3 Bed Terraced House, Single Let, Leeds, LS12 2DF, £132,000

7 Nancroft Mount, Armley, Leeds, LS12 2DF - 2 views - 2 months ago

Under Offer
BTL
ROI: 8%
80 m²
+10 photos

ValuationUndervalued

Sold Prices£93.5K - £220K
Sold Prices/m²£968/m² - £3K/m²

 

 

Square Metres

80 m²
Price/m²£1.6K/m²

Value Estimate

£135,682
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,000

Stamp Duty & Legal Fees

£5,160

Total Cash In

£38,160

 

 

Cash Out

 

Rent Range

£795 - £1,800

Rent Estimate

£850

Running Costs/mo

£603

Cashflow/mo

£248

Cashflow/yr

£2,970

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £93.5K to £220K, average is £140.5K. £968/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£166.3K11/230.08 mi27, Brooklyn Avenue, Armley, Leeds, West Yorkshire LS12 2BS3
£113K11/200.12 mi151a, Armley Road, Leeds, West Yorkshire LS12 2LL3
£150K03/230.12 mi153, Armley Road, Leeds, West Yorkshire LS12 2LL3
£108K05/210.13 mi16, Model Avenue, Leeds, West Yorkshire LS12 2BW3
£153K06/230.13 mi40, Church Road, Armley, Leeds, West Yorkshire LS12 1UW3
£130K01/210.22 mi15, St Bartholomews Close, Leeds, West Yorkshire LS12 1SQ3
£129.9K02/230.23 mi43, Simpson Grove, Leeds, West Yorkshire LS12 1QG3
£143K12/230.23 mi51, Simpson Grove, Leeds, West Yorkshire LS12 1QG3
£135K03/240.25 mi12, Colton Road, Armley, Leeds, West Yorkshire LS12 1TU3
£200K12/220.25 mi25, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£149.5K07/230.25 mi20, Aviary Place, Armley, Leeds, West Yorkshire LS12 2NP3
£115K11/200.26 mi45, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£142K08/210.26 mi36, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£93.5K03/210.27 mi19, Nunnington Street, Armley, Leeds, West Yorkshire LS12 2PJ3
£132.5K11/210.27 mi12, Theaker Lane, Leeds, West Yorkshire LS12 3NZ3
£110K06/230.28 mi36, Abbott View, Armley, Leeds, West Yorkshire LS12 2JN3
£143K05/230.28 mi15, Abbott View, Armley, Leeds, West Yorkshire LS12 2JN3
£106.5K01/210.29 mi137, Tong Road, Leeds, West Yorkshire LS12 1QJ3
£99K04/210.35 mi9, Penrith Grove, Leeds, West Yorkshire LS12 4LY3
£117K10/210.36 mi19, Portland Road, Leeds, West Yorkshire LS12 4LT3
£215K01/230.37 mi61, Stradbroke Way, Leeds, West Yorkshire LS12 4NB3
£135K03/230.39 mi12, Roderick Street, Leeds, West Yorkshire LS12 4NE3
£180K11/200.39 mi59, Stradbroke Way, Leeds, West Yorkshire LS12 4NB3
£123K11/200.4 mi199, Tong Road, Leeds, West Yorkshire LS12 4NA3
£135K03/230.4 mi19, First Avenue, Leeds, West Yorkshire LS12 1LD3
£175K12/200.43 mi48, Saxstead Rise, Leeds, West Yorkshire LS12 4ND3
£171.5K04/210.43 mi31, Saxstead Rise, Leeds, West Yorkshire LS12 4ND3
£125K04/230.43 mi7, Gilpin Terrace, Leeds, West Yorkshire LS12 1HL3
£170K11/200.44 mi3, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ3
£200K05/230.44 mi31, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ3
£141K09/210.46 mi3, Second Avenue, Leeds, West Yorkshire LS12 1LB3
£160K02/240.46 mi2, Second Avenue, Leeds, West Yorkshire LS12 1LB3
£220K08/230.5 mi40, Tavistock Park, Leeds, West Yorkshire LS12 4DD3
£135K02/210.5 mi18, Roseneath Terrace, Leeds, West Yorkshire LS12 4DZ3
£140K12/230.5 mi3, Roseneath Place, Leeds, West Yorkshire LS12 4EA3
£140K03/210.5 mi18, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£180K09/210.5 mi14, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£125K04/210.51 mi17, Oak Road, Armley, Leeds, West Yorkshire LS12 2UB3
£95K11/200.51 mi39, Oak Road, Armley, Leeds, West Yorkshire LS12 2HJ3
£149.5K09/210.52 mi11, Armley Ridge Road, Leeds, West Yorkshire LS12 3HA3
£120K12/200.52 mi9, Armley Ridge Road, Leeds, West Yorkshire LS12 3HA3
£135K10/200.52 mi7, Oldfield Avenue, Leeds, West Yorkshire LS12 4EN3
£150K02/210.52 mi5, Oldfield Avenue, Leeds, West Yorkshire LS12 4EN3
£135K07/210.54 mi12, Christ Church Mount, Armley, Leeds, West Yorkshire LS12 3NH3
£148.5K06/210.54 mi134, Town Street, Armley, Leeds, West Yorkshire LS12 3JG3
£148K12/230.54 mi122, Town Street, Armley, Leeds, West Yorkshire LS12 3JG3
£187.5K12/200.55 mi2, Tavistock Way, Leeds, West Yorkshire LS12 4DR3
£115.8K12/200.56 mi33, Benson Gardens, Leeds, West Yorkshire LS12 4LA3
£180K10/200.56 mi21, Upper Wortley Road, Leeds, West Yorkshire LS12 4LB3
£160K11/200.56 mi19, Upper Wortley Road, Leeds, West Yorkshire LS12 4LB3

