3 Bed Terraced House, Refurb/BRRR, Leeds, LS12 3JP, £130,000

Greenock Place, Armley, Leeds, LS12 3JP - 1 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£91.7K - £322.5K
Sold Prices/m²£1.2K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£130,000

 

 

End Value (After Refurb)

£154,426

Uplift in Value

+19%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£36,800

Bridging Loan Interest

£3,413

Total Cash In

£79,563

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£154,426

Mortgage (After Refinance)

£115,820

Mortgage LTV

75%

Cash Released

£18,320

Cash Left In

£61,243

Equity

£38,607

Rent Range

£750 - £2,595

Rent Estimate

£1,049

Running Costs/mo

£712

Cashflow/mo

£337

Cashflow/yr

£4,039

ROI

5%

Gross Yield

10%

Local Sold Prices

51 sold prices from £91.7K to £322.5K, average is £155K. £1.2K/m² to £4.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£120K12/200.07 mi9, Armley Ridge Road, Leeds, West Yorkshire LS12 3HA3
£149.5K09/210.07 mi11, Armley Ridge Road, Leeds, West Yorkshire LS12 3HA3
£148.5K06/210.07 mi134, Town Street, Armley, Leeds, West Yorkshire LS12 3JG3
£148K12/230.07 mi122, Town Street, Armley, Leeds, West Yorkshire LS12 3JG3
£117K04/230.07 mi17, Edinburgh Terrace, Leeds, West Yorkshire LS12 3RH3
£125K09/230.07 mi19, Edinburgh Terrace, Leeds, West Yorkshire LS12 3RH3
£125K10/210.1 mi47, Moorfield Road, Leeds, West Yorkshire LS12 3RN3
£135K03/210.1 mi19, Moorfield Road, Leeds, West Yorkshire LS12 3RN3
£128K03/210.12 mi11, Whingate Avenue, Leeds, West Yorkshire LS12 3RE3
£127K05/210.13 mi7, St Ives Mount, Leeds, West Yorkshire LS12 3RP3
£148K04/210.13 mi32, Aberdeen Walk, Leeds, West Yorkshire LS12 3SB3
£155K01/230.14 mi9, Park Avenue, Armley, Leeds, West Yorkshire LS12 3NN3
£130K11/200.14 mi6, Halliday Place, Leeds, West Yorkshire LS12 3PB3
£130K06/230.14 mi12, Thornton Avenue, Leeds, West Yorkshire LS12 3JD3
£155K06/230.15 mi2, St Ives Grove, Leeds, West Yorkshire LS12 3RR3
£127.5K11/200.16 mi74, Moorfield Road, Leeds, West Yorkshire LS12 3RS3
£135K07/210.16 mi12, Christ Church Mount, Armley, Leeds, West Yorkshire LS12 3NH3
£147K04/210.17 mi95, Armley Ridge Road, Leeds, West Yorkshire LS12 3PE3
£170K12/230.2 mi16, Halliday Avenue, Leeds, West Yorkshire LS12 3PQ3
£91.7K05/210.21 mi19, Barden Grove, Leeds, West Yorkshire LS12 3EH3
£170K08/230.27 mi46, Whingate Road, Leeds, West Yorkshire LS12 3DS3
£112K10/210.28 mi8, Claremont Terrace, Leeds, West Yorkshire LS12 3EB3
£162K11/230.3 mi3, Albany Street, Leeds, West Yorkshire LS12 3DF3
£284K09/210.3 mi5, College View, Leeds, West Yorkshire LS12 3LT3
£242K10/230.3 mi29, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£235K06/210.3 mi35, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£255K06/210.3 mi41, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£225K04/210.3 mi6, Armley Grange Walk, Armley, Leeds, West Yorkshire LS12 3QW3
£231K11/220.3 mi25, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£132.5K11/210.32 mi12, Theaker Lane, Leeds, West Yorkshire LS12 3NZ3
£322.5K01/230.33 mi39, Armley Grange Mount, Leeds, West Yorkshire LS12 3QB3
£240K06/230.39 mi8, Hill End Close, Leeds, West Yorkshire LS12 3PP3
£123K11/200.42 mi199, Tong Road, Leeds, West Yorkshire LS12 4NA3
£275K06/210.43 mi17, St Marys Park Green, Leeds, West Yorkshire LS12 3UY3
£270K07/230.43 mi9, St Marys Park Green, Leeds, West Yorkshire LS12 3UY3
£135K03/240.44 mi12, Colton Road, Armley, Leeds, West Yorkshire LS12 1TU3
£135K03/230.45 mi12, Roderick Street, Leeds, West Yorkshire LS12 4NE3
£170K02/240.46 mi8, Blue Hill Lane, Leeds, West Yorkshire LS12 4NS3
£170K02/240.46 mi8, Blue Hill Lane, Leeds, West Yorkshire LS12 4NS3
£200K12/220.47 mi25, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£212K06/210.47 mi11, Windmill Rise, Lower Wortley, Leeds, West Yorkshire LS12 4WA3
£115K11/200.47 mi45, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£142K08/210.47 mi36, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£130K01/210.49 mi15, St Bartholomews Close, Leeds, West Yorkshire LS12 1SQ3
£265K04/230.49 mi39, St Marys Park Approach, Leeds, West Yorkshire LS12 3UZ3
£230K03/210.5 mi15, Armley Grange Crescent, Leeds, West Yorkshire LS12 3QL3
£227K04/230.5 mi19, St James Mews, Leeds, West Yorkshire LS12 3UT3
£200K10/200.51 mi9, Armley Grange Oval, Leeds, West Yorkshire LS12 3QJ3
£253K08/210.51 mi12, Armley Grange Oval, Leeds, West Yorkshire LS12 3QJ3
£200K12/230.51 mi379, Tong Road, Leeds, West Yorkshire LS12 4QG3
£200K01/230.52 mi16, Gotts Park Avenue, Armley, Leeds, West Yorkshire LS12 2RW3

