4 Bed Terraced House, Refurb/BRRR, Leeds, LS7 3EA, £190,000

Mexborough Grove, Leeds, LS7 3EA - 3 months ago

Refurb/BRRR
ROI: 3%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£42.2K - £670K
Sold Prices/m²£338/m² - £4.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.5K/m²

Value Estimate

£195,700
BMV3%

 

 

End Value (After Refurb)

£275,060

Uplift in Value

+45%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Refurb Costs

£51,147

Bridging Loan Interest

£4,988

Total Cash In

£117,384

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£275,060

Agent Fees (1%)

£2,751

Bridging Loan

£142,500

Bridging Loan Interest

£4,988

Flip Profit

£12,425

Local Sold Prices

50 sold prices from £42.2K to £670K, average is £280K. £338/m² to £4.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£170K01/210.06 mi55, Mexborough Street, Leeds, West Yorkshire LS7 3EH4
£215K07/240.06 mi55, Mexborough Street, Leeds, West Yorkshire LS7 3EH4
£139K01/210.11 mi40, Reginald Mount, Leeds, West Yorkshire LS7 3HN4
£166K04/230.11 mi26, Reginald Mount, Leeds, West Yorkshire LS7 3HN4
£200K01/210.18 mi4, Sholebroke View, Leeds, West Yorkshire LS7 3HQ4
£226.5K02/230.27 mi56, Grange View, Leeds, West Yorkshire LS7 4ER4
£275K03/240.32 mi5, Hamilton View, Leeds, West Yorkshire LS7 4ES4
£221K10/230.39 mi20, Hillcrest View, Leeds, West Yorkshire LS7 4EB4
£130K03/210.43 mi90, Spencer Place, Leeds, West Yorkshire LS7 4DT4
£435K02/240.44 mi23, St Martins Grove, Leeds, West Yorkshire LS7 3LJ4
£204K11/210.45 mi18, St Martins Road, Leeds, West Yorkshire LS7 3LX4
£235K03/230.46 mi117, Spencer Place, Leeds, West Yorkshire LS7 4DU4
£145K10/230.48 mi3, Rossington Place, Leeds, West Yorkshire LS8 5AZ4
£175K01/230.48 mi124, Louis Street, Leeds, West Yorkshire LS7 4BP4
£151K12/200.5 mi66, Pasture Road, Leeds, West Yorkshire LS8 4LW4
£42.2K04/240.52 mi71, Gathorne Terrace, Leeds, West Yorkshire LS8 5EZ4
£297K11/200.53 mi3, Teale Court, Leeds, West Yorkshire LS7 4AY4
£140K11/200.54 mi45, Markham Avenue, Leeds, West Yorkshire LS8 4LE4
£405K10/230.54 mi10, Avenue Hill, Leeds, West Yorkshire LS8 4EY4
£422.5K05/230.55 mi115, Potternewton Lane, Leeds, West Yorkshire LS7 3LW4
£305K03/210.55 mi97, Potternewton Lane, Leeds, West Yorkshire LS7 3LW4
£491K11/200.55 mi80, Potternewton Lane, Leeds, West Yorkshire LS7 3LW4
£155K12/200.56 mi12, Markham Avenue, Leeds, West Yorkshire LS8 4LD4
£168K05/210.57 mi35, Shepherds Lane, Leeds, West Yorkshire LS8 5AW4
£320K02/210.57 mi93, Harehills Lane, Leeds, West Yorkshire LS7 4HA4
£310K01/230.6 mi56, Avenue Hill, Leeds, West Yorkshire LS8 4EZ4
£175K03/230.61 mi3, Alcester Place, Leeds, West Yorkshire LS8 4JZ4
£396K12/230.61 mi19, Mansion Gate Square, Leeds, West Yorkshire LS7 4RX4
£132K10/210.62 mi3, Hill Top Avenue, Leeds, West Yorkshire LS8 4JY4
£365K02/230.62 mi35, Hilton Road, Leeds, West Yorkshire LS8 4HA4
£270K02/240.62 mi165, Roundhay Road, Leeds, West Yorkshire LS8 5AN4
£197K10/200.62 mi156, Roundhay Road, Leeds, West Yorkshire LS8 5LJ4
£260K04/230.63 mi30, Methley Terrace, Leeds, West Yorkshire LS7 3NL4
£300K01/230.63 mi8, Harrogate Road, Leeds, West Yorkshire LS7 4LA4
£495K10/230.64 mi24, Roxholme Place, Leeds, West Yorkshire LS7 4JQ4
£362.5K11/220.65 mi10, Roxholme Place, Leeds, West Yorkshire LS7 4JQ4
£341K10/200.66 mi40, Methley Place, Leeds, West Yorkshire LS7 3NN4
£315K01/240.66 mi60, Methley Place, Leeds, West Yorkshire LS7 3NN4
£308K09/210.67 mi2, Roundhay Place, Leeds, West Yorkshire LS8 4DY4
£350K04/210.67 mi32, Methley Terrace, Leeds, West Yorkshire LS7 3PB4
£360K12/200.67 mi15, Methley Drive, Leeds, West Yorkshire LS7 3NE4
£385K03/230.67 mi15, Methley Drive, Leeds, West Yorkshire LS7 3NE4
£270K12/200.69 mi18, Roundhay View, Leeds, West Yorkshire LS8 4DX4
£322K07/230.69 mi25, Roundhay View, Leeds, West Yorkshire LS8 4DX4
£315.6K10/200.69 mi16, Methley Grove, Leeds, West Yorkshire LS7 3PA4
£285K01/210.69 mi18, Methley Grove, Leeds, West Yorkshire LS7 3PA4
£122.5K02/240.69 mi54, Hill Top Mount, Leeds, West Yorkshire LS8 4EW4
£295K08/230.69 mi32, Harehills Lane, Leeds, West Yorkshire LS8 4HF4
£310K06/210.7 mi170, Harehills Avenue, Leeds, West Yorkshire LS8 4ET4
£670K12/210.71 mi14, Montreal Avenue, Leeds, West Yorkshire LS7 4LF4

