05/240.05 mi16, Berkeley Mount, Leeds, West Yorkshire LS8 3RN2
£88K02/230.09 mi26, Berkeley Grove, Leeds, West Yorkshire LS8 3RJ2
£110K06/230.11 mi33, Berkeley Avenue, Leeds, West Yorkshire LS8 3RH2
£109K04/240.12 mi50, Sandhurst Avenue, Leeds, West Yorkshire LS8 3QT2
£80K11/200.12 mi36, Sandhurst Avenue, Leeds, West Yorkshire LS8 3QT2
£75K11/200.12 mi7, Seaforth Grove, Leeds, West Yorkshire LS9 6AL2
£94K01/210.12 mi98, Seaforth Road, Leeds, West Yorkshire LS9 6AJ2
£88K04/210.12 mi18, Trafford Grove, Leeds, West Yorkshire LS9 6AH2
£90K03/230.13 mi26, Sandhurst Terrace, Leeds, West Yorkshire LS8 3QS2
£98K07/230.17 mi22, Strathmore Terrace, Leeds, West Yorkshire LS9 6AN2
£53K03/210.17 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£110K03/230.17 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£103K10/230.18 mi34, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£120K11/210.18 mi26, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£82.5K06/210.18 mi19, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£82K08/210.19 mi8, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£100K10/210.19 mi25, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£98K12/230.19 mi13, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£90.5K10/230.21 mi15, Strathmore Street, Leeds, West Yorkshire LS9 6BG2
£110K10/230.22 mi15, Cowper Terrace, Leeds, West Yorkshire LS9 7BA2
£100K01/240.22 mi17, Darfield Road, Leeds, West Yorkshire LS8 5DQ2
£95K03/230.23 mi9, Seaforth Avenue, Leeds, West Yorkshire LS9 6BE2
£105K11/230.24 mi24, Broughton Terrace, Leeds, West Yorkshire LS9 6BA2
£91K03/240.24 mi28, Darfield Avenue, Leeds, West Yorkshire LS8 5DF2
£104K02/230.25 mi25, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£109K03/230.25 mi31, Darfield Place, Leeds, West Yorkshire LS8 5DD2
£79K02/210.27 mi17, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£105K10/210.28 mi15, Foundry Avenue, Leeds, West Yorkshire LS9 6BY2
£115K10/230.28 mi40, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£90K09/210.28 mi26, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£100K11/210.29 mi29, Conway Drive, Leeds, West Yorkshire LS8 5JG2
£98K12/230.29 mi23, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£102K07/240.29 mi24, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£105K02/240.29 mi18, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£150K11/220.29 mi5, Harehills Park View, Leeds, West Yorkshire LS9 6BN2
£125K07/210.3 mi9, Harehills Park View, Leeds, West Yorkshire LS9 6BN2
£120K06/210.3 mi5, Harehills Park View, Leeds, West Yorkshire LS9 6BN2
£163K06/230.3 mi3, Harehills Park View, Leeds, West Yorkshire LS9 6BN2
£112K06/230.31 mi20, Luxor Street, Leeds, West Yorkshire LS8 5LA2
£105K03/240.31 mi4, Conway Grove, Leeds, West Yorkshire LS8 5HX2
£104K11/210.31 mi5, Conway Place, Leeds, West Yorkshire LS8 5HT2
£80K05/210.31 mi29, Conway Place, Leeds, West Yorkshire LS8 5HT2
£110K10/230.32 mi82, Compton Road, Leeds, West Yorkshire LS9 6DG2
£83K08/210.33 mi22, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£115K01/230.33 mi38, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£102.5K12/220.34 mi53, Compton Crescent, Leeds, West Yorkshire LS9 6DQ2
£93K09/210.34 mi50, Compton Crescent, Leeds, West Yorkshire LS9 6DQ2

