3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS11 5RL, £150,000

6 PARKWOOD DRIVE, BEESTON, LEEDS, WEST YORKSHIRE LS11 5RL - 53 views - 2 years ago

Refurb/BRRR
ROI: 2%
~95 m²
+18 photos

ValuationFair Value

Sold Prices£62K - £280K
Sold Prices/m²£711/m² - £3.2K/m²

 

 

Square Metres

~95 m²
Price/m²£1.6K/m²

Value Estimate

£150,000

 

 

End Value (After Refurb)

£214,443

Uplift in Value

+43%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£37,938

Bridging Loan Interest

£3,938

Total Cash In

£86,826

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£214,443

Agent Fees (1%)

£2,144

Bridging Loan

£112,500

Bridging Loan Interest

£3,938

Flip Profit

£12,973

Local Sold Prices

50 sold prices from £62K to £280K, average is £185K. £711/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£190K10/220.01 mi25, Parkwood Road, Leeds, West Yorkshire LS11 5RJ3
£190.5K11/230.01 mi21, Parkwood Drive, Leeds, West Yorkshire LS11 5RL3
£123K01/210.01 mi19, Parkwood Drive, Leeds, West Yorkshire LS11 5RL3
£150K04/210.02 mi29, Parkwood Road, Leeds, West Yorkshire LS11 5RJ3
£170K02/240.03 mi8, Parkwood Road, Leeds, West Yorkshire LS11 5QY3
£165K12/230.1 mi7, Parkwood Avenue, Leeds, West Yorkshire LS11 5RH3
£165K02/230.11 mi52, Parkwood Road, Leeds, West Yorkshire LS11 5QZ3
£153K05/230.12 mi40, Parkwood Road, Leeds, West Yorkshire LS11 5QZ3
£168K06/230.12 mi38, Parkwood Road, Leeds, West Yorkshire LS11 5QZ3
£230K09/210.12 mi50, Southleigh Crescent, Leeds, West Yorkshire LS11 5TW3
£167.5K12/200.13 mi5, Gipsy Lane, Leeds, West Yorkshire LS11 5TP3
£167K06/230.13 mi29, Gipsy Lane, Leeds, West Yorkshire LS11 5TP3
£192K04/240.13 mi7, Gipsy Lane, Leeds, West Yorkshire LS11 5TP3
£200K06/230.15 mi30, Southleigh Crescent, Leeds, West Yorkshire LS11 5TW3
£265K07/230.15 mi6, Fulneck Close, Leeds, West Yorkshire LS11 5PQ3
£210K01/230.16 mi28, Southleigh Crescent, Leeds, West Yorkshire LS11 5TW3
£210K01/230.18 mi14, Chatswood Avenue, Leeds, West Yorkshire LS11 7AL3
£249K12/210.18 mi10, The Links, Beeston, Leeds, West Yorkshire LS11 5BF3
£249K12/210.18 mi10, The Links, Beeston, Leeds, West Yorkshire LS11 5BF3
£161K04/210.2 mi1, Allenby Road, Leeds, West Yorkshire LS11 5RN3
£155K08/210.2 mi11, Allenby Road, Leeds, West Yorkshire LS11 5RN3
£200K11/230.2 mi6, Southleigh Drive, Leeds, West Yorkshire LS11 5TR3
£280K09/230.2 mi25, Southleigh Drive, Leeds, West Yorkshire LS11 5TR3
£157.5K08/210.2 mi10, Allenby Gardens, Leeds, West Yorkshire LS11 5RW3
£148K02/210.2 mi10, Waincliffe Drive, Leeds, West Yorkshire LS11 8ET3
£185K07/210.21 mi3, Southleigh Gardens, Leeds, West Yorkshire LS11 5SL3
£193K01/240.21 mi29, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£260K08/210.21 mi60, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£130K10/210.21 mi46, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£225K05/240.21 mi41, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£175K05/210.21 mi42, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£185K01/210.21 mi10, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£62K05/240.21 mi33, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£210K10/230.22 mi512, Dewsbury Road, Leeds, West Yorkshire LS11 8ES3
£173K06/210.22 mi5, Chatswood Crescent, Leeds, West Yorkshire LS11 7AJ3
£235K09/230.24 mi8, Allenby Crescent, Leeds, West Yorkshire LS11 5RZ3
£144K11/200.24 mi60, Cardinal Avenue, Leeds, West Yorkshire LS11 8HF3
£219.9K04/230.24 mi66, Southleigh Road, Leeds, West Yorkshire LS11 5SG3
£185K06/240.24 mi28, Southleigh Road, Leeds, West Yorkshire LS11 5SG3
£195K12/220.25 mi44, Waincliffe Mount, Leeds, West Yorkshire LS11 8AH3
£200K04/240.26 mi10, Southleigh View, Leeds, West Yorkshire LS11 5SJ3
£166K06/210.27 mi7, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£170K05/240.27 mi9, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£120K03/210.27 mi31, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£212.5K04/240.27 mi47, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£185K06/210.27 mi87, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£185K06/210.27 mi87, Southleigh Road, Leeds, West Yorkshire LS11 5SQ3
£190K02/230.28 mi1, Waincliffe Terrace, Leeds, West Yorkshire LS11 8EZ3
£164K11/210.28 mi21, Allenby Drive, Leeds, West Yorkshire LS11 5RX3
£140K12/200.32 mi6, Parkside Grove, Leeds, West Yorkshire LS11 7LH3