Local Rents

23 rents from £795/mo to £1.8K/mo, average is £945/mo.

RentDateDistanceAddressBeds 
£89505/240.03 miBrooklyn Street, Leeds, West Yorkshire, LS123
£1,02505/240.09 miModel Road, LEEDS3
£90005/240.11 miChapel Lane, Armley, Leeds, LS123
£94512/240.11 mi-3
£1,00006/240.15 miMd3
£99512/240.24 mi-3
£90002/250.24 mi-3
£90005/240.24 miCecil Mount, Leeds, LS123
£94503/250.26 mi-3
£85001/240.26 mi-3
£92005/240.3 miEyres Mill Side, Leeds, West Yorkshire, LS123
£94502/240.35 mi-3
£85002/250.37 mi-3
£1,20001/250.39 mi-3
£79503/240.4 miFirst Avenue, Armley, Leeds, LS123
£90003/250.49 mi-3
£1,24503/250.52 mi-3
£1,10002/250.54 mi-3
£99502/250.54 mi-3
£92505/240.54 miArmley Ridge Road, Leeds, West Yorkshire, LS123
£99502/240.56 mi-3
£95005/240.58 mi-3
£1,80005/240.62 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS123

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.27 miles away

Nearest school

0.20 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £132,000

February 10, 2025

Floor Plans

Description

  • Well Presented +
  • Close To Local Amenities +
  • Viewings Highly Recommended +
  • Recently Renewed Dorma +
  • Well Tended, Low Maintenance Garden Space +
  • No Chain +

The Property
Welcome to this charming two-bedroom back-to-back property, situated in the desirable Nancroft Mount area of Armley, Leeds, LS12 2DF. Offered with no chain, this home presents an excellent opportunity for both first-time buyers and investors alike.

Key Features:

Additional Versatile Space: A standout feature of this property is the large additional space downstairs, perfect for use as an extra bedroom. It is already equipped with plumbing and electrics, making it ideal for converting into an ensuite bedroom or a spacious home office.

Convenient Location: Enjoy the convenience of being close to major bus routes and transport links, ensuring easy access to Leeds city centre and beyond. Local amenities are within walking distance, offering a variety of shops, cafes, and services right at your doorstep.

Modern Comfort: The property boasts a brand new full central heating system, ensuring warmth and comfort throughout the year. Recently renewed dorma windows enhance the property’s aesthetic appeal and allow for ample natural light.

Spacious and Airy: The rooms are generously sized with high ceilings, creating a sense of space and openness. The thoughtful layout provides a comfortable living environment that can adapt to your lifestyle needs.

South Facing Aspect: Benefit from a south-facing aspect that floods the property with natural light, creating a bright and welcoming atmosphere throughout the day.

Low Maintenance Garden: The well-tended garden space is designed for low maintenance, offering a pleasant outdoor area to relax.

This property combines modern living with convenience and potential, making it a must-see. Don't miss the chance to make this versatile and welcoming house your new home. Contact us today to arrange a viewing!

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Leeds

0113 519 9101

Next Steps?

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