4 Bed Terraced House, Refurb/BRRR, Leeds, LS12 3DZ, £155,000

1 Conference Place, Armley, Leeds, West Yorkshire, LS12 3DZ - 6 views - 3 months ago

Sold STC
Refurb/BRRR
~129 m²
+14 photos

ValuationFair Value

Sold Prices£90K - £420K
Sold Prices/m²£909/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.2K/m²

Value Estimate

£156,550

 

 

End Value (After Refurb)

£221,304

Uplift in Value

+43%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Refurb Costs

£51,147

Bridging Loan Interest

£4,069

Total Cash In

£101,566

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£221,304

Mortgage (After Refinance)

£165,978

Mortgage LTV

75%

Cash Released

£49,728

Cash Left In

£51,838

Equity

£55,326

Rent Range

£750 - £2,595

Rent Estimate

£800

Running Costs/mo

£872

Cashflow/mo

£-72

Cashflow/yr

£-859

Gross Yield

6%

Local Sold Prices

42 sold prices from £90K to £420K, average is £190K. £909/m² to £3.5K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£135K07/230.07 mi1, Claremont Place, Leeds, West Yorkshire LS12 3ED4
£305K02/230.18 mi37, College Lawns, Leeds, West Yorkshire LS12 3LP4
£90K03/240.22 mi10, Aberdeen Walk, Leeds, West Yorkshire LS12 3SB4
£150K08/210.22 mi17, Whingate Grove, Leeds, West Yorkshire LS12 3RD4
£100K02/210.22 mi13, Aberdeen Grove, Leeds, West Yorkshire LS12 3QY4
£157.5K04/230.23 mi18, Springfield Mount, Armley, Leeds, West Yorkshire LS12 3QX4
£190K01/230.24 mi23, Aberdeen Grove, Leeds, West Yorkshire LS12 3QY4
£140K12/200.29 mi6, Wortley Road, Leeds, West Yorkshire LS12 3HU4
£335K11/230.35 mi3, Westfield Avenue, Leeds, West Yorkshire LS12 3SJ4
£302.5K10/200.36 mi11, St James Mews, Leeds, West Yorkshire LS12 3UT4
£145K01/230.36 mi20, Highthorne View, Armley, Leeds, West Yorkshire LS12 3JR4
£253.8K11/200.37 mi32, Tower Lane, Leeds, West Yorkshire LS12 3SD4
£305K06/210.39 mi5, Cliffe Park Chase, Leeds, West Yorkshire LS12 4XQ4
£395K06/230.42 mi40, St Marys Park Approach, Leeds, West Yorkshire LS12 3UZ4
£134K11/200.46 mi3, Imperial Terrace, Leeds, West Yorkshire LS12 3NS4
£155K02/230.47 mi6, Park Crescent, Armley, Leeds, West Yorkshire LS12 3NL4
£225K06/230.48 mi38, Leysholme Drive, Leeds, West Yorkshire LS12 4HQ4
£262K11/200.55 mi7, Armley Grange Drive, Armley, Leeds, West Yorkshire LS12 3QH4
£375K09/230.55 mi12, Armley Grange Drive, Armley, Leeds, West Yorkshire LS12 3QH4
£170K03/210.59 mi12, Athlone Terrace, Leeds, West Yorkshire LS12 1UA4
£290K02/210.59 mi9, Saxstead Rise, Leeds, West Yorkshire LS12 4ND4
£365K04/210.59 mi8, Green Hill Road, Leeds, West Yorkshire LS12 3QA4
£185K01/230.61 mi17, Athlone Grove, Leeds, West Yorkshire LS12 1UD4
£320K09/210.67 mi484, Tong Road, Leeds, West Yorkshire LS12 5AU4
£229K01/210.67 mi16, Stradbroke Way, Leeds, West Yorkshire LS12 4NB4
£312.5K12/230.67 mi24, Stradbroke Way, Leeds, West Yorkshire LS12 4NB4
£205K08/230.68 mi6, Cricketers Terrace, Leeds, West Yorkshire LS12 1ST4
£190K03/230.71 mi10, Western Street, Leeds, West Yorkshire LS12 4SX4
£150K04/230.72 mi1, Cecil Mount, Armley, Leeds, West Yorkshire LS12 2AP4
£370K03/210.73 mi39, Fawcett Lane, Leeds, West Yorkshire LS12 4PG4
£140K10/200.73 mi5, Laurel Grove, Armley, Leeds, West Yorkshire LS12 2DD4
£420K11/200.73 mi73, Butt Lane, Leeds, West Yorkshire LS12 5AY4
£245K04/210.76 mi31, Green Hill Drive, Leeds, West Yorkshire LS13 4JZ4
£169K04/230.78 mi1, Wyther Park Mount, Armley, Leeds, West Yorkshire LS12 2RH4
£140K12/230.79 mi5, Salisbury Terrace, Leeds, West Yorkshire LS12 2AY4
£220K10/210.8 mi9, Queensthorpe Close, Leeds, West Yorkshire LS13 4JT4
£147K01/230.85 mi13, Branch Place, Leeds, West Yorkshire LS12 5PT4
£180K04/230.87 mi14, Armley Park Road, Armley, Leeds, West Yorkshire LS12 2PG4
£193K07/230.88 mi32, Cow Close Road, Leeds, West Yorkshire LS12 5NU4
£171.5K10/230.91 mi1, Gamble Hill Place, Leeds, West Yorkshire LS13 4TD4
£120K05/210.93 mi4, Model Road, Armley, Leeds, West Yorkshire LS12 2BN4
£140K03/210.95 mi12, Gamble Hill Vale, Leeds, West Yorkshire LS13 4TL4