Local Rents

32 rents from £750/mo to £2.6K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£95005/240.02 mi-3
£92505/240.05 miArmley Ridge Road, Leeds, West Yorkshire, LS123
£1,10002/250.06 mi-3
£99502/250.06 mi-3
£82505/240.07 mi8 Edinburgh Terrace, LS12 3RH3
£82505/240.07 mi8 Edinburgh Terrace, LS12 3RH3
£85006/240.14 miPark Mount, Armley , Leeds3
£92502/250.15 mi-3
£1,20004/250.15 mi-3
£90003/250.17 mi-3
£1,35005/240.2 miHalliday Avenue, Leeds, West Yorkshire, LS123
£89505/240.22 miMoorfield Avenue, Leeds, West Yorkshire, LS123
£90005/240.24 miBarden Mount, Leeds, West Yorkshire, LS123
£2,59501/250.28 mi-3
£75005/240.29 miConference Place, Leeds, West Yorkshire, UK, LS123
£1,10005/240.31 miCongress Mount, Armley, Leeds3
£92005/240.31 miEyres Mill Side, Leeds, West Yorkshire, LS123
£1,20012/240.34 mi-3
£85001/240.43 mi-3
£99512/240.44 mi-3
£90002/250.44 mi-3
£90005/240.45 miCecil Mount, Leeds, LS123
£1,20001/250.49 mi-3
£89505/240.49 miSwallow Avenue, Leeds, LS123
£1,15005/240.49 mi-3
£1,15005/240.49 miStanningley Road, West Yorkshire, LS123
£1,80005/240.5 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS123
£90005/240.52 miChapel Lane, Armley, Leeds, LS123
£94512/240.54 mi-3
£85002/250.58 mi-3
£89505/240.6 miBrooklyn Street, Leeds, West Yorkshire, LS123
£94502/240.6 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.82 miles away

Nearest school

0.10 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £130,000

February 8, 2025

Floor Plans

Description

  • Good Rental Yield for Potential Landlords +
  • Modern Finish to Kitchen and Bathroom +
  • Close to City Centre and Town Street +
  • Large Cellar +
  • Two Double Bedrooms plus 3rd smaller Bedroom / Study +
  • Council Tax Band A +
  • EPC Rating D +
  • On Street Parking +

Spacious 3 Bedroom Terraced House set over 3 Floors, situated a short walk from Town Street and within easy reach of the City Centre. Having been well maintained it would suit an investor keen to rent out with little or no renovation required.

A video of the property could also be sent. For all enquiries, viewing requests or to create your own listing please visit the Emoov website.

Agent Details

Emoov, Chelmsford

01702 967858

Next Steps?

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