2 Bed Terraced House, Refurb/BRRR, Leeds, LS9 7AZ, £90,000

Cowper Avenue, Leeds, West Yorkshire, LS9 7AZ - 19 views - 2 months ago

BTL
Refurb/BRRR
ROI: 9%
~68 m²

ValuationFair Value

Sold Prices£44K - £131.5K
Sold Prices/m²£633/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£89,459

 

 

End Value (After Refurb)

£91,428

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£26,979

Bridging Loan Interest

£2,363

Total Cash In

£57,492

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£91,428

Mortgage (After Refinance)

£68,571

Mortgage LTV

75%

Cash Released

£1,071

Cash Left In

£56,421

Equity

£22,857

Rent Range

£695 - £1,980

Rent Estimate

£907

Running Costs/mo

£487

Cashflow/mo

£420

Cashflow/yr

£5,039

ROI

9%

Gross Yield

12%

Local Sold Prices

50 sold prices from £44K to £131.5K, average is £96.5K. £633/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K10/230.03 mi15, Cowper Terrace, Leeds, West Yorkshire LS9 7BA2
£75K10/200.04 mi4, Cowper Mount, Leeds, West Yorkshire LS9 7BB2
£100K01/240.06 mi17, Darfield Road, Leeds, West Yorkshire LS8 5DQ2
£91K03/240.07 mi28, Darfield Avenue, Leeds, West Yorkshire LS8 5DF2
£53K03/210.08 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£110K03/230.08 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£109K03/230.08 mi31, Darfield Place, Leeds, West Yorkshire LS8 5DD2
£104K02/230.1 mi25, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£79K02/210.1 mi17, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£98K12/230.11 mi23, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£102K07/240.11 mi24, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£105K02/240.11 mi18, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£90K09/210.12 mi26, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£115K10/230.12 mi40, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£110K06/230.13 mi33, Berkeley Avenue, Leeds, West Yorkshire LS8 3RH2
£98K07/230.13 mi22, Strathmore Terrace, Leeds, West Yorkshire LS9 6AN2
£82K08/210.14 mi8, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£100K10/210.14 mi25, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£98K12/230.14 mi13, Strathmore Avenue, Leeds, West Yorkshire LS9 6AY2
£105K11/230.14 mi24, Broughton Terrace, Leeds, West Yorkshire LS9 6BA2
£110K10/230.15 mi82, Compton Road, Leeds, West Yorkshire LS9 6DG2
£88K02/230.15 mi26, Berkeley Grove, Leeds, West Yorkshire LS8 3RJ2
£103K10/230.15 mi34, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£120K11/210.15 mi26, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£82.5K06/210.15 mi19, Strathmore View, Leeds, West Yorkshire LS9 6AZ2
£80K12/220.16 mi33, Ashton View, Leeds, West Yorkshire LS8 5BS2
£92K04/210.16 mi17, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£94.8K03/210.16 mi13, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£74K10/230.17 mi6, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£44K10/210.17 mi10, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£102.5K12/220.17 mi53, Compton Crescent, Leeds, West Yorkshire LS9 6DQ2
£93K09/210.17 mi50, Compton Crescent, Leeds, West Yorkshire LS9 6DQ2
£97K08/240.17 mi42, Ashton Terrace, Leeds, West Yorkshire LS8 5BU2
£131.5K01/230.17 mi33, Ashton Avenue, Leeds, West Yorkshire LS8 5BX2
£95K03/230.17 mi9, Seaforth Avenue, Leeds, West Yorkshire LS9 6BE2
£88K08/210.17 mi16, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£80.8K01/230.17 mi25, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£83K08/210.17 mi22, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£115K01/230.17 mi38, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£75K11/200.18 mi7, Seaforth Grove, Leeds, West Yorkshire LS9 6AL2
£96K03/210.18 mi13, Ashton Place, Leeds, West Yorkshire LS8 5BP2
£91K04/230.18 mi21, Compton Crescent, Leeds, West Yorkshire LS9 6DH2
£90.5K10/230.18 mi15, Strathmore Street, Leeds, West Yorkshire LS9 6BG2
£105K03/240.18 mi4, Conway Grove, Leeds, West Yorkshire LS8 5HX2
£104K11/210.18 mi5, Conway Place, Leeds, West Yorkshire LS8 5HT2
£80K05/210.18 mi29, Conway Place, Leeds, West Yorkshire LS8 5HT2
£106K05/240.18 mi16, Berkeley Mount, Leeds, West Yorkshire LS8 3RN2
£90K12/220.19 mi61, Compton Row, Leeds, West Yorkshire LS9 6DN2
£102K12/220.19 mi70, Compton Row, Leeds, West Yorkshire LS9 6DN2
£94K01/210.19 mi98, Seaforth Road, Leeds, West Yorkshire LS9 6AJ2

