2 Bed Flat, Single Let, Leeds, LS7 2SW, £137,500

Flat 2, Meanwood Heights, Meanwood Road, Leeds, West Yorkshire, LS7 2SW - 1 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£77K - £425K
Sold Prices/m²£1.5K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£166,375
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,375

Stamp Duty & Legal Fees

£8,325

Total Cash In

£42,700

 

 

Cash Out

 

Rent Range

£542 - £1,820

Rent Estimate

£594

Running Costs/mo

£568

Cashflow/mo

£26

Cashflow/yr

£306

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £77K to £425K, average is £159.8K. £1.5K/m² to £8.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£112K08/210.12 mi1, Delph Court, Leeds, West Yorkshire LS6 2HL2
£115K07/210.12 mi2, Delph Court, Leeds, West Yorkshire LS6 2HL2
£185.9K03/210.26 mi68, Cliff Road, Leeds, West Yorkshire LS6 2EZ2
£147K10/220.3 mi16, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£142.5K05/230.34 mi5, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£125K04/210.34 mi19, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£125K03/210.34 mi32, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£120K02/230.34 mi2, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£130K05/210.34 mi42, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£145K08/230.34 mi23, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£155K07/240.34 mi25, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£112K02/230.46 mi20, Eltham Gardens, Leeds, West Yorkshire LS6 2TX2
£139K06/210.46 mi4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£139K10/220.46 miFlat, 4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£170K12/220.49 mi1, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£167.3K06/210.49 mi17, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£185K07/240.49 mi15, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£192K06/240.49 mi2, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£425K03/240.52 mi21, Victoria Gardens, Hyde Park, Leeds, West Yorkshire LS6 1FH2
£125K11/200.55 miFlat 33, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ2
£150K09/230.64 mi21, The Poplars, Leeds, West Yorkshire LS6 2BT2
£77K04/210.67 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£97.5K07/230.69 mi31, Potternewton Heights, Leeds, West Yorkshire LS7 3DD2
£180K09/230.7 mi9, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£157K04/210.7 mi11, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£150K01/210.7 mi7, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£229.9K07/230.71 mi36, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£170K08/210.71 mi29, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£190K02/230.71 mi40, Dene House Court, Leeds, West Yorkshire LS2 9BS2
£275K11/220.73 miFlat 7, Linfield, Grove Road, Headingley, Leeds, West Yorkshire LS6 2AB2
£150K06/210.73 mi6 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD2
£157K10/230.73 mi12a Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD2
£200K01/210.74 miFlat 12, Linfield, Grove Road, Headingley, Leeds, West Yorkshire LS6 2AB2
£255K12/220.74 miFlat 10, Linfield, Grove Road, Headingley, Leeds, West Yorkshire LS6 2AB2
£171K06/210.76 mi22, Ashfield Park, Leeds, West Yorkshire LS6 2QT2
£170K08/230.76 mi7, Ashfield Park, Leeds, West Yorkshire LS6 2QT2
£150K06/230.8 mi1c, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£250K07/210.8 mi5, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£321K01/230.82 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£132K08/210.83 mi3, Highbury Lane, Leeds, West Yorkshire LS6 4HF2
£160K09/220.86 mi41, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£131K07/210.86 mi7, Grove Court, Leeds, West Yorkshire LS6 4AE2
£159.5K11/210.91 mi43, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£175K11/210.91 mi66, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£175K06/230.91 mi32, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£195K09/230.91 mi7, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£182.5K02/240.91 mi14, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£205K01/240.91 mi14, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£255K09/220.91 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£180K06/230.91 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2

