3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS11 8UQ, £190,000

45 CROSS HEATH GROVE, LEEDS, WEST YORKSHIRE LS11 8UQ - 4 views - 3 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£85K - £303K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£169,091

 

 

End Value (After Refurb)

£195,073

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£37,139

Bridging Loan Interest

£4,988

Total Cash In

£98,277

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£195,073

Mortgage (After Refinance)

£146,305

Mortgage LTV

75%

Cash Released

£3,805

Cash Left In

£94,472

Equity

£48,768

Rent Range

£750 - £1,495

Rent Estimate

£1,015

Running Costs/mo

£833

Cashflow/mo

£182

Cashflow/yr

£2,189

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £85K to £303K, average is £162K. £1.3K/m² to £2.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£110.1K04/210.01 mi43, Cross Heath Grove, Leeds, West Yorkshire LS11 8UQ3
£159.9K07/210.01 mi22, Cross Heath Grove, Leeds, West Yorkshire LS11 8UQ3
£180K03/230.01 mi3, Cross Heath Grove, Leeds, West Yorkshire LS11 8UQ3
£155K06/210.07 mi11, Heath Grove, Leeds, West Yorkshire LS11 8UJ3
£235K06/230.07 mi21, Heath Grove, Leeds, West Yorkshire LS11 8UJ3
£190K03/240.07 mi20, Heath Grove, Leeds, West Yorkshire LS11 8UJ3
£235K09/230.07 mi18, Heath Rise, Leeds, West Yorkshire LS11 8UH3
£150K02/210.08 mi23, Heath Place, Leeds, West Yorkshire LS11 8UL3
£190K05/240.08 mi12, Heath Place, Leeds, West Yorkshire LS11 8UL3
£162K12/200.09 mi16, Heath Crescent, Leeds, West Yorkshire LS11 8UN3
£181K06/210.09 mi3, Heath Crescent, Leeds, West Yorkshire LS11 8UN3
£120K10/210.12 mi32, Wesley Garth, Leeds, West Yorkshire LS11 8RF3
£140K04/240.13 mi6, Wesley Garth, Leeds, West Yorkshire LS11 8RF3
£126K02/210.14 mi7, Wesley Green, Leeds, West Yorkshire LS11 8RE3
£184K07/230.15 mi2, Oldroyd Crescent, Leeds, West Yorkshire LS11 8AR3
£175K07/240.15 mi21, Oldroyd Crescent, Leeds, West Yorkshire LS11 8AR3
£133K12/200.15 mi23, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£118K11/200.15 mi49, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£120K10/200.15 mi35, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£149K03/210.15 mi89, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£165K08/230.15 mi33, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£125K02/210.17 mi14, Heathcroft Drive, Leeds, West Yorkshire LS11 8UD3
£155K11/230.17 mi53, Heathcroft Drive, Leeds, West Yorkshire LS11 8UD3
£132.5K11/230.17 mi55, Heathcroft Drive, Leeds, West Yorkshire LS11 8UD3
£190K10/220.17 mi87, Wesley Street, Leeds, West Yorkshire LS11 8RB3
£130K12/200.18 mi60, Wesley Street, Leeds, West Yorkshire LS11 8RA3
£185K10/210.18 mi70, Wesley Street, Leeds, West Yorkshire LS11 8RA3
£145K09/230.18 mi102, Wesley Street, Leeds, West Yorkshire LS11 8RA3
£85K04/210.19 mi38, Town Street, Beeston, Leeds, West Yorkshire LS11 8PN3
£114K02/210.2 mi3, Sunnyview Avenue, Leeds, West Yorkshire LS11 8QY3
£114K02/210.2 mi3, Sunnyview Avenue, Leeds, West Yorkshire LS11 8QY3
£205K11/230.2 mi19, Sunnyview Avenue, Leeds, West Yorkshire LS11 8QY3
£187.5K01/230.21 mi26, Sunnyview Avenue, Leeds, West Yorkshire LS11 8QY3
£170K01/230.22 mi3, Wesley Court, Leeds, West Yorkshire LS11 8RD3
£140K12/200.22 mi49, Wesley Croft, Leeds, West Yorkshire LS11 8RW3
£186.5K12/230.24 mi4, Sunnyview Terrace, Leeds, West Yorkshire LS11 8QX3
£184K08/230.24 mi16, Sunnyview Gardens, Leeds, West Yorkshire LS11 8QU3
£210K10/230.24 mi37, Sunnyview Gardens, Leeds, West Yorkshire LS11 8QU3
£187.5K02/230.24 mi14, Sunnyview Gardens, Leeds, West Yorkshire LS11 8QU3
£135K12/200.26 mi11, Beeston Park Garth, Leeds, West Yorkshire LS11 8DR3
£175K06/210.27 mi2, Tudor Gardens, Leeds, West Yorkshire LS11 8DW3
£303K06/220.28 mi137, Town Street, Beeston, Leeds, West Yorkshire LS11 8DL3
£175K06/210.28 mi2, Tudor Gardens, Leeds, West Yorkshire LS11 8DW3
£166K06/230.28 mi15, Crow Nest Mews, Leeds, West Yorkshire LS11 8JQ3
£168K07/230.28 mi18, Crow Nest Mews, Leeds, West Yorkshire LS11 8JQ3
£168K07/230.28 mi18, Crow Nest Mews, Leeds, West Yorkshire LS11 8JQ3
£172.3K01/240.34 mi30, Durban Crescent, Leeds, West Yorkshire LS11 8AD3
£135K06/210.36 mi22, Cross Flatts Place, Beeston, Leeds, West Yorkshire LS11 7JN3
£145K02/230.36 mi68, Cross Flatts Place, Beeston, Leeds, West Yorkshire LS11 7JN3
£136.5K08/230.36 mi59, Cross Flatts Place, Beeston, Leeds, West Yorkshire LS11 7JN3
£152.5K04/210.37 mi22, Cross Flatts Row, Beeston, Leeds, West Yorkshire LS11 7JR3

