2 Bed Flat, Single Let, Leeds, LS11 9BG, £195,000

221C Velocity West City Walk Leeds, LS11 9BG - 1 views - a month ago

Leasehold
BTL
ROI: 3%
~64 m²
+3 photos

ValuationFair Value

Sold Prices£60K - £300K
Sold Prices/m²£909/m² - £3.8K/m²

 

 

Square Metres

~64.48 m²
Price/m²£3K/m²

Value Estimate

£192,448

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Total Cash In

£61,100

 

 

Cash Out

 

Rent Range

£925 - £1,420

Rent Estimate

£975

Running Costs/mo

£824

Cashflow/mo

£151

Cashflow/yr

£1,808

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £60K to £300K, average is £190K. £909/m² to £3.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£215K11/220.18 miApartment 2306, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£262.5K01/230.18 miApartment 2308, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£232.5K03/220.18 miApartment 1809, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QT2
£250K03/230.18 miApartment 2502, Bridgewater Place, Water Lane, Leeds, West Yorkshire LS11 5QB2
£204K02/230.2 mi32, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£175K05/210.26 mi29, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£190K11/210.26 mi7, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£194K10/210.26 mi20, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K05/220.26 mi23, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K08/220.26 mi11, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£210K08/220.26 mi18, Butcher Street, Leeds, West Yorkshire LS11 5WF2
£255K07/240.46 mi3, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£164K07/210.46 mi44, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£193.5K12/200.46 mi19, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£195K01/230.46 mi11, Riverside Court, Leeds, West Yorkshire LS1 7BU2
£100K08/220.53 mi46, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£110K06/220.53 mi44, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£93K07/220.53 mi32, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£107K10/200.53 mi14, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£102K04/220.58 mi34, Admiral Street, Leeds, West Yorkshire LS11 5NG2
£170K10/230.59 miFlat 178, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PU2
£192K01/210.59 mi37, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£185K12/200.59 mi16, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£207.8K05/210.6 mi32, Langtons Wharf, Leeds, West Yorkshire LS2 7EF2
£190K01/230.6 miFlat 117, Mackenzie House, Chadwick Street, Hunslet, Leeds, West Yorkshire LS10 1PT2
£60K04/210.61 mi1, St Lukes Crescent, Leeds, West Yorkshire LS11 8LA2
£270K02/230.61 miFlat 90, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£220K11/220.63 miFlat 12, Elba, Gotts Road, Leeds, West Yorkshire LS12 1DD2
£300K09/230.64 miFlat 79, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£187.5K02/210.64 miFlat 84, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£215K04/210.64 miFlat 43, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£186K08/210.64 miFlat 66, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£160K04/210.64 miFlat 58, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£188K08/230.64 miFlat 57, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£176K06/210.65 miFlat 47, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£148K03/210.65 miFlat 42, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£240K10/200.65 miFlat 51, Catalina, Gotts Road, Leeds, West Yorkshire LS12 1DH2
£190K02/230.65 miFlat 54, Faroe, Gotts Road, Leeds, West Yorkshire LS12 1DF2
£185.5K04/210.66 miFlat 38, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£270K02/210.67 miFlat 29, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£194.5K03/230.67 miFlat 10, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£280K05/210.67 miFlat 34, Westray, Gotts Road, Leeds, West Yorkshire LS12 1DJ2
£175K04/210.67 miFlat 39, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£190.5K01/210.67 miFlat 40, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£169.9K02/210.67 miFlat 8, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£170K12/220.67 miFlat 84, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£225K01/230.67 miFlat 86, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£177.5K04/230.68 miFlat 42, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE2
£172K04/210.68 miFlat 13, Santorini, Gotts Road, Leeds, West Yorkshire LS12 1DP2
£169K12/210.68 miFlat 50, Beringa, Gotts Road, Leeds, West Yorkshire LS12 1DE2