Local Rents

50 rents from £542/mo to £1.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£93005/240.04 miMeanwood Road, Meanwood, Leeds2
£89505/240.06 miMeanwood Road, Leeds, LS72
£89505/240.13 miDelph Court, Woodhouse, Leeds, LS62
£80005/240.13 miDelph Court, LS62
£1,30005/240.16 miBurchett Place, Leeds, West Yorkshire, LS62
£1,00005/240.2 miHartley Crescent, Leeds2
£1,05005/240.21 miHartley Avenue, Woodhouse, Leeds2
£1,05003/250.24 mi-2
£62503/250.25 mi-2
£1,82005/240.27 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£1,07504/250.28 mi-2
£1,30005/240.29 miCliff Road, Hyde Park, Prime Location!!!2
£95010/230.29 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£90012/240.29 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£1,00012/240.3 miGlossop Street, Leeds, LS62
£91005/240.3 mi18 Glossop Street2
£1,19512/240.31 miSharp Mews, Meanwood, Leeds, LS62
£1,04005/240.31 mi1 Pennington Grove, Leeds, LS6 2JL2
£72812/240.33 miChristopher Road, Woodhouse, LS6 2
£1,20005/240.33 miBeech House, Woodhouse Cliff, Leeds2
£1,04010/230.34 miGrosvenor Park Gardens, Headingley, Leeds, LS62
£85005/240.34 miGrosvenor Park Gardens, Hyde Park, Leeds2
£1,19804/250.34 mi-2
£1,20012/240.36 mi-2
£1,20001/250.36 mi-2
£1,20005/240.36 miMarsh Vale, Leeds, LS62
£1,01405/240.36 miWoodhouse Street (FFF), Woodhouse, Leeds2
£1,00002/250.37 mi-2
£1,08505/240.37 miGrosvenor Road, Leeds, LS62
£1,09505/240.38 miLeslie Terrace, Leeds, West Yorkshire, LS62PR2
£1,42205/240.38 mi4a Grosvenor Road, Leeds, LS6 2DZ2
£1,09205/240.38 miGrosvenor Road, Hyde Park, Leeds2
£54205/240.38 miGrosvenor Road, Hyde Park, Leeds2
£1,25005/240.38 miMaryland House, Grosvenor Road2
£1,07912/240.38 mi10 Ridgeway House, LS6 2DZ2
£1,04005/240.38 miRegent Park Terrace, Leeds, West Yorkshire, LS62
£1,10105/240.39 miSwan With Two Necks2
£99506/240.39 miPotternewton Mount, Leeds, LS72
£1,10105/240.39 miSwan With Two Necks2
£1,05005/240.39 miRegent Park Terrace, Leeds, West Yorkshire, LS62
£97505/240.39 miRampart Road, Leeds2
£1,10005/240.39 miRampart Road, Leeds2
£1,00005/240.39 mi17 Regent Park Terrace, Leeds, LS6 2AX2
£1,00012/240.39 mi-2
£97502/250.39 mi-2
£97005/240.4 miGround Floor, 12 Regent Park Avenue, Leeds, LS6 2AU2
£62805/240.4 miRegent Park Avenue, , 2
£1,01405/240.42 miThe Crescent, Hyde Park, Leeds2
£79305/240.42 miThe Crescent, Hyde Park, Leeds2
£1,10004/250.43 mi-2

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.25 miles away

Nearest school

0.20 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £137,500

January 6, 2025

Floor Plans

Description

  • Two bedroom +
  • Ground floor apartment +
  • Beautifully presented throughout +
  • Modern kitchen +
  • Stylish bathroom +
  • Parking space +
  • Convenient location +
  • Material information available +

This two-bedroom ground floor apartment is the perfect first home or downsizing purchase. A short distance from the city centre making it ideal for commuters.

The accommodation is beautifully presented and benefits from a secure entry system, PVCu double glazing and recently fitted (2023) electric heating. Entering into the hallway there is a generous cupboard with plenty of storage and space for coats. Doors lead to: The lounge is an ideal size for both living and dining areas. An open doorway leads through to the modern fitted kitchen integral appliances.

The main bedroom is a good sized double. The second bedroom is ideal for a home office, guest bedroom or dressing room. The fully tiled bathroom is fitted with a modern three piece suite in white, comprising; a panel enclosed bath with over bath shower, glass shower screen, vanity wash hand basin and concealed flush w.c..

Outside the property sits in leafy surroundings and there is an allocated parking space.

Meanwood Heights is conveniently situated just off Meanwood Road there is excellent access to Leeds city centre, the hospitals, university and surrounding areas. Nearby central Meanwood, Woodhouse and Headingley offer plenty of shops, bars and restaurants. Green walks are on your doorstep with Woodhouse Ridge, The Meanwood Valley Trail and Meanwood Urban Farm.

Agent Details

Manning Stainton, Headingley

0113 519 1538

Next Steps?

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