2 Bed Terraced House, Single Let, Leeds, LS27 8AN, £159,950

Gillroyd Parade, Morley, Leeds, West Yorkshire, LS27 8AN - 2 views - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£96.5K - £240K
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£163,466
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£5,999

Total Cash In

£45,986

 

 

Cash Out

 

Rent Range

£650 - £1,250

Rent Estimate

£675

Running Costs/mo

£655

Cashflow/mo

£20

Cashflow/yr

£242

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £96.5K to £240K, average is £147.8K. £1.5K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£122K10/210.06 mi3, California Street, Morley, Leeds, West Yorkshire LS27 8BS2
£153K12/230.06 mi7, Hartley Place, Morley, Leeds, West Yorkshire LS27 8AL2
£135K08/230.06 mi8, Hartley Place, Morley, Leeds, West Yorkshire LS27 8AL2
£133K04/210.08 mi30, South Street, Morley, Leeds, West Yorkshire LS27 8AT2
£140K02/230.09 mi10, South Street, Morley, Leeds, West Yorkshire LS27 8AT2
£135K10/230.1 mi10, Jubilee Terrace, Morley, Leeds, West Yorkshire LS27 8BL2
£115K02/210.1 mi16, Jubilee Terrace, Morley, Leeds, West Yorkshire LS27 8BL2
£130K12/200.11 mi7a, South Parade, Morley, Leeds, West Yorkshire LS27 8AJ2
£127.5K08/230.11 mi41, Hartley Street, Morley, Leeds, West Yorkshire LS27 8BT2
£188K04/210.12 mi15, Wide Lane, Morley, Leeds, West Yorkshire LS27 8BU2
£198K12/220.12 mi5, Siskin Court, Morley, Leeds, West Yorkshire LS27 8TY2
£132K04/230.13 mi6, Melbourne Street, Morley, Leeds, West Yorkshire LS27 8BG2
£160K04/230.13 mi12, Back School Street, Morley, Leeds, West Yorkshire LS27 8BN2
£117.5K09/210.18 mi12, Tennyson Street, Morley, Leeds, West Yorkshire LS27 8QN2
£200K03/230.2 mi19, Annie Street, Morley, Leeds, West Yorkshire LS27 8QH2
£108K09/210.21 mi6, Ilford Street, Morley, Leeds, West Yorkshire LS27 8QJ2
£183K11/230.22 mi10, Lewisham Grove, Morley, Leeds, West Yorkshire LS27 8RY2
£150K08/210.22 mi66, Glen Road, Morley, Leeds, West Yorkshire LS27 9HG2
£173K12/200.23 mi18, Bittern Rise, Morley, Leeds, West Yorkshire LS27 8GH2
£128K09/230.23 mi83, King Street, Morley, Leeds, West Yorkshire LS27 9ES2
£170K03/230.23 mi3, King Street, Morley, Leeds, West Yorkshire LS27 9ES2
£142.5K01/230.23 mi5, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£120K05/230.23 mi22, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£165K02/240.23 mi4, Johnson Terrace, Morley, Leeds, West Yorkshire LS27 8QR2
£126K11/210.25 mi61, Clough Street, Morley, Leeds, West Yorkshire LS27 8RP2
£131.3K01/210.25 mi83, Clough Street, Morley, Leeds, West Yorkshire LS27 8RP2
£135K09/230.25 mi47, Clough Street, Morley, Leeds, West Yorkshire LS27 8RP2
£150K03/230.25 mi118, Peel Street, Morley, Leeds, West Yorkshire LS27 8RN2
£156.5K02/240.27 mi41a, Clough Street, Morley, Leeds, West Yorkshire LS27 8RL2
£167K11/230.28 mi43, Great Northern Street, Morley, Leeds, West Yorkshire LS27 9AF2
£120K06/210.28 mi8, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£96.5K02/210.28 mi2, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£235K09/230.28 mi11, Wigeon Approach, Morley, Leeds, West Yorkshire LS27 8GN2
£192.5K05/230.28 mi5, Hardy Court, Morley, Leeds, West Yorkshire LS27 8HT2
£182.5K01/210.28 mi7, Hardy Court, Morley, Leeds, West Yorkshire LS27 8HT2
£125K03/210.29 mi58, Great Northern Street, Morley, Leeds, West Yorkshire LS27 9AG2
£145K06/230.29 mi12, Great Northern Street, Morley, Leeds, West Yorkshire LS27 9AG2
£197K07/230.29 mi1, Oak Grove, Morley, Leeds, West Yorkshire LS27 9HD2
£153.5K03/230.29 mi11, Oak Grove, Morley, Leeds, West Yorkshire LS27 9HD2
£100K11/200.3 mi47, Bridge Street, Morley, Leeds, West Yorkshire LS27 0ER2
£155K03/230.3 mi47, Bridge Street, Morley, Leeds, West Yorkshire LS27 0ER2
£122K02/230.3 mi1, Charles Street, Morley, Leeds, West Yorkshire LS27 8RD2
£224K06/230.32 mi4, Martin Close, Morley, Leeds, West Yorkshire LS27 8WF2
£175K04/210.32 mi15, Appleby Way, Morley, Leeds, West Yorkshire LS27 8LA2
£240K01/230.32 mi6, Petrel Way, Morley, Leeds, West Yorkshire LS27 8GB2
£170K10/230.33 mi142, Glen Road, Morley, Leeds, West Yorkshire LS27 9HF2
£181K04/230.33 mi17, Beacon Avenue, Morley, Leeds, West Yorkshire LS27 9HE2
£225K10/230.36 mi11, Millside Walk, Morley, Leeds, West Yorkshire LS27 8WD2
£135K05/210.36 mi92, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JD2
£145.5K06/230.36 mi12, Zoar Street, Morley, Leeds, West Yorkshire LS27 8JD2

