Manning Stainton says ..
This ready made investment property is let to four currently achieving a 8.4% yield! Sold with the tenants in situ, call now to book a viewing.
Property Oracle says ..
This four-bedroom, two-bathroom terraced house located on Lucas Street in Leeds’ Headingley & Hyde Park area is presented as a ready-made investment property. The listing emphasizes its potential as a rental investment with a stated 8.4% yield. The property’s proximity to universities makes it attractive to students, bolstering its rental prospects. The provided photographs offer a glimpse into the interior, revealing a generally adequate but not extensively modernised condition. Some rooms display dated decor and could benefit from cosmetic upgrades. The property’s key selling point seems to be its location in a sought-after area and its potential for rental income. The lack of external space is a notable drawback. While the current condition is livable, prospective buyers aiming for a move-in ready property might find it requires some improvements. The price needs to be viewed in context of its immediate surroundings and other comparable properties in order to accurately assess its value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 1,130.21
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 361,779.00 £Increased by 27.06 %
- Est sale value
- 294,984.81 £Increased by 10.13 %
- Average area rental value
- 1,845.00 £/moIncreased by 88.84 %
- Est letting value
- 1,130.21 £/mo
- Est rental Yield
- 6.12 %Increased by 48.54 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Manning Stainton marked this listing as sold.
Manning Stainton created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Quarry Mount Primary School | Foundation School | Good | 0.15 KM |
Quarry Mount Children'S Centre | Children's Centre | 0.25 KM | |
Leeds City Academy | Academy Sponsor Led | Good | 0.39 KM |
Notre Dame Catholic Sixth Form College | Further Education | Outstanding | 0.70 KM |
University Of Leeds | Higher Education Institutions | 0.94 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Back Providence Avenue | £ 0 | 0 | 0.00 KM |
Leslie Terrace | £ 0 | 0 | 0.00 KM |
Unity Close | £ 0 | 0 | 0.00 KM |
Melville Place | £ 0 | 0 | 0.00 KM |
The Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Leeds | 8487 | LDS | 2.46 KM |
Burley Park | 8500 | BUY | 2.54 KM |
Headingley | 8498 | HDY | 4.31 KM |
Cottingley | 8505 | COT | 6.51 KM |
Kirkstall Forge | 6544 | KLF | 7.48 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Lucas Street, Leeds | £ 221,000 | BUY | 5 / 10 | 0.00 KM |
Pennington Street, Leeds, LS6 | £ 250,000 | BUY | 5 / 10 | 0.05 KM |
Delph Lane, Woodhouse, Leeds, LS6 | £ 200,000 | BUY | Unknown | 0.06 KM |
Hartley Crescent, Woodhouse, Leeds, LS6 | £ 375,000 | BUY | Unknown | 0.12 KM |
Hartley Grove, Woodhouse, Leeds | £ 300,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
15 Lucas Street | £ 165,000 | 0.02 KM |
25 Lucas Street | £ 302,500 | 0.02 KM |
23 Lucas Street | £ 55,330 | 0.02 KM |
13 Lucas Street | £ 270,000 | 0.02 KM |
27 Lucas Street | £ 190,000 | 0.02 KM |