Local Rents

36 rents from £602/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£82505/240.03 miMexborough Grove, Leeds 73
£1,35003/250.12 mi-3
£1,10005/240.17 miMexborough Drive, Leeds, West Yorkshire, LS74
£1,55003/250.18 mi-5
£3,00002/250.27 mi-3
£3,00002/250.27 mi-3
£60206/240.27 miHamilton Avenue, Chapeltown, LS7 3
£65406/240.27 miHamilton Avenue, Chapeltown, LS7 3
£1,10005/240.32 miSt. Martins Gardens, LEEDS3
£1,50005/240.32 miSt. Martins Gardens, Leeds, West Yorkshire, LS73
£1,45005/240.34 mi-3
£1,45005/240.34 miNewton Park Drive, Leeds, LS73
£1,25002/250.36 mi-4
£1,20004/250.38 mi-3
£1,25005/240.42 miSt. Martins Grove, Leeds, West Yorkshire, UK, LS73
£1,25005/240.45 miHollybank Apartments, Chapel Allerton, Leeds3
£99504/250.48 mi-3
£1,15005/240.49 miScott Hall Road, Leeds, LS73
£1,15005/240.49 mi-3
£1,25005/240.51 mi16 Harehills Lane, Chapel Allerton, Leeds3
£1,30005/240.51 miRiviera Gardens, Chapel Allerton, Leeds, LS73
£1,47305/240.51 miOatland Close, University, Leeds4
£1,40004/250.51 mi-4
£1,55005/240.52 miGathorne Terrace, Leeds, West Yorkshire, LS85
£1,45005/240.52 miGathorne Terrace, Leeds, West Yorkshire, LS85
£3,30001/250.55 mi-4
£1,39105/240.55 miCross Speedwell Street, Leeds, LS63
£1,30005/240.56 miPotternewton Lane, Leeds4
£1,10002/250.58 mi-3
£2,34005/240.58 miMelville Place, Woodhouse, Leeds4
£1,65005/240.59 miCharnley Drive, Chapel Allerton, Leeds, LS73
£1,25005/240.61 miRoxholme Grove Leeds LS7 4JJ3
£1,25006/240.61 miRoxholme Grove Leeds LS7 4JJ3
£1,40001/250.62 mi-3
£1,25005/240.62 miRoxholme Place, Chapel Allerton, Leeds, West Yorkshire, LS73
£1,20001/250.62 mi-3

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.34 miles away

Nearest school

0.30 miles away

Nearest train station

1.64 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 £190,000

February 28, 2025

Listed for £200,000

January 20, 2025

Floor Plans

Description

  • 4 Bedroom +
  • 3 well sized bedrooms +
  • Kitchen diner +
  • Arranged across 3 floors +

SUMMARY
Presenting to the market a four bedroom through terrace. Arranged across three floors with one living room and a kitchen diner to the ground floor and 4 bedrooms and 1 bathroom arranged across the second and third floor.

DESCRIPTION
William H Brown are delighted to welcome to the market this four bed through terrace arranged over three floors. The property is extremely spacious allowing for comfortable living. The property would benefit from modernisation however it is also in condition to move into straightaway. With a small yard area to the back of the property this is a great space for a family home.

Outside  
To the front of the front of the property is a front garden. This space will require low maintence with a lawn taking up the majority of the space with a concrete path to one side leading down to the front of the house.

Lounge  14' 5" Max x 11' 6" Max ( 4.39m Max x 3.51m Max )
This living room space is generously spaced allowing ample room for a furniture. The living room is carpeted throughout out. In addition this room houses a well sized radiator and double glazed windows.

Kitchen/Dinning Room 14' 9" Max x 15' 4" Max ( 4.50m Max x 4.67m Max )
Kitchen / dinning space is generously sized with ample storage space provided by the kitchen base units. There is also ample storage space for appliances. The space would benefit front modernisation.

First Floor  
To the first floor you will find bedrooms 2, 3 and 4. In addition you will find the bathroom for the property.

Bedroom 2 14' 4" Max x 9' 3" Max ( 4.37m Max x 2.82m Max )
Bedroom two is a well sized allowing for more than enough room for a double bed and additional furniture. There is a fire place which has been closed off, this is a lovely feature to the bedroom.

Bedroom 3 12' 8" Max x 7' 9" Max ( 3.86m Max x 2.36m Max )
Bedroom 3 is another well sized bedroom with enough room for a double bed and some smaller furniture. This room also benefits from a well sized radiator. Floor is carpeted.

Bedroom 4 8' 1" Max x 5' 7" Max ( 2.46m Max x 1.70m Max )
Bedroom four is the smaller room of the four however there is ample room for a single bed and some small furniture.

Bathroom 
The bathroom is very well spaced. It benefits from an over bath shower. With two windows in the bathroom there is plenty of natural lighting available throughout the day.

Second Floor  

Bedroom 1 16' 6" Max x 12' 5" Max ( 5.03m Max x 3.78m Max )
Bedroom four is located on the second floor. Ample room for a double bed and other furniture such as draws and wardrobes. This room benefits from a velux window and plenty of natural lighting. This is the largest bedroom within the property.

Back Garden 
Back garden is spaced out well with fence all around the garden. The space is easily maintained as ground is stone paving.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Moortown

0113 519 0657

Next Steps?

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