Local Rents

50 rents from £695/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£80005/240.01 miFlorence Place, Leeds, West Yorkshire, LS92
£85005/240.08 miDarfield Place, Leeds, West Yorkshire2
£85005/240.08 miDarfield Place, Leeds, LS82
£85004/240.09 mi-2
£85005/240.11 miDarfield Crescent, Leeds, West Yorkshire, LS82
£80005/240.13 miConway View, Harehills, Leeds, West Yorkshire, LS82
£90005/240.15 miAshton View, Leeds, West Yorkshire, LS82
£70011/240.16 mi-2
£72405/240.16 miCompton Avenue, Harehills, LS92
£85001/250.17 mi-2
£92505/240.17 mi-2
£82502/240.18 mi-2
£80004/250.18 mi-2
£95005/240.18 miStrathmore Street, LS92
£85005/240.19 miConway Grove, Leeds, West Yorkshire, LS82
£69505/240.19 miStrathmore Terrace, Leeds, West Yorkshire, LS92
£79904/250.19 mi-2
£85006/240.2 miStanley Road, Leeds, LS92
£75006/240.2 miStrathmore Street, Leeds, LS92
£89504/250.21 mi-2
£90002/250.21 mi-2
£71502/240.22 mi-2
£70005/240.23 miBerkley Street, LS82
£1,95012/240.23 mi-2
£1,98002/250.23 mi-2
£1,98004/250.23 mi-2
£80002/240.24 miBerkeley View, Leeds, West Yorkshire2
£75001/250.24 mi-2
£80003/250.24 mi-2
£85005/240.26 miBrownhill Avenue, Harehills, Leeds, LS92
£85005/240.26 miBrownhill Avenue Leeds2
£1,10004/240.27 mi-2
£1,12006/240.28 mi-2
£1,31601/250.28 mi-2
£90006/240.28 miBexley Terrace, Leeds2
£75005/240.29 miBrownhill Crescent, Leeds, West Yorkshire, LS92
£85005/240.3 miBayswater Place, Leeds, West Yorkshire, LS82
£99502/250.3 mi-2
£94002/240.31 miBexley Terrace, Leeds2
£80005/240.32 miClifton Avenue, Leeds2
£1,15004/250.33 mi-2
£87505/240.33 miClifton Avenue, Leeds, West Yorkshire, LS92
£89503/250.33 mi-2
£90001/250.34 mi-2
£90003/250.34 mi-2
£85006/240.34 miClifton Avenue, Harehills, Leeds2
£79505/240.35 mi35 Clifton Grove, Leeds, LS9 6EW2
£90012/240.36 mi-2
£90006/240.36 miEdgware Avenue, Leeds, LS82
£87502/250.36 mi-2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.86 miles away

Nearest school

0.20 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £90,000

February 21, 2025

Floor Plans

Description

  • 2 bed back to back +
  • In need of refubishment +
  • No chain +
  • Great FTB buyer or buy to let investent +

2-Bedroom Back-to-Back Property which deal Investment or First-Time Buy

A fantastic opportunity for first-time buyers or investors, this two-bedroom back-to-back property is in need of refurbishment, offering great potential to add value and create a stylish home.

The property comprises a spacious lounge, a separate kitchen, two bedrooms, and a bathroom, providing a practical layout ready for modernisation.

Externally, there is a small front garden, adding a touch of outdoor space.

Located in a convenient area with easy access to local amenities and transport links, this property is perfect for those looking to put their own stamp on a home or secure a solid investment opportunity.

Offered with no onward chain and early viewing recommended!

Agent Details

Bridgfords, Leeds

0113 519 5202

Next Steps?

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