3 Bed Semi-Detached House, Refurb/BRRR, Leeds, LS12 5AW, £185,000

Stonebridge Grove, Leeds, West Yorkshire, LS12 5AW - 14 views - a month ago

Refurb/BRRR
ROI: 9%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£52K - £432.5K
Sold Prices/m²£1K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£184,913

 

 

End Value (After Refurb)

£182,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Refurb Costs

£36,800

Bridging Loan Interest

£4,856

Total Cash In

£100,106

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£182,750

Mortgage (After Refinance)

£137,063

Mortgage LTV

75%

Cash Left In

£100,106

Equity

£45,688

Rent Range

£895 - £3,500

Rent Estimate

£1,686

Running Costs/mo

£928

Cashflow/mo

£758

Cashflow/yr

£9,092

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £52K to £432.5K, average is £165K. £1K/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£228K10/230.04 mi15, Ring Road, Farnley, Leeds, West Yorkshire LS12 5AS3
£258K11/220.05 mi1a, Ring Road, Farnley, Leeds, West Yorkshire LS12 5AS3
£243K06/230.06 mi58, Stonebridge Lane, Leeds, West Yorkshire LS12 5AH3
£198K08/210.06 mi34, Stonebridge Lane, Leeds, West Yorkshire LS12 5AH3
£135K12/200.08 mi85, Stonebridge Grove, Leeds, West Yorkshire LS12 5AW3
£215K10/200.08 mi91, Stonebridge Grove, Leeds, West Yorkshire LS12 5AW3
£170K09/210.09 mi23, Farnley Crescent, Leeds, West Yorkshire LS12 5AN3
£105K12/200.13 mi17, Stonecliffe Bank, Leeds, West Yorkshire LS12 5BL3
£210K04/220.14 mi460, Tong Road, Leeds, West Yorkshire LS12 5AU3
£115K03/210.17 mi9, Bawn Gardens, Leeds, West Yorkshire LS12 5QL3
£225K08/220.17 mi579, Tong Road, Leeds, West Yorkshire LS12 5AT3
£130K05/210.19 mi5, Butt Row, Leeds, West Yorkshire LS12 5DL3
£52K08/230.21 mi1, Stonecliffe Lawn, Leeds, West Yorkshire LS12 5BH3
£165K01/210.22 mi51, Butt Lane, Leeds, West Yorkshire LS12 5AY3
£132K10/230.23 mi12, Stonecliffe Green, Leeds, West Yorkshire LS12 5BB3
£134K10/230.23 mi10, Stonecliffe Green, Leeds, West Yorkshire LS12 5BB3
£130K11/200.24 mi49, Farrow Bank, Leeds, West Yorkshire LS12 3TX3
£135K10/230.26 mi23, Farrow Bank, Leeds, West Yorkshire LS12 3TA3
£100K05/230.26 mi122, Pudsey Road, Leeds, West Yorkshire LS12 3TZ3
£180K06/210.28 mi59, Butterbowl Drive, Leeds, West Yorkshire LS12 5BX3
£120K12/210.29 mi8, Bawn Avenue, Leeds, West Yorkshire LS12 5QU3
£145K06/210.3 mi4, Farrow Road, Leeds, West Yorkshire LS12 3TB3
£141K06/210.3 mi31, Tong Green, Leeds, West Yorkshire LS12 5NF3
£245K03/210.31 mi1, Cross Lane, Farnley, Leeds, West Yorkshire LS12 5AA3
£185.5K04/210.32 mi71, Silver Royd Hill, Leeds, West Yorkshire LS12 4QQ3
£153.5K01/230.32 mi40, Silver Royd Drive, Leeds, West Yorkshire LS12 4QS3
£89K11/200.33 mi80, Tong Drive, Leeds, West Yorkshire LS12 5ND3
£142K03/210.34 mi80, Heights Drive, Leeds, West Yorkshire LS12 3TF3
£162K03/230.34 mi4, Farrow Hill, Leeds, West Yorkshire LS12 3TE3
£85K03/210.34 mi16, Silver Royd Grove, Leeds, West Yorkshire LS12 4QT3
£123K04/210.35 mi31, Silver Royd Terrace, Leeds, West Yorkshire LS12 4QX3
£133K05/230.35 mi9, Silver Royd Terrace, Leeds, West Yorkshire LS12 4QX3
£167K09/230.36 mi14, Bawn Approach, Leeds, West Yorkshire LS12 5BZ3
£170K02/230.36 mi19, Water Lane, Leeds, West Yorkshire LS12 5LX3
£250K10/230.36 mi56, Water Lane, Leeds, West Yorkshire LS12 5LX3
£245K02/240.36 mi17, Water Lane, Leeds, West Yorkshire LS12 5LX3
£138K08/230.37 mi90, Heights Way, Leeds, West Yorkshire LS12 3SS3
£165K02/240.39 mi73, Bawn Approach, Leeds, West Yorkshire LS12 5BR3
£200K12/230.39 mi379, Tong Road, Leeds, West Yorkshire LS12 4QG3
£432.5K10/220.4 miLawns Farm Cottage, Chapel Lane, New Farnley, Leeds, West Yorkshire LS12 5EX3
£210K11/230.41 mi24, Hare Farm Avenue, Leeds, West Yorkshire LS12 5QB3
£146K03/210.42 mi158, Whincover Drive, Leeds, West Yorkshire LS12 5AE3
£150K05/230.42 mi174, Whincover Drive, Leeds, West Yorkshire LS12 5AE3
£230K11/220.43 mi25, Gamble Lane, Leeds, West Yorkshire LS12 5LP3
£147K11/230.43 mi179, Ring Road, Farnley, Leeds, West Yorkshire LS12 5LU3
£195K07/230.43 mi151, Ring Road, Farnley, Leeds, West Yorkshire LS12 5LU3
£227K04/230.46 mi19, St James Mews, Leeds, West Yorkshire LS12 3UT3
£218K04/210.46 mi17, St Marys Park Crescent, Leeds, West Yorkshire LS12 3UU3
£225K08/210.47 mi9, St Marys Park Crescent, Leeds, West Yorkshire LS12 3UU3
£288K05/220.47 mi6, Maple Drive, New Farnley, Leeds, West Yorkshire LS12 5RZ3

