2 Bed Flat, Single Let, Leeds, LS12 3DL, £99,950

211 Eyres Mill Side, Leeds, LS12 3DL - 1 views - 2 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£58K - £173K
Sold Prices/m²£982/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£121,939
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Total Cash In

£29,186

 

 

Cash Out

 

Rent Range

£495 - £3,575

Rent Estimate

£699

Running Costs/mo

£472

Cashflow/mo

£227

Cashflow/yr

£2,722

ROI

9%

Gross Yield

8%

Local Sold Prices

30 sold prices from £58K to £173K, average is £112.5K. £982/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£70K06/230.45 mi2, Privilege Street, Leeds, West Yorkshire LS12 4LN2
£65K04/230.47 mi14, Thornhill Place, Leeds, West Yorkshire LS12 4LQ2
£108K11/220.52 mi38, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£116.3K09/230.53 mi18, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£112K01/230.53 mi14, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£106.4K01/210.53 mi26, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£116K09/230.53 mi36, Saxstead Rise, Leeds, West Yorkshire LS12 4ND2
£83K11/200.58 mi10, Masham Grove, Leeds, West Yorkshire LS12 1QT2
£110K09/230.68 mi25, Blue Hill Lane, Leeds, West Yorkshire LS12 4WD2
£105K12/220.7 mi19, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£114K11/220.7 mi17, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£96.5K08/210.78 mi26, Tavistock Park, Leeds, West Yorkshire LS12 4DD2
£95K10/210.78 mi8, Tavistock Park, Leeds, West Yorkshire LS12 4DD2
£120K06/230.8 mi22, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£97.5K03/210.8 mi26, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£120K11/230.8 mi24, Tavistock Close, Leeds, West Yorkshire LS12 4DJ2
£173K07/240.85 mi55a, Cardigan Lane, Leeds, West Yorkshire LS4 2LE2
£60K09/220.87 mi17, Hardrow Road, Leeds, West Yorkshire LS12 4BX2
£169.9K06/220.89 mi26, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£167.5K04/230.89 mi37, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£155K01/210.89 mi14, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£145K03/210.89 mi35, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£160K06/220.89 mi8, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£116.8K03/220.9 mi6, Abbots Mews, Leeds, West Yorkshire LS4 2AB2
£127K08/220.9 mi14, Knowle Mount, Leeds, West Yorkshire LS4 2PP2
£125K07/220.91 mi30, The Village Street, Leeds, West Yorkshire LS4 2PR2
£95K08/220.91 mi32, The Village Street, Leeds, West Yorkshire LS4 2PR2
£113K02/240.92 mi28, Knowle Mount, Leeds, West Yorkshire LS4 2PP2
£90K10/210.94 mi19, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£58K03/230.94 mi16, Langton Green, Leeds, West Yorkshire LS12 4EJ2

