3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS7 2EQ, £230,000

Miles Hill Street, Leeds, LS7 2EQ - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~81 m²
+7 photos

ValuationFair Value

Sold Prices£168K - £420K
Sold Prices/m²£2.1K/m² - £4.9K/m²

 

 

Square Metres

~81.38 m²
Price/m²£2.8K/m²

Value Estimate

£230,000

 

 

End Value (After Refurb)

£262,477

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Refurb Costs

£32,202

Bridging Loan Interest

£6,038

Total Cash In

£112,289

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£262,477

Mortgage (After Refinance)

£196,858

Mortgage LTV

75%

Cash Released

£24,358

Cash Left In

£87,932

Equity

£65,619

Rent Range

£895 - £1,550

Rent Estimate

£1,253

Running Costs/mo

£1,091

Cashflow/mo

£162

Cashflow/yr

£1,946

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £168K to £420K, average is £261.1K. £2.1K/m² to £4.9K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£185K11/220.04 mi523, Scott Hall Road, Leeds, West Yorkshire LS7 2EF3
£205K06/210.05 mi1, Miles Hill Avenue, Leeds, West Yorkshire LS7 2EL3
£258K06/240.05 mi3, Miles Hill Avenue, Leeds, West Yorkshire LS7 2EL3
£240K01/230.05 mi27, Miles Hill Avenue, Leeds, West Yorkshire LS7 2EL3
£250K04/240.07 mi138, Potternewton Lane, Leeds, West Yorkshire LS7 2EG3
£280K05/240.07 mi11, Miles Hill View, Leeds, West Yorkshire LS7 2EH3
£230K08/210.07 mi21, Miles Hill View, Leeds, West Yorkshire LS7 2EH3
£220K10/200.08 mi28, Miles Hill View, Leeds, West Yorkshire LS7 2EJ3
£280K06/240.08 mi38, Miles Hill View, Leeds, West Yorkshire LS7 2EJ3
£230.7K11/230.08 mi11, Miles Hill Grove, Leeds, West Yorkshire LS7 2EW3
£208K08/210.08 mi15, Miles Hill Grove, Leeds, West Yorkshire LS7 2EW3
£218K11/220.09 mi27, Miles Hill Grove, Leeds, West Yorkshire LS7 2EW3
£235K12/220.09 mi44, Miles Hill View, Leeds, West Yorkshire LS7 2EJ3
£262.2K07/230.11 mi18, Potternewton Avenue, Leeds, West Yorkshire LS7 2DT3
£260K03/240.11 mi31, Miles Hill Crescent, Leeds, West Yorkshire LS7 2EU3
£200K11/200.11 mi17, Miles Hill Crescent, Leeds, West Yorkshire LS7 2EU3
£315K08/240.12 mi8, Scott Hall Crescent, Leeds, West Yorkshire LS7 3RB3
£322K09/230.12 mi5, Scott Hall Crescent, Leeds, West Yorkshire LS7 3RB3
£222K06/210.12 mi10, Potternewton View, Leeds, West Yorkshire LS7 2DW3
£213.5K05/210.13 mi8, Miles Hill Crescent, Leeds, West Yorkshire LS7 2ET3
£192K03/210.13 mi16, Miles Hill Crescent, Leeds, West Yorkshire LS7 2ET3
£250K01/230.13 mi16, Miles Hill Crescent, Leeds, West Yorkshire LS7 2ET3
£230K02/210.14 mi541, Scott Hall Road, Leeds, West Yorkshire LS7 2EE3
£370K01/240.15 mi3, Stainbeck Walk, Leeds, West Yorkshire LS7 2ED3
£353.5K07/230.17 mi31, Floral Avenue, Leeds, West Yorkshire LS7 3DP3
£300K03/210.17 mi21, Floral Avenue, Leeds, West Yorkshire LS7 3DP3
£271.3K01/210.17 mi33, Floral Avenue, Leeds, West Yorkshire LS7 3DP3
£336K07/230.17 mi15, Floral Avenue, Leeds, West Yorkshire LS7 3DP3
£168K03/230.18 mi27, Miles Hill Terrace, Leeds, West Yorkshire LS7 2EZ3
£279.1K12/230.18 mi15, Miles Hill Terrace, Leeds, West Yorkshire LS7 2EZ3
£179K02/210.18 mi23, Miles Hill Terrace, Leeds, West Yorkshire LS7 2EZ3
£247.5K12/220.18 mi14, Miles Hill Terrace, Leeds, West Yorkshire LS7 2EZ3
£195K01/210.18 mi43, Miles Hill Terrace, Leeds, West Yorkshire LS7 2EZ3
£335K12/220.18 mi137, Stainbeck Lane, Leeds, West Yorkshire LS7 2EB3
£228K11/230.19 mi42, Miles Hill Road, Leeds, West Yorkshire LS7 2ES3
£269.9K05/240.19 mi68, Miles Hill Road, Leeds, West Yorkshire LS7 2ES3
£245K07/210.19 mi20, Miles Hill Road, Leeds, West Yorkshire LS7 2ES3
£367K11/220.2 mi36, Henconner Crescent, Leeds, West Yorkshire LS7 3NS3
£270K10/230.2 mi35, Henconner Crescent, Leeds, West Yorkshire LS7 3NS3
£312.5K07/240.2 mi27, Henconner Crescent, Leeds, West Yorkshire LS7 3NS3
£289K01/240.2 mi30, Henconner Crescent, Leeds, West Yorkshire LS7 3NS3
£369K01/210.21 mi120, Potternewton Lane, Leeds, West Yorkshire LS7 3DR3
£420K12/200.21 miRutland Cottage, Potternewton Lane, Leeds, West Yorkshire LS7 3DR3
£335K01/230.21 mi134, Stainbeck Lane, Leeds, West Yorkshire LS7 2EA3
£279.6K11/230.21 mi164, Stainbeck Lane, Leeds, West Yorkshire LS7 2EA3
£282.5K03/210.21 mi176, Stainbeck Lane, Leeds, West Yorkshire LS7 2EA3
£350K07/230.21 mi184, Stainbeck Lane, Leeds, West Yorkshire LS7 2EA3
£310K09/210.22 mi184, Stainbeck Lane, Leeds, West Yorkshire LS7 2EA3
£175K09/210.24 mi12, Beckhill Grove, Leeds, West Yorkshire LS7 2RX3
£350.3K12/230.24 mi8, Henconner Drive, Leeds, West Yorkshire LS7 3NR3

