3 Bed Flat, Single Let, Leeds, LS11 8HF, £125,000

Cardinal Avenue, Leeds, West Yorkshire, LS11 8HF - 3 views - 3 months ago

Leasehold
BTL
ROI: 9%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£75K - £340K
Sold Prices/m²£818/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£151,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£850 - £1,350

Rent Estimate

£850

Running Costs/mo

£581

Cashflow/mo

£269

Cashflow/yr

£3,233

ROI

9%

Gross Yield

8%

Local Sold Prices

17 sold prices from £75K to £340K, average is £157.8K. £818/m² to £3.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£87K07/231.57 mi14, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£75K07/231.57 mi12, Newhall Gate, Leeds, West Yorkshire LS10 3RZ3
£146.5K06/231.64 mi36, Louis House, Pullman Court, Morley, Leeds, West Yorkshire LS27 8PT3
£265K11/202.04 mi10, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£200K04/212.26 mi2, Melton Close, Leeds, West Yorkshire LS10 4RB3
£340K05/212.36 mi51, The Roundway, Morley, Leeds, West Yorkshire LS27 0JR3
£137.5K06/232.43 mi9, Bawn Approach, Leeds, West Yorkshire LS12 5BZ3
£157.8K03/212.5 mi17, Marlborough Grange, Leeds, West Yorkshire LS1 4PF3
£160K01/232.67 mi47, Turnberry Gardens, Tingley, Wakefield, West Yorkshire WF3 1AD3
£140K04/232.67 mi57, Turnberry Gardens, Tingley, Wakefield, West Yorkshire WF3 1AD3
£125K10/212.67 mi97, Turnberry Gardens, Tingley, Wakefield, West Yorkshire WF3 1AD3
£137K04/212.67 mi93, Turnberry Gardens, Tingley, Wakefield, West Yorkshire WF3 1AD3
£135K04/222.68 mi46, Turnberry Gardens, Tingley, Wakefield, West Yorkshire WF3 1AD3
£200K09/222.74 mi10, Moorfield, Gildersome, Leeds, West Yorkshire LS27 7BW3
£158K12/212.89 mi8, Castle Lodge Square, Rothwell, Leeds, West Yorkshire LS26 0ZG3
£230K10/222.9 mi45a, Mabgate, Leeds, West Yorkshire LS9 7DB3
£180K10/232.91 mi105, Pontefract Lane, Leeds, West Yorkshire LS9 9HW3

Local Rents

18 rents from £850/mo to £1.4K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£1,15004/240.11 mi-3
£1,10005/240.13 miWaincliffe Drive, Leeds, West Yorkshire3
£1,29512/240.19 mi-3
£85011/230.28 mi-3
£85010/230.3 mi-3
£1,32009/240.32 mi-3
£90005/240.51 mi-3
£1,10003/250.53 mi-3
£85011/230.54 mi-3
£95005/240.55 miDulverton Close, Leeds, West Yorkshire, LS113
£85005/240.56 mi-3
£85005/240.56 mi-3
£95005/240.58 miCross Flatts Row, Beeston, Leeds3
£87510/230.58 mi-3
£1,35012/240.59 mi-3
£1,20005/240.61 miCottingley Drive, LS113
£99505/240.62 mi-3
£1,02505/240.62 miFirth Avenue, Leeds, LS113

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

2.63 miles away

Nearest school

0.30 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £125,000

January 10, 2025

Floor Plans

Description

  • Ground floor +
  • Large rear garden +
  • Beautiful external terrace +
  • Three bedrooms +
  • Ideal investment +
  • Material information available +

Rare to market is this three bedroom ground floor flat which has a superb sized rear garden which has been lovingly maintained by the current owner. An early viewing is essential to appreciate what is on offer.

Situated within close proximity to motorway links such as the M62 and M1 this makes an attractive purchase for the commuter. Good local shops including the White rose shopping centre is also within close proximity with its wealth of amenities.

The property comprises of; large lounge with double glazed window to the front. The kitchen is fitted with a range of wall and base mounted units with complimentary work surfaces over and has access to the rear terrace. There are three bedrooms all having ample floorspace for suitable bedroom furniture. The bathroom completes the living accommodation and consists of; shower enclosure/ low level flush WC and wash hand basin.

Externally the property boasts a front and rear garden. The rear garden benefits from a large shed and a manicured lawn. A covered terrace offers a seating area which can be enjoyed in all weathers and is bathed in sunlight throughout the day.

Agent Details

Manning Stainton, Beeston

0113 519 1497

Next Steps?

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