2 Bed Flat, Single Let, Leeds, LS8 4EU, £95,000

Harehills Avenue, Leeds, LS8 4EU - 3 months ago

Leasehold
Auction
BTL
ROI: 13%
~58 m²
+10 photos

ValuationUndervalued

Sold Prices£80K - £321K
Sold Prices/m²£1.1K/m² - £8.7K/m²

 

 

Square Metres

~58.20 m²
Price/m²£1.6K/m²

Value Estimate

£115,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£695 - £1,980

Rent Estimate

£788

Running Costs/mo

£474

Cashflow/mo

£314

Cashflow/yr

£3,762

ROI

13%

Gross Yield

10%

Local Sold Prices

41 sold prices from £80K to £321K, average is £150K. £1.1K/m² to £8.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£135K03/230.25 mi8, Mount Pleasant Gardens, Leeds, West Yorkshire LS8 4EH2
£140.3K03/230.33 mi53, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£130.5K09/210.33 mi30, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£125K12/200.33 mi12, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£107.5K10/230.33 mi37, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£138.5K04/240.33 mi13, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£115.5K04/210.33 mi19, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£140K09/210.33 mi38, Newton Park Court, Leeds, West Yorkshire LS7 4RD2
£105K03/210.35 miFlat 6, Well House Court, Well House Road, Leeds, West Yorkshire LS8 4BS2
£165.5K04/210.41 mi2, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£170.1K02/210.41 mi6, Woodland Court, Leeds, West Yorkshire LS8 4DE2
£115K01/230.47 mi4, Conway Mount, Leeds, West Yorkshire LS8 5HZ2
£200K12/200.48 mi20, Teale Court, Leeds, West Yorkshire LS7 4AY2
£100K08/210.51 mi4, King Edwins Court, Leeds, West Yorkshire LS8 4DA2
£188K09/210.51 mi59, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£190.1K03/210.51 mi50, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£205K03/230.51 mi32, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£195K01/210.51 mi34, Charnley Drive, Leeds, West Yorkshire LS7 4ST2
£210K02/230.52 mi6, Teale Drive, Leeds, West Yorkshire LS7 4SW2
£190K03/210.55 mi1, Oldfield Court, Leeds, West Yorkshire LS7 4SZ2
£321K01/230.66 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£180K06/230.71 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£171K10/230.73 mi20, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£137.9K01/210.73 mi9, Gledhow Wood Close, Leeds, West Yorkshire LS8 1PN2
£132.5K11/230.79 mi12, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£130K08/230.79 mi20, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£129K02/210.79 mi2, Gledhow Court, Leeds, West Yorkshire LS7 4NL2
£175K11/200.82 miFirst And Second Floor Apartment, 454a, Roundhay Road, Leeds, West Yorkshire LS8 2HU2
£140K09/210.87 mi46, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£150.5K02/210.87 mi10, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£155K12/200.87 mi6, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£153K03/230.87 mi66, Hillside Court, Leeds, West Yorkshire LS7 4NJ2
£137.5K10/210.9 mi18, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£160K08/240.9 mi21, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£150K01/240.9 mi11, Montagu Court, Leeds, West Yorkshire LS8 2TT2
£80K12/220.9 mi23, Shakespeare Grange, Leeds, West Yorkshire LS9 7UA2
£190K09/220.93 miFlat 6, The Coach House Chapel Allerton Hall, King George Avenue, Chapel Allerton, Leeds, West Yorkshire LS7 4NP2
£210K05/230.94 miFlat 3, Ivy Court, Church Lane, Chapel Allerton, Leeds, West Yorkshire LS7 4LY2
£175.5K10/220.96 mi11, Bedford Court, Leeds, West Yorkshire LS8 2PL2
£80K06/230.99 mi64, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2
£130K09/231 mi4, Oaklands Grove, Gipton, Leeds, West Yorkshire LS8 3TD2

Local Rents

50 rents from £695/mo to £2K/mo, average is £888/mo.

