2 Bed Flat, Cash/Bridging Only, Leeds, LS16 6EZ, £195,000

18 WOODLANDS COURT, OTLEY ROAD, LEEDS, LS16 6EZ - 2 months ago

Cash
~93 m²
+4 photos

ValuationFair Value

Sold Prices£80K - £240K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~93.46 m²
Price/m²£2.1K/m²

Value Estimate

£198,900

 

 

End Value (After Refurb)

£291,434

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Refurb Costs

£36,982

Bridging Loan Interest

£5,119

Total Cash In

£104,951

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£291,434

Agent Fees (1%)

£2,914

Bridging Loan

£146,250

Bridging Loan Interest

£5,119

Flip Profit

£37,319

Local Sold Prices

50 sold prices from £80K to £240K, average is £146.8K. £1.3K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£158K01/210.05 mi11, Grange Wood Court, Leeds, West Yorkshire LS16 6ED2
£175K12/230.07 mi299, Otley Road, Leeds, West Yorkshire LS16 6EY2
£138K09/210.3 mi28, Weetwood House Court, Leeds, West Yorkshire LS16 5AF2
£165K03/210.32 miFlat 2, Lime Tree Court, West Park Drive, Leeds, West Yorkshire LS16 5BL2
£126K07/210.41 mi20, Old Farm Close, Leeds, West Yorkshire LS16 5DG2
£160K03/210.41 miFlat 11, Arncliffe Court, Arncliffe Road, Leeds, West Yorkshire LS16 5JE2
£165K03/240.44 mi12, Foxhill Court, Leeds, West Yorkshire LS16 5PL2
£185K05/230.47 mi44, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£163K01/210.47 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£171K04/240.47 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£114K08/210.55 mi193, Iveson Drive, Leeds, West Yorkshire LS16 6NY2
£210K11/230.58 mi93, Carisbrooke Road, Leeds, West Yorkshire LS16 5RX2
£115K05/240.61 mi33, Fillingfir Road, Leeds, West Yorkshire LS16 5EE2
£104K10/220.61 mi49, Fillingfir Road, Leeds, West Yorkshire LS16 5EE2
£187K10/200.62 mi14, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£211K02/240.62 mi31, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£207.5K08/230.62 mi52, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£182.5K02/210.62 mi72, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£220K06/210.62 mi31, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£200K05/230.63 miApartment 2, The Lodge, Harrowby Road, Leeds, West Yorkshire LS16 5HN2
£240K11/220.65 mi56, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£222.5K11/220.65 mi43, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU2
£84K01/210.69 mi17, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K05/210.69 mi1, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K07/210.69 mi9, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£149.5K07/210.7 mi19, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£140K07/210.7 mi44, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£136K10/200.7 mi34, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£152K11/230.7 mi49, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£170K10/220.7 mi24, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£120K01/210.77 mi74, New Adel Lane, Leeds, West Yorkshire LS16 6AP2
£160K11/230.78 mi26, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£135K11/200.78 mi54, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£150K06/240.78 mi30, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£148.5K12/230.78 mi16, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£130K09/230.78 mi56, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£230K06/210.79 mi7, Glendower Park, Adel, Leeds, West Yorkshire LS16 8HA2
£110K05/230.79 mi2, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K05/210.79 mi19, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£125K10/210.8 mi7, Rothbury Gardens, Leeds, West Yorkshire LS16 6AW2
£135.5K10/200.82 mi87, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£137.5K11/200.82 mi59, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£160K12/220.82 mi71, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AY2
£113K03/210.82 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£113K03/210.82 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£139K07/210.82 mi371, Otley Road, Leeds, West Yorkshire LS16 6AL2
£115K03/210.82 mi397, Otley Road, Leeds, West Yorkshire LS16 6AL2
£144K05/230.82 mi389, Otley Road, Leeds, West Yorkshire LS16 6AL2
£119K12/220.84 mi60, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£137.5K02/210.84 mi14, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2

