2 Bed Terraced House, Refurb/BRRR, Leeds, LS8 5LF, £90,000

Bayswater Row, Harehills, Leeds, LS8 5LF - 7 views - a month ago

Refurb/BRRR
Planning
ROI: 8%
~68 m²
+6 photos

ValuationFair Value

Sold Prices£44K - £131.5K
Sold Prices/m²£759/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£89,854

 

 

End Value (After Refurb)

£89,683

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£27,079

Bridging Loan Interest

£2,363

Total Cash In

£59,392

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£89,683

Mortgage (After Refinance)

£67,262

Mortgage LTV

75%

Cash Left In

£59,392

Equity

£22,421

Rent Range

£675 - £1,980

Rent Estimate

£888

Running Costs/mo

£478

Cashflow/mo

£410

Cashflow/yr

£4,922

ROI

8%

Gross Yield

12%

Local Sold Prices

50 sold prices from £44K to £131.5K, average is £94.9K. £759/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K03/240.06 mi4, Conway Grove, Leeds, West Yorkshire LS8 5HX2
£104K11/210.06 mi5, Conway Place, Leeds, West Yorkshire LS8 5HT2
£80K05/210.06 mi29, Conway Place, Leeds, West Yorkshire LS8 5HT2
£78.5K05/230.07 mi82, Bayswater Row, Leeds, West Yorkshire LS8 5LF2
£107.5K02/230.07 mi70, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£83K08/210.07 mi22, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£115K01/230.07 mi38, Ashton Street, Leeds, West Yorkshire LS8 5BY2
£75K03/210.08 mi81, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£103K06/230.08 mi105, Bayswater Mount, Leeds, West Yorkshire LS8 5LW2
£97K08/240.08 mi42, Ashton Terrace, Leeds, West Yorkshire LS8 5BU2
£131.5K01/230.08 mi33, Ashton Avenue, Leeds, West Yorkshire LS8 5BX2
£80K09/210.08 mi61, Bayswater Place, Leeds, West Yorkshire LS8 5LS2
£92K04/210.1 mi17, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£94.8K03/210.1 mi13, Ashton Mount, Leeds, West Yorkshire LS8 5BT2
£115K10/230.12 mi40, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£90K09/210.12 mi26, Ashton Road, Leeds, West Yorkshire LS8 5BZ2
£80K12/220.13 mi33, Ashton View, Leeds, West Yorkshire LS8 5BS2
£98K12/230.13 mi23, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£102K07/240.13 mi24, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£105K02/240.13 mi18, Darfield Crescent, Leeds, West Yorkshire LS8 5DA2
£100K11/210.14 mi29, Conway Drive, Leeds, West Yorkshire LS8 5JG2
£96K03/210.14 mi13, Ashton Place, Leeds, West Yorkshire LS8 5BP2
£60K08/230.14 mi19, Bexley Grove, Leeds, West Yorkshire LS8 5NZ2
£79K02/210.14 mi17, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£104K02/230.15 mi25, Darfield Street, Leeds, West Yorkshire LS8 5DB2
£109K03/230.16 mi31, Darfield Place, Leeds, West Yorkshire LS8 5DD2
£91K03/240.18 mi28, Darfield Avenue, Leeds, West Yorkshire LS8 5DF2
£100K01/240.19 mi17, Darfield Road, Leeds, West Yorkshire LS8 5DQ2
£53K03/210.23 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£110K03/230.23 mi20, Cowper Grove, Leeds, West Yorkshire LS8 5DG2
£92.5K12/220.24 mi5, Lascelles Terrace, Leeds, West Yorkshire LS8 5PN2
£75K01/230.27 mi18, Lowther Street, Leeds, West Yorkshire LS8 5PH2
£110K10/230.27 mi15, Cowper Terrace, Leeds, West Yorkshire LS9 7BA2
£110K06/230.28 mi33, Berkeley Avenue, Leeds, West Yorkshire LS8 3RH2
£74K10/230.3 mi6, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£44K10/210.3 mi10, Compton Avenue, Leeds, West Yorkshire LS9 7BW2
£88K02/230.3 mi26, Berkeley Grove, Leeds, West Yorkshire LS8 3RJ2
£112K06/230.31 mi20, Luxor Street, Leeds, West Yorkshire LS8 5LA2
£88K08/210.31 mi16, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£80.8K01/230.31 mi25, Compton Terrace, Leeds, West Yorkshire LS9 7BZ2
£95K05/230.32 mi11a, Gledhow Mount, Leeds, West Yorkshire LS8 5EW2
£106K05/240.34 mi16, Berkeley Mount, Leeds, West Yorkshire LS8 3RN2
£98K08/210.34 mi10, Nice View, Leeds, West Yorkshire LS8 5JZ2
£76K12/200.34 mi2a, Nice View, Leeds, West Yorkshire LS8 5JZ2
£90K03/230.35 mi26, Sandhurst Terrace, Leeds, West Yorkshire LS8 3QS2
£82.5K04/210.35 mi26, Kepler Terrace, Leeds, West Yorkshire LS8 5EH2
£98K07/230.36 mi22, Strathmore Terrace, Leeds, West Yorkshire LS9 6AN2
£91K04/230.36 mi21, Compton Crescent, Leeds, West Yorkshire LS9 6DH2
£109K04/240.36 mi50, Sandhurst Avenue, Leeds, West Yorkshire LS8 3QT2
£80K11/200.36 mi36, Sandhurst Avenue, Leeds, West Yorkshire LS8 3QT2