Local Rents

50 rents from £695/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£80002/240 miBerkeley View, Leeds, West Yorkshire2
£70005/240.01 miBerkley Street, LS82
£71502/240.02 mi-2
£75001/250.04 mi-2
£80003/250.04 mi-2
£70011/240.12 mi-2
£89504/250.16 mi-2
£85004/240.17 mi-2
£69505/240.2 miStrathmore Terrace, Leeds, West Yorkshire, LS92
£75006/240.2 miStrathmore Street, Leeds, LS92
£95005/240.21 miStrathmore Street, LS92
£80005/240.24 miFlorence Place, Leeds, West Yorkshire, LS92
£80005/240.25 miConway View, Harehills, Leeds, West Yorkshire, LS82
£85005/240.25 miDarfield Place, Leeds, West Yorkshire2
£90002/250.25 mi-2
£85005/240.25 miDarfield Place, Leeds, LS82
£92505/240.28 mi-2
£1,95012/240.29 mi-2
£1,98002/250.29 mi-2
£1,98004/250.29 mi-2
£85005/240.29 miDarfield Crescent, Leeds, West Yorkshire, LS82
£85005/240.3 miConway Grove, Leeds, West Yorkshire, LS82
£85001/250.33 mi-2
£90005/240.35 miAshton View, Leeds, West Yorkshire, LS82
£82502/240.37 mi-2
£1,12006/240.37 mi-2
£1,31601/250.37 mi-2
£1,85004/250.38 mi-2
£87502/250.38 mi-2
£72405/240.39 miCompton Avenue, Harehills, LS92
£90006/240.41 miBanstead Street West, Leeds, West Yorkshire, LS82
£80004/250.41 mi-2
£80002/240.41 mi-2
£90005/240.42 miLascelles Road West, Leeds, West Yorkshire, LS82
£87505/240.42 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.42 miLascelles Road, Leeds, West Yorkshire, LS82
£85005/240.42 miLambton Grove, Leeds, LS82
£99502/250.43 mi-2
£79904/250.43 mi-2
£85006/240.43 miStanley Road, Leeds, LS92
£79512/240.45 mi-2
£85005/240.45 miBrownhill Avenue, Harehills, Leeds, LS92
£85005/240.45 miBrownhill Avenue Leeds2
£85005/240.45 miBayswater Place, Leeds, West Yorkshire, LS82
£79505/240.46 mi-2
£1,10004/240.46 mi-2
£90006/240.47 miBexley Terrace, Leeds2
£75005/240.47 miBrownhill Crescent, Leeds, West Yorkshire, LS92
£87505/240.47 miClifton Avenue, Leeds, West Yorkshire, LS92
£97504/250.48 mi-2

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

2.04 miles away

Nearest school

0.10 miles away

Nearest train station

2.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £120,000

January 23, 2025

Listed for £125,000

December 26, 2024

Sold for £78,000

2006

Sold for £28,000

1995

Floor Plans

Description

  • Three bedrooms +
  • Kitchen & Utility +
  • Popular & Convenient Location +
  • Ideal for First Time Buyers +
  • Local Amenities Closeby +

SUMMARY
This property offers fantastic potential for growth, whether you're looking to modernize to your taste or move straight in. With its strategic location and appealing layout, it's an affordable step onto the property ladder or a solid investment with high rental demand.

DESCRIPTION
Welcome to this three-bedroom mid-terrace home, ideally positioned in a convenient location just moments from Leeds city centre. This property offers an excellent opportunity for both investors seeking a valuable addition to their portfolio and first-time buyers looking to settle in a vibrant and convenient area.

The property briefly comprises: a lounge, leading to the kitchen and utility area with access to the first floor. The first floor hosts a double bedroom and a family bathroom. The second floor hosts two further bedrooms.

This property is located within a short distance of Leeds city centre, providing all the benefits of city living without the hustle and bustle at your doorstep. The area boasts:
o Excellent Transport Links: Convenient bus routes and nearby train stations for seamless commuting.
o Local Amenities: Supermarkets, cafes, and schools within walking distance.
o Thriving Community: A friendly and welcoming neighbourhood with great local character.

Kitchen 
Fitted wall and base units, double glazed window to the front.

Lounge 
Double glazed window to the front, laminate flooring.

Family Bathroom 
Shower, handwash basin, and WC.

Bedroom One  
Double bedroom with double glazed window.

Bedroom Two 
Spacious room with window.

Bedroom Three 
Good sized bedroom with window.

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, Oakwood

0113 519 0465

Next Steps?

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