3 Bed Terraced House, Refurb/BRRR, Leeds, LS10 4NN, £110,000

Padstow Place, Leeds, LS10 4NN - 2 views - a month ago

Auction
Refurb/BRRR
ROI: 5%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£90K - £250K
Sold Prices/m²£1.1K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£111,100

 

 

End Value (After Refurb)

£188,447

Uplift in Value

+71%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£37,139

Bridging Loan Interest

£2,888

Total Cash In

£75,977

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£188,447

Agent Fees (1%)

£1,884

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£28,086

Local Sold Prices

50 sold prices from £90K to £250K, average is £145.5K. £1.1K/m² to £3.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£165K11/230.09 mi5, Bodmin Street, Leeds, West Yorkshire LS10 4NF3
£115K03/210.13 mi211, Bodmin Crescent, Leeds, West Yorkshire LS10 4NE3
£125K04/240.13 mi207, Bodmin Crescent, Leeds, West Yorkshire LS10 4NE3
£150K11/220.19 mi4, Middleton Park Grove, Leeds, West Yorkshire LS10 4BQ3
£155K01/240.19 mi56, Middleton Park Grove, Leeds, West Yorkshire LS10 4BQ3
£90K01/210.19 mi12, Helston Walk, Leeds, West Yorkshire LS10 4PU3
£146K10/220.2 mi103, Sissons Road, Leeds, West Yorkshire LS10 4LW3
£160K11/210.21 mi143, Middleton Park Road, Leeds, West Yorkshire LS10 4LZ3
£214K01/230.22 mi165, Middleton Park Road, Leeds, West Yorkshire LS10 4LZ3
£137K12/220.22 mi19, Sissons Grove, Leeds, West Yorkshire LS10 4LG3
£141K02/230.22 mi14, Sissons Grove, Leeds, West Yorkshire LS10 4LG3
£154K01/230.26 mi15, Sissons View, Leeds, West Yorkshire LS10 4LJ3
£122K07/230.26 mi11, Sissons View, Leeds, West Yorkshire LS10 4LJ3
£177.5K01/210.27 mi128, Middleton Park Road, Leeds, West Yorkshire LS10 3SD3
£120K10/200.28 mi56, Sissons Terrace, Leeds, West Yorkshire LS10 4LH3
£140K09/210.28 mi47, Helston Road, Leeds, West Yorkshire LS10 4PD3
£160K06/230.29 mi68, Middleton Park Grove, Leeds, West Yorkshire LS10 4BG3
£119.2K06/210.31 mi5, Acre Road, Leeds, West Yorkshire LS10 4LF3
£245K11/230.31 mi24, West Farm Avenue, Leeds, West Yorkshire LS10 3SQ3
£245K11/230.31 mi24, West Farm Avenue, Leeds, West Yorkshire LS10 3SQ3
£175K07/230.34 mi90, Sissons Crescent, Leeds, West Yorkshire LS10 4LL3
£137.5K11/230.34 mi82, Sissons Crescent, Leeds, West Yorkshire LS10 4LL3
£90K04/210.35 mi56, Sissons Crescent, Leeds, West Yorkshire LS10 4LL3
£105K01/210.35 mi32, Middleton Park Avenue, Leeds, West Yorkshire LS10 4HP3
£180K03/240.35 mi26, Middleton Park Avenue, Leeds, West Yorkshire LS10 4HP3
£150K04/230.4 mi34, Helston Road, Leeds, West Yorkshire LS10 4PF3
£245K09/230.42 mi9, St Philips Avenue, Leeds, West Yorkshire LS10 3SJ3
£127K05/210.42 mi25, Middleton Park Terrace, Leeds, West Yorkshire LS10 4BE3
£137K12/210.42 mi4, Middleton Park Terrace, Leeds, West Yorkshire LS10 4BE3
£188K03/230.43 mi24, Middleton Park Terrace, Leeds, West Yorkshire LS10 4BE3
£187K02/230.45 mi105, Middleton Park Grove, Leeds, West Yorkshire LS10 4BD3
£109K11/230.45 mi5, Throstle Row, Leeds, West Yorkshire LS10 4JN3
£110K03/210.45 mi22, Throstle Avenue, Leeds, West Yorkshire LS10 4JJ3
£185K04/240.48 mi54, The Gardens, Middleton, Leeds, West Yorkshire LS10 4UG3
£130K05/230.48 mi19, Thorpe Road, Leeds, West Yorkshire LS10 4AZ3
£130K10/200.51 mi4, Middleton Park Crescent, Leeds, West Yorkshire LS10 4BW3
£207.5K11/200.55 mi7, Moor Flatts Avenue, Leeds, West Yorkshire LS10 3SS3
£225K09/230.55 mi7, Moor Flatts Avenue, Leeds, West Yorkshire LS10 3SS3
£182K12/230.55 mi159, Middleton Park Grove, Leeds, West Yorkshire LS10 4BN3
£182K12/230.55 mi159, Middleton Park Grove, Leeds, West Yorkshire LS10 4BN3
£100K11/210.56 mi37, Throstle Lane, Leeds, West Yorkshire LS10 4EY3
£139.3K12/200.57 mi79, Acre Road, Leeds, West Yorkshire LS10 4EG3
£140K10/230.59 mi17, Thorpe Street, Leeds, West Yorkshire LS10 4HD3
£145K03/210.6 mi10, Thorpe Garth, Leeds, West Yorkshire LS10 4QD3
£144K08/210.6 mi5, Thorpe Garth, Leeds, West Yorkshire LS10 4QD3
£149K01/230.6 mi12, Thorpe Garth, Leeds, West Yorkshire LS10 4QD3
£125K05/210.6 mi48, Acre Road, Leeds, West Yorkshire LS10 4EF3
£250K05/240.64 mi14, North Lingwell Road, Leeds, West Yorkshire LS10 3SR3
£210K01/210.65 mi44, North Lingwell Road, Leeds, West Yorkshire LS10 3SR3
£125K04/240.65 mi74, Acre Road, Leeds, West Yorkshire LS10 4DG3