Local Rents

50 rents from £675/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£99502/250.06 mi-2
£1,12006/240.06 mi-2
£1,31601/250.06 mi-2
£85005/240.07 miConway Grove, Leeds, West Yorkshire, LS82
£85005/240.08 miBayswater Place, Leeds, West Yorkshire, LS82
£92505/240.1 mi-2
£82502/240.1 mi-2
£1,95012/240.11 mi-2
£1,98002/250.11 mi-2
£1,98004/250.11 mi-2
£90006/240.12 miBexley Terrace, Leeds2
£90005/240.12 miAshton View, Leeds, West Yorkshire, LS82
£94002/240.13 miBexley Terrace, Leeds2
£80005/240.13 miConway View, Harehills, Leeds, West Yorkshire, LS82
£85005/240.13 miDarfield Crescent, Leeds, West Yorkshire, LS82
£1,85004/250.14 mi-2
£90002/250.14 mi-2
£90012/240.15 mi-2
£90006/240.15 miEdgware Avenue, Leeds, LS82
£85005/240.16 miDarfield Place, Leeds, LS82
£85005/240.16 miDarfield Place, Leeds, West Yorkshire2
£85004/250.18 mi-2
£90006/240.21 miBanstead Street West, Leeds, West Yorkshire, LS82
£79505/240.21 miBayswater Mount, Leeds, West Yorkshire, LS82
£87505/240.22 miLascelles Road West, Leeds, West Yorkshire, LS82
£85005/240.22 miLascelles Road, Leeds, West Yorkshire, LS82
£90005/240.22 miLascelles Road West, Leeds, West Yorkshire, LS82
£85004/240.23 mi-2
£80005/240.23 miFlorence Place, Leeds, West Yorkshire, LS92
£75006/240.24 miEdgware Street, LEEDS2
£87502/250.25 mi-2
£79904/250.27 mi-2
£85006/240.29 miStanley Road, Leeds, LS92
£77503/240.3 mi109 Gathorne Terrace, Leeds, West Yorkshire, LS85EZ2
£80005/240.3 miGathorne Terrace, Leeds, West Yorkshire, LS72
£77505/240.3 miFlat 2 Gathorne Terrace2
£72405/240.3 miCompton Avenue, Harehills, LS92
£80002/240.31 mi-2
£80004/250.31 mi-2
£82505/240.33 miKepler Terrace, Leeds, West Yorkshire, LS82
£76005/240.33 miGledhow Terrace, Harehills, Leeds, LS8 5EP2
£85005/240.34 miLambton Grove, Leeds, LS82
£67505/240.35 miKepler Terrace, Leeds, West Yorkshire, LS82
£70011/240.36 mi-2
£71502/240.37 mi-2
£70005/240.37 miBerkley Street, LS82
£72504/250.37 mi-2
£80002/240.37 miBerkeley View, Leeds, West Yorkshire2
£89005/240.37 mi-2
£84502/250.38 mi-2

