3 Bed Flat, Single Let, Leeds, LS9 8BF, £110,000

Apartment G03 East Point, East Street, Leeds, West Yorkshire, LS9 8BF - a month ago

Leasehold

Auction

BTL

ROI: 14%

~111 m²

+8 photos

ValuationUndervalued

Sold Prices	£75K - £355K
Sold Prices/m²	£818/m² - £3.8K/m²

Square Metres	~111 m²
Price/m²	£991/m²
Value Estimate	£132,000£132,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£6,700£6,700
Total Cash In	£34,200£34,200

Cash Out
Rent Range	£850 - £3,500£850 - £3,500
Rent Estimate	£959
Running Costs/mo	£556£556
Cashflow/mo	£403£403
Cashflow/yr	£4,841£4,841
ROI	14%14%
Gross Yield	10%10%

Local Sold Prices

23 sold prices from £75K to £355K, average is £187K. £818/m² to £3.8K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£355K	10/20	0.1 mi	23, Turlow Court, Leeds, West Yorkshire LS9 8PA	£2,773	128	3	Flat
£230K	10/22	0.49 mi	45a, Mabgate, Leeds, West Yorkshire LS9 7DB	£1,716	134	3	Flat
£180K	10/23	0.62 mi	105, Pontefract Lane, Leeds, West Yorkshire LS9 9HW	-	-	3	Flat
£157.8K	03/21	1.23 mi	17, Marlborough Grange, Leeds, West Yorkshire LS1 4PF	£1,667	95	3	Flat
£187K	09/21	2.46 mi	Flat 13, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ	-	-	3	Flat
£265K	11/20	2.48 mi	10, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP	£3,786	70	3	Flat
£87K	07/23	2.51 mi	14, Newhall Gate, Leeds, West Yorkshire LS10 3RZ	£989	88	3	Flat
£75K	07/23	2.51 mi	12, Newhall Gate, Leeds, West Yorkshire LS10 3RZ	£818	92	3	Flat
£187.5K	11/23	2.52 mi	19, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB	£2,435	77	3	Flat
£185K	03/24	2.53 mi	8, Oakwood Court, Leeds, West Yorkshire LS8 2PQ	£2,202	84	3	Flat
£155K	08/21	2.55 mi	6, Newton Court, Leeds, West Yorkshire LS8 2PH	£1,854	84	3	Flat
£176K	04/23	2.55 mi	27, Newton Court, Leeds, West Yorkshire LS8 2PH	-	-	3	Flat
£290K	05/21	2.56 mi	3 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD	-	-	3	Flat
£210K	11/22	2.56 mi	15, Newton Court, Leeds, West Yorkshire LS8 2PH	-	-	3	Flat
£185K	12/22	2.56 mi	11, Newton Court, Leeds, West Yorkshire LS8 2PH	-	-	3	Flat
£212.5K	03/23	2.58 mi	41, Barnbrough Street, Leeds, West Yorkshire LS4 2QY	£2,285	93	3	Flat
£305K	10/22	2.6 mi	Apartment 8, The Hall, Allerton Hill, Chapel Allerton, Leeds, West Yorkshire LS7 3NZ	-	-	3	Flat
£122K	06/21	2.82 mi	34, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN	£2,259	54	3	Flat
£158K	12/21	2.88 mi	8, Castle Lodge Square, Rothwell, Leeds, West Yorkshire LS26 0ZG	£2,359	67	3	Flat
£161K	04/21	2.94 mi	3, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ	£2,556	63	3	Flat
£193K	01/21	2.94 mi	58, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ	£3,164	61	3	Flat
£280K	12/20	2.95 mi	14, Rokeby Gardens, Leeds, West Yorkshire LS6 3JZ	£1,761	159	3	Flat
£200K	06/23	2.98 mi	40, Park Edge Close, Leeds, West Yorkshire LS8 2LP	£2,273	88	3	Flat

