2 Bed Flat, Single Let, Leeds, LS16 6AN, £170,000

26 New Adel Lane, Leeds, West Yorkshire, LS16 6AN - 3 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 2%
69 m²
+8 photos

ValuationOvervalued

Sold Prices£75K - £230K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

69 m²
Price/m²£2.5K/m²

Value Estimate

£153,923

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£795 - £1,300

Rent Estimate

£806

Running Costs/mo

£712

Cashflow/mo

£94

Cashflow/yr

£1,123

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £230K, average is £144.5K. £1.3K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£160K11/230.01 mi26, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£135K11/200.01 mi54, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£150K06/240.01 mi30, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£148.5K12/230.01 mi16, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£130K09/230.01 mi56, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£113K03/210.05 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£113K03/210.05 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£139K07/210.06 mi371, Otley Road, Leeds, West Yorkshire LS16 6AL2
£115K03/210.06 mi397, Otley Road, Leeds, West Yorkshire LS16 6AL2
£144K05/230.06 mi389, Otley Road, Leeds, West Yorkshire LS16 6AL2
£119K12/220.07 mi60, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£137.5K02/210.07 mi14, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K06/240.07 mi10, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£145K10/230.07 mi62, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£125K10/210.07 mi7, Rothbury Gardens, Leeds, West Yorkshire LS16 6AW2
£170K12/220.11 mi82, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£120K01/210.13 mi74, New Adel Lane, Leeds, West Yorkshire LS16 6AP2
£160K12/220.16 mi71, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AY2
£170K10/220.16 mi24, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£149.5K07/210.17 mi19, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£140K07/210.17 mi44, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£136K10/200.17 mi34, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£152K11/230.17 mi49, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£135.5K10/200.17 mi87, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£137.5K11/200.17 mi59, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£110K05/230.17 mi2, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K05/210.17 mi19, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K03/230.19 mi114, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£147K02/240.19 mi148, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£140K03/230.19 mi132, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£117K11/230.19 mi86, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£145K10/220.25 mi158, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£84K01/210.36 mi17, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K05/210.36 mi1, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K07/210.36 mi9, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£153.1K01/230.51 mi14, Heathfield Walk, Leeds, West Yorkshire LS16 7QQ2
£165K12/210.55 mi17, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£182.5K03/210.55 mi18, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£175K02/230.59 mi42, Long Causeway, Adel, Leeds, West Yorkshire LS16 8EQ2
£230K06/210.67 mi7, Glendower Park, Adel, Leeds, West Yorkshire LS16 8HA2
£110K10/220.68 mi82, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£75K05/230.68 mi88, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£95K05/230.68 mi90, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£114K08/210.71 mi193, Iveson Drive, Leeds, West Yorkshire LS16 6NY2
£175K12/230.71 mi299, Otley Road, Leeds, West Yorkshire LS16 6EY2
£185K05/230.74 mi44, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£163K01/210.74 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£171K04/240.74 mi45, Foxhill Court, Leeds, West Yorkshire LS16 5PN2
£158K01/210.74 mi11, Grange Wood Court, Leeds, West Yorkshire LS16 6ED2
£165K03/240.76 mi12, Foxhill Court, Leeds, West Yorkshire LS16 5PL2

Local Rents

19 rents from £795/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,10003/240.06 mi-2
£1,30002/250.06 mi-2
£82505/240.07 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£82505/240.07 miNew Adel Lane, Leeds, West Yorkshire, UK, LS162
£82505/240.07 miRedesdale Gardens, Adel, Leeds2
£85001/240.07 mi-2
£95002/250.09 mi-2
£85005/240.1 miRedesdale Gardens, Adel, Leeds2
£89512/230.11 mi-2
£1,15009/240.12 mi-2
£80005/240.12 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£1,20005/240.18 miWoodlands Grove, Adel, Leeds, West Yorkshire.2
£79501/240.18 mi-2
£95006/240.19 miRedesdale Gardens, Leeds, LS162
£79505/240.25 miRedesdale Gardens, Adel, LEEDS 162
£99505/240.43 miAdel Grange Mews, Adel, Leeds, West Yorkshire2
£98001/250.44 mi-2
£89505/240.45 miRaynel Mount, Adel, Leeds2
£1,20005/240.46 miLuttrell Gardens, Lawnswood, Leeds, LS16 6LY2