Local Rents

43 rents from £750/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240 mi-3
£95012/240.05 mi-4
£75005/240.06 miConference Place, Leeds, West Yorkshire, UK, LS123
£1,10005/240.08 miCongress Mount, Armley, Leeds3
£90005/240.1 miBarden Mount, Leeds, West Yorkshire, LS123
£89505/240.15 miSwallow Avenue, Leeds, LS123
£92502/250.19 mi-3
£95005/240.26 miAberdeen Walk, Armley, Leeds, LS124
£82505/240.29 mi8 Edinburgh Terrace, LS12 3RH3
£82505/240.29 mi8 Edinburgh Terrace, LS12 3RH3
£89505/240.3 miMoorfield Avenue, Leeds, West Yorkshire, LS123
£1,20004/250.33 mi-3
£95005/240.33 mi-3
£1,10002/250.34 mi-3
£99502/250.34 mi-3
£1,50005/240.36 miPark Meadow Lane, Leeds, West Yorkshire, LS124
£1,55005/240.36 miPark Meadow Lane, Leeds, West Yorkshire, LS124
£1,55005/240.36 miPark Meadow Lane, Leeds, West Yorkshire, LS124
£1,80005/240.37 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS123
£1,40005/240.37 miBobbin Row, Leeds, West Yorkshire, LS123
£1,35005/240.37 miBobbin Row, Leeds, West Yorkshire, LS123
£92505/240.38 miArmley Ridge Road, Leeds, West Yorkshire, LS123
£1,40004/250.41 mi-3
£2,00006/240.42 miArmley Grange Rise, Leeds, LS124
£1,65006/240.42 miArmley Grange Rise, Leeds, LS124
£1,65012/240.42 mi-4
£1,35005/240.45 miHalliday Avenue, Leeds, West Yorkshire, LS123
£85006/240.47 miPark Mount, Armley , Leeds3
£1,40003/250.48 mi-4
£1,59505/240.49 mi60 Armley Grange Avenue, Leeds, LS12 3QN5
£2,59501/250.49 mi-3
£1,20005/240.5 miGreen Hill Croft, Leeds, LS123
£90003/250.5 mi-3
£1,15005/240.53 miChrist Church Road, Armley, Leeds, LS124
£1,20003/250.54 mi-3
£85001/240.56 mi-3
£99512/240.58 mi-3
£90002/250.58 mi-3
£1,59002/250.59 mi-4
£1,30012/240.59 mi-4
£92005/240.6 miEyres Mill Side, Leeds, West Yorkshire, LS123
£2,30005/240.61 miFawcett Lane, Leeds4
£85002/250.61 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £155,000

February 10, 2025

Floor Plans

Description

  • Four Bedroom Back to Back Terrace +
  • Ideal for a Landlord / Investor +
  • Possible Rental Income CIRCA £800.00 pcm +
  • Double Glazing +
  • Gas Central Heating +
  • Four Double Bedrooms +
  • Spacious Accommodation Throughout +
  • Ideal Location For Access to Leeds City Centre & Bramley Railway Station +
  • Early Internal Viewing Advised +
  • Council Tax Band: A / EPC Rating: D +

A spacious FOUR BEDROOM BACK TO BACK property situated amidst similar style property in a popular residential area of Armley. Although this property requires some modernisation and updating it would make an ideal purchase for a variety of buyers including Landlords / Investors (possible rental income once updated circa £800.00pcm).

Briefly throughout the accommodation comprises of a HALWWAY with stairs rising to the first floor, a LIVING ROOM, a FITTED DINING KITCHEN with a good range of cabinets and ample space for a dining table and chairs, TWO FIRST FLOOR BEDROOMS, a BATHROOM / WC with a white suite, and TWO SECOND FLOOR BEDROOMS. Local amenities are within walking distance and Leeds City Centre, the Motorway networks, and Bramley Railway Station are a short drive away.
Early internal viewing is highly recommended and cab be arranged by contacting the office on / sales@kathwells.comCouncil Tax Band: A / EPC Rating: D

Ground Floor: -

Hallway: - Access via a front entrance door, stairs rising to the first floor

Living Room: - Double glazed window, central heating radiator

Fitted Dining Kitchen: - Double glazed window, a range of fitted wall, drawer & base units, work surfaces, built under electric oven / grill, gas hob, extractor hood, an inset sink and drainer, space for a fridge / freezer, plumbing for an automatic washing machine, ample space for a dining table and chairs

First Floor: -

Landing: - Access to the first floor accommodation, stairs to the second floor

Bedroom One: - Double glazed window, central heating radiator

Bedroom Two: - Double glazed window, central heating radiator

Bathroom / Wc: - Double glazed window, a white suite comprising of a panelled bath with a glazed side scree, wash basin set into a vanity unit, low flush WC, ladder style central heating radiator / towel warmer

Second Floor: -

Landing: - Access to the second floor accommodation

Bedroom Three: - Double glazed window, central heating radiator

Bedroom Four: - Double glazed window, central heating radiator

Council Tax Band & Epc Rating: - Council Tax Band: A / EPC Rating: D

Council Tax Link: -

Epc Link: -

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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