2 Bed Flat, Single Let, Leeds, LS7 2SW, £130,000

Meanwood Heights, Meanwood Road, Leeds, LS7 2SW - 3 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£150,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£4,950

Total Cash In

£37,450

 

 

Cash Out

 

Rent Range

£542 - £1,820

Rent Estimate

£678

Running Costs/mo

£562

Cashflow/mo

£116

Cashflow/yr

£1,394

ROI

4%

Gross Yield

6%

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 
£112K08/210.11 mi1, Delph Court, Leeds, West Yorkshire LS6 2HL2
£115K07/210.11 mi2, Delph Court, Leeds, West Yorkshire LS6 2HL2
£185.9K03/210.25 mi68, Cliff Road, Leeds, West Yorkshire LS6 2EZ2
£147K10/220.29 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
£139K06/210.45 mi4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£139K10/220.45 miFlat, 4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£112K02/230.45 mi20, Eltham Gardens, Leeds, West Yorkshire LS6 2TX2
£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
£425K03/240.51 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
£77K04/210.68 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£97.5K07/230.7 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
£200K01/210.73 miFlat 12, Linfield, Grove Road, Headingley, Leeds, West Yorkshire LS6 2AB2
£207K10/200.73 miFlat 2, 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
£150K06/230.79 mi1c, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£250K07/210.79 mi5, Blenheim Square, Leeds, West Yorkshire LS2 9AR2
£321K01/230.83 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£132K08/210.83 mi3, Highbury Lane, Leeds, West Yorkshire LS6 4HF2
£131K07/210.86 mi7, Grove Court, Leeds, West Yorkshire LS6 4AE2
£160K09/220.86 mi41, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£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
£180K06/230.92 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£255K09/220.92 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2

Local Rents

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

RentDateDistanceAddressBeds 
£93005/240.05 miMeanwood Road, Meanwood, Leeds2
£89505/240.06 miMeanwood Road, Leeds, LS72
£89505/240.12 miDelph Court, Woodhouse, Leeds, LS62
£80005/240.12 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
£62503/250.24 mi-2
£1,82005/240.26 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£1,30005/240.28 miCliff Road, Hyde Park, Prime Location!!!2
£95010/230.28 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£90012/240.28 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£1,00012/240.29 miGlossop Street, Leeds, LS62
£91005/240.3 mi18 Glossop Street2
£1,04005/240.3 mi1 Pennington Grove, Leeds, LS6 2JL2
£1,19512/240.31 miSharp Mews, Meanwood, Leeds, LS62
£72812/240.32 miChristopher Road, Woodhouse, LS6 2
£1,20005/240.33 miBeech House, Woodhouse Cliff, Leeds2
£1,04010/230.33 miGrosvenor Park Gardens, Headingley, Leeds, LS62
£85005/240.33 miGrosvenor Park Gardens, Hyde Park, Leeds2
£1,20012/240.35 mi-2
£1,20001/250.35 mi-2
£1,20005/240.35 miMarsh Vale, Leeds, LS62
£1,01405/240.36 miWoodhouse Street (FFF), Woodhouse, Leeds2
£1,00002/250.36 mi-2
£1,09505/240.37 miLeslie Terrace, Leeds, West Yorkshire, LS62PR2
£1,08505/240.37 miGrosvenor Road, Leeds, LS62
£1,42205/240.37 mi4a Grosvenor Road, Leeds, LS6 2DZ2
£1,09205/240.37 miGrosvenor Road, Hyde Park, Leeds2
£54205/240.37 miGrosvenor Road, Hyde Park, Leeds2
£1,25005/240.37 miMaryland House, Grosvenor Road2
£1,07912/240.37 mi10 Ridgeway House, LS6 2DZ2
£1,04005/240.38 miRegent Park Terrace, Leeds, West Yorkshire, LS62
£1,10105/240.38 miSwan With Two Necks2
£1,10105/240.38 miSwan With Two Necks2
£1,05005/240.38 miRegent Park Terrace, Leeds, West Yorkshire, LS62
£97505/240.38 miRampart Road, Leeds2
£1,10005/240.38 miRampart Road, Leeds2
£1,00005/240.38 mi17 Regent Park Terrace, Leeds, LS6 2AX2
£97005/240.39 miGround Floor, 12 Regent Park Avenue, Leeds, LS6 2AU2
£62805/240.39 miRegent Park Avenue, , 2
£99506/240.4 miPotternewton Mount, Leeds, LS72
£1,00012/240.4 mi-2
£97502/250.4 mi-2
£1,01405/240.41 miThe Crescent, Hyde Park, Leeds2
£79305/240.41 miThe Crescent, Hyde Park, Leeds2
£1,29505/240.42 miHyde Park Road, Leeds, LS62
£1,29512/240.42 mi-2
£1,10003/250.43 mi-2

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.24 miles away

Nearest school

0.20 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £130,000

February 20, 2025

Listed for £125,000

January 15, 2025

Floor Plans

Description

  • Chain Free +
  • Two Bedrooms +
  • Modern Fitted Kitchen +
  • Great Location +
  • Allocated Parking Space +
  • Spacious Living Area +

*OPEN FOR PRIVATE VIEWINGS SATURDAY 25TH & MONDAY 27TH JANUARY. PLEASE GET IN TOUCH WITH THE OFFICE TO BOOK YOUR TIME* A beautifully presented two bedroom top floor apartment, situated in a sought-after location on Meanwood Road, Leeds. This modern property offers a stylish and neutral interior, making it an ideal choice for those seeking a comfortable and contemporary living space. The apartment features a spacious and light filled reception room with feature wall, offering amble space for storage and dining. The modern fitted kitchen is fitted with a range of white wall and base units, equipped with integrated appliances. The property also benefits from a sleek, modern bathroom comprising of three piece suite. The bathroom is part tiled and fitted with a mirrored vanity cabinet. The Master bedroom is a great size and benefits from natural light and neutral decoration, while the second bedroom is also well proportioned and currently used as a second living/office space. The entire apartment is tastefully decorated and ready to move into.  Located in a convenient area with allocated parking space and excellent transport links, local amenities, and green spaces nearby, this property would make a fantastic home for professionals, couples, or small families. EPC rating: C. Tenure: Leasehold, Service charge description: Paid quarterly - £253.18 per quarter,

Agent Details

Northwood, Chapel Allerton

0113 519 3483

Next Steps?

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