2 Bed Flat, Single Let, Leeds, LS16 6AY, £150,000

83 Redesdale Gardens, Adel, Leeds, West Yorkshire, LS16 6AY - 18 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£67.5K - £230K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£149,934

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£795 - £1,300

Rent Estimate

£795

Running Costs/mo

£648

Cashflow/mo

£147

Cashflow/yr

£1,767

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £67.5K to £230K, average is £138.3K. £1.3K/m² to £2.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£135.5K10/200.04 mi87, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£137.5K11/200.04 mi59, Redesdale Gardens, Leeds, West Yorkshire LS16 6AY2
£145K03/230.04 mi114, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£147K02/240.04 mi148, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£140K03/230.04 mi132, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£117K11/230.04 mi86, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£110K05/230.04 mi2, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K05/210.04 mi19, Otterburn Gardens, Leeds, West Yorkshire LS16 6AS2
£145K10/220.05 mi158, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AX2
£160K12/220.05 mi71, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AY2
£120K01/210.08 mi74, New Adel Lane, Leeds, West Yorkshire LS16 6AP2
£170K12/220.12 mi82, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£125K10/210.13 mi7, Rothbury Gardens, Leeds, West Yorkshire LS16 6AW2
£113K03/210.17 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£113K03/210.17 mi3, Redesdale Gardens, Leeds, West Yorkshire LS16 6AT2
£119K12/220.17 mi60, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£137.5K02/210.17 mi14, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K06/240.17 mi10, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£145K10/230.17 mi62, Redesdale Gardens, Adel, Leeds, West Yorkshire LS16 6AU2
£160K11/230.19 mi26, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£135K11/200.19 mi54, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£150K06/240.19 mi30, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£148.5K12/230.19 mi16, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£130K09/230.19 mi56, New Adel Lane, Leeds, West Yorkshire LS16 6AN2
£84K01/210.22 mi17, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K05/210.22 mi1, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£80K07/210.22 mi9, Magdalene Close, Leeds, West Yorkshire LS16 6QJ2
£139K07/210.25 mi371, Otley Road, Leeds, West Yorkshire LS16 6AL2
£115K03/210.25 mi397, Otley Road, Leeds, West Yorkshire LS16 6AL2
£144K05/230.25 mi389, Otley Road, Leeds, West Yorkshire LS16 6AL2
£170K10/220.35 mi24, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£149.5K07/210.36 mi19, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£140K07/210.36 mi44, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£136K10/200.36 mi34, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£152K11/230.36 mi49, Lawns Hall Close, Leeds, West Yorkshire LS16 8HY2
£153.1K01/230.4 mi14, Heathfield Walk, Leeds, West Yorkshire LS16 7QQ2
£110K10/220.49 mi82, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£75K05/230.49 mi88, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£95K05/230.49 mi90, Ireland Crescent, Leeds, West Yorkshire LS16 6SZ2
£114K08/210.6 mi193, Iveson Drive, Leeds, West Yorkshire LS16 6NY2
£67.5K01/210.71 mi26, Holtdale Fold, Leeds, West Yorkshire LS16 7RS2
£165K12/210.75 mi17, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£182.5K03/210.75 mi18, Oaklands Fold, Adel, Leeds, West Yorkshire LS16 8NT2
£117K10/220.75 mi12, Tinshill Mount, Leeds, West Yorkshire LS16 7AX2
£92K04/210.75 mi34, Tinshill Mount, Leeds, West Yorkshire LS16 7AX2
£175K12/230.76 mi299, Otley Road, Leeds, West Yorkshire LS16 6EY2
£158K01/210.79 mi11, Grange Wood Court, Leeds, West Yorkshire LS16 6ED2
£175K02/230.8 mi42, Long Causeway, Adel, Leeds, West Yorkshire LS16 8EQ2
£100K10/200.84 mi94, Tinshill Lane, Leeds, West Yorkshire LS16 7BE2
£230K06/210.86 mi7, Glendower Park, Adel, Leeds, West Yorkshire LS16 8HA2

Local Rents

20 rents from £795/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£79501/240.02 mi-2
£95006/240.04 miRedesdale Gardens, Leeds, LS162
£79505/240.05 miRedesdale Gardens, Adel, LEEDS 162
£1,15009/240.09 mi-2
£80005/240.09 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£89512/230.09 mi-2
£85005/240.1 miRedesdale Gardens, Adel, Leeds2
£95002/250.12 mi-2
£85001/240.14 mi-2
£82505/240.15 miNew Adel Lane, Leeds, West Yorkshire, UK, LS162
£1,30002/250.15 mi-2
£1,10003/240.15 mi-2
£82505/240.18 miRedesdale Gardens, Adel, Leeds2
£82505/240.24 miRedesdale Gardens, Leeds, West Yorkshire, UK, LS162
£89505/240.25 miRaynel Mount, Adel, Leeds2
£1,20005/240.35 miWoodlands Grove, Adel, Leeds, West Yorkshire.2
£1,20005/240.39 miLuttrell Gardens, Lawnswood, Leeds, LS16 6LY2
£1,05005/240.51 miIveson Green, LEEDS2
£1,02010/240.55 mi-2
£79506/240.59 mi6 Holtdale View, Leeds, LS162