Local Rents

45 rents from £725/mo to £2.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,19505/240.06 mi-2
£1,00005/240.07 mi-2
£1,10003/250.28 mi-2
£72509/230.29 mi-2
£80009/240.29 mi-2
£94506/240.3 miWeetwood House Court, Weetwood, Leeds, LS162
£94905/240.32 mi-2
£84903/250.32 mi-2
£87502/240.34 mi-2
£1,10012/240.36 mi-2
£1,10005/240.36 miArncliffe Road, Leeds, LS162
£1,40006/240.39 miArncliffe Road, Leeds, LS162
£1,40012/240.39 mi-2
£1,40012/240.39 mi-2
£1,20002/250.39 mi-2
£1,30005/240.39 mi-2
£1,10006/240.4 mi1 Kepstorn Court2
£1,10005/240.41 miArncliffe Road, Leeds, West Yorkshire, LS162
£1,00005/240.41 miCastleton Court, 3 Arncliffe Road, West Park, Leeds, LS162
£89505/240.44 miFoxhill Court, LEEDS2
£88405/240.45 miFoxhill Court, Weetwood, Leeds, LS162
£97505/240.45 mi-2
£97505/240.45 mi-2
£99502/250.45 mi-2
£1,30012/240.46 mi-2
£1,30005/240.46 miWelburn Drive, Leeds, LS162
£99502/250.47 mi-2
£89505/240.47 miFoxhill Court, Weetwood2
£1,25004/240.5 mi-2
£1,25003/250.5 mi-2
£1,20005/240.51 miLuttrell Gardens, Lawnswood, Leeds, LS16 6LY2
£1,20005/240.52 miBeech House, Bardon Gardens, Weetwood Lane, Leeds, LS16 5TZ2
£82505/240.53 miLatchmere Drive, Leeds, West Yorkshire, LS162
£1,22505/240.58 miQuarry Dene, Weetwood, Leeds, LS162
£1,38605/240.58 mi84 Carisbrooke Road, LS16 5RX2
£1,25205/240.58 mi84 Carisbrooke Road, LS16 5RX2
£1,30006/240.6 miThe Hollies, Weetwood Lane, Weetwood, Leeds, LS162
£1,47512/240.61 mi-2
£1,49903/250.61 mi-2
£1,59905/240.61 miUpper Headingley, Leeds, LS162
£1,21305/240.61 mi1 West Park Walk, LS16 5HB2
£1,21305/240.61 mi3 West Park Walk, LS16 5HB2
£2,25005/240.61 mi-2
£97511/230.62 mi-2
£97502/250.62 mi-2

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

3.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.42 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £195,000

February 6, 2025

Floor Plans

Description

  • Top floor apartment +
  • Two fantastic double bedrooms +
  • Long reaching balcony views +
  • Bright and airy living area +
  • Close to excellent amenities +
  • Freehold +
  • Off-street parking +
  • Garage +
  • Cash buyers only +
  • Peaceful environment +

Monroe is delighted to present this charming, airy top-floor apartment in a peaceful area which offers a balcony with stunning long-reaching views. The property also boasts access to beautiful communal gardens, making it perfect for summer as the property gets the sun all day long!

18 Woodlands Court - Monroe is delighted to present this charming, airy top-floor apartment in a peaceful area which offers a balcony with stunning long-reaching views. The property also boasts access to beautiful communal gardens, making it perfect for summer as the property gets the sun all day long!

The well maintained apartment offers a secure environment for those looking for tranquility and privacy.

This property features a spacious kitchen, bright living area, two fantastic double bedrooms, and a fully tiled house bathroom. Additionally, the property benefits from a garage, providing ample storage space.

The property will be sold as freehold and will only be offered to cash buyers.

REASONS TO BUY

-Top floor apartment
-Two fantastic double bedrooms
-Long reaching balcony views
-Bright and airy living area
-Close to excellent amenities
-Beautiful communal gardens
-Freehold
-Off-street parking
-Garage
-Cash buyers only

Environs

Adel is a highly desirable residential area located in North Leeds, offering easy access to the best amenities and schools in the area. These include David Lloyd, GSAL, Moorlands School, various golf clubs, restaurants, and shops. The Ring Road A6120 provides excellent transport links to Bradford, Harrogate, York, and the motorway networks (M1, M62, A1). You can find convenient nearby amenities on Otley Road, such as a Co-op and a Post Office. In addition, Horsforth and Headingley are just a short drive away and offer a wide range of shops, bars, and restaurants.

SERVICES

We are advised that the property has mains water, electricity, drainage and gas.

LOCAL AUTHORITY

Leeds City Council

TENURE

We are advised that the property is share of freehold, and that vacant possession will be granted upon legal completion.

VIEWING ARRANGEMENTS

Strictly through the exclusive selling agent Monroe Estate Agents

Agent Details

Monroe Estate Agents, Alwoodley

0113 467 5055

Next Steps?

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