3 Bed Terraced House, Refurb/BRRR, Leeds, LS12 4LR, £149,995

21 Kingswood Road, Leeds, West Yorkshire, LS12 4LR - 6 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£40K - £233K
Sold Prices/m²£426/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£158,095
BMV2%

 

 

End Value (After Refurb)

£187,476

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,499

Stamp Duty & Legal Fees

£5,850

Refurb Costs

£36,800

Bridging Loan Interest

£3,937

Total Cash In

£85,836

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£187,476

Mortgage (After Refinance)

£140,607

Mortgage LTV

75%

Cash Released

£28,111

Cash Left In

£57,725

Equity

£46,869

Rent Range

£750 - £2,500

Rent Estimate

£1,021

Running Costs/mo

£810

Cashflow/mo

£211

Cashflow/yr

£2,531

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £233K, average is £168.1K. £426/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£117K10/210.04 mi19, Portland Road, Leeds, West Yorkshire LS12 4LT3
£175K12/200.05 mi48, Saxstead Rise, Leeds, West Yorkshire LS12 4ND3
£171.5K04/210.05 mi31, Saxstead Rise, Leeds, West Yorkshire LS12 4ND3
£99K04/210.05 mi9, Penrith Grove, Leeds, West Yorkshire LS12 4LY3
£180K11/200.09 mi59, Stradbroke Way, Leeds, West Yorkshire LS12 4NB3
£215K01/230.09 mi61, Stradbroke Way, Leeds, West Yorkshire LS12 4NB3
£106.5K01/210.09 mi137, Tong Road, Leeds, West Yorkshire LS12 1QJ3
£135K03/230.12 mi12, Roderick Street, Leeds, West Yorkshire LS12 4NE3
£140K03/210.13 mi18, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£180K09/210.13 mi14, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP3
£115K11/200.15 mi45, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£142K08/210.15 mi36, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£123K11/200.15 mi199, Tong Road, Leeds, West Yorkshire LS12 4NA3
£200K12/220.16 mi25, Cedar Close, Leeds, West Yorkshire LS12 1SL3
£115.8K12/200.18 mi33, Benson Gardens, Leeds, West Yorkshire LS12 4LA3
£150K03/210.18 mi28, Benson Gardens, Leeds, West Yorkshire LS12 4JZ3
£160K05/210.18 mi52, Benson Gardens, Leeds, West Yorkshire LS12 4JZ3
£149.5K11/200.18 mi68, Benson Gardens, Leeds, West Yorkshire LS12 4JZ3
£130K01/210.18 mi15, St Bartholomews Close, Leeds, West Yorkshire LS12 1SQ3
£135K03/240.19 mi12, Colton Road, Armley, Leeds, West Yorkshire LS12 1TU3
£122.5K12/200.2 mi81, Benson Gardens, Leeds, West Yorkshire LS12 4LA3
£223K06/230.2 mi15, Benson Gardens, Leeds, West Yorkshire LS12 4LA3
£180K10/200.21 mi21, Upper Wortley Road, Leeds, West Yorkshire LS12 4LB3
£160K11/200.21 mi19, Upper Wortley Road, Leeds, West Yorkshire LS12 4LB3
£135K10/200.21 mi7, Oldfield Avenue, Leeds, West Yorkshire LS12 4EN3
£150K02/210.21 mi5, Oldfield Avenue, Leeds, West Yorkshire LS12 4EN3
£165K01/210.23 mi32, Green Hill Crescent, Leeds, West Yorkshire LS12 4HB3
£205K07/230.26 mi7, Green Hill Holt, Leeds, West Yorkshire LS12 4HY3
£225K04/230.26 mi15, Green Hill Gardens, Leeds, West Yorkshire LS12 4HE3
£153K06/230.26 mi40, Church Road, Armley, Leeds, West Yorkshire LS12 1UW3
£190K08/230.29 mi38, Green Hill Lane, Leeds, West Yorkshire LS12 4HA3
£220K12/220.29 mi22, Green Hill Chase, Leeds, West Yorkshire LS12 4HF3
£170K11/200.33 mi3, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ3
£200K05/230.33 mi31, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ3
£174.9K10/200.33 mi28, Waveney Road, Leeds, West Yorkshire LS12 4EY3
£205K03/230.34 mi4, Leysholme Drive, Leeds, West Yorkshire LS12 4HQ3
£135K02/210.35 mi18, Roseneath Terrace, Leeds, West Yorkshire LS12 4DZ3
£140K12/230.35 mi3, Roseneath Place, Leeds, West Yorkshire LS12 4EA3
£195K03/230.36 mi1, Greenville Avenue, Leeds, West Yorkshire LS12 4TD3
£170K03/230.36 mi16, Highfield Avenue, Leeds, West Yorkshire LS12 4BU3
£233K12/230.37 mi22, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£181K05/210.37 mi16, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£184K04/210.37 mi1, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£192.5K03/210.37 mi12, Greenville Gardens, Leeds, West Yorkshire LS12 4TB3
£142.3K12/200.37 mi25, Highfield Crescent, Leeds, West Yorkshire LS12 4DA3
£192K08/210.38 mi1, Leysholme Terrace, Leeds, West Yorkshire LS12 4HL3
£184K12/200.38 mi22, Leysholme Terrace, Leeds, West Yorkshire LS12 4HL3
£219K09/230.38 mi1, Leysholme Terrace, Leeds, West Yorkshire LS12 4HL3
£166.3K11/230.38 mi27, Brooklyn Avenue, Armley, Leeds, West Yorkshire LS12 2BS3
£40K02/240.4 mi45, Dixon Lane, Leeds, West Yorkshire LS12 4RR3

Local Rents

39 rents from £750/mo to £2.5K/mo, average is £945/mo.

