2 Bed Terraced House, Cash/Bridging Only, Leeds, LS9 8DW, £320,000

Roberts Wharf, Neptune Street, Leeds, LS9 8DW - a month ago

Leasehold
Cash
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£65K - £172.5K
Sold Prices/m²£636/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.7K/m²

Value Estimate

£101,289

 

 

End Value (After Refurb)

£234,692

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£26,979

Bridging Loan Interest

£8,400

Total Cash In

£137,829

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£234,692

Mortgage (After Refinance)

£176,019

Mortgage LTV

75%

Cash Left In

£137,829

Equity

£58,673

Rent Range

£950 - £4,853

Rent Estimate

£1,360

Running Costs/mo

£1,025

Cashflow/mo

£335

Cashflow/yr

£4,015

ROI

3%

Gross Yield

5%

Local Sold Prices

51 sold prices from £65K to £172.5K, average is £112.5K. £636/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£134K11/210.25 mi16, The Spinney, Leeds, West Yorkshire LS9 8JZ2
£65K09/230.27 mi1, Richmond Hill Approach, Leeds, West Yorkshire LS9 8JX2
£115K03/240.46 mi6, Pontefract Avenue, Leeds, West Yorkshire LS9 8PF2
£95K08/210.46 mi16, Oxley Street, Leeds, West Yorkshire LS9 8PL2
£145K11/230.47 mi5, Richmond Croft, Leeds, West Yorkshire LS9 9BA2
£89K10/230.51 mi4, Clark Avenue, Leeds, West Yorkshire LS9 8QD2
£88.5K11/230.54 mi14, Temple View Place, Leeds, West Yorkshire LS9 9JG2
£76K01/230.56 mi12, Glencoe View, Leeds, West Yorkshire LS9 0BU2
£135K10/210.58 mi40, Winrose Avenue, Leeds, West Yorkshire LS10 3AL2
£72K11/200.58 mi26, Glensdale Road, Leeds, West Yorkshire LS9 9JF2
£90K11/220.59 mi23, Glensdale Mount, Leeds, West Yorkshire LS9 9JQ2
£93K07/230.59 mi35, Glensdale Mount, Leeds, West Yorkshire LS9 9JQ2
£130K08/210.59 mi4, Charles Avenue, Leeds, West Yorkshire LS9 0AE2
£95K06/230.59 mi31, Charles Avenue, Leeds, West Yorkshire LS9 0AE2
£148.3K03/230.59 mi18, Charles Avenue, Leeds, West Yorkshire LS9 0AE2
£122.5K12/230.6 mi9, Thornleigh Mount, Leeds, West Yorkshire LS9 8QW2
£82K04/210.62 mi54, Glensdale Street, Leeds, West Yorkshire LS9 9JJ2
£75K03/230.62 mi6, Charlton Grove, Leeds, West Yorkshire LS9 9JT2
£97K01/240.63 mi55, Copperfield Grove, Leeds, West Yorkshire LS9 0BQ2