Local Rents

41 rents from £895/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10005/240.11 miMiles Hill Crescent, Leeds, West Yorkshire, LS73
£1,15005/240.13 miMiles Hill Crescent, Leeds, West Yorkshire, LS73
£1,35006/240.18 miPotternewton Mount, Leeds3
£1,45006/240.22 miBank View, Chapel Allerton, LS73
£1,15005/240.26 miPotternewton Crescent, Leeds, LS73
£1,23506/240.34 miNorth Grove, Stainbeck Lane, Chapel Allerton, LS7 3PJ3
£1,15005/240.35 mi-3
£1,15005/240.35 miScott Hall Road, Leeds, LS73
£1,35012/240.36 mi-3
£1,35005/240.36 miCarrholm Mount, Leeds, LS73
£1,35006/240.36 miCarrholm Mount, Leeds, LS73
£1,35005/240.36 miStainbeck Lane,Leeds,LS73
£99504/250.36 mi-3
£1,45005/240.37 mi-3
£1,39512/230.37 mi-3
£1,47505/240.41 miWensley Avenue, Leeds, West Yorkshire, UK, LS73
£1,30005/240.41 miRiviera Gardens, Chapel Allerton, Leeds, LS73
£89505/240.42 miUnion Terrace, Leeds, West Yorkshire, LS73
£1,20001/250.44 mi-3
£99505/240.44 miPelham Place, Chapel Allerton, Leeds, LS7 3QZ3
£1,33505/240.45 miThe Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire, LS73
£1,05005/240.46 miStonelea Court, Meanwood, Leeds, LS73
£1,35001/250.46 mi-3
£1,30005/240.49 miStainbeck Road, Chapel Allerton, Leeds, West Yorkshire.3
£1,05005/240.49 miMethley Place, Leeds3
£1,05006/240.49 miMethley Place, Leeds3
£1,20004/250.51 mi-3
£1,19505/240.51 miWood Lane, Chapel Allerton, Leeds3
£1,39505/240.52 miIvy House, Church Lane Chapel Allerton, Leeds3
£99512/240.53 mi-3
£1,55011/240.54 mi-3
£1,50005/240.54 miSt. Martins Gardens, Leeds, West Yorkshire, LS73
£1,10005/240.54 miSt. Martins Gardens, LEEDS3
£1,39505/240.55 mi-3
£1,39512/240.55 mi-3
£1,30006/240.56 miWoodside Avenue, Meanwood, Leeds, West Yorkshire.3
£1,55005/240.56 miStainbeck Road, Chapel Allerton, Leeds3
£1,25005/240.57 miVictoria Street, Leeds3
£1,25005/240.57 miSt. Martins Grove, Leeds, West Yorkshire, UK, LS73
£1,05005/240.58 miWharfedale View, Meanwood, Leeds3
£1,22205/240.62 miThe Vale, Meanwood, Leeds3

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.73 miles away

Nearest school

0.20 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £230,000

January 31, 2025

Floor Plans

Description

  • Three bedroom semi detached +
  • Two Reception Rooms +
  • Updating required +
  • Garden to the front +
  • Boasting a large rear garden +
  • Nestled between Chapel Allerton and Meanwood +
  • Popular residential location +
  • NO CHAIN +

Yopa bring to the market this spacious three bedroom semi detached home. Situated within a popular residential location nestled between Chapel Allerton and Meanwood and the many amenities they offer. In need of updating throughout. Boasting generous gardens to the front and rear. Offered with NO CHAIN, book your viewing to avoid disappointment. The property comprises; entrance hallway, two reception rooms, kitchen, rear hallway with a large store cupboard. To the first floor are two double bedrooms a good size single, bathroom and separate W.C. To the outside is a large lawned garden to the front and generous enclosed rear garden. Double glazing and central heating throughout.

Located in this popular area in Chapel Allerton, offering a vast array of amenities, shops, bars, restaurants and easy access into Leeds City Centre. Well regarded schools. Neighbouring Meanwood offers further amenities and Waitrose supermarket.

EPC band: C Council Tax band: A Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Midlands & Yorkshire

024 7542 9233

Next Steps?

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