Local Rents

50 rents from £925/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15005/240 miVelocity West, Leeds City Centre2
£1,40005/240.01 miVelocity West, 5 City Walk, Leeds, LS11 9BG2
£1,15006/240.01 miCity Walk, Leeds, West Yorkshire, UK, LS112
£1,15001/250.01 mi-2
£1,00012/240.02 mi-2
£1,10005/240.02 miCity Walk, Leeds, LS112
£1,20005/240.02 mi6 City Walk, Holbeck, Leeds, LS112
£1,15005/240.02 mi6 City Walk, Holbeck, Leeds, LS112
£1,15005/240.02 mi6 City Walk, Holbeck, Leeds, LS112
£1,20006/240.02 mi6 City Walk, Holbeck, Leeds, LS112
£92505/240.02 miVelocity East, 4 City Walk, Leeds2
£1,07506/240.03 miVelocity East, 4 City Walk, Leeds, West Yorkshire, LS112
£1,10005/240.03 miVelocity East, 4 City Walk2
£1,27006/240.03 miLeeds City Centre LS112
£1,35506/240.03 miLeeds City Centre, LS112
£1,05012/240.04 mi-2
£1,10005/240.04 miCity Walk, Leeds, West Yorkshire, UK, LS112
£1,10005/240.04 mi-2
£1,10005/240.04 miVelocity South, Leeds, LS112
£1,00005/240.05 mi-2
£1,39505/240.06 miDaniels House, Leeds, LS112
£1,05012/240.06 mi-2
£92504/250.06 mi-2
£1,20005/240.06 miVelocity North, City Walk2
£1,25002/250.06 mi-2
£1,15012/240.06 mi-2
£1,15005/240.06 miVelocity North, Leeds, LS112
£1,05005/240.07 miVelocity North, 3 City Walk, Leeds2
£1,15005/240.07 miVelocity North, 3 City Walk, Leeds2
£1,10005/240.07 miCity Walk, Leeds, West Yorkshire, LS112
£1,10005/240.07 miCity Walk, Leeds, West Yorkshire, UK, LS112
£1,10005/240.08 miCity Walk, Leeds, West Yorkshire, UK, LS112
£1,27005/240.08 miLeeds City Centre, LS112
£1,25005/240.09 miIngram Street, Leeds, West Yorkshire, UK, LS112
£1,05005/240.09 miManor Mills, Ingram Street, Leeds, West Yorkshire, LS112
£1,10006/240.09 miIngram Street, Manor Mills Ingram Street, LS112
£1,10005/240.09 miCity Walk, Leeds, West Yorkshire, UK, LS112
£1,15005/240.09 miMannor Mills Ingram Street2
£97505/240.09 miManor Mills, Ingram Street, Leeds2
£1,35505/240.12 mi-2
£1,30005/240.12 miPin Yard Leeds LS112
£1,35005/240.12 miPin Yard Leeds LS112
£1,33005/240.12 miPin Yard Leeds LS112
£1,36005/240.12 miPin Yard Leeds LS112
£1,42005/240.12 miPin Yard Leeds LS112
£1,36505/240.12 miPin Yard Leeds LS112
£1,23505/240.12 miPin Yard Leeds LS112
£1,27005/240.12 miPin Yard Leeds LS112
£1,34505/240.12 miPin Yard Leeds LS112
£1,37503/240.17 miWater Lane2

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

0.90 miles away

Nearest school

0.40 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £195,000

March 3, 2025

Floor Plans

Description

  • 2 BEDROOM 3RD FLOOR APARTMENT +
  • SUPERB CITY CENTRE LOCATION +
  • MASTER BEDROOM WITH EN SUITE +
  • LIFT ACCESS +
  • BALCONY +
  • EPC - C +
  • COUNCIL TAX BAND - D +

* TWO BEDROOM FLAT * FANTASTIC CITY CENTRE LOCATION * MASTER BEDROOM WITH EN SUITE * BALCONY *** Stoneacre Properties are delighted to offer for sale this fantastic third floor two bedroom apartment in Leeds City Centre. This property can be accessed by a lift, and comprises a spacious lounge/kitchen/diner with balcony, double bedroom with en suite, second double bedroom, and bathroom with shower over bath. This property also includes a parking space within the gated development. Close to Leeds City Centre, this property is within a 5 minute walk to the train station, is on bus routes and is close to all amenities the City Centre has to offer.

Entrance - The property can be accessed via lift or staircase to the third floor.

Living/Dining/Kitchen - Open plan living space accommodates a spacious lounge with room for a dining table. The kitchen is made up of wall and base units and comprises oven, hob with extractor above, integrated dishwasher, and freestanding fridge and washing machine. The space also boasts a balcony.

Bedroom 1 - Spacious double bedroom with modern laminate flooring, featuring en suite shower room.

En Suite - 3-piece en suite comprising shower, toilet and sink.

Bedroom 2 - Good sized double bedroom finished with modern laminate flooring.

Bathroom - 3-piece bathroom comprising shower over bath, toilet and sink.

External - The property benefits from 1 allocated parking space.

Lease - We are advised by the vendor that the property is leasehold with 978 years remaining. The current service charge is approximately £2400 per annum and the ground rent is £200 per annum. A buyer is advised to obtain verification from their solicitor or legal advisor.

Agent Details

Stoneacre Properties, Chapel Allerton

0113 519 3709

Next Steps?

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