Local Area Statistics

Population in LS16

35,198

Population in Leeds

635,166

Town centre distance

3.83 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £150,000

March 20, 2025

Floor Plans

Description

  • First floor apartment. +
  • Ideal for FTB/Investors. +
  • Two double bedrooms. +
  • Spacious lounge diner with dual aspect windows. +
  • Separate fitted kitchen. +
  • Cul De Sac Location. +
  • Nicely finished and ready to move into. +
  • Desirable Adel location. +
  • On street parking available. +
  • Communal garden. +

Spaciously appointed first floor apartment, offering two generous double bedrooms, large lounge diner and modern fitted kitchen. Communal gardens and on street parking available. Ideal for BTL investors or young professionals, Sure to be popular, call us now to arrange your viewing.

LOCATION
Adel is a prime residential location in North-Leeds, enjoying a thriving village atmosphere, with a selection of amenities within a short distance. Eateries, cafes, shops, supermarket, doctor's surgeries, health & beauty/hair salons, leisure and sports centres, plus an array of golf courses within a five mile radius. Bus and road access links into Leeds, Bradford, Harrogate, Otley & Headingley are on hand, with a train station in Horsforth and Headingley too. Adel Primary and St John the Baptist primary schools are sought after, along with two re-designed and re-built High Schools - Lawnswood and Ralph Thoresby. The Grammar School at Leeds has a bus pick-up/drop off point in Adel, as does Prince Henry's in Otley. Moorlands Independent/Prep School is a short distance away, Gateways public school is a few miles distant and Froebelian Independent/prep school is located in Horsforth. Adel boasts Bedquilts recreation ground, a Memorial Hall where cricket, archery and squash can be enjoyed, with a drink in the bar after. The local Golden Acre Park offers perfect recreational space with a lake and lots of wildlife and by travelling only a short distance further, you will find stunning Otley Chevin, Harewood House and beautiful countryside walks. Leeds is recognised as one of the top Cities in the North, with its vibrancy, high quality shopping and plethera of eateries, bars & cafes. Leeds-Bradford International Airport is a short car ride away.

GROUND FLOOR
Entrance door to the side of the property with staircase upto the first floor.

FIRST FLOOR
A welcoming entrance hall with doors leading to each room. The lounge/dining room is a fantastic size with neutral decor theme and carpeted. There are well defined areas for comfy sofa seating for relaxing as well as formal dining. Dual aspect windows provide the room with lots of natural light. The kitchen is seperate from the living space and fitted with modern, Shaker style wall, base and drawer units with laminate worksurfaces, stainless steel sink with side drainer, mixer tap and tiling to the splashbacks. Integrated with electric oven, four point hob and extractor above. Space for washing machine and tall fridge freezer. Access to tall fitted storage cupboard over the stairs. Laminate wood flooring. Dual aspect windows provide plenty of natural light. There are two double bedrooms, both carpeted with neutral decor scheme and each has a fitted cupboard for storage. The house bathroom is fitted with a white, three piece suite, comprising bath tub with shower over and glazed screen, WC and pedestal hand wash basin. Neutral tiling to half walls and wet areas. Laminate wood flooring.

OUTSIDE
Communal gardens and on street parking available.

BROCHURE DETAILS
Hardisty and Co prepared these details, including photography, in accordance with our estate agency agreement.

SERVICES – Disclosure of Financial Interests
Unless instructed otherwise, the company would normally offer all clients, applicants, and prospective purchasers its full range of estate agency services, including the valuation of their present property and sales service. We also intend to offer clients, applicants and prospective purchasers' mortgage and financial services advice through our association with Mortgage Advice Bureau. We will also offer to clients and prospective purchasers the services of our panel solicitors, removers, and contactors. We would normally be entitled to commission or fees for such services and disclosure of all our financial interests can be found on our website.

MORTGAGE SERVICES
We are whole of market and would love to help with your purchase or remortgage. Call to book your appointment today option 4.

LEASEHOLD & RELATED CHARGE
We understand that the property is leasehold and may there fore carry an annual charge for maintenance/ground rent. We are advised that the following applies. 145 remaining as of March 2025, extended in January for 150 years. - Ground Rent £50 P.A. Maintenance charge £363 PA. Clarification regarding lease terms, length and any charges should be sought via the vendors solicitors.

Agent Details

Hardisty & Co, Horsforth

0113 519 3380

Next Steps?

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