2 Bed Flat, Single Let, Leeds, LS7 2FJ, £159,995

Potternewton Mount, Meanwood, LS7 2FJ - 2 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£77K - £425K
Sold Prices/m²£1.5K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£180,008
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,898

 

 

Cash Out

 

Rent Range

£625 - £1,820

Rent Estimate

£895

Running Costs/mo

£699

Cashflow/mo

£196

Cashflow/yr

£2,352

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £77K to £425K, average is £170K. £1.5K/m² to £8.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£77K04/210.4 mi25, Potternewton Court, Leeds, West Yorkshire LS7 3RW2
£97.5K07/230.44 mi31, Potternewton Heights, Leeds, West Yorkshire LS7 3DD2
£170K12/220.47 mi1, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£167.3K06/210.47 mi17, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£185K07/240.47 mi15, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£192K06/240.47 mi2, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB2
£112K08/210.49 mi1, Delph Court, Leeds, West Yorkshire LS6 2HL2
£115K07/210.49 mi2, Delph Court, Leeds, West Yorkshire LS6 2HL2
£185.9K03/210.59 mi68, Cliff Road, Leeds, West Yorkshire LS6 2EZ2
£205K01/240.62 mi14, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£255K09/220.62 mi12, Lime Grove, Leeds, West Yorkshire LS7 3PZ2
£235K03/210.63 miApartment 9, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£270K05/230.63 miApartment 17, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ2
£147K10/220.65 mi16, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£210K05/230.68 miFlat 3, Ivy Court, Church Lane, Chapel Allerton, Leeds, West Yorkshire LS7 4LY2
£142.5K05/230.68 mi5, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£125K04/210.68 mi19, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£125K03/210.68 mi32, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£120K02/230.68 mi2, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£130K05/210.68 mi42, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£145K08/230.68 mi23, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£155K07/240.68 mi25, Grosvenor Park Gardens, Leeds, West Yorkshire LS6 2PL2
£125K11/200.7 miFlat 33, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ2
£217K01/230.7 miFlat C, 81, Harrogate Road, Leeds, West Yorkshire LS7 3QE2
£165K12/220.7 miFlat B, 81, Harrogate Road, Leeds, West Yorkshire LS7 3QE2
£321K01/230.73 miFlat 1, Eltonhurst, St Marys Road, Leeds, West Yorkshire LS7 3JX2
£180K06/230.74 mi12, Garmont Road, Leeds, West Yorkshire LS7 3LY2
£182.5K04/240.75 mi4, First Floor Flat, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£174K03/210.75 miFirst Floor Flat, 4, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£160K09/220.75 mi41, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£235K06/210.75 mi15, Westfield Terrace, Leeds, West Yorkshire LS7 3QG2
£112K02/230.76 mi20, Eltham Gardens, Leeds, West Yorkshire LS6 2TX2
£132K08/210.77 mi3, Highbury Lane, Leeds, West Yorkshire LS6 4HF2
£140K12/200.78 mi72, West Hill Avenue, Leeds, West Yorkshire LS7 3RS2
£170K02/210.78 mi74, West Hill Avenue, Leeds, West Yorkshire LS7 3RS2
£180K09/230.78 mi9, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£157K04/210.78 mi11, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£150K01/210.78 mi7, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ2
£139K06/210.8 mi4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£139K10/220.8 miFlat, 4, Holborn Street, Leeds, West Yorkshire LS6 2QP2
£159.5K11/210.81 mi43, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£175K11/210.81 mi66, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£175K06/230.81 mi32, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£195K09/230.81 mi7, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£182.5K02/240.81 mi14, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ2
£171K06/210.83 mi22, Ashfield Park, Leeds, West Yorkshire LS6 2QT2
£425K03/240.83 mi21, Victoria Gardens, Hyde Park, Leeds, West Yorkshire LS6 1FH2
£190K09/220.84 miFlat 6, The Coach House Chapel Allerton Hall, King George Avenue, Chapel Allerton, Leeds, West Yorkshire LS7 4NP2
£170K08/230.84 mi7, Ashfield Park, Leeds, West Yorkshire LS6 2QT2
£255K12/220.84 miFlat 10, Linfield, Grove Road, Headingley, Leeds, West Yorkshire LS6 2AB2

Local Rents

39 rents from £625/mo to £1.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.02 mi-2
£97502/250.02 mi-2
£99506/240.02 miPotternewton Mount, Leeds, LS72
£99505/240.21 miMiles Hill Crescent, Chapel Allerton, Leeds2
£1,10003/250.25 mi-2
£93005/240.34 miMeanwood Road, Meanwood, Leeds2
£89505/240.39 miMeanwood Road, Leeds, LS72
£85001/250.39 mi-2
£1,10005/240.4 miStainbeck Road, Meanwood, Leeds, West Yorkshire, LS72
£1,00005/240.4 miStainbeck Road, LEEDS2
£1,19512/240.44 miSharp Mews, Meanwood, Leeds, LS62
£1,10005/240.46 miStonelea Court, Meanwood2
£1,05005/240.48 miStonelea Court, Meanwood, Leeds, LS72
£95005/240.48 miWensleydale Court, Stainbeck Lane, Chapel Allerton, Leeds, LS72
£1,17505/240.49 miStonegate Crescent, Meanwood2
£80005/240.49 miDelph Court, LS62
£1,10012/230.5 mi-2
£90005/240.5 miStainbeck Lane, Chapel Allerton, Leeds, West Yorkshire, LS72
£89505/240.5 miDelph Court, Woodhouse, Leeds, LS62
£79505/240.5 miWoodliffe Court, Chapel Allerton, Leeds2
£1,10002/250.51 mi-2
£1,30005/240.52 miBurchett Place, Leeds, West Yorkshire, LS62
£1,05005/240.52 miHartley Avenue, Woodhouse, Leeds2
£1,20005/240.54 miConcept, Chapel Allerton, Leeds2
£1,30006/240.54 miAllerton Hall Courtyard, Chapel Allerton, Leeds, LS72
£1,00005/240.55 miHartley Crescent, Leeds2
£1,15005/240.57 mi-2
£1,15003/250.57 mi-2
£1,20005/240.57 miScott Hall Grove, Leeds2
£1,10003/250.57 mi-2
£92505/240.58 miBentley Lane, Meanwood, LS62
£90002/240.58 mi-2
£90005/240.58 mi-2
£62503/250.59 mi-2
£1,05003/250.59 mi-2
£1,10005/240.6 miMethley Terrace, Chapel Allerton, Leeds, LS72
£1,82005/240.6 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£95010/230.62 miMontpelier Terrace, Leeds, West Yorkshire, LS62
£90012/240.62 miMontpelier Terrace, Leeds, West Yorkshire, LS62