Local Rents

32 rents from £750/mo to £1.5K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£1,10006/240.1 miCross Heath Grove, Leeds, West Yorkshire, LS113
£90006/240.12 miOldroyd Crescent, Beeston, Leeds, LS113
£1,19509/230.13 mi-3
£1,49509/230.13 mi-3
£1,29508/240.13 mi-3
£1,09505/240.13 miWesley Garth, Leeds, West Yorkshire, LS113
£1,15012/240.16 mi-3
£99505/240.16 miWesley Street, Leeds, West Yorkshire, LS113
£95005/240.38 miCross Flatts Row, Beeston, Leeds3
£95003/250.39 mi-3
£95004/250.39 mi-3
£1,05008/240.4 mi-3
£1,14005/240.41 miFlat 2, 12 Noster Hill, Leeds, LS11 8QE3
£75012/240.42 mi-3
£99504/250.42 mi-3
£95004/250.44 mi-3
£81905/240.45 mi16 Parkfield Grove3
£80005/240.47 mi-3
£80005/240.47 miParkfield Mount, Leeds, LS113
£99505/240.48 mi-3
£95012/240.48 mi-3
£99506/240.48 miCross Flatts Street, Leeds, West Yorkshire3
£85011/230.48 mi-3
£1,20005/240.48 miCottingley Drive, LS113
£95005/240.49 mi-3
£1,35012/240.5 mi-3
£87510/230.56 mi-3
£95005/240.57 mi-3
£90005/240.58 mi-3
£85005/240.59 miCad Beeston Mews, Leeds, West Yorkshire, LS11 8AF3
£99505/240.6 mi-3
£1,02505/240.6 miFirth Avenue, Leeds, LS113

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

1.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £190,000

January 25, 2025

Floor Plans

Description

  • Virtual Tour Available +
  • Ideal Modernisation Project +
  • 3 Well proportioned Bedrooms +
  • Large Rear Garden +
  • Detached Garage with Driveway +
  • Nearby access to Commuter links +
  • Close to local amenities +

DPSH PROUDLY PRESENTS THIS THREE-BEDROOM SEMI-DETACHED HOME IN LS11 WITH A LARGE REAR GARDEN, DETACHED GARAGE, AND DRIVEWAY. THIS PROPERTY OFFERS A FANTASTIC OPPORTUNITY FOR THOSE LOOKING TO CREATE THEIR DREAM HOME. CHECK OUT THE FLOOR PLANS AND VIRTUAL TOUR, THEN BOOK YOUR VIEWING TODAY!

Ground Floor
The entrance opens into a welcoming hallway, providing access to the ground floor accommodation. To the right, the lounge is generously sized and features a large front-facing window that floods the space with natural light. This room offers plenty of potential for creating a warm and inviting living space.

To the rear, the kitchen diner spans the full width of the property, offering a versatile space with dual-aspect windows overlooking the side and rear garden. A door from the kitchen provides convenient access to the rear garden, making this area ideal for family meals or entertaining. Additionally, the kitchen includes a built-in storage cupboard, perfect for pantry or utility use.

First Floor
The first floor comprises three bedrooms and a shower room, accessed via a central landing. The master bedroom, located at the rear, is a spacious double with a large window overlooking the garden.

The second bedroom is another generous double with a front-facing window, offering ample natural light. The third bedroom is a single room, also front-facing, which could be used as a child's room, home office, or dressing room.
The shower room features a three-piece suite and a side-facing frosted window, offering privacy and practicality.

Outside
The property boasts a large rear garden, ideal for landscaping or outdoor entertaining, with ample scope to create a fantastic family-friendly outdoor space. The detached garage, located to the side, offers additional storage or parking options, while the driveway provides off-road parking for multiple vehicles.

Explore More
This property requires modernisation throughout, presenting a perfect opportunity to add your own style and create a home tailored to your needs. Situated in a convenient location, close to local amenities, schools, and transport links, it's ideal for families, first-time buyers, or investors.

Don't miss out-view the floor plans and take the virtual tour to see the potential of this fantastic property, then book your viewing today!

Council Tax Band: B
Tenure: Freehold

Agent Details

DPSH, Morley

0113 519 4659

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.