RentDateDistanceAddressBeds 
£79506/240.06 miMarkham Avenue, Leeds, LS82
£85003/240.12 miHarehills Lane, Leeds, West Yorkshire, LS82
£1,25005/240.15 miHarehills Lane, LEEDS2
£90005/240.15 miHares Terrace, Leeds, West Yorkshire, LS82
£85005/240.16 miLambton Grove, Leeds, LS82
£80006/240.18 miHarehills Avenue, Leeds, LS82
£77505/240.19 miRoundhay Place, Leeds, West Yorkshire, UK, LS82
£80002/240.19 mi-2
£87502/250.24 mi-2
£85005/240.26 miNewton Park Court, Leeds, West Yorkshire, UK, LS72
£90005/240.27 miLascelles Road West, Leeds, West Yorkshire, LS82
£87505/240.28 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.28 miLascelles Road, Leeds, West Yorkshire, LS82
£90006/240.28 miBanstead Street West, Leeds, West Yorkshire, LS82
£79512/240.28 mi-2
£79505/240.29 mi-2
£85004/250.33 mi-2
£85005/240.33 mi-2
£85005/240.33 miNewton Park Court, Leeds, LS72
£85002/240.34 mi-2
£69505/240.35 miWell House Court, Well House Road, Leeds, LS82
£85005/240.36 mi-2
£1,12505/240.36 miHarehills Lane, Leeds, West Yorkshire, LS72
£77503/240.37 mi109 Gathorne Terrace, Leeds, West Yorkshire, LS85EZ2
£80005/240.37 miGathorne Terrace, Leeds, West Yorkshire, LS72
£77505/240.37 miFlat 2 Gathorne Terrace2
£1,10006/240.39 miNewton Road, Leeds, West Yorkshire, LS72
£1,07504/250.42 mi-2
£85001/250.42 mi-2
£1,10005/240.42 miMansion View, Chapel Allerton, LS72
£90004/250.42 miChestnut Court, Harehills Lane, Leeds2
£1,95012/240.43 mi-2
£1,98002/250.43 mi-2
£1,98004/250.43 mi-2
£1,12006/240.43 mi-2
£1,31601/250.43 mi-2
£90002/250.43 mi-2
£1,25005/240.45 miRoxholme Grove, Chapel Allerton, Leeds, LS72
£95005/240.46 miV2 Mansions, Chapeltown Road2
£98005/240.46 miV2 Mansions , Chapeltown Road2
£1,00005/240.46 miChapeltown Road, LEEDS2
£99502/250.48 mi-2
£85005/240.49 miConway Grove, Leeds, West Yorkshire, LS82
£1,05002/250.49 mi-2
£92505/240.49 mi-2
£79505/240.5 miBayswater Mount, Leeds, West Yorkshire, LS82
£94001/250.51 mi-2
£1,15006/240.51 miCharnley Drive, Chapel Allerton, Leeds, LS72
£95004/250.51 mi-2
£80005/240.52 miConway View, Harehills, Leeds, West Yorkshire, LS82

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

1.85 miles away

Nearest school

0.20 miles away

Nearest train station

2.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £95,000

March 16, 2025

Listed for £120,000

January 27, 2025

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buy-It-Now Option Available +
  • Buyer’S Fees Apply +
  • Ideal First Home +
  • Close To Local Amenities +
  • Well Presented +
  • Driveway Parking +
  • Close To Chapel Allerton, Harehills And Oakwood +
  • Great Investment Property +

The Property
Nestled in the vibrant area of Chapeltown, this 2-bedroom first-floor flat on Harehills Avenue is perfect for first-time buyers or investors.

Accessed via a shared entrance, the property offers a bright and spacious lounge featuring a bay window that floods the space with natural light. The kitchen is well-appointed with a range of wall and base units, as well as a built-in oven and hob.

The flat comprises two bedrooms, one of which is a generously sized double with built-in storage units. The bathroom is of a good size, completing the interior.

Additional features include parking at the front of the property, adding convenience for residents. With its desirable location and functional layout, this flat presents an excellent opportunity for comfortable living or a valuable investment.

Lease info: 125 years from 12 November 2007

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 11/11/2132

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Leeds

0113 519 9101

Next Steps?

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