3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS16 6BU, £250,000

55 Tinshill Lane, Cookridge, Leeds, LS16 6BU - 1 views - 3 months ago

Sold STC
Refurb/BRRR
77 m²
+14 photos

ValuationOvervalued

Sold Prices£185K - £440K
Sold Prices/m²£1.9K/m² - £5.2K/m²

 

 

Square Metres

77 m²
Price/m²£3.2K/m²

Value Estimate

£221,000

 

 

End Value (After Refurb)

£308,000

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£30,469

Bridging Loan Interest

£6,563

Total Cash In

£111,581

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£308,000

Mortgage (After Refinance)

£231,000

Mortgage LTV

75%

Cash Released

£43,500

Cash Left In

£68,081

Equity

£77,000

Rent Range

£850 - £1,500

Rent Estimate

£1,172

Running Costs/mo

£1,217

Cashflow/mo

£-45

Cashflow/yr

£-539

Gross Yield

6%

Local Sold Prices

50 sold prices from £185K to £440K, average is £277.5K. £1.9K/m² to £5.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£245K05/240.03 mi14, Grove Farm Croft, Leeds, West Yorkshire LS16 6DE3
£282.5K06/210.04 mi5, Grove Farm Drive, Leeds, West Yorkshire LS16 6DD3
£240K05/210.06 mi33, Tinshill Lane, Leeds, West Yorkshire LS16 6BU3
£300K04/230.06 mi46, Grove Farm Crescent, Leeds, West Yorkshire LS16 6BY3
£185K04/210.07 mi21, Tinshill Mount, Leeds, West Yorkshire LS16 7AY3
£200K09/210.07 mi15, Tinshill Mount, Leeds, West Yorkshire LS16 7AY3
£305K05/240.08 mi65, Grove Farm Crescent, Leeds, West Yorkshire LS16 6BZ3
£280K04/240.11 mi6, Haven Mount, Leeds, West Yorkshire LS16 6SR3
£283K11/230.11 mi5, Haven Mount, Leeds, West Yorkshire LS16 6SR3
£187.5K11/200.11 mi24, Bedford Gardens, Leeds, West Yorkshire LS16 6DH3
£282K01/240.13 mi3, Tinshill Crescent, Leeds, West Yorkshire LS16 7AS3
£315K05/210.13 mi2, Haven Chase, Leeds, West Yorkshire LS16 6SG3
£249.5K06/240.13 mi83, Haven Chase, Leeds, West Yorkshire LS16 6SG3
£267K08/230.15 mi132, Tinshill Mount, Leeds, West Yorkshire LS16 7AZ3
£252K08/230.15 mi138, Tinshill Mount, Leeds, West Yorkshire LS16 7AZ3
£290K01/240.17 mi10, Tinshill Avenue, Leeds, West Yorkshire LS16 7BD3
£320K01/210.17 mi395, Otley Old Road, Leeds, West Yorkshire LS16 6BX3
£240K08/240.17 mi20, Haven Gardens, Leeds, West Yorkshire LS16 6SN3
£272K10/230.17 mi7, Haven Gardens, Leeds, West Yorkshire LS16 6SN3
£300K02/210.18 mi1, Haven Court, Leeds, West Yorkshire LS16 6SH3
£255K03/240.19 mi9, Haven View, Leeds, West Yorkshire LS16 6SP3
£390K01/210.19 mi98, Hillcrest Rise, Leeds, West Yorkshire LS16 7DL3
£440K03/210.19 mi96, Hillcrest Rise, Leeds, West Yorkshire LS16 7DL3
£197.5K09/210.2 mi29, Bedford Drive, Leeds, West Yorkshire LS16 6DJ3
£375K09/230.21 mi37, Eaton Hill, Leeds, West Yorkshire LS16 6SE3
£220K04/230.25 mi7, Woodnook Drive, Leeds, West Yorkshire LS16 6DY3
£331K05/210.25 mi83, Tinshill Road, Leeds, West Yorkshire LS16 7DN3
£325K03/210.25 mi71, Tinshill Road, Leeds, West Yorkshire LS16 7DN3
£345K01/230.27 mi71, Tinshill Road, Leeds, West Yorkshire LS16 7DN3
£263K05/230.28 mi128, Tinshill Road, Leeds, West Yorkshire LS16 7PZ3
£277.5K06/230.28 mi124a, Tinshill Road, Leeds, West Yorkshire LS16 7PZ3
£246.5K07/210.28 mi128a, Tinshill Road, Leeds, West Yorkshire LS16 7PZ3
£232K04/210.28 mi126a, Tinshill Road, Leeds, West Yorkshire LS16 7PZ3
£428K04/230.29 mi108, Tinshill Road, Leeds, West Yorkshire LS16 7DW3
£320K09/230.29 mi88, Tinshill Road, Leeds, West Yorkshire LS16 7DW3
£277.5K10/230.31 mi1, Dale Park View, Leeds, West Yorkshire LS16 7PX3
£220.1K03/210.31 mi5, Silk Mill Drive, Leeds, West Yorkshire LS16 6DN3
£427.5K12/230.31 mi7, Barnswick View, Leeds, West Yorkshire LS16 7DP3
£230K04/210.32 mi53, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£295K11/230.32 mi61, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£230K02/210.32 mi4, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£258.5K07/210.32 mi67, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£245K11/200.32 mi38, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£227.5K03/210.32 mi15, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£230.3K06/210.32 mi36, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£290K01/240.32 mi1, Dale Park Avenue, Leeds, West Yorkshire LS16 7PU3
£325K05/240.32 mi4, Kirkwood Avenue, Leeds, West Yorkshire LS16 7JU3
£310K11/230.32 mi162, Tinshill Road, Leeds, West Yorkshire LS16 7PN3
£275K02/210.33 mi4, Shepcote Close, Leeds, West Yorkshire LS16 6SB3
£330K12/220.33 mi6, Shepcote Close, Leeds, West Yorkshire LS16 6SB3