Local Rents

50 rents from £495/mo to £3.6K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£95001/250.02 mi-2
£82505/240.03 miWinker Green, Stanningley Road2
£80002/250.05 mi-2
£65002/240.06 mi-2
£82505/240.06 miWinker Green Mills, Stanningley Road2
£85012/240.09 mi-2
£79502/250.09 mi-2
£87505/240.12 miPasture View, Leeds, West Yorkshire, LS122
£84504/250.12 mi-2
£84512/240.12 mi-2
£79505/240.13 miPasture View, Leeds, West Yorkshire2
£79505/240.21 miPaisley Grove, Leeds, West Yorkshire, LS122
£79506/240.21 miSalisbury Road, Leeds, LS122
£85002/250.22 mi-2
£84505/240.22 miChrist Church Avenue, Leeds, West Yorkshire, LS122
£95002/250.22 mi-2
£75001/240.24 mi-2
£69505/240.24 miChichester Street, Armley, Leeds2
£69505/240.24 miChichester Street, Armley, Leeds2
£85005/240.25 miHall Road, Leeds, West Yorkshire, LS122
£79505/240.25 miArmley Road, Flat 1, Leeds, West Yorkshire, LS122
£79505/240.25 miArmley Road, Leeds, West Yorkshire, LS122
£77502/250.25 mi-2
£1,80005/240.26 mi-2
£1,80012/240.26 mi-2
£1,80012/240.26 mi-2
£85003/240.27 miAthlone Grove, Leeds, West Yorkshire, LS122
£79505/240.27 miAthlone Grove, Leeds, West Yorkshire, LS122
£85005/240.27 miAthlone Grove, Leeds, West Yorkshire, LS122
£72505/240.27 miPaisley Place, Armley, Leeds, LS122
£90001/250.27 mi-2
£90001/250.27 mi-2
£85003/240.27 miPaisley Terrace, Leeds, West Yorkshire, LS122
£77501/240.27 mi-2
£89502/250.28 mi-2
£72503/240.28 miOban Place, Armley, Leeds, LS122
£75005/240.29 miLaurel Grove, Armley2
£89504/250.29 mi-2
£90012/240.29 mi-2
£65005/240.29 miAviary Place, Leeds2
£3,57505/240.3 miArmley Road, Leeds, West Yorkshire, LS122
£77506/240.3 miPaisley Street, Armley, Leeds, LS122
£72505/240.3 miPaisley Street, Armley, Leeds, LS122
£75012/240.31 mi-2
£85006/240.31 miGreenock Place, Leeds, West Yorkshire, LS122
£65005/240.32 miCedar Street, Armley, Leeds2
£72505/240.32 miNancroft Mount, Leeds, West Yorkshire2
£79505/240.33 miGreenock Street, Armley, Leeds, LS122
£49505/240.33 miStanningley Road, Armley, Leeds, LS122
£1,06005/240.34 miWortley Road, Leeds, West Yorkshire, LS122

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.51 miles away

Nearest school

0.20 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £99,950

February 6, 2025

Floor Plans

Description

  • CLOSE PROXIMITY TO LEEDS CITY CENTRE +
  • TWO BEDROOMS +
  • OPEN PLAN KITCHEN / LIVING AREA +
  • SHOWER ROOM +
  • SECURE LOCATION WITH PARKING +
  • EPC RATING - C +
  • COUNCIL TAX BAND - B +

* APARTMENT IN CONVERTED MILL DEVELOPMENT * Stoneacre Properties are bringing to market this well presented two bedroom flat situated within a converted mill development. Located on the first floor, this beautiful apartment briefly comprises lounge, kitchen, two double bedrooms and shower room. Situated on Eyres Mill Side the property is only a short distance from Leeds City Centre so is a perfect buy for someone needing this close proximity or for a buy to let investor. To arrange a viewing please contact Stoneacre Properties.

Entrance - Building is entered via communal door with intercom entry system. Stairs lead up to the first floor.

Hallway - Front door of the flat leads into the hallway which offers access to the integrated storage cupboards, lounge/kitchen, both bedrooms, and bathroom.

Lounge/Kitchen - Lounge/kitchen offers space for formal seating area, breakfast bar, and kitchen. Kitchen is made up of wall and base units and comprises plumbing for washing machine, stainless steel sink with drainer, integrated oven, hob with extractor above, and ample storage space.

Bedroom 1 - Double bedroom laid to carpet with space for wardrobes.

Bedroom 2 - Second bedroom laid to carpet with storage cupboard.

Bathroom - Modern style bathroom is made up of walk in shower, toilet and sink.

External - Property comes with a secure allocated parking space.

Lease - We are advised by the vendor that the property is leasehold with 125 years from 2008. The current service charge is £1722 per annum and ground rent is £175 per annum. A buyer is advised to obtain verification from their solicitor or legal advisor.

Agent Details

Stoneacre Properties, Chapel Allerton

0113 519 3709

Next Steps?

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