2 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 5LU, £150,000

131 Ring Road, Leeds, LS12 5LU - 27 views - 24 days ago

Refurb/BRRR
100 m²
+13 photos

ValuationFair Value

Sold Prices£115K - £265K
Sold Prices/m²£1.5K/m² - £5K/m²

 

 

Square Metres

100 m²
Price/m²£1.5K/m²

Value Estimate

£151,500

 

 

End Value (After Refurb)

£263,523

Uplift in Value

+76%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£39,570

Bridging Loan Interest

£3,938

Total Cash In

£91,957

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£263,523

Agent Fees (1%)

£2,635

Bridging Loan

£112,500

Bridging Loan Interest

£3,938

Flip Profit

£56,431

Local Sold Prices

51 sold prices from £115K to £265K, average is £160.5K. £1.5K/m² to £5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£207K04/210.05 mi28, Hare Farm Avenue, Leeds, West Yorkshire LS12 5QB2
£240K10/210.05 mi9, Hare Farm Avenue, Leeds, West Yorkshire LS12 5QB2
£122.5K06/210.07 mi11, Post Hill Court, Leeds, West Yorkshire LS12 5NS2
£128K08/210.07 mi7, Post Hill Court, Leeds, West Yorkshire LS12 5NS2
£146.5K04/230.07 mi5, Post Hill Court, Leeds, West Yorkshire LS12 5NS2
£159.9K12/210.18 mi8, Pitchstone Court, Leeds, West Yorkshire LS12 5SZ2
£176K01/240.18 mi26, Pitchstone Court, Leeds, West Yorkshire LS12 5SZ2
£160K01/230.18 mi4, Wood Grove, Leeds, West Yorkshire LS12 5NN2
£150K12/200.18 mi10, Wood Grove, Leeds, West Yorkshire LS12 5NN2
£160K06/230.18 mi38, Wood Grove, Leeds, West Yorkshire LS12 5NN2
£218K03/210.2 mi48, Butt Lane, Leeds, West Yorkshire LS12 5AZ2
£185K03/230.23 mi16, Hare Park Mount, Leeds, West Yorkshire LS12 5LR2
£130K10/200.24 mi10, Tong Green, Leeds, West Yorkshire LS12 5NF2
£162K05/230.24 mi12, Tong Green, Leeds, West Yorkshire LS12 5NF2
£126K06/210.24 mi107, Greenthorpe Road, Leeds, West Yorkshire LS13 4LR2
£250K01/230.24 mi79a, Ring Road, Farnley, Leeds, West Yorkshire LS12 5AX2
£150K11/220.29 mi12, Greenthorpe Mount, Leeds, West Yorkshire LS13 4LN2
£145K09/210.3 mi14, Greenthorpe Road, Leeds, West Yorkshire LS13 4LJ2
£166K02/210.31 mi359, Pudsey Road, Leeds, West Yorkshire LS13 4HY2
£210K01/240.31 mi375, Pudsey Road, Leeds, West Yorkshire LS13 4HY2
£200K06/220.34 mi125, Stonebridge Grove, Leeds, West Yorkshire LS12 5AW2
£170K11/200.38 mi127, Stonebridge Grove, Leeds, West Yorkshire LS12 5AW2
£230K02/230.39 mi17, Heather Gardens, Leeds, West Yorkshire LS13 4LF2
£129.5K10/230.41 mi1, Farrow Bank, Leeds, West Yorkshire LS12 3TA2
£149K12/220.46 mi3, Heights Green, Leeds, West Yorkshire LS12 3SR2
£165K06/210.48 mi8, St Marys Park Crescent, Leeds, West Yorkshire LS12 3UU2
£115K07/230.5 mi14, Stonecliffe Green, Leeds, West Yorkshire LS12 5BB2
£163K06/210.53 mi16, St James Mews, Leeds, West Yorkshire LS12 3UT2
£165K03/230.53 mi16, St James Mews, Leeds, West Yorkshire LS12 3UT2
£265K12/220.54 mi2, Harewood Way, Leeds, West Yorkshire LS13 4QD2
£160.5K09/210.56 mi9, Hough End Garth, Leeds, West Yorkshire LS13 4RS2
£186K09/220.57 mi64, St Marys Park Approach, Leeds, West Yorkshire LS12 3UZ2
£155K03/230.59 mi15, Heights Lane, Leeds, West Yorkshire LS12 3SP2
£132K09/230.6 mi115, Heights Drive, Leeds, West Yorkshire LS12 3TG2
£133K01/210.6 mi7, Spring Valley Crescent, Leeds, West Yorkshire LS13 4RL2
£155K05/210.6 mi49, Spring Valley Crescent, Leeds, West Yorkshire LS13 4RL2
£133.5K02/210.6 mi157, Swinnow Lane, Leeds, West Yorkshire LS13 4QT2
£174K07/230.63 mi132, Green Hill Road, Leeds, West Yorkshire LS13 4AN2
£152K03/210.64 mi8, Spring Valley Drive, Leeds, West Yorkshire LS13 4RN2
£187K03/210.64 mi33, Brighton Grove, Leeds, West Yorkshire LS13 4BP2
£158K07/230.64 mi37, Brighton Grove, Leeds, West Yorkshire LS13 4BP2
£158K11/200.65 mi14, Barker Place, Leeds, West Yorkshire LS13 4BU2
£205K12/220.65 mi4, Hill End Close, Leeds, West Yorkshire LS12 3PP2
£152K12/220.67 mi12, Heights Way, Leeds, West Yorkshire LS12 3SN2
£160K11/200.69 mi123, Swinnow Lane, Leeds, West Yorkshire LS13 4QX2
£185K07/210.7 mi94, Elder Road, Leeds, West Yorkshire LS13 4BY2
£178K01/240.73 mi29, Martindale Drive, Leeds, West Yorkshire LS13 2HB2
£178K01/240.73 mi29, Martindale Drive, Leeds, West Yorkshire LS13 2HB2
£180K11/220.74 mi4, Martindale Drive, Leeds, West Yorkshire LS13 2HB2
£175K04/210.77 mi16, Park Spring Gardens, Leeds, West Yorkshire LS13 4DT2
£120K03/210.78 mi5, Bawn Approach, Leeds, West Yorkshire LS12 5BZ2

