2 Bed Flat, Single Let, Leeds, LS10 1PU, £120,000

Flat 128, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU - 3 views - 3 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 14%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£85K - £400K
Sold Prices/m²£1.2K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£146,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£850 - £2,000

Rent Estimate

£1,000

Running Costs/mo

£595

Cashflow/mo

£405

Cashflow/yr

£4,860

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £85K to £400K, average is £193.8K. £1.2K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£190K01/230 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£170K10/230.02 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£255K10/220.13 mi14, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£363K08/230.13 mi48, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£189.5K03/230.13 mi29, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£165.5K11/210.13 mi5, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£180K09/230.13 mi3, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£200K06/230.13 mi36, Turlow Court, Leeds, West Yorkshire LS9 8PA2
£178K02/230.18 miApartment 609, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K12/220.18 miApartment 101, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£240K11/220.18 miApartment 904, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DR2
£195K09/230.18 miApartment 209, The Gateway West, East Street, Leeds, West Yorkshire LS9 8DZ2
£234.7K01/240.18 miApartment 4, Spindle House East Street Mills, East Street, Leeds, West Yorkshire LS9 8EY2
£192K01/210.21 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.21 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.22 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£400K05/210.27 miFlat 1, Boyds Mill, East Street, Leeds, West Yorkshire LS9 8BU2
£255K07/240.35 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.35 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.35 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.35 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£150K09/220.35 mi14, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£160K11/200.35 mi40, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£155K11/200.35 mi8, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£165K04/210.36 mi36, Bouverie Court, Leeds, West Yorkshire LS9 8LB2
£170K04/210.37 miB17 Saxton, The Avenue, Leeds, West Yorkshire LS9 8FE2
£200K03/210.4 miApartment 113, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£180K07/230.4 miApartment 110, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£270K03/230.4 miApartment 116, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BT2
£200K06/230.4 miApartment 37, Skyline, St Peter's Street, Leeds, West Yorkshire LS9 8BN2
£215K11/220.56 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.57 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.57 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.57 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£129.5K02/240.67 mi54, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£85K06/210.69 mi1, Copperfield Place, Leeds, West Yorkshire LS9 0BT2
£204K02/230.72 mi32, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£205K08/230.73 mi24, Aire Quay, Hunslet, Leeds, West Yorkshire LS10 1GA2
£128K01/230.75 mi23, Gabriel Court, Leeds, West Yorkshire LS10 1DH2
£210K08/220.78 mi11, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K08/220.78 mi18, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£175K05/210.78 mi29, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£190K11/210.78 mi7, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£194K10/210.78 mi20, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K05/220.78 mi23, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£100K08/220.81 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.81 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£190K08/230.81 mi73, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£195K03/240.81 mi59b, Cable Place, Hunslet, Leeds, West Yorkshire LS10 1GB2
£107K10/200.81 mi14, Admiral Street, Leeds, West Yorkshire LS11 5NG2

Local Rents

50 rents from £850/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,39505/240 miChadwick Street, Leeds, LS102
£1,07505/240 miMackenzie House, Leeds, LS102
£1,30005/240.01 mi72 Mackenzie House, LS10 1PT2
£1,10005/240.01 miMackenzie House Leeds Dock City Centre2
£97505/240.01 miMackenzie House, Leeds Dock, City Centre2
£1,05005/240.01 miMackenzie House Chadwick Street Leeds LS102
£1,10005/240.01 miMackenzie House Clarence Dock2
£1,29005/240.01 miMackenzie House, Leeds Dock2
£1,07503/250.02 mi-2
£1,08503/250.02 mi-2
£1,45005/240.02 miMackenzie House, Leeds Dock2
£1,30005/240.02 miMackenzie House, Leeds Dock2
£2,00005/240.02 miMackenzie House Penthouse2
£1,15005/240.02 miMackenzie House, Leeds Dock, City Centre2
£1,51205/240.02 mi137 Mackenzie House, LS10 1PU2
£1,15005/240.02 miMackenzie House, Leeds Dock, City Centre2
£1,10005/240.02 miMackenzie House Chadwick Street Leeds LS102
£1,45105/240.02 mi137 Mackenzie House, LS10 1PU2
£1,15005/240.02 miMackenzie House Chadwick Street Leeds LS102
£1,20005/240.02 miMackenzie House Leeds Dock City Centre2
£1,15005/240.02 miMackenzie House, Clarence Dock2
£1,45105/240.02 mi175 Mackenzie House, LS10 1PU2
£1,10005/240.02 miMackenzie House, Chadwick Street, Leeds, LS102
£1,30006/240.02 mi169 Mackenzie House, LS10 1PU2
£92505/240.03 miChadwick Street, Leeds, West Yorkshire, LS102
£1,15005/240.03 miMackenzie House, Leeds2
£1,45105/240.03 mi31 Mackenzie House, LS10 1PJ2
£1,15005/240.03 mi42 Mackenzie House, Chadwick Street, Leeds, LS10 1PJ2
£1,05005/240.03 miChadwick Street, Leeds, West Yorkshire, LS102
£1,20005/240.03 miArmouries Way, Leeds, West Yorkshire, UK, LS102
£1,17505/240.03 miChadwick Street, Hunslet, Leeds2
£1,17505/240.03 miApartment 61, Mckenzie House2
£1,25005/240.03 miChadwick Street, Hunslet, Leeds2
£1,10004/240.03 mi-2
£1,10012/240.03 mi-2
£85003/240.04 miArmouries Way, Leeds, West Yorkshire, LS102
£1,00005/240.04 miMagellan House, Leeds Dock, City Centre2
£1,20005/240.05 miMagellan House, Armouries Way, Leeds, LS10 1JE2
£1,00005/240.05 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£99002/250.05 mi-2
£1,29505/240.06 miMagellan House, Leeds City Centre2
£1,25005/240.06 miMagellan House Armouries Way Leeds Dock Leeds LS102
£1,35012/240.06 miMackenzie House, Chadwick Street, Leeds, West Yorkshire, LS102
£1,10004/240.06 mi-2
£99505/240.06 miMagellan House, Leeds Dock, Armouries Way, Leeds2
£1,20005/240.06 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,00005/240.06 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,05005/240.07 miMagellan House, Leeds Dock2
£99505/240.08 miArmouries Way, Leeds, West Yorkshire, LS102
£1,08005/240.08 miMagellan House, Armouries Way, Leeds2

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

1.09 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £120,000

January 9, 2025

Description

  • Two Bedroom Apartment +
  • Leeds Docks location +
  • Fourth Floor +
  • Balcony +
  • En-suite to Master Bedroom +

Online Auction - 11th to 12th February 2025 Two Bedroom Fourth Floor Flat The property comprises a two-bedroom apartment situated on the fourth floor within a purpose-built block.

Accommodation:
The property comprises an entrance hall, open plan kitchen/diner/living room with balcony, two bedrooms with ensuite to the primary bedroom and a main bathroom.

The total floor area has been taken from the Energy Performance Certificate (EPC) as follows –

Total approx. floor area – 67 sq. m

Location:
The property is located in the Leeds Dock Development within close proximity to amenities and transport links. Leeds Station is 0.6 miles and Burley Park Station is 2.3 miles.

Tenure: Leasehold
Title number: WYK843679
Length of Lease/Term: 150 years from 26th March 2002
Ground Rent: £250pa
Service Charge: £TBC
Council Tax Band: D
Local Authority: Leeds City Council

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding Tenure: Leasehold EPC Rating: C Administration Fee: No fee applicable. Buyer's Premium Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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