Local Rents

50 rents from £650/mo to £1.3K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£85005/240.01 miGillroyd Parade Morley Leeds LS27 8AN2
£75005/240.02 miSouth Street, Morley, Leeds, West Yorkshire, LS272
£75005/240.03 miMiddleton Road, Morley, LS272
£99506/240.06 miMelbourne Street, Morley, Leeds, West Yorkshire, LS272
£85001/250.09 mi-2
£65006/240.1 mi30 Melbourne Mills, Melbourne Street, Morley, LS27 8BJ2
£75005/240.12 miSouth Queen Street, Morley, Leeds, West Yorkshire, UK, LS272
£85005/240.14 miBack School Street, Morley, Leeds2
£94512/240.15 mi-2
£94505/240.15 miCommercial Street, Morley, LS272
£99505/240.16 miPeel Mills, Morley, Leeds, LS272
£99505/240.16 mi-2
£1,10005/240.16 miOwl Ridge, Morley, Leeds, West Yorkshire, LS272
£1,05005/240.16 mi-2
£94504/240.17 mi-2
£96506/240.17 mi-2
£89505/240.17 miPeel Street, Morley, Leeds, West Yorkshire, LS272
£85005/240.17 miRhodes Court, Morley2
£92509/230.18 mi-2
£94905/240.18 miOwl Ridge, Morley, Leeds, West Yorkshire2
£85005/240.18 miPeel Street, Morely, Leeds, LS27 8QE2
£87503/250.19 mi-2
£67506/240.2 miSovereign Mill, South Queen Street, Morley, Leeds2
£95005/240.2 mi-2
£90005/240.2 mi-2
£79505/240.21 mi-2
£79505/240.21 miCommercial Street, Leeds, LS272
£90004/210.22 miFountain Street, Morley2
£75006/240.22 miPeel Street, Morley, LS272
£85005/240.22 miPeel Street, Morley, Leeds, West Yorkshire, LS272
£75003/250.23 mi-2
£1,10005/240.23 miBittern Rise, Morley, Leeds, LS272
£79503/240.23 miMilton House, Queen Street, Leeds, West Yorkshire, LS272
£77505/240.23 mi8 Milton House, Queen Street, Morley, LS27 9EB2
£97509/240.24 mi-2
£1,00005/240.25 miMerlin Close, Morley, Leeds, West Yorkshire, LS272
£92505/240.25 mi-2
£85012/240.27 mi-2
£87503/250.27 mi-2
£85005/240.27 miOddfellow Street, Morley, Leeds, LS272
£80002/250.29 mi-2
£82502/250.29 mi-2
£1,25003/240.29 mi-2
£72512/240.29 mi-2
£97502/250.29 mi-2
£87505/240.3 miAckroyd Street, Morley, LS272
£95001/250.3 mi-2
£69505/240.31 miClough Street, Morley, Leeds, LS272
£78509/230.32 mi-2
£85002/250.32 mi-2

Local Area Statistics

Population in LS27

35,679

Population in Leeds

635,166

Town centre distance

4.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £159,950

January 7, 2025

Floor Plans

Description

  • Rear Facing Back to Back +
  • Two Bedrooms +
  • Refurbished Throughout +
  • South Facing Garden +
  • Suit FTB or Investor +
  • Vacant & No Onward h +

* RECENTLY REFURBISHED DOUBLE FRONTED MID TERRACE HOME WITH GARDEN * TWO BEDROOMS * CLOSE TO THE AMENITIES OF MORLEY TOWN CENTRE * FOR SALE WITH VACANT POSSESSION & NO ONWARD CHAIN ***

Property Details
This property has been modernised throughout by the current owner and offers ready to move into accommodation briefly comprising; Entrance hall, spacious lounge, stylish fitted kitchen, cellar storage space, two first floor bedrooms and stylish bathroom with a white suite. Double glazed windows, gas central heating and neutral decor throughout. South facing lawned garden area to the front. Good access to the amenities of Morley town centre and a number of well regarded schools. Ideally suit a first time buyer, investor, couple or downsizer. For sale with vacant possession and no onward chain.

Ground Floor

Entrance Hall
Front facing exterior door. Doors to both downstairs rooms.

Lounge
A good size and well presented reception room. Having an opening for an electric fire, central heating radiator, new carpets, front facing double glazed window and stairs to the first floor accommodation.

Kitchen
A fully modernised kitchen fitted with a stylish range of wall and base units. Extensive work surfaces incorporating a sink and drainer unit with tiled splash backs. Integral gas hob and oven with an extractor over. Space and plumbing for a washing machine. Front facing double glazed window. Central heating radiator. Door to the cellar stairs.

Cellar
Useful additional storage space housing the gas and electric meters and accessed via stairs from the kitchen.

First Floor

Landing
Doors to all first floor rooms. Loft access hatch. Built-in storage cupboard.

Bedroom One
A double bedroom having a front facing double glazed window, new carpets and a central heating radiator.

Bedroom Two
Single bedroom having a front facing double glazed window, new carpets and central heating radiator.

Bathrom
Fitted with a white suite comprising low flush WC, pedestal wash basin and panelled bath with an electric shower over. Part tiled walls. Front facing double glazed window. Chrome heated towel rail. Recessed spotlights.

Exterior
To the front of the property is a lawned garden area which has a southerly aspect making it a real suntrap. The garden has great potential for further landscaping should a purchaser wish.

Agents Note
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MOR240618/2

Agent Details

Reeds Rains, Morley

0113 519 4081

Next Steps?

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