Local Area Statistics

Population in LS8

47,781

Population in Leeds

635,166

Town centre distance

1.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £90,000

March 14, 2025

Floor Plans

Description

  • INVESTORS ONLY +
  • Two Double Bedroom Mid Terrace House +
  • Priced to Allow for Upgrading & Modernisation +
  • Excellent Letting Potential +
  • Gas Central & uPVC Double Glazing +
  • Living Accommodation Over Three Floors +
  • Walking Distance of Local Amenities +
  • No Onward Chain +

*INVESTORS ONLY* A GREAT OPPORTUNITY TO PURCHASE A TWO BED MID TERRACE HOUSE with the benefit of NO ONWARD CHAIN. Freehold. Council Tax Band A.

GENERAL
Priced to allow for upgrading and modernisation, this street lined back to back terrace house is conveniently located in a prime letting area and is currently let on an Assured Shorthold Tenancy until 8 October 2025. With gas central heating and uPVC double glazing, this house has living accommodation over three floors and benefits from a useful storage cellar. Briefly comprises: lounge, galley kitchen, basement, two double bedrooms and a first floor bathroom with shower. Small outdoor area and unrestricted on street parking. The property has been successfully let out for a number of years, and with new fixtures and fittings, floor coverings and redecoration we’ve no doubt this could be a great addition to a landlord’s property portfolio. EARLY VIEWING RECOMMENDED.

PLEASE NOTE: our marketing photos were taken before the current tenants moved in.

AREA
Bayswater Row is situated less than 2 miles from Leeds city centre, and is very close to a wide range of shops, restaurants, takeaways, specialist grocery shops and transport links. St James Hospital is close-by, making the area a popular choice for anyone working there. Buses into town run regularly along Roundhay Road. The A58, A64 and Leeds East Orbital Road are within easy reach, providing access to Bradford, York, Wetherby and beyond.

GROUND FLOOR
LOUNGE
A spacious lounge with floor space for a small dining table and chairs if desired. Stairs rising to the upper floors and leading to…

KITCHEN
A galley style kitchen currently fitted with some wall and base units, a freestanding electric cooker and plumbing for a washing machine.

FIRST FLOOR
BEDROOM ONE (DOUBLE)
A generous double bedroom having a carpeted floor.

BATHROOM
Comprising a panelled bath with shower over, a low level WC and a pedestal washbasin. The window is fitted with privacy glass.

SECOND FLOOR
BEDROOM TWO (DOUBLE)
A second double bedroom with the benefit of a dormer window.

OUTSIDE
There is a small private area immediate outside the front (composite) door, with railings and a gate. Unrestricted on street parking.

MATERIAL INFORMATION:
TENURE
This is a Freehold property.

SERVICES
The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.

BROADBAND/MOBILE SIGNAL & COVERAGE BROADBAND is available in this area / MOBILE SIGNAL & COVERAGE is available in this area.

FLOOD RISK & PLANNING PERMISSION
FLOOD RISK – not known to be an issue / PLANNING PERMISSION – none in the immediate area.

COUNCIL TAX BAND A

Agent Details

Linley & Simpson, North Leeds

01334 237513

Next Steps?

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