2 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS10 4AL, £175,000

Cranmore Lane, Leeds, LS10 4AL - 3 views - a month ago

Refurb/BRRR
ROI: 2%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£80K - £250K
Sold Prices/m²£1.3K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£165,206

 

 

End Value (After Refurb)

£180,294

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Refurb Costs

£27,200

Bridging Loan Interest

£4,594

Total Cash In

£87,244

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£180,294

Mortgage (After Refinance)

£135,220

Mortgage LTV

75%

Cash Released

£3,970

Cash Left In

£83,273

Equity

£45,073

Rent Range

£775 - £1,700

Rent Estimate

£943

Running Costs/mo

£772

Cashflow/mo

£171

Cashflow/yr

£2,052

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £250K, average is £162.3K. £1.3K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£166.5K12/230.02 mi5, Cranmore Lane, Leeds, West Yorkshire LS10 4AL2
£160K06/210.09 mi45, Cranmore Rise, Leeds, West Yorkshire LS10 4AF2
£145K10/200.18 mi75, Raylands Way, Leeds, West Yorkshire LS10 4AH2
£125K03/210.18 mi85, Raylands Way, Leeds, West Yorkshire LS10 4AH2
£180.5K02/210.2 mi19, Melton Close, Leeds, West Yorkshire LS10 4RB2
£150K08/210.2 mi37, Bryony Court, Leeds, West Yorkshire LS10 4SS2
£180K03/230.25 mi23, Ledbury Drive, Leeds, West Yorkshire LS10 4RX2
£187K12/220.25 mi15, Ledbury Grove, Leeds, West Yorkshire LS10 4RZ2
£145K08/210.25 mi10, Raylands Court, Leeds, West Yorkshire LS10 4SX2
£175K06/240.25 mi9, Raylands Court, Leeds, West Yorkshire LS10 4SX2
£161K04/230.27 mi164, Ring Road, Middleton, Leeds, West Yorkshire LS10 4AE2
£150K03/210.27 mi43, Raylands Lane, Leeds, West Yorkshire LS10 4AP2
£179K07/230.27 mi56, Raylands Lane, Leeds, West Yorkshire LS10 4AP2
£168K05/230.27 mi43, Raylands Lane, Leeds, West Yorkshire LS10 4AP2
£175.5K01/240.27 mi20, Raylands Lane, Leeds, West Yorkshire LS10 4AP2
£155K08/230.27 mi15, Ledbury Croft, Leeds, West Yorkshire LS10 4RU2
£170K01/210.27 mi16, Ledbury Croft, Leeds, West Yorkshire LS10 4RU2
£165K11/230.3 mi5, Ledbury Close, Leeds, West Yorkshire LS10 4RT2
£197K08/240.3 mi50, Sharp House Road, Leeds, West Yorkshire LS10 4SD2
£150K05/230.34 mi3, Raylands Close, Leeds, West Yorkshire LS10 4AS2
£161K01/230.36 mi28, Nesfield Road, Leeds, West Yorkshire LS10 3LG2
£147.5K11/200.37 mi62, Middleton Lane, Rothwell, Leeds, West Yorkshire LS26 0SD2
£185K05/230.4 mi344, Belle Isle Road, Leeds, West Yorkshire LS10 3PE2
£180K02/230.42 mi6, Lanshaw Place, Leeds, West Yorkshire LS10 3NS2
£170K03/240.43 mi2, Lanshaw Terrace, Leeds, West Yorkshire LS10 3NX2
£168K01/240.44 mi18, Grange Fields Way, Leeds, West Yorkshire LS10 4QL2
£163K11/220.45 mi5, Lanshaw Close, Leeds, West Yorkshire LS10 3PD2
£135K11/210.48 mi8, Angel Row, Rothwell, Leeds, West Yorkshire LS26 0SG2
£142.5K02/210.48 mi18, Angel Row, Rothwell, Leeds, West Yorkshire LS26 0SG2
£145K03/210.49 mi5, Hopes Farm View, Leeds, West Yorkshire LS10 4QR2
£145K11/230.52 mi8, Dunlin Croft, Leeds, West Yorkshire LS10 3UW2
£80K04/210.52 mi2, Tarran Way, Robin Hood, Wakefield, West Yorkshire WF3 3HQ2
£145.5K03/230.52 mi39, Aberfield Drive, Leeds, West Yorkshire LS10 3PX2
£149.9K06/210.52 mi40, Aberfield Drive, Leeds, West Yorkshire LS10 3PX2
£185K06/240.52 mi40, Aberfield Drive, Leeds, West Yorkshire LS10 3PX2
£143.5K09/210.53 mi3, Hopes Farm Mount, Leeds, West Yorkshire LS10 4QW2
£133K07/210.53 mi6, Hopes Farm Road, Leeds, West Yorkshire LS10 4QP2
£144K02/230.53 mi8, Hopes Farm Road, Leeds, West Yorkshire LS10 4QP2
£168K02/230.55 mi3, Dunlin Court, Leeds, West Yorkshire LS10 3UP2
£160K05/230.55 mi15, Dunlin Court, Leeds, West Yorkshire LS10 3UP2
£200K08/230.55 mi7, Dunlin Court, Leeds, West Yorkshire LS10 3UP2
£125K02/210.55 mi3, Dunlin Court, Leeds, West Yorkshire LS10 3UP2
£168.5K08/230.56 mi7, Knavesmire, Rothwell, Leeds, West Yorkshire LS26 0GW2
£165K09/230.56 mi19, Knavesmire, Rothwell, Leeds, West Yorkshire LS26 0GW2
£170K05/210.56 mi8, Knavesmire, Rothwell, Leeds, West Yorkshire LS26 0GW2
£163.9K03/210.56 mi31, Knavesmire, Rothwell, Leeds, West Yorkshire LS26 0GW2
£161.5K06/230.59 mi28, Winrose Approach, Leeds, West Yorkshire LS10 3PZ2
£250K05/240.59 mi18, South Hill Rise, Leeds, West Yorkshire LS10 4SQ2
£185K04/230.6 mi22, Sanderling Garth, Leeds, West Yorkshire LS10 3UJ2
£122K04/210.61 mi30, South Hill Way, Leeds, West Yorkshire LS10 4SE2

