2 Bed Flat, Single Let, Leeds, LS12 1DF, £145,000

Gotts Road, Leeds, LS12 1DF - 3 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+16 photos

ValuationUndervalued

Sold Prices£83K - £300K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£179,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£752 - £2,650

Rent Estimate

£1,000

Running Costs/mo

£673

Cashflow/mo

£327

Cashflow/yr

£3,923

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £83K to £300K, average is £190K. £1.5K/m² to £3.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£300K09/230 miFlat 79, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£187.5K02/210 miFlat 84, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£215K04/210 miFlat 43, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£186K08/210 miFlat 66, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£160K04/210 miFlat 58, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£188K08/230 miFlat 57, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£190K02/230.01 miFlat 54, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£220K11/220.02 miFlat 12, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD2
£176K06/210.02 miFlat 47, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£148K03/210.02 miFlat 42, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£240K10/200.02 miFlat 51, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£185.5K04/210.03 miFlat 38, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£175K04/210.03 miFlat 39, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£190.5K01/210.03 miFlat 40, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£169.9K02/210.03 miFlat 8, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£170K12/220.03 miFlat 84, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£225K01/230.03 miFlat 86, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£270K02/210.04 miFlat 29, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£194.5K03/230.04 miFlat 10, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£280K05/210.04 miFlat 34, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£177.5K04/230.04 miFlat 42, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE2
£172K04/210.04 miFlat 13, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£169K12/210.04 miFlat 50, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE2
£270K02/230.05 miFlat 90, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£140K04/230.06 miFlat 10, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD2
£172.5K06/210.06 miFlat 24, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD2
£242K07/230.06 miFlat 17, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD2
£171K12/230.06 miBonaire, Flat 13, Gotts Road, Leeds, West Yorkshire LS12 1DL2
£235K10/220.06 miFlat 33, Bonaire, Gotts Road, Leeds, West Yorkshire LS12 1DL2
£188K11/220.07 miFlat 30, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£165K03/230.12 miFlat 44, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE2
£210K08/220.38 mi18, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K08/220.38 mi11, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£175K05/210.38 mi29, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£190K11/210.38 mi7, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£194K10/210.38 mi20, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K05/220.38 mi23, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£204K02/230.44 mi32, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£145K07/230.47 mi9, Kendal Walk, Leeds, West Yorkshire LS3 1NP2
£262.5K01/230.55 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.55 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.55 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£215K11/220.55 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£125K10/200.72 miFlat 1, Berkeley Court, Kelso Street, Leeds, West Yorkshire LS2 9PT2
£125K10/200.72 miFlat 1, Berkeley Court, Kelso Street, Leeds, West Yorkshire LS2 9PT2
£255K07/240.77 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.77 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.77 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.77 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£83K11/200.87 mi10, Masham Grove, Leeds, West Yorkshire LS12 1QT2

Local Rents

50 rents from £752/mo to £2.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,43805/240 miGotts Road, Leeds, West Yorkshire, LS122
£1,15005/240.02 miElba, Gotts Road, Leeds, West Yorkshire, LS122
£1,29505/240.02 miCatalina City Island Gotts Road Leeds LS122
£1,40005/240.02 miCatalina, City Island, City Centre2
£1,25005/240.03 miSantorini, Gotts Road, Leeds, West Yorkshire, LS122
£2,55005/240.03 miGotts Road, Leeds, West Yorkshire, LS122
£1,15005/240.03 miSantorini, City Island, Gotts Road, Leeds LS122
£1,15006/240.03 miSantorini, City Island, Leeds City Centre2
£2,60002/240.03 mi-2
£1,22505/240.03 mi-2
£2,60005/240.03 mi-2
£2,65012/240.03 mi-2
£2,44903/250.03 mi-2
£1,05004/250.03 mi-2
£99505/240.04 miWestray, Gotts Road, Leeds2
£1,17506/240.04 miGotts Road, Leeds, West Yorkshire, UK, LS122
£1,20005/240.04 miFaroe, Gotts Road, Leeds, West Yorkshire, LS122
£1,15005/240.04 miFaroe, Gotts Road, Leeds, West Yorkshire, LS122
£1,10005/240.04 mi16 Westray2
£99506/240.04 miElba, Gotts Road, Leeds, West Yorkshire, LS122
£1,10005/240.04 miBeringa, City Island Leeds2
£75206/240.04 miAPARTMENT 32 Beringa,Gotts Road2
£89505/240.05 miSantorini, Gotts Road, LS122
£1,10005/240.05 miSantorini, Gotts Road, LS122
£89505/240.05 mi82/Santorini, Leeds2
£99505/240.05 miSantorini, Gotts Road, LS122
£1,20005/240.06 miGotts Road, LEEDS2
£1,09505/240.06 miBonaire, Gotts Road, Leeds2
£1,20005/240.06 miBonaire Gotts Road City Island2
£1,45005/240.07 miGotts Road, Leeds, West Yorkshire, UK, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,20505/240.07 miWaterside Apartments, Leeds, LS122
£1,20505/240.07 miWaterside Apartments, Leeds, LS122
£1,20505/240.07 miWaterside Apartments, Leeds, LS122
£1,20505/240.07 miWaterside Apartments, Leeds, LS122
£1,20505/240.07 miWaterside Apartments, Leeds, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,25505/240.07 miWaterside Apartments, Leeds, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,25505/240.07 miWaterside Apartments, Leeds, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,24506/240.07 miWaterside Apartments, Leeds, LS122
£1,30506/240.07 miWaterside Apartments, Leeds, LS122
£1,24506/240.07 miWaterside Apartments, Leeds, LS122
£1,30506/240.07 miWaterside Apartments, Leeds, LS122
£1,24506/240.07 miWaterside Apartments, Leeds, LS122
£1,30506/240.07 miWaterside Apartments, Leeds, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,30505/240.07 miWaterside Apartments, Leeds, LS122
£1,28005/240.08 miMontague, Gotts Road, Leeds City Centre, LS122

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

0.50 miles away

Nearest school

0.40 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £145,000

April 1, 2025

Price changed to £147,000

March 20, 2025

Price changed to £154,000

February 28, 2025

Price changed to £157,000

January 31, 2025

Price changed to £160,000

January 19, 2025

Listed for £170,000

January 3, 2025

Description

  • Buy-to-Let Opportunity +
  • Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Well Maintained Property +
  • Easy Access to Local Amenities +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2-bedroom Flat located in Leeds. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a bathroom, a lounge, and a kitchen.

Investment details

It currently produces an annual gross income of £12,000. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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