Local Rents

19 rents from £850/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10005/240.07 miTinshill Mount, Leeds, West Yorkshire, LS163
£1,50003/250.11 mi-3
£1,45003/240.3 mi-3
£1,45005/240.3 miTinshill Lane, Leeds, LS163
£1,25009/230.31 mi-3
£1,29506/240.32 miTinshill Road, Cookridge, Leeds, West Yorkshire, LS163
£1,50005/240.35 miTinshill Road, Leeds, West Yorkshire, LS163
£1,20005/240.36 miDale Park Rise, Cookridge, Leeds3
£1,00005/240.38 miRaynel Way, Adel, Leeds3
£97505/240.41 miHoltdale Close, Leeds, West Yorkshire3
£1,20005/240.45 miTinshill Lane, Leeds, West Yorkshire, LS163
£1,45004/250.46 mi-3
£1,10005/240.48 miSilk Mill Bank, Leeds, West Yorkshire, LS163
£1,20002/250.49 mi-3
£1,00005/240.5 miRaynel Gardens, Adel, Leeds3
£1,08005/240.5 miHorsforth, Leeds, LS16 6PU #undefined3
£85005/240.5 miSilk Mill Road, Leeds, West Yorkshire, LS163
£1,20005/240.55 miWoodhill Crescent, Leeds, West Yorkshire, LS163
£1,10005/240.59 miIveson Rise, Ireland Wood, Leeds3

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

4.27 miles away

Nearest school

0.30 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £250,000

March 16, 2025

Listed for £270,000

January 17, 2025

Floor Plans

Description

  • EXCELLENT FIRST TIME BUYER OPPORTUNITY +
  • GREAT FAMILY HOME +
  • SEMI-DETACHED PROPERTY +
  • THREE BEDROOMS +
  • OPEN PLAN KITCHEN DINING ROOM +
  • GARDENS TO THE FRONT AND REAR +
  • DRIVEWAY +
  • GREAT POTENTIAL +
  • NO CHAIN +

EXCELLENT FIRST TIME BUYER OPPORTUNITY – GREAT FAMILY HOME – SEMI-DETACHED PROPERTY – THREE BEDROOMS – OPEN PLAN KITCHEN DINING ROOM – GARDENS TO THE FRONT AND REAR – DRIVEWAY – GREAT POTENTIAL – NO CHAIN

In need of some modernisation but with bags of potential, this three bedroom semi-detached house makes a terrific family home. Located in Cookridge, the property is located close to schools, restaurants, bars, shops, parks and transport links to name just some of the great amenities in the area. There are gardens to the front and rear as well as a driveway externally. Internally, it briefly comprises; entrance hall, lounge, kitchen dining room and store room on the ground floor. On the first floor there are three bedrooms, landing and the house bathroom. Energy Rating - E

EXCELLENT FIRST TIME BUYER OPPORTUNITY – GREAT FAMILY HOME – SEMI-DETACHED PROPERTY – THREE BEDROOMS – OPEN PLAN KITCHEN DINING ROOM – GARDENS TO THE FRONT AND REAR – DRIVEWAY – GREAT POTENTIAL – NO CHAIN

Entrance Hall - 3.96m (max) - 2.13m (max) (13'0" (max) - 7'0" (max - Radiator and stairs to the upper level.

Lounge - 4.72m (max) - 3.35m (max) (15'6" (max) - 11'0" (ma - Radiator, gas fire with surround and bay window.

Kitchen Dining Room - 5.49m (max) - 2.59m (max) (18'0" (max) - 8'6" (max - Gas hob with extractor over, fan oven, stainless steel sink with drainer, radiator, sliding doors to the rear garden and a range of wall and base units,.

Store Room - 0.99m (max0.00m - 0.91m (max) (3'3" (max0 - 3'0" ( - Housing the boiler.

Landing - 2.39m (max) - 1.83m (max) (7'10" (max) - 6'0" (max - Stairs to the lower level and store room.

Master Bedroom - 4.27m (max) - 3.35m (max) (14'0" (max) - 11'0" (ma - Radiator and ay window.

Bedroom Two - 3.35m (max) - 3.20m (max) (11'0" (max) - 10'6" (ma - Radiator.

Bedroom Three - 2.59m (max) - 2.13m (max) (8'6" (max) - 7'0" (max) - Radiator.

Bathroom - 2.13m (max) - 1.83m (max) (7'0" (max) - 6'0" (max) - Tiled walls, radiator, panel bath with shower over, wash hand basin and w/c.

Front Garden - Grassed lawns, bushes, plants, shrubs, flower beds, gated pathway down the side and to the front door,

Driveway - Accessible via the back and with hard standing for at least one vehicle.

Rear Garden - Patios, grassed lawns, trees, plants, bushes, shrubs and flower beds.

Agent Details

Hunters, Roundhay

0113 519 4462

Next Steps?

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