2 Bed Terraced House, Refurb/BRRR, Leeds, LS12 4SN, £135,000

98 Lower Wortley Road, Leeds, LS12 4SN - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
79 m²
+7 photos

ValuationFair Value

Sold Prices£76.5K - £232.5K
Sold Prices/m²£854/m² - £3.7K/m²

 

 

Square Metres

79 m²
Price/m²£1.7K/m²

Value Estimate

£135,000

 

 

End Value (After Refurb)

£177,497

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Refurb Costs

£31,260

Bridging Loan Interest

£3,544

Total Cash In

£78,454

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£177,497

Mortgage (After Refinance)

£133,123

Mortgage LTV

75%

Cash Released

£31,873

Cash Left In

£46,581

Equity

£44,374

Rent Range

£675 - £1,900

Rent Estimate

£800

Running Costs/mo

£735

Cashflow/mo

£65

Cashflow/yr

£784

ROI

1%

Gross Yield

7%

Local Sold Prices

50 sold prices from £76.5K to £232.5K, average is £137.5K. £854/m² to £3.7K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£164K12/220.05 mi21, Western Road, Leeds, West Yorkshire LS12 4SP2
£135K03/240.15 mi11, Dixon Lane Road, Leeds, West Yorkshire LS12 4RU2
£135K06/210.17 mi1, Greentop Gardens, Leeds, West Yorkshire LS12 4HD2
£133K12/200.18 mi4, Langton Green, Leeds, West Yorkshire LS12 4EJ2
£172K12/220.19 mi181, Lower Wortley Road, Leeds, West Yorkshire LS12 4PU2
£140K12/200.19 mi175, Lower Wortley Road, Leeds, West Yorkshire LS12 4PU2
£142K09/210.2 miBalks Lodge, Walkers Lane, Leeds, West Yorkshire LS12 4AF2
£152K10/230.24 mi5, Forster Mews, Lower Wortley, Leeds, West Yorkshire LS12 4EL2
£126K11/200.24 mi2, Forster Mews, Lower Wortley, Leeds, West Yorkshire LS12 4EL2
£188K10/210.34 mi26, Leysholme Crescent, Leeds, West Yorkshire LS12 4HJ2
£145K05/210.34 mi66, Leysholme Crescent, Leeds, West Yorkshire LS12 4HJ2
£150K08/210.35 mi9, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP2
£170K09/210.35 mi5, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP2
£232.5K08/210.35 mi12, Chestnut Gardens, Leeds, West Yorkshire LS12 4LP2
£155K10/210.37 mi171, Blue Hill Lane, Leeds, West Yorkshire LS12 4PD2
£141K06/210.37 mi177, Blue Hill Lane, Leeds, West Yorkshire LS12 4PD2
£195K12/230.37 mi157, Blue Hill Lane, Leeds, West Yorkshire LS12 4PD2
£130K02/210.41 mi34, Hardrow Road, Leeds, West Yorkshire LS12 4BX2
£160K04/220.42 mi69a, Upper Wortley Road, Leeds, West Yorkshire LS12 4JN2
£122K06/230.43 mi12, Branch Place, Leeds, West Yorkshire LS12 5PT2
£115K11/200.43 mi3, Highfield Avenue, Leeds, West Yorkshire LS12 4BU2
£142K04/210.43 mi25, Kirkdale View, Leeds, West Yorkshire LS12 6AR2
£145K12/200.44 mi139, Blue Hill Lane, Leeds, West Yorkshire LS12 4NX2
£147K03/210.44 mi115, Blue Hill Lane, Leeds, West Yorkshire LS12 4NX2
£126K02/210.45 mi4, Highfield Crescent, Leeds, West Yorkshire LS12 4DA2
£141.8K03/210.46 mi6, Hardrow Green, Leeds, West Yorkshire LS12 4UB2
£175K08/230.46 mi6, Hardrow Green, Leeds, West Yorkshire LS12 4UB2
£119K03/210.47 mi3, Branch Road, Lower Wortley, Leeds, West Yorkshire LS12 5NR2
£134.1K03/210.47 mi27, Kirkdale Mount, Leeds, West Yorkshire LS12 6AZ2
£140K04/210.47 mi6, Highfield Garth, Leeds, West Yorkshire LS12 4UA2
£127.5K08/210.48 mi14, Malmesbury Place, Leeds, West Yorkshire LS12 4BH2
£135K11/210.49 mi48, Granny Lane, Leeds, West Yorkshire LS12 4TZ2
£140K06/230.49 mi50, Granny Lane, Leeds, West Yorkshire LS12 4TZ2
£195K10/220.51 mi12, Kirkdale Terrace, Leeds, West Yorkshire LS12 6BA2
£107.5K06/210.52 mi46, Oldfield Street, Leeds, West Yorkshire LS12 4EF2
£120K03/230.53 mi11, Roderick Street, Leeds, West Yorkshire LS12 4NE2
£130K08/210.53 mi29, Cliffe Park Drive, Leeds, West Yorkshire LS12 4XG2
£130K02/210.53 mi19, Cliffe Park Drive, Leeds, West Yorkshire LS12 4XG2
£135K01/240.54 mi26, Roseneath Terrace, Leeds, West Yorkshire LS12 4DZ2
£130K08/230.54 mi7, Roseneath Terrace, Leeds, West Yorkshire LS12 4DZ2
£124.5K12/200.55 mi2, Evelyn Place, Leeds, West Yorkshire LS12 4DT2
£101.7K02/210.55 mi173, Tong Road, Leeds, West Yorkshire LS12 4NA2
£126K07/210.56 mi24, Cliffe Park Rise, Leeds, West Yorkshire LS12 4XF2
£88K04/210.56 mi10, Cobden Avenue, Leeds, West Yorkshire LS12 5PB2
£76.5K02/210.56 mi1, Cobden Avenue, Leeds, West Yorkshire LS12 5PB2
£160K03/240.58 mi29, Tavistock Mews, Leeds, West Yorkshire LS12 4DQ2
£103K11/200.58 mi7, Pinder Street, Leeds, West Yorkshire LS12 5LH2
£170K04/230.6 mi8, Tavistock Way, Leeds, West Yorkshire LS12 4DR2
£160K11/230.62 mi5, Butterbowl Road, Leeds, West Yorkshire LS12 5JE2
£128K07/210.64 mi23, Addingham Gardens, Leeds, West Yorkshire LS12 3TJ2