£130K12/230.63 mi12, Copperfield Grove, Leeds, West Yorkshire LS9 0BQ2
£105K03/210.64 mi17, Naseby Gardens, Leeds, West Yorkshire LS9 7SX2
£75K02/240.64 mi56, Glensdale Terrace, Leeds, West Yorkshire LS9 9JN2
£115.3K12/200.64 mi55, Glensdale Terrace, Leeds, West Yorkshire LS9 9JN2
£90.5K07/230.64 mi3, East Park Place, Leeds, West Yorkshire LS9 9JY2
£100K02/230.64 mi62, Glensdale Terrace, Leeds, West Yorkshire LS9 9JN2
£158K05/230.7 mi55, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SY2
£172.5K09/230.72 mi2, Grange Road, Hunslet, Leeds, West Yorkshire LS10 1SX2
£172K07/230.73 mi4, Joseph Street, Leeds, West Yorkshire LS10 2AD2
£89.3K03/230.73 mi21, Raincliffe Street, Leeds, West Yorkshire LS9 9LW2
£94K04/210.73 mi23, Everleigh Street, Leeds, West Yorkshire LS9 9LJ2
£135K07/230.74 mi8, Hillidge Square, Leeds, West Yorkshire LS10 1DB2
£125K08/230.74 mi7, Hillidge Square, Leeds, West Yorkshire LS10 1DB2
£120K05/230.75 mi8, Raincliffe Grove, Leeds, West Yorkshire LS9 9LP2
£90K11/200.77 mi50, East Park View, Leeds, West Yorkshire LS9 9NP2
£172K09/230.78 mi25, Londesboro Grove, Leeds, West Yorkshire LS9 9NR2
£170K03/230.79 mi33, Gardeners Court, Leeds, West Yorkshire LS10 1ED2
£162.5K07/230.79 mi10, Gardeners Court, Leeds, West Yorkshire LS10 1ED2
£90K07/230.8 mi15, Raincliffe Terrace, Leeds, West Yorkshire LS9 9NB2
£88K10/200.82 mi4, Vinery View, Leeds, West Yorkshire LS9 9NA2
£115K12/230.82 mi22, Vinery Place, Leeds, West Yorkshire LS9 9LZ2
£70K11/200.82 mi12, Vinery Mount, Leeds, West Yorkshire LS9 9LY2
£112.5K04/240.82 mi21, Vinery Mount, Leeds, West Yorkshire LS9 9LY2
£87K08/230.82 mi6, Walford Mount, Leeds, West Yorkshire LS9 7RA2
£95K03/230.82 mi5, Walford Grove, Leeds, West Yorkshire LS9 7QY2
£140K06/230.84 mi4, Vinery Grove, Leeds, West Yorkshire LS9 9LT2
£130K04/230.87 mi3, St Elmo Grove, Leeds, West Yorkshire LS9 9BT2
£140K07/230.91 mi23, Shakespeare Lawn, Leeds, West Yorkshire LS9 7UL2
£122K01/240.91 mi29, Church Street, Hunslet, Leeds, West Yorkshire LS10 2PE2
£122K01/240.91 mi29, Church Street, Hunslet, Leeds, West Yorkshire LS10 2PE2
£94K05/230.92 mi11, Ivy Crescent, Leeds, West Yorkshire LS9 9BR2
£137K08/230.94 mi14, Middleton Avenue, Leeds, West Yorkshire LS9 7JH2

