3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS5 3DJ, £240,000

Vickers Avenue, Kirkstall, LS5 3DJ - 2 views - 2 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 4%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£108K - £301K
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£209,577

 

 

End Value (After Refurb)

£235,563

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Refurb Costs

£37,139

Bridging Loan Interest

£6,300

Total Cash In

£113,589

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,563

Mortgage (After Refinance)

£176,672

Mortgage LTV

75%

Cash Left In

£113,589

Equity

£58,891

Rent Range

£800 - £2,995

Rent Estimate

£1,401

Running Costs/mo

£1,036

Cashflow/mo

£365

Cashflow/yr

£4,376

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £108K to £301K, average is £190.1K. £1.5K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£230K11/210.06 mi8, Victoria Park Avenue, Kirkstall, Leeds, West Yorkshire LS5 3DG3
£233K07/210.07 mi1, Beech Tree Avenue, Kirkstall, Leeds, West Yorkshire LS5 3BR3
£227.5K12/200.07 mi3, Beech Tree Avenue, Kirkstall, Leeds, West Yorkshire LS5 3BR3
£215K11/220.09 mi25, Kirkstall Avenue, Leeds, West Yorkshire LS5 3DW3
£199.9K02/210.11 mi26, Kirkstall Mount, Leeds, West Yorkshire LS5 3DS3
£245K06/210.13 mi65, Kirkstall Mount, Leeds, West Yorkshire LS5 3DP3
£245K06/210.13 mi65, Kirkstall Mount, Leeds, West Yorkshire LS5 3DP3
£223.2K09/230.13 mi50, Kirkstall Mount, Leeds, West Yorkshire LS5 3DP3
£228.6K02/240.15 mi12, Kirkstall Mount, Leeds, West Yorkshire LS5 3DT3
£190.2K11/220.16 mi31, Lancastre Avenue, Leeds, West Yorkshire LS5 3EA3
£225K03/230.18 mi12, Lancastre Avenue, Leeds, West Yorkshire LS5 3DU3
£228K10/230.21 mi9, Lancastre Grove, Leeds, West Yorkshire LS5 3DY3
£195K05/210.21 mi1a, Lancastre Grove, Leeds, West Yorkshire LS5 3DY3
£250K07/230.21 miLongcroft, 11, Lancastre Grove, Leeds, West Yorkshire LS5 3DY3
£235.5K12/220.22 mi25, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£190K11/210.23 mi29, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£185K05/210.23 mi4, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£125K03/210.24 mi10, Raynville Close, Leeds, West Yorkshire LS13 2RT3
£108.5K07/210.24 mi6, Raynville Close, Leeds, West Yorkshire LS13 2RT3
£131.5K07/230.24 mi3, Raynville Close, Leeds, West Yorkshire LS13 2RT3
£220K10/230.26 mi5, Paxton Court, Armley, Leeds, West Yorkshire LS12 2JU3
£245K10/230.26 mi3, Jude Court, Leeds, West Yorkshire LS13 2TB3
£190K10/220.28 mi77, Broadlea Terrace, Leeds, West Yorkshire LS13 2SG3
£161K06/210.31 mi9, Raynville Terrace, Leeds, West Yorkshire LS13 2RW3
£125K04/210.33 mi18, Musgrave View, Leeds, West Yorkshire LS13 2QN3
£192K05/230.33 mi20, Musgrave View, Leeds, West Yorkshire LS13 2QN3
£135K11/200.33 mi32, Musgrave View, Leeds, West Yorkshire LS13 2QN3
£149K12/200.33 mi20, Musgrave View, Leeds, West Yorkshire LS13 2QN3
£170K09/230.33 mi32, Musgrave View, Leeds, West Yorkshire LS13 2QN3
£181.5K07/210.34 mi27, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£160K05/210.34 mi26, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£154K04/210.34 mi20, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£220K03/230.35 mi10, Raynville Mount, Leeds, West Yorkshire LS13 2RN3
£142K06/230.35 mi29, Raynville Mount, Leeds, West Yorkshire LS13 2RN3
£140K11/200.37 mi40, Broadlea Crescent, Leeds, West Yorkshire LS13 2JS3
£200K01/240.37 mi6, Wensleydale Drive, Leeds, West Yorkshire LS12 2HU3
£128.5K12/200.38 mi82, Victoria Park Avenue, Bramley, Leeds, West Yorkshire LS13 2HP3
£165K01/230.38 mi140, Broad Lane, Leeds, West Yorkshire LS13 2JW3
£180K11/220.39 mi7, Wensleydale Drive, Leeds, West Yorkshire LS12 2HU3
£212.5K11/230.4 mi23, Victoria Park Avenue, Bramley, Leeds, West Yorkshire LS13 2RH3
£140.5K08/210.41 mi56, Musgrave Mount, Leeds, West Yorkshire LS13 2QL3
£170K03/230.41 mi22, Musgrave Mount, Leeds, West Yorkshire LS13 2QL3
£230K01/230.42 mi22, Houghley Close, Leeds, West Yorkshire LS13 2DS3
£118K10/200.43 mi16, Landseer Mount, Leeds, West Yorkshire LS13 2QZ3
£108K09/230.43 mi104, Outgang Lane, Leeds, West Yorkshire LS13 2QY3
£212.5K11/200.44 mi28, Fern Grove, Leeds, West Yorkshire LS5 3HY3
£186.4K11/200.44 mi32, Fern Grove, Leeds, West Yorkshire LS5 3HY3
£301K01/240.44 mi19, Tordoff Place, Leeds, West Yorkshire LS5 3RW3
£221.5K05/230.45 mi59, Church Street, Kirkstall, Leeds, West Yorkshire LS5 3HZ3
£173.5K02/210.45 mi25, Church Street, Kirkstall, Leeds, West Yorkshire LS5 3HZ3