Local Rents

21 rents from £775/mo to £1.7K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£80003/250.05 mi-2
£1,15012/240.13 mi-2
£1,70001/250.24 mi-2
£92505/240.27 miRaylands Lane, Leeds, LS10 4AP2
£89502/250.33 mi-2
£85004/250.35 mi-2
£89502/250.36 mi-2
£77505/240.41 miMurray Avenue, Middleton, LS102
£82504/240.48 mi-2
£85003/250.48 mi-2
£95005/240.49 miFenton Gate, Middleton, Leeds, West Yorkshire, LS102
£87502/240.49 mi-2
£99503/250.51 mi-2
£90005/240.52 mi-2
£90005/240.52 mi-2
£82505/240.55 miSanderling Way, Middleton, LS102
£90001/240.56 mi-2
£95001/250.56 mi-2
£88005/240.56 miWoodside Court, Middleton, Leeds, LS10 4US2
£97504/240.57 mi-2
£87504/250.59 mi-2

Local Area Statistics

Population in LS10

35,593

Population in Leeds

635,166

Town centre distance

3.84 miles away

Nearest school

0.10 miles away

Nearest train station

2.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £175,000

March 21, 2025

Floor Plans

Description

  • NO CHAIN +
  • TWO BEDROOM SEMI +
  • CUL-DE-SAC LOCATION +
  • IN NEED OF SOME MODERATION +
  • OPEN PLAN KITCHEN/DINING ROOM +
  • SEPARATE BATHROOM/W.C +
  • GARDENS TO FRONT AND REAR +
  • OFF STREET PARKING +
  • EPC TBC +
  • COUNCIL TAX A +

*TWO BEDROOM SEMI*IN NEED OF SOME MODERNIZATION***NO CHAIN***

This semi-detached house represents a superb opportunity for first-time buyers and investors alike. Listed for sale, the property is in need of some modernisation, presenting a brilliant opportunity to put your own stamp on your new home or investment.

The property boasts two double bedrooms, offering ample space for rest and relaxation. The house also contains one reception room, providing a warm and inviting space for relaxation and entertainment. The reception room is accentuated by a charming fireplace, adding character and a cosy feel to the room.

The kitchen is one of the highlights of this property. It is designed in an open-plan style offering a generous dining space which is perfect for hosting dinner parties or family meals.

Adding to the unique features of this property is the separate W.C off from the main house bathroom, enhancing the convenience and functionality of the home. Outside, there is a delightful garden, offering a peaceful retreat and the potential for al fresco dining in the warmer months.

The location of the property is particularly desirable. It is situated in a sought-after area with good proximity to local schools, making it an ideal choice for families.

In all, this property offers great potential. With some modernisation, this house could be transformed into a stunning, contemporary home. Its unique features and advantageous location make it a tempting prospect for first-time buyers looking to make their mark, or for investors seeking a worthwhile addition to their portfolio.

Ground Floor -

Hallway - Entrance door leads into the entrance hallway, stairs to the first floor, door to:

Living Room - 4.64m x 3.67m (15'3" x 12'0") - Feature fire, T.V point, central heating radiator, under stairs cupboard, door to:

Kitchen/Dining Room - 3.32m x 4.64m (10'11" x 15'3") - Wall and base units, built in oven, hob and extractor over, plumbed for washing machine and space for fridge freezer, sink and drainer unit, open plan to the dining room area with ample space for dining table and chairs, central heating radiator and double glazed windows and door.

First Floor -

Landing - Double glazed window to the side, door to storage cupboard, doors to:

Bedroom 1 - 3.79m x 4.64m (12'5" x 15'3") - Double glazed window, central heating radiator.

Bedroom 2 - 4.17m x 2.40m (13'8" x 7'10") - Double glazed window, central heating radiator.

Bathroom - 1.58m x 2.14m (5'2" x 7'0") - Panelled bath with shower over, vanity wash hand basin, double glazed window,

Wc - Low flush W.C, double glazed window

External - To the front is a small boundary wall and wrought iron gate, Lawn to the front and path to the side leads to the rear garden which is mainly lawn. There is a small driveway providing off street parking.

Agent Details

Emsleys Estate Agents, Rothwell

0113 519 1210

Next Steps?

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

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