3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 2RQ, £199,995

36 Cockshott Lane, Leeds, LS12 2RQ - 1 views - 18 days ago

Sold STC
Refurb/BRRR
ROI: 4%
92 m²
+21 photos

ValuationFair Value

Sold Prices£112K - £322.5K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

92 m²
Price/m²£2.2K/m²

Value Estimate

£199,995

 

 

End Value (After Refurb)

£219,946

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,999

Stamp Duty & Legal Fees

£11,200

Refurb Costs

£36,404

Bridging Loan Interest

£5,250

Total Cash In

£104,603

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£219,946

Mortgage (After Refinance)

£164,959

Mortgage LTV

75%

Cash Released

£14,963

Cash Left In

£89,640

Equity

£54,986

Rent Range

£800 - £2,995

Rent Estimate

£1,363

Running Costs/mo

£980

Cashflow/mo

£383

Cashflow/yr

£4,597

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £112K to £322.5K, average is £201K. £1.4K/m² to £4.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£208K09/230.02 mi6, Cockshott Close, Armley, Leeds, West Yorkshire LS12 2RJ3
£144.1K11/230.06 mi11a, Wyther Park Street, Armley, Leeds, West Yorkshire LS12 2SG3
£170K04/210.09 mi18, Cockshott Drive, Leeds, West Yorkshire LS12 2RL3
£202K12/230.09 mi4, Cockshott Drive, Leeds, West Yorkshire LS12 2RL3
£175K10/210.11 mi76, Cockshott Lane, Armley, Leeds, West Yorkshire LS12 2RQ3
£220K02/240.11 mi106, Cockshott Lane, Armley, Leeds, West Yorkshire LS12 2RQ3
£230K03/210.14 mi15, Armley Grange Crescent, Leeds, West Yorkshire LS12 3QL3
£185K01/210.14 mi44, Green Hill Road, Leeds, West Yorkshire LS12 3QA3
£112K02/230.15 mi37, Wyther Park Crescent, Leeds, West Yorkshire LS12 2RY3
£250K10/210.17 mi39, Gotts Park Avenue, Armley, Leeds, West Yorkshire LS12 2RW3
£220K09/210.17 mi3, Gotts Park Avenue, Armley, Leeds, West Yorkshire LS12 2RW3
£200K10/200.18 mi9, Armley Grange Oval, Leeds, West Yorkshire LS12 3QJ3
£253K08/210.18 mi12, Armley Grange Oval, Leeds, West Yorkshire LS12 3QJ3
£225K12/200.18 mi10, Gotts Park Crescent, Armley, Leeds, West Yorkshire LS12 2RP3
£220K12/200.18 mi4, Gotts Park Crescent, Armley, Leeds, West Yorkshire LS12 2RP3
£210K10/230.19 mi201, Green Hill Road, Leeds, West Yorkshire LS13 4JY3
£215K10/200.19 mi5, Trescoe Avenue, Leeds, West Yorkshire LS13 4JX3
£185K04/210.19 mi12, Trescoe Avenue, Leeds, West Yorkshire LS13 4JX3
£161K10/230.2 mi3, Wyther Park Place, Leeds, West Yorkshire LS12 2SB3
£200K01/230.2 mi16, Gotts Park Avenue, Armley, Leeds, West Yorkshire LS12 2RW3
£175K10/210.21 mi21, Gotts Park View, Leeds, West Yorkshire LS12 2QZ3
£215K10/210.22 mi205, Armley Ridge Road, Leeds, West Yorkshire LS12 2QY3
£180K11/220.22 mi7, Wensleydale Drive, Leeds, West Yorkshire LS12 2HU3
£200K01/240.23 mi6, Wensleydale Drive, Leeds, West Yorkshire LS12 2HU3
£175K03/210.26 mi15, Houghley Close, Leeds, West Yorkshire LS13 2DS3
£173K04/210.26 mi30, Houghley Close, Leeds, West Yorkshire LS13 2DS3
£230K01/230.26 mi22, Houghley Close, Leeds, West Yorkshire LS13 2DS3
£154K04/210.27 mi20, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£181.5K07/210.27 mi27, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£160K05/210.27 mi26, Wharfedale Close, Leeds, West Yorkshire LS12 2JE3
£225K05/230.31 mi23, Green Hill Mount, Leeds, West Yorkshire LS13 4AL3
£155K02/240.31 mi3, Poplar View, Leeds, West Yorkshire LS13 4SH3
£322.5K01/230.32 mi39, Armley Grange Mount, Leeds, West Yorkshire LS12 3QB3
£170K10/230.32 mi225, Green Hill Road, Leeds, West Yorkshire LS13 4AJ3
£231K11/220.32 mi25, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£235K06/210.33 mi35, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£255K06/210.33 mi41, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£242K10/230.33 mi29, Armley Grange Avenue, Armley, Leeds, West Yorkshire LS12 3QN3
£225K04/210.34 mi6, Armley Grange Walk, Armley, Leeds, West Yorkshire LS12 3QW3
£150K11/200.34 mi231, Armley Ridge Road, Leeds, West Yorkshire LS12 2QY3
£220K10/230.34 mi5, Paxton Court, Armley, Leeds, West Yorkshire LS12 2JU3
£175K01/210.36 mi12, Poplar Rise, Leeds, West Yorkshire LS13 4SQ3
£190K11/210.37 mi29, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£185K05/210.37 mi4, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£275K06/210.37 mi17, St Marys Park Green, Leeds, West Yorkshire LS12 3UY3
£270K07/230.37 mi9, St Marys Park Green, Leeds, West Yorkshire LS12 3UY3
£235.5K12/220.39 mi25, Manderston Chase, Armley, Leeds, West Yorkshire LS12 2JX3
£265K04/230.39 mi39, St Marys Park Approach, Leeds, West Yorkshire LS12 3UZ3
£140.5K08/210.4 mi56, Musgrave Mount, Leeds, West Yorkshire LS13 2QL3
£170K03/230.4 mi22, Musgrave Mount, Leeds, West Yorkshire LS13 2QL3