Local Rents

32 rents from £875/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.21 mi-3
£87505/240.36 miMiddleton Park Circus3
£95012/240.45 miThrostle Row, Leeds, West Yorkshire3
£1,10005/240.45 mi-3
£92505/240.46 miWensley Lawn Middleton Leeds LS10 4UE3
£95002/250.51 mi-3
£1,02512/240.6 mi-3
£1,02501/250.6 mi-3
£95001/250.75 mi-3
£1,50003/250.75 mi-3
£1,12505/240.77 miMarkington Place, LEEDS3
£1,00012/240.77 mi-3
£1,10005/240.87 miThrostle Terrace, Middleton, Leeds3
£95005/240.88 miThe Canter, Leeds, West Yorkshire, LS103
£1,35003/240.9 miWaggon Road, Leeds, West Yorkshire, LS103
£1,10005/240.9 miThrostle Road, Middleton3
£1,35003/250.91 mi-3
£1,39505/240.91 miAlbert Rise, Morley, Leeds, West Yorkshire, LS273
£1,30002/250.91 mi-3
£1,20003/250.91 mi-3
£2,60003/250.98 mi-3
£99501/241.01 mi-3
£99505/241.01 mi-3
£1,25005/241.03 miScatcherd Mews, Morley, Leeds, West Yorkshire, LS273
£98001/241.05 mi-3
£1,15005/241.11 miBoulevard Rise, Leeds3
£1,45001/251.13 mi-3
£1,23009/231.13 mi-3
£1,10002/251.19 mi-3
£1,20011/241.2 mi-3
£1,15004/241.23 mi-3
£1,29002/241.23 mi-3

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

3.80 miles away

Nearest school

0.10 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £110,000

March 1, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Three bedroom mid terrace accommodation +
  • No onward chain +
  • In need of some modernisation +
  • Gardens to both front and rear +

SUMMARY
SOLD VIA MODERN METHOD of AUCTION PERFECT INVESTMENT opportunity, NO ONWARD CHAIN, THREE bedroom MID TERRACE property, in need of some modernisation, having a SPACIOUS LIVING ROOM, SEPARATE KITCHEN, WET ROOM and GARDENS to both front and rear.

DESCRIPTION
Offered for sale with NO ONWARD CHAIN is this THREE bedroom MID TERRACE home, situated in Leeds 10 and having easy access to local amenities. The property does require some modernisation but will make a perfect investment opportunity or first time buy and briefly comprises of: Entrance hall, kitchen, spacious living room with French doors leading out to the rear garden, three first floor bedrooms and wet room., Externally the property has gardens to both front and rear. Please note the property is of non-standard construction.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Please Note: 
The property is of non-standard construction (Laing Easy Form) and is ftted with solar panels, for more information please contact the agent.

Entrance Hall 
Single glazed door to the front, gas central heating radiator, storage cupboard, stairs leading to the first floor landing and door leading into the kitchen.

Kitchen 18' 4" x 9' 5" ( 5.59m x 2.87m )
Has a fitted kitchen with a range of wall and base mounted units with work surfaces over, incorporating sink with mixer tap, space for appliances, fitted extractor fan, gas central heating radiator, single glazed door and window to the rear and door leading into the living room.

Living Room 22' 3" x 10' 8" ( 6.78m x 3.25m )
A spacious sized room with uPVC double glazed window to the front, two gas central heating radiators, electric fire and uPVC double glazed French doors leading out to the rear garden.

First Floor Landing 
Cupboard housing the gas central heating boiler, loft access and access to all three bedrooms and the house bathroom.

Loft 
Has power and lighting, part boarded.

Bedroom One 10' 10" x 10' ( 3.30m x 3.05m )
uPVC double glazed window to the front, gas central heating radiator and storage cupboard.

Bedroom Two 
uPVC double glazed window to the rear, gas central heating radiator.

Bedroom Three 
uPVC double glazed window to the front, gas central heating radiator and storage cupboard.

Bathroom 
Currently set out as a wet room with walk-in shower with electric shower, low level flush WC, wash hand basin, fully tiled walls, uPVC double glazed window to the rear.

Exterior 
Tiered garden to the front with steps leading to the front door and to the rear is a paved garden with fence and wall boundaries.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Morley

0113 519 0441

Next Steps?

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