Local Rents

50 rents from £950/mo to £4.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10005/240 miRoberts Wharf, East Street, Leeds2
£1,17505/240 miRoberts Wharf, East Street, Leeds2
£1,05005/240 miRoberts Wharf, Neptune Street, Leeds, LS9 8DW2
£97505/240 miRoberts Wharf, Neptune Street, Leeds, West Yorkshire, LS92
£1,25003/240.02 miRoberts Wharf, Leeds2
£1,00005/240.02 miRoberts Wharf LS9 8DW2
£1,10006/240.02 miEast Street, Leeds2
£1,20002/240.02 mi-2
£1,05004/250.02 mi-2
£1,25002/250.02 mi-2
£1,50012/240.03 mi-2
£1,15005/240.04 miTrinity One, East Street, Leeds, West Yorkshire, LS92
£1,35002/240.05 mi-2
£99505/240.06 miNeptune Street, Leeds, West Yorkshire, UK, LS92
£1,19505/240.06 miMerchants Quay, East Street, Leeds2
£1,39505/240.07 miNeptune Street, Leeds, West Yorkshire, UK, LS92
£1,35005/240.07 miCartier House, Leeds Dock2
£97506/240.07 miTrinity One, East Street, Leeds2
£1,15003/250.07 mi-2
£1,20003/250.07 mi-2
£1,10005/240.08 miTimblebeck, Neptune Street, Leeds, West Yorkshire, LS92
£1,10005/240.08 miEast Street, Leeds, West Yorkshire, LS92
£1,15006/240.08 miEast Point, Leeds, West Yorkshire, LS92
£1,15005/240.08 miEast Point, East Street, Leeds, West Yorkshire, LS92
£95006/240.09 miTrinity One 2
£1,00005/240.1 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,17505/240.11 miFlat 5, Cartier HouseThe BoulevardClarence DockLeeds2
£2,40005/240.12 mi-2
£1,00005/240.12 miMagellan House, Armouries Way, Leeds, West Yorkshire, LS102
£1,20005/240.13 miThe Boulevard, Leeds, West Yorkshire, LS102
£1,20005/240.13 miEllerby Road, Leeds, West Yorkshire, LS92
£4,85301/250.13 mi-2
£4,85303/250.13 mi-2
£1,30005/240.13 miMerchants Quay, East Street, Leeds, West Yorkshire, UK, LS92
£1,80012/240.13 mi-2
£1,60012/240.13 mi-2
£1,80005/240.13 miTurlow Court, Leeds, LS92
£1,20005/240.14 miPublic Haus2
£1,10005/240.15 miGateway South The Gateway Leeds LS9 8BD2
£99002/250.15 mi-2
£1,25001/250.15 mi-2
£1,25005/240.15 mi-2
£1,15005/240.15 miCrozier House, The Boulevard, Leeds, LS10 1LQ2
£1,20005/240.16 miMagellan House, Armouries Way, Leeds, LS10 1JE2
£1,07505/240.16 miMackenzie House, Leeds, LS102
£1,39505/240.16 miChadwick Street, Leeds, LS102
£1,00005/240.16 miMagellan House, Leeds Dock, City Centre2
£1,07503/250.16 mi-2
£1,08503/250.16 mi-2
£1,10005/240.16 miMackenzie House Leeds Dock City Centre2

Local Area Statistics

Population in LS9

37,376

Population in Leeds

635,166

Town centre distance

1.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £320,000

March 5, 2025

Floor Plans

Description

  • Cash Buyers! +
  • Not currently ESW1 compliant +
  • Penthouse Apartment +
  • Two Bedrooms +
  • Two Bathrooms +
  • Open Plan Living Kitchen Area +
  • Wrap Around Terrace* +
  • Parking Included +
  • Close Proximity to Leeds Docks +
  • Fabulous Investment Opportunity +

Penthouse Apartment | Two Bed, Two Bath | 7th Floor | Close to Leeds Docks | Stunning River Views | Wrap Around Terrace* | Open Plan Living Kitchen Area | Parking |

Set within a converted mill, this expansive two-bedroom, two-bathroom apartment masterfully blends historic character with modern sophistication. Lofty ceilings and oversized windows flood the space with natural light, enhancing its airy, open feel. The wrap-around terrace - soon to be fully restored - offers a stunning outdoor retreat, perfect for unwinding or entertaining. With the added benefit of secure parking, this exceptional home delivers both charm and convenience in equal measure.

KEY FEATURES

Character & Space – High ceilings, large windows, and a unique mill conversion setting.

Riverside Living – Stunning waterside location, just moments from Leeds Docks.

Bars, Restaurants & Shops – A vibrant social scene all within walking distance.

Fantastic Transport Links – Easy access to the city centre and beyond.

Secure Parking Included – A rare find in such a prime location.

Wrap-Around Terrace – Outdoor space to enjoy once works are completed.

Perfect for Investors and city lovers seeking a stylish home in one of Leeds’ most sought-after areas!

Don't miss out on this opportunity - call Monroe Estate Agents to arrange your viewing!

*The building is currently undergoing some cladding works that are due to be completed later in 2025. There is currently scaffolding interrupting the views and full use of the terrace. The building is not currently ESW1 compliant, so is advertised for the attention of Cash Buyers currently.

Agent Details

Monroe Estate Agents, Leeds

0113 519 1200

Next Steps?

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

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