RentDateDistanceAddressBeds 
£85002/250.02 mi-3
£94502/240.06 mi-3
£85001/240.18 mi-3
£99512/240.2 mi-3
£90002/250.2 mi-3
£94512/240.28 mi-3
£1,80005/240.28 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS123
£1,20005/240.28 miGreen Hill Croft, Leeds, LS123
£90005/240.29 miChapel Lane, Armley, Leeds, LS123
£94503/250.32 mi-3
£2,50005/240.34 mi-3
£99502/240.35 mi-3
£1,20005/240.36 miWaveney Road, Leeds, West Yorkshire, LS123
£89505/240.37 miBrooklyn Street, Leeds, West Yorkshire, LS123
£1,02505/240.4 miModel Road, LEEDS3
£1,34504/250.41 mi-3
£1,24503/250.43 mi-3
£1,00006/240.45 miMd3
£89505/240.45 miGreenside Close, Leeds, West Yorkshire3
£89505/240.45 miGreenside Close, Leeds, West Yorkshire3
£92005/240.46 miEyres Mill Side, Leeds, West Yorkshire, LS123
£1,40004/250.47 mi-3
£1,10002/250.51 mi-3
£99502/250.51 mi-3
£99503/250.52 mi-3
£90005/240.52 miCecil Mount, Leeds, LS123
£92505/240.55 miArmley Ridge Road, Leeds, West Yorkshire, LS123
£95005/240.55 mi-3
£75005/240.55 miConference Place, Leeds, West Yorkshire, UK, LS123
£90005/240.55 miBarden Mount, Leeds, West Yorkshire, LS123
£92502/250.57 mi-3
£90003/250.58 mi-3
£1,05006/240.58 miKellett Walk, Wortley, Leeds3
£79503/240.59 miFirst Avenue, Armley, Leeds, LS123
£1,20012/240.59 mi-3
£95004/250.6 mi-3
£82505/240.6 mi8 Edinburgh Terrace, LS12 3RH3
£82505/240.6 mi8 Edinburgh Terrace, LS12 3RH3
£89505/240.62 miSwallow Avenue, Leeds, LS123

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.57 miles away

Nearest school

0.10 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £149,995

March 8, 2025

Listed for £154,995

February 14, 2025

Floor Plans

Description

  • Council Tax - A. EPC - +
  • NO CHAIN +
  • Central Wortley position, close to schools & amenities. +
  • Great commuter links. +
  • Enclosed gardens front & rear. +
  • Great potential +
  • Offers income potential +

GREAT OPPORTUNITY! Situated just 15 minutes from Leeds city centre, with excellent bus links and close to highly regarded schools, this three-bedroom home offers fantastic potential for modernisation. Perfect for first time buyers or investors. With a spacious kitchen/dining room, a generous lounge, and a great-sized rear garden, it’s an excellent opportunity to create your ideal home.

GREAT OPPORTUNITY! Situated just 15 minutes from Leeds city centre, with excellent bus links and close to highly regarded schools, this three-bedroom home offers fantastic potential for modernisation. Perfect for first time buyers or investors. With a spacious kitchen/dining room, a generous lounge, and a great-sized rear garden, it’s an excellent opportunity to create your ideal home. NO CHAIN

Location
Wortley offers excellent commuter routes into Leeds City Centre via the A647 & the B6154. The Armley Gyratory is nearby and gives major links to the motorway networks. There are local shops and amenities, with further amenities and a Railway Station in Bramley. Within a short drive major retail stores can be found along the Ring Road, with the White Rose Shopping Centre also closeby along with good schools.

Ground Floor
This three-bedroom home offers great potential for buyers looking to modernise and add their own touch. Great for first time buyers and investors. On the ground floor, the well-proportioned kitchen/dining room features shaker-style units, wood laminate worktops, a peninsula island, and a stainless steel sink. There is plumbing for a washing machine, under-stairs storage, and a door leading to the front garden. A window to the front aspect provides natural light. The lounge offers ample space for sofas, a gas fireplace, and a large window overlooking the rear garden.

First Floor
Upstairs, the first floor comprises two double bedrooms and a single bedroom. The master bedroom benefits from fitted wardrobes and a rear garden view, while the second double bedroom includes some fitted storage and a front-facing window. The third bedroom, suitable as a single room or home office, overlooks the rear garden. The shower room is tiled to wet areas, featuring a large walk-in shower with a glass screen, a vanity unit with wash basin, a WC, and a front-facing window.

Outside
Outside, the rear garden is a great size, mainly laid to lawn with fenced and walled boundaries. A stone-flagged path leads to a gated rear access point. The property also benefits from a small enclosed front courtyard and on-street parking. This home offers an excellent opportunity for renovation and modernisation, making it an ideal project for buyers looking to create their perfect space. Viewing is recommended to appreciate the potential!

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.

SERVICES - Disclosure of financial intrest
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.

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

Agent Details

Hardisty & Co, Horsforth

0113 519 3380

Next Steps?

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