Local Rents

14 rents from £895/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£3,40003/250.16 mi-3
£3,50012/240.17 mi-3
£3,40003/250.17 mi-3
£1,40003/240.17 mi-3
£1,40005/240.22 miBobbin Row, Leeds, West Yorkshire, LS123
£1,35005/240.22 miBobbin Row, Leeds, West Yorkshire, LS123
£1,00012/240.43 mi-3
£89505/240.48 miSwallow Avenue, Leeds, LS123
£1,20012/240.56 mi-3
£1,10005/240.57 miCongress Mount, Armley, Leeds3
£97505/240.6 mi-3
£1,10005/240.61 miHenconner Lane, Bramley, Leeds, West Yorkshire, LS133
£1,18004/250.62 mi-3
£1,20003/250.62 mi-3

Local Area Statistics

Population in LS12

40,736

Population in Leeds

635,166

Town centre distance

2.63 miles away

Nearest school

0.50 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £185,000

March 24, 2025

Description

  • In Need Of Modernisation +
  • No Onward Chain +
  • Three Bedroom Semi-Detached +
  • Corner Plot Position +
  • Through Lounge/Diner & Kitchen +
  • Three Bedrooms, Bathroom & Sep W.C +
  • Gardens Front & Rear +
  • Material Information Available/Ask Agent +

Offered for sale with no onward chain. Corner plot semi-detached home, situated in this popular residential development within easy reach of Ring Road and Motorway networks. With good local primary and secondary schools, local shop and bus routes nearby.

To the ground floor is a generous through lounge with dining area and a separate kitchen.

Upstairs are three good size bedrooms, two with built in storage, the bathroom a two piece suite and separate w.c.

To the front of the property is a low maintenance gravel and paved garden. To the rear is a lawned garden with patio area and useful brick built store.

The property requires updating and a viewing is advised.

Agent Details

Manning Stainton, Wortley

0113 519 1788

Next Steps?

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