Local Rents

11 rents from £850/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,15004/240.19 mi-3
£1,10005/240.21 miWaincliffe Drive, Leeds, West Yorkshire3
£1,32009/240.23 mi-3
£85010/230.28 mi-3
£1,10002/250.34 mi-3
£1,29512/240.38 mi-3
£85011/230.47 mi-3
£85005/240.48 mi-3
£85005/240.48 mi-3
£85011/230.52 mi-3
£90005/240.54 mi-3

Local Area Statistics

Population in LS11

34,732

Population in Leeds

635,166

Town centre distance

2.73 miles away

Nearest school

0.20 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Price changed to £150,000

September 25, 2024

Listed for £165,000

October 9, 2023

Floor Plans

Description

  • Perfect for First Time Buyers +
  • Situated in a Cul-De-Sac +
  • 3 Well proportioned Bedrooms +
  • Close to local amenties +
  • UPVC Double Glazing +
  • Driveway and Detached Garage +
  • Excellent Commuter Links +
  • No Onward Chain +

(Guide Price £150,000 to £160,000) DPSH OFFERS TO MARKET THIS PERFECT INVESTMENT OPPORTUNITY! LOCATED IN A CUL-DE-SAC LOCATION CLOSE TO THE PICTURESQUE PARK AT MIDDLETON AND THE WHITE ROSE SHOPPING CENTRE WITH A THROUGH LOUNGE, EXTENDED KITCHEN, 3 BEDROOMS, DETACHED GARAGE, ENCLOSED GARDEN AND DRIVE. CALL NOW!

Offered with no onward chain this priced-to-sell property requires only cosmetic modernisation to be restored to its former glory. With some tender loving care this home could bring years of happiness and memories for the new owner(s).

Located close many local amenities including the Whiterose shopping centre and Highly rated Cockburn Academy with picturesque Middleton park just a stones throw away, this 3 bedroom home is situated in a cul-de-sac with great access to bus routes and motorway links making the property ideal for many buyers.

Walking down the driveway you enter the front door into a hallway with space for coats and shoes, the stairs to the 1st floor are immediately in front with the door to the living room on your right.

The living room is a great size and runs through to the back of the house where French doors open out into the rear garden.

Access to the kitchen is at the far end of the living room where an extension has been added to create more space for those who like to make the most of cooking and baking. The kitchen offers ample storage with a range of base and wall units with complementing counter tops.

Moving to the first floor there are 2 good sized double bedrooms and a single bedroom. A great spacious layout for a family.

The house bathroom comprises of a WC with low level flush, hand basin and bath with shower over.

Outside to the front of the home is a fully enclosed garden with a patio and driveway running along the side of the property to the detached garage at the rear. To the rear is a fully enclosed garden mainly laid to lawn which once tidied would make a perfect low maintenance peaceful space for enjoying the sunshine!

The detached garage is in good condition and offers additional space with a multitude of uses.

A great opportunity for anyone looking to put their own stamp on a property ideal for first time buyer's or investors!

For Layout see floor plans!

EPC to follow

Council Tax Band: B
Tenure: Freehold

Agent Details

DPSH, Morley

0113 519 4659

Next Steps?

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