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

3.70 miles away

Nearest school

0.50 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £170,000

February 11, 2025

Floor Plans

Description

  • Ground flr apartment. +
  • 2 dble beds. +
  • Ideal investor/first time buyer property. +
  • Lovely green outlook. +
  • Lounge/diner & fitted kitchen. +
  • Sought after Adel position. +
  • Communal gardens plus private patio area & shed. +
  • On street parking. +
  • Close to amenities/schools. +
  • Great commuter links. +

Nestled in the sought-after area of Adel, this well-presented two-bedroom ground floor flat offers comfortable living with the added bonus of its own private patio and outdoor storage area. Perfect for first-time buyers, downsizers, or investors, the property boasts a bright and airy living space in a peaceful setting, with excellent local amenities and transport links nearby.
Don't miss this fantastic opportunity—book your viewing today!

LOCATION
Adel is a prime residential location in North-Leeds, enjoying a thriving village atmosphere, with a selection of amenities within a short distance. Eateries, cafes, shops, supermarket, doctor's surgeries, health & beauty/hair salons, leisure and sports centres, plus an array of golf courses within a five mile radius. Bus and road access links into Leeds, Bradford, Harrogate, Otley & Headingley are on hand, with a train station in Horsforth and Headingley too. Adel Primary and St John the Baptist primary schools are sought after, along with two re-designed and re-built High Schools - Lawnswood and Ralph Thoresby. The Grammar School at Leeds has a bus pick-up/drop off point in Adel, as does Prince Henry's in Otley. Moorlands Independent/Prep School is a short distance away, Gateways public school is a few miles distant and Froebelian Independent/prep school is located in Horsforth. Adel boasts Bedquilts recreation ground, a Memorial Hall where cricket, archery and squash can be enjoyed, with a drink in the bar after. The local Golden Acre Park offers perfect recreational space with a lake and lots of wildlife and by travelling only a short distance further, you will find stunning Otley Chevin, Harewood House and beautiful countryside walks. Leeds is recognised as one of the top Cities in the North, with its vibrancy, high quality shopping and plethera of eateries, bars & cafes. Leeds-Bradford International Airport is a short car ride away.

GROUND FLOOR
Enter the property into a good size entrance hall with ample space to remove and store shoes and coats and two useful storage cupboards. A large bay-fronted sitting room which is lovely and light with a neutral decor theme, feature fireplace with marble hearth. There are two good size double bedrooms the second with pleasant rear view. The Master bedroom is beautifully presented with feature wall panelling, carpeted and has access to built in cupboard for storage. Window provides nice outlook to the front. Modern, three piece house bathroom, fully tiled in neutral ceramics and wood effect flooring. Incorporates panel bath with shower over, pedestal hand wash basin and low flush WC. Window to the rear aspect. To the rear is a modern fitted kitchen with white handleless wall, base and drawer units with wood effect laminate worksurfaces and black sink and drainer. Integrated oven, electric hob with extractor above and space/point for washing machine and tumble dryer. Door gives access out to the rear garden and window offers nice outlook.

OUTSIDE
On street parking is available. The property sits on pleasant communal gardens with private access to your own patio area, perfect for sitting and relaxing. There is a useful outdoor store/shed.

LEASEHOLD & RELATED CHARGES
We understand that the property is leasehold and may there fore carry an annual charge for maintenance/ground rent. We are advised that the following applies. Length of Lease 215 years - with 166 years remaining as of 2025 - Ground Rent £10 P.A - This is a peppercorn rent under a deed of variation date 25th March 2021 Maintenance charge of £400 PA. Clarification regarding lease terms, length and any charges should be sought via the vendors solicitors.

BROCHURE DETAILS
Hardisty and Co prepared these details, including photography, in accordance with our estate agency agreement.

SERVICES – Disclosure of Financial Interests
Unless instructed otherwise, the company would normally offer all clients, applicants, and prospective purchasers its full range of estate agency services, including the valuation of their present property and sales service. We also intend to offer clients, applicants and prospective purchasers' mortgage and financial services advice through our association with Mortgage Advice Bureau. We will also offer to clients and prospective purchasers the services of our panel solicitors, removers, and contactors. We would normally be entitled to commission or fees for such services and disclosure of all our financial interests can be found on our website.

MORTGAGE SERVICES
We are whole of market and would love to help with your purchase or remortgage. Call to book your appointment today option 4.

Agent Details

Hardisty & Co, Horsforth

0113 519 3380

Next Steps?

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