Local Rents

31 rents from £800/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,28512/240.15 mi-3
£2,99505/240.15 mi-3
£2,75002/240.15 mi-3
£2,64912/240.15 mi-3
£2,34903/250.15 mi-3
£1,20004/250.25 mi-3
£99506/240.29 miRaynville Mount, Bramley, Leeds, LS133
£92505/240.32 miMusgrave View, LS13 2QN3
£80005/240.33 miMusgrave View, Bramley3
£1,07505/240.34 miWharfdale Close, Leeds3
£1,00005/240.36 mi-3
£1,20004/250.4 mi-3
£1,25004/250.45 mi-3
£95002/240.48 mi-3
£1,20005/240.48 mi-3
£1,20012/240.48 mi-3
£1,10006/240.48 miNorman View, Kirkstall, Leeds3
£1,23505/240.49 miNorman Grove, Leeds, West Yorkshire, LS53
£1,40006/240.5 miNorman View, Leeds3
£1,27505/240.51 miGlebe Avenue, Burley3
£1,27506/240.51 miGlebe Avenue, Burley3
£1,50005/240.51 miNorman Mount, Leeds, West Yorkshire, LS53
£1,23505/240.51 miNorman Grove, Kirkstall, LS5 3JH3
£1,40003/250.52 mi-3
£95005/240.54 mi-3
£1,15005/240.54 miDe Lacy Mount, Kirkstall, Leeds, LS53
£89011/240.56 mi-3
£1,80012/240.58 mi-3
£1,00002/240.59 mi-3
£1,20005/240.6 miArgie Avenue, Burley, Leeds3
£1,65005/240.61 miEden Gardens, Leeds, LS43

Local Area Statistics

Population in LS5

8,755

Population in Leeds

635,166

Town centre distance

2.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £240,000

February 19, 2025

Floor Plans

Description

  • CHAIN FREE +
  • THREE BEDROOM SEMI DETACHED +
  • THROUGH LOUNGE / DINER +
  • DRIVEWAY & GARAGE +
  • SUPERB OPPORTUNITY TO MODERNISE / EXTEND (subject to planning permission) +
  • POPULAR LOCATION +
  • EPC RATING:- D +
  • COUNCIL TAX BAND:- B +

Vickers Avenue, Kirkstall is nestled on a quiet cul-de-sac in a sought-after area, this much-loved three bedroom semi-detached home has been cherished for over 40 years. It offers an incredible opportunity for first-time buyers or families looking to create their dream space. With endless potential, this property is perfect for those with a vision to make it their own.

Key Features:
•Entrance Hallway: Welcoming and spacious.
•Through Lounge/Diner: A generous living area featuring a bay window, and connecting doors to the dining room, offering a versatile space.
•Kitchen: Overlooking the rear garden with a handy pantry and side door access.
•Three Generous Bedrooms: The main bedroom and bedroom three include fitted wardrobes, providing ample storage space.
•House Bathroom: Equipped with a shower over the bath, catering to all your family's needs.
•Front Garden & Driveway: The front garden is beautifully lawned with mature borders, while the driveway offers plenty of off-street parking, leading to a single garage.
•Rear Garden: Set over two tiers with a patio area and lawn, enclosed by a fence boundary. There is great potential to extend to the rear, as neighbouring properties have done, giving you the chance to add even more value to this home.

Endless Potential:
While this property requires some modernisation, it has been well-maintained and is ready to be transformed into your perfect family home.

Don’t miss out on this fantastic opportunity – book your viewing today!

Agent Details

Hunters, Horsforth

0113 519 4937

Next Steps?

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