Local Rents

36 rents from £675/mo to £1.9K/mo, average is £843/mo.

RentDateDistanceAddressBeds 
£75006/240.04 miWestern Mount, Leeds, LS12 4SU2
£82505/240.11 miLower Wortley Road, Wortley, Leeds2
£1,10002/250.21 mi-2
£1,10006/240.22 miE Cliff House, 8 Cliff Oaks, Fawcett Lane, Leeds, West Yorkshire2
£1,25005/240.24 miFawcett Lane, Leeds2
£80002/240.3 mi-2
£80005/240.3 mi-2
£75005/240.33 miWhitehall Drive, Leeds, West Yorkshire2
£75004/250.35 mi-2
£1,20005/240.35 miAshley Green, Wortley, Leeds2
£79505/240.35 miWhitehall Road, Lower Wortley2
£99503/250.37 mi-2
£70005/240.38 miWhitehall Green, Leeds, West Yorkshire2
£1,10004/250.4 mi-2
£1,90005/240.41 miSpringwell Gardens, Whitehall Road, Leeds, West Yorkshire, LS122
£75006/240.43 miBangor Street, Lower Wortley, Leeds, LS12 5PN2
£67505/240.43 miWhitehall Road, Farnley, Leeds2
£82505/240.45 miLytham Place, Leeds2
£85005/240.46 miHighfield Avenue, Wortley, Leeds2
£77505/240.47 miHighfield Garth, Leeds, West Yorkshire, LS122
£75005/240.49 miHighfield Avenue, Leeds, LS122
£85005/240.51 miToft Street, LEEDS2
£97505/240.52 miBlue Hill Crescent, Leeds2
£92505/240.52 miBlue Hill Crescent, Leeds2
£75005/240.53 miWhitstable Mews, Lower Wortley, Leeds, LS122
£1,00012/240.53 mi-2
£80002/250.53 mi-2
£80004/250.55 mi-2
£87505/240.56 mi-2
£88003/250.57 mi-2
£88004/250.57 mi-2
£95005/240.57 mi-2
£95005/240.57 miTavistock Close, Leeds, LS122
£83505/240.57 miTavistock Mews, Leeds, West Yorkshire, LS122
£69505/240.59 miSteel Green, New Farnley, Leeds2
£1,05002/240.62 mi-2

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

1.92 miles away

Nearest school

0.30 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £135,000

February 24, 2025

Description

  • Two Bedroom End Town House +
  • Hallway, Living Room, Fitted Dining Kitchen +
  • Two Bedrooms +
  • Bathroom, Separate WC +
  • Ample Storage +
  • CH & DG +
  • Gardens +
  • Ideal for a Landlord / FTB +
  • Early Viewing Advised +
  • EPC Rating: D +

* CHAIN FREE !!! * * TWO DOUBLE BEDROOMS * * DOUBLE GLAZING & CENTRAL HEATING * * IDEAL FOR A FTB / LANDLORD * * GARDENS * * SOME MODERNISATION REQUIRED * * POPULAR LOCATION * * EARLY INTERNAL VIEWING ADVISED *

Early internal viewing is highly advised for this GOOD SIZED TWO BEDROOM end town now chain free, The house is situated amongst similar style properties in the popular residential location of Wortley. The property is ideal located for access to shops, schools, Leeds City Centre and the motorway networks.

Briefly throughout the property comprises of an ENTRANCE HALLWAY with stairs rising to the first floor, a LIVING ROOM with French doors opening onto the gardens, FITTED DINING KITCHEN with an ample range of cabinets and space for a dining table and chairs, TWO DOUBLE BEDROOMS, a BATHROOM and a SEPARATE WC.

Externally the property has a good sized GARDEN to the front.
98 Lower Wortley Road would be an ideal purchase for a variety of buyers including FTB / LANDLORDS / INVESTORS (possible rental income £800.00 pcm). Early internal viewing is highly recommended and can be arranged by contacting the office. EPC Rating: D

Ground Floor: -

Entrance Hallway: - Access via a part glazed front entrance door, two storage cupboards, stairs rising to the first floor, under-stairs area with plumbing for an automatic washing machine

Living Room: - Double glazed French doors opening onto the front garden, television point, central heating radiator

Fitted Dining Kitchen: - Double glazed window, a range of fitted wall drawer & base units, work surfaces, display cabinets, cooker point, space for a fridge / freezer, an inset 1 ¼ bowl stainless steel sink and drainer, dining area, central heating radiator

First Floor: -

Landing: - Access to the first floor accommodation and to the loft space, double glazed window, storage cupboard

Bedroom One: - Double glazed window, central heating radiator

Bedroom Two: - Double glazed window, central heating radiator

Bathroom: - Double glazed window, panelled bath, wash basin, central heating radiator

Separate Wc: - Double glazed window, low flush WC

To The Outside: -

Gardens: - There is a large lawn area to the front of the property

Epc Link: -

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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