Local Area Statistics

Population in LS7

29,112

Population in Leeds

635,166

Town centre distance

1.61 miles away

Nearest school

0.10 miles away

Nearest train station

1.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £159,995

February 20, 2025

Description

  • NO CHAIN +
  • TWO DOUBLE BEDROOM TOP FLOOR APARTMENT +
  • DESIGNATED PARKING +
  • OPEN PLAN LIVING +
  • BATHROOM SHOWER +
  • MODERN KITCHEN WITH INTEGRATED APPLIANCES +
  • IDEAL INVESTMENT/FIRST TIME BUY +

IDEAL FIRST TIME BUY/INVESTMENT PURCHASE - TWO BEDROOM TOP FLOOR APARTMENT - CONVENIENT LOCATION WITHIN WALKING DISTANCE TO MEANWOOD & CHAPEL ALLERTON - LIGHT & BRIGHT - OPEN PLAN LIVING/DINING KITCHEN WITH INTEGRATED APPLIANCES - BATHROOM WITH BATH AND SHOWER - TWO DOUBLE BEDROOMS - DESIGNATED PARKING

Situated on the top floor and accessed via entry phone the property has electric heating. Briefly comprising: Entrance hall, master bedroom, second bedroom (both which are doubles) open plan living/dining/kitchen which is a spacious bright area. House bathroom with shower and bath. Outside the property there is designated parking and mature planted communal grounds - INTERNAL VIEWING RECOMMENDED

Area Guide - This wonderful home is just minutes walking distance of Meanwood and its vibrant centre with bars, restaurants, shops, many beautiful woodland walks as well as David Lloyd gym and Moor Allerton shopping centre. Situated just a couple of minutes walk away from buses which run to Leeds centre and many other areas. The property is within the catchment area for many desirable primary and secondary schools.

Tenure - LEASEHOLD - 125 YEARS FROM 2008

Council Tax Band - TBC

Epc - The EPC graph (shown above) has been prepared by an external company on our behalf and is a document wherein we have no responsibility

Epc Rating - TBC

Viewings - Please ring us to make an appointment. We are open from 9am to 5.30pm Monday to Friday and 9am-1pm Saturday. Alternately, please feel free to leave us a voicemail out of hours with your information and we will call you back.

Fixtures And Fittings - NONE OF THE SERVICES OR FITTINGS AND EQUIPMENT HAVE BEEN TESTED AND NO WARRANTIES OF ANY KIND CAN BE GIVEN, ACCORDINGLY, PROSPECTIVE PURCHASERS SHOULD BEAR THIS IN MIND WHEN FORMULATING THEIR OFFERS.

THE SELLER DOES NOT INCLUDE IN THE SALE ANY CARPETS, LIGHT FITTINGS, FLOOR COVERINGS, CURTAINS, BLINDS, FURNISHINGS, ELECTRIC/GAS APPLIANCES (WHETHER CONNECTED OR NOT) OR ANY OTHER FIXTURES AND FITTINGS UNLESS EXPRESSLY MENTIONED IN THESE PARTICULARS AS FORMING PART OF THE SALE.

Measurements - MEASUREMENTS: DUE TO THE VARIATIONS AND TOLERANCES IN METRIC AND IMPERIAL MEASUREMENTS. MEASUREMENTS CONTAINED IN THE PARTICULARS MUST NOT BE RELIED UPON FOR ORDERING CARPETS/FURNITURE ETC.THE BOUNDARIES OF THE PROPERTY HAVE NOT BEEN VERIFIED FROM A DEED PLAN; PURCHASERS ARE ADVISED TO MAKE THEIR OWN ENQUIRIES FROM THEIR OWN SOLICITOR BEFORE EXCHANGE OF CONTRACTS.

Mobile Signal/Broadband Coverage - PLEASE CLICK ON THE FOLLOWING LINK TO ASSESS COVERAGE FOR THIS PROPERTY

Not Vendor Checked - Please note this brochure has not been vendor checked and is subject to alteration

Parking - The parking at the property is designated

Sewerage - THE PROPERTY IS MAINS CONNECTED

Company Info - Alan Cooke Estate Agents MW Ltd. Incorporated in England 8067460

Agent Details

Alan Cooke Sales & Lettings, Meanwood

0113 519 0915

Next Steps?

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