Local Rents

25 rents from £800/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95002/240.12 mi-3
£1,15005/240.14 mi-3
£1,15005/240.14 miStanningley Road, West Yorkshire, LS123
£1,20004/250.22 mi-3
£1,07505/240.27 miWharfdale Close, Leeds3
£1,20004/250.35 mi-3
£2,59502/250.36 mi-3
£92505/240.39 miMusgrave View, LS13 2QN3
£80005/240.42 miMusgrave View, Bramley3
£1,35005/240.44 miHalliday Avenue, Leeds, West Yorkshire, LS123
£2,99505/240.47 mi-3
£2,75002/240.47 mi-3
£2,64912/240.47 mi-3
£2,34903/250.47 mi-3
£89505/240.47 miMoorfield Avenue, Leeds, West Yorkshire, LS123
£89011/240.49 mi-3
£1,10005/240.5 miHenconner Lane, Bramley, Leeds, West Yorkshire, LS133
£97505/240.5 mi-3
£99506/240.51 miRaynville Mount, Bramley, Leeds, LS133
£95005/240.53 mi-3
£85006/240.54 miPark Mount, Armley , Leeds3
£1,00005/240.57 miSomerdale Gardens, Leeds, LS133
£1,29501/250.58 mi-3
£82505/240.59 mi8 Edinburgh Terrace, LS12 3RH3
£82505/240.59 mi8 Edinburgh Terrace, LS12 3RH3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £199,995

March 21, 2025

Floor Plans

Description

  • Three Bedroom Semi Detached +
  • Modernisation & Updating Required +
  • Gas Central Heating (installed approx. 18 months ago) +
  • Partial Double Glazing +
  • Gardens Front & Rear +
  • Two Double Bedrooms & Large Single Bedroom +
  • Two Reception Rooms +
  • Ideal for a FTB / Investor +
  • Early Internal Viewing Advised +
  • EPC Rating: F / Council Tax Band: B +

CHAIN FREE !! A spacious THREE BEDROOM SEMI DETACHED property situated amidst similar style property in a popular residential area of Armley. The property is being sold CHAIN FREE ON COMPLETION and although it does need MODERNISING & UPDATING it does benefit from PARTIAL DOUBLE GLAZING and GAS CENTRAL HEATING (installed approx. 18 months ago).

Briefly throughout and to the ground floor the accommodation comprises of a HALLWAY with under-stairs storage and stairs rising to he first floor, a spacious LIVING ROOM with a fireplace and hearth, a DINING ROOM with French doors opening onto the rear garden, a KITCHEN with a range of cabinets and external access to the rear garden.

To the first floor there are TWO DOUBLE BEDROOMS, a further large SINGLE BEDROOM, a BATHROOM with a white suite, and a SEPARATE WC.

Externally there are mature GARDENS TO THE FRONT & REAR.

Local amenities, shops, bus routes to surrounding areas and well regarded schools are within walking distance. Leeds City Centre, the Outer Ring Road & Motorway Network, and Bramley Railway Station are a short drive away making the major commercial centres of West Yorkshire and beyond easily accessible.

Gotts Park Golf Course and the Leeds & Liverpool Canal are within walking distance giving potential buyers access to countryside walks and areas for exercise. Early internal viewing is highly recommended and can be arranged by contacting the office on / .

EPC Rating: F / Council Tax Band: B

Ground Floor: -

Hallway: - Access via a part glazed front entrance door, double glazed windows, under-stairs storage cupboard, central heating radiator, stairs rising to the first floor

Living Room: - Bay window overlooking the front garden (secondary glazing), fire surround and hearth, television point, central heating radiator

Dining Room: - Single glazed French doors and windows opening onto the rear garden, central heating radiator, fireplace and hearth

Kitchen: - Double glazed window, wall, drawer & base units, work surfaces, space for a fridge / freezer, plumbing for an automatic washing machine, gas cooker point, sink and drainer, under-stairs storage cupboard, external door giving access to the rear garden

First Floor: -

Landing: - Double glazed window, access to the first floor accommodation, access to a loft space via a pull-down loft ladder

Bedroom One: - Double glazed window, central heating radiator, ample space for a range of bedroom furniture

Bedroom Two: - Double glazed window, central heating radiator, ample space for a range of bedroom furniture

Bedroom Three: - A large single bedroom: Double glazed window, central heating radiator, ample space for a range of bedroom furniture

Bathroom: - Double glazed window, a white suite comprising of a panelled bath, wash basin, central heating radaitor

Separate Wc: - Double glazed window, low flush WC

To The Outside: -

Gardens: - The gardens extend to the front and rear. The rear garden is a good size, private / enclosed, and has a variety of mature trees and shrubs

Epc Link: -

Epc Rating / Council Tax Band: - EPC Rating: F / Council Tax Band: B

Agent Details

Kath Wells Estate Agents, Wortley

0113 519 3022

Next Steps?

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