3 Bed Flat, Single Let, Leeds, LS16 5RU, £190,000

1a Arndale Centre, Otley Road, LEEDS, West Yorkshire, LS6 2UE - a month ago

Leasehold
BTL
ROI: 7%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£100K - £429.9K
Sold Prices/m²£943/m² - £5.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£226,461
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Total Cash In

£59,500

 

 

Cash Out

 

Rent Range

£1,025 - £1,979

Rent Estimate

£1,200

Running Costs/mo

£854

Cashflow/mo

£346

Cashflow/yr

£4,155

ROI

7%

Gross Yield

8%

Local Sold Prices

22 sold prices from £100K to £429.9K, average is £190.3K. £943/m² to £5.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£230K12/220 mi16, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU3
£185K03/230 mi1, Carisbrooke Road, Leeds, West Yorkshire LS16 5RU3
£280K12/200.67 mi14, Rokeby Gardens, Leeds, West Yorkshire LS6 3JZ3
£429.9K06/240.68 miThe Grange, Flat 4, Otley Road, Leeds, West Yorkshire LS16 6EY3
£240K09/210.68 miFlat 2, The Grange, Otley Road, Leeds, West Yorkshire LS16 6EY3
£177K11/200.74 mi22, Foxhill Court, Leeds, West Yorkshire LS16 5PL3
£175K08/230.78 mi49, Foxhill Court, Leeds, West Yorkshire LS16 5PN3
£170K10/210.78 mi46, Foxhill Court, Leeds, West Yorkshire LS16 5PN3
£122K06/210.79 mi34, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN3
£161K04/210.89 mi3, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£193K01/210.89 mi58, Stone Mill Court, Leeds, West Yorkshire LS6 4RQ3
£290K05/211.01 mi3 Moorbank Court, Shire Oak Road, Leeds, West Yorkshire LS6 2DD3
£115K07/231.05 mi56, Kirkstall Hill, Leeds, West Yorkshire LS4 2TX3
£187K09/211.14 miFlat 13, Grange Court, North Grange Mount, Leeds, West Yorkshire LS6 2BZ3
£187.5K11/231.22 mi19, Cherry Court, Headingley, Leeds, West Yorkshire LS6 2WB3
£220K02/231.23 mi10, Chancel Square, Meanwood, Leeds, West Yorkshire LS6 4FG3
£245K06/231.23 mi9, Chancel Square, Meanwood, Leeds, West Yorkshire LS6 4FG3
£100K12/201.24 mi19, Iveson Garth, Leeds, West Yorkshire LS16 6LL3
£180K06/231.29 mi23, Lawson Wood Drive, Meanwood, Leeds, West Yorkshire LS6 4RW3
£205.6K02/211.4 mi2, Broadgate Court, Horsforth, Leeds, West Yorkshire LS18 5TF3
£212.5K03/231.43 mi41, Barnbrough Street, Leeds, West Yorkshire LS4 2QY3
£419.9K09/211.53 mi35, Woodway, Horsforth, Leeds, West Yorkshire LS18 4HY3

Local Rents

18 rents from £1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20012/240 mi-3
£1,97904/250.01 mi-3
£1,52501/250.04 mi-3
£1,50003/250.04 mi-3
£1,65005/240.06 miCarisbrooke Road, Leeds, West Yorkshire, LS163
£1,70005/240.06 miCarisbrooke Road, Leeds, West Yorkshire, LS163
£1,32605/240.25 mi158 Otley Road Flat 13
£1,35003/250.29 mi-3
£1,20005/240.42 miOtley Road, Far Headingley, Leeds, LS63
£1,20005/240.42 miOtley Road, Far Headingley, Leeds, LS63
£1,40005/240.44 mi-3
£1,25003/250.52 mi-3
£1,35005/240.52 miBecketts Park Drive, Headingley, Leeds, LS63
£1,23512/240.56 miSt Annes Road3
£1,65005/240.56 miHeadingley, Leeds3
£1,02512/240.58 mi-3
£1,02506/240.58 miWoodbridge Crescent, Leeds, LS63
£1,55005/240.59 miHeathfield Terrace, Headingley, Leeds, LS63

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

2.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £190,000

March 28, 2025

Floor Plans

Description

  • No Onward Chain +
  • Three Bedrooms +
  • Master Bedroom With En-suite +
  • Popular & Sought After Location +
  • Leasehold Property +

SUMMARY
A spacious three bed apartment situated in the popular and sought after location of Far Headingley, providing great access to local amenities and transport links.

DESCRIPTION
A spacious three bed apartment situated in the popular and sought after location of Far Headingley, which offers easy access to the vibrant Headingley area with its bars, restaurants, shops and sports facilities as well as easy access to the City Centre and excellent transport links to most motorways. In brief, the generous accommodation comprises; entrance hall, lounge, kitchen, one bedroom with Juliet balcony and ensuite, two further bedrooms and bathroom. The property has the benefit of gated underground parking, lift access all floors, secure intercom entry and is marketed with No onward chain.

Entrance Hall  
Laminate flooring, radiator

Lounge 23' 11" max x 14' 9" max ( 7.29m max x 4.50m max )
Spacious, carpeted, bay window to the back, free standing units, radiator

Kitchen 15' max x 8' 8" max ( 4.57m max x 2.64m max )

Bedroom 1 With Ensuite 15' 7" max x 10' 7" max ( 4.75m max x 3.23m max )
Double bedroom, window to the back, radiator , space for freestanding furniture, carpeted

Ensuite - Pedestal sink, toilet, shower enclosure, tiled walls

Bedroom 2  13' 10" max x 9' 9" max ( 4.22m max x 2.97m max )
Double bedroom, to the side , radiator, space for free standing furniture, carpeted

Bedroom 3 9' 11" max x 9' 2" max ( 3.02m max x 2.79m max )
L Shape bedroom, carpeted, window to the back space for double bed and free standing furniture, radiator

Bathroom 
Lino flooring, panel bath with shower over, pedestal sink, toilet, towel radiator

Parking 
Parking spaces outside available

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Headingley

0113 519 0624

Next Steps?

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