Local Rents

15 rents from £750/mo to £1.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£90003/250.07 mi-2
£98502/250.13 mi-2
£90005/240.25 miGamble Hill Place, LS132
£85005/240.28 miCornstone Fold, Farnley, Leeds2
£87505/240.48 miHenconner Lane, Bramley, Leeds, West Yorkshire, LS132
£75006/240.49 miStonebridge Court, Farnley Crescent, Leeds2
£77512/240.52 mi-2
£77506/240.52 miFarnley Crescent, Leeds, LS122
£85003/240.54 miThe Elms, Bramley, Leeds, LS122
£87505/240.54 miHenconner Lane, Bramley, Leeds, LS132
£79505/240.56 miStonebridge Court, Leeds, LS122
£99512/230.57 mi-2
£99505/240.57 mi-2
£85004/250.57 mi-2
£1,20005/240.6 miBobbin Row, Leeds, West Yorkshire, LS122

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £150,000

April 4, 2025

Floor Plans

Description

  • Two Bedroom Semi Detached Property +
  • Solid Fuel Central Heating +
  • Modernisation & Updating Required +
  • Large Gardens +
  • Off Street Parking +
  • Chain Free On Completion +
  • Popular & Convenient Location +
  • Great Potential for a Variety of Buyers +
  • Early Internal Viewing Advised +
  • Council Tax Band: B / EPC Rating: tba +

Early viewing is advised for this DECEPTIVELY SPACIOUS TWO BEDROOM SEMI DETACHED situated in a popular area of Farnley. The property is IN NEED OF MODERNISATION and UPDATING BOTH INTERNALLY AND EXTERNALLY and would make an ideal investment for a variety of buyers.

Briefly throughout and to the ground floor the accommodation comprises of a HALLWAY with stairs to the first floor, a good sized LIVING ROOM with a fireplace and hearth, a DINING KITCHEN, and a REAR PORCH / HALLWAY / UTILITY AREA with access to the rear of the property.

To the first floor there is a GOOD SIZED DOUBLE BEDROOM, a further DOUBLE BEDROOM, and a FAMILY BATHROOM / WC with a white suite and an electric shower above the bath. Externally the property has GARDENS to the front and rear. The front garden is quite extensive and could be made into a very pleasant garden. The rear of the property is accessed from Water Lane. There are two parking spaces available to the property. Local amenities are within walking distance. Leeds City centre, Bramley Railway Station and the motorway networks are a short drive away. Internal viewing is essential for this property and can be arranged by contacting the office on / sales@kathwells.comCouncil Tax Band: B / EPC Rating: tba

Ground Floor: -

Entrance Hallway: - Access via a part glazed external door, central heating radiator, stairs rising to the first floor

Living Room: - Single glazed window, fireplace and hearth with an electric fire, central heating radiator, ceiling coving

Dining Kitchen: - Single glazed window, external door giving access to the rear porch / hallway / utility area, exposed chimney breast with a solid fuel fire / back-boiler, some fitted cabinets and work surfaces, inset stainless steel sink and drainer, ample space for a dining table and chairs

Rear Porch / Hallway / Utility Area: - A part glazed porch, plumbing for an automatic washing machine, space for a tumble dryer, work surfaces

First Floor: -

Landing: - Access to the first floor accommodation, single glazed window

Bedroom One: - A good sized double bedroom, two windows, central heating radiator

Bedroom Two: - Single glazed window, airing / storage cupboard, access to the loft space, central; heating radiator

Bathroom / Wc: - Opaque window, a modern white suite comprising of a panelled bath with an electric shower above, low flush WC, wash basin, tiling to the walls

To The Outside: -

Gardens: - The front garden is a good size and needs some attention but would make a very pleasant garden. The rear garden has a lawn and a patio area.

Off Street Parking: - The rear of the property can be accessed from Water Lane. The property benefits from having off street parking for two cars

Epc Link: - tba

Council Tax Band & Epc Rating: - Council Tax Band: B / EPC Rating: tba

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 💪