Local Rents

46 rents from £850/mo to £3.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	05/24	0.01 mi	East Point, East Street, Leeds, LS9	3	Flat
£1,100	12/24	0.01 mi	-	3	Flat
£1,250	05/24	0.01 mi	G01 East Point	3	Flat
£1,500	05/24	0.1 mi	Turlow Court	3	Flat
£1,200	05/24	0.22 mi	Richmond Hill Close, Leeds	3	Detached House
£1,870	05/24	0.24 mi	St Cecila Street, Leeds	3	Flat
£1,870	05/24	0.24 mi	St Cecila Street, Leeds	3	Flat
£1,885	03/24	0.25 mi	Cromwell Court, Brewery Wharf, Leeds, UK, LS10	3	Flat
£1,870	05/24	0.33 mi	St Cecilia Street , Leeds, West Yorkshire, LS2	3	Flat
£1,870	05/24	0.33 mi	St Cecilia Street , Leeds, West Yorkshire, LS2	3	Flat
£1,810	12/24	0.33 mi	Soyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS2	3	Flat
£1,860	12/24	0.33 mi	Soyo Square, St. Cecilia Street, Leeds, West Yorkshire, LS2	3	Flat
£1,175	05/24	0.34 mi	Spring Close Avenue, LEEDS	3	House
£1,800	12/24	0.35 mi	-	3	Terraced House
£2,530	12/24	0.36 mi	New York Square, Quarry Hill	3	Flat
£1,750	05/24	0.38 mi	Simpsons Fold West, 22 Dock Street, Leeds City Centre, LS10	3	Flat
£2,485	05/24	0.38 mi	New York Square, Quarry Hill, Leeds LS2	3	Flat
£2,530	05/24	0.38 mi	New York Square, SOYO, Leeds, West Yorkshire, LS2 7BT	3	Flat
£2,530	12/24	0.38 mi	New York Square, Quarry Hill, Leeds LS2	3	Flat
£2,530	12/24	0.38 mi	New York Square, SOYO, Leeds, West Yorkshire, LS2 7BT	3	Flat
£1,500	05/24	0.39 mi	Easy Road, Richmond Hill, Leeds, West Yorkshire, LS9	3	Semi-Detached House
£2,435	05/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£3,035	05/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£2,530	12/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£2,755	05/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£2,980	05/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£3,035	12/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£2,980	12/24	0.39 mi	New York Square, Leeds, LS2	3	Flat
£1,000	05/24	0.42 mi	Hall Place, Leeds, West Yorkshire, LS9	3	Semi-Detached House
£995	02/25	0.42 mi	-	3	Terraced House
£2,350	05/24	0.43 mi	-	3	Flat
£2,350	05/24	0.43 mi	Waterloo Street, Leeds, LS10	3	Flat
£1,100	02/25	0.45 mi	-	3	Flat
£900	01/24	0.48 mi	-	3	Terraced House
£3,500	05/24	0.51 mi	-	3	Flat
£1,700	05/24	0.53 mi	Blayds Yard, Lower Briggate,Leeds	3	Flat
£1,250	12/24	0.56 mi	-	3	Semi-Detached House
£1,300	12/24	0.58 mi	-	3	Terraced House
£1,100	02/25	0.59 mi	-	3	Terraced House
£1,095	03/25	0.61 mi	-	3	Terraced House
£850	05/24	0.61 mi	Glensdale Street, Leeds	3	Terraced House
£2,100	05/24	0.61 mi	Crispin Lofts, New York Road, Leeds, West Yorkshire, LS2	3	Flat
£2,500	05/24	0.62 mi	Lower Brunswick Street, Leeds, LS2	3	Flat
£2,500	12/24	0.62 mi	-	3	Terraced House
£2,300	12/24	0.62 mi	-	3	Terraced House
£2,350	12/24	0.62 mi	Crispin Lofts, New York Road, Leeds, West Yorkshire, LS2	3	Flat

Local Area Statistics

Population in LS9	37,37637,376
Population in Leeds	635,166635,166
Town centre distance	1.15 miles away1.15 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.69 miles away0.69 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+39%+39%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Price changed to £110,000

March 20, 2025

Listed for £125,000

February 20, 2025

Floor Plans

Description

Please refer to auctioneer for more information Guide Price = **£110,000+

For Sale By Public Auction 20th March 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack

A Ground Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £17,400 Per Annum

**Tenure
Leasehold. The property is held on a 250 year lease from 26th February 2015 (thus approximately 240 years unexpired).

Location
The property is situated on a residential road close to Leeds Dock. The open spaces of the Trans Pennine Trail Canal Path are within easy reach. Transport links are provided by Leeds rail station.

Description
The property comprises a ground floor three bedroom flat situated within a purpose built block arranging over ground and four upper floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Three Bedrooms (One with En-Suite)
Bathroom
Utility Room

G.I.A Approximately Measuring 111 sq m / 1,200 sq ft

Exterior
The property benefits from allocated parking and a communal roof terrace.

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 24th January 2025 at a rent of £1,450 per calendar month.

EPC Rating
D

Viewing Appointments to be Confirmed

Wednesday 12 March 11:00 - 11:30
Saturday 15 March 11:00 - 11:30

Addendum
For the avoidance of doubt, the property is tenanted and not as previously stated.

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.