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Weetwood Lane, Leeds, West Yorkshire, LS16 - Image 1
Weetwood Lane, Leeds, West Yorkshire, LS16 - Image 2
Weetwood Lane, Leeds, West Yorkshire, LS16 - Image 3
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Weetwood Lane, Leeds, West Yorkshire, LS16 - Image 5

Weetwood Lane, Leeds, West Yorkshire, LS16

Yorkshire

£875,000
Listed on 24/05/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
5527 sqft

Description

This six-bedroom semi-detached house, located in the desirable Weetwood area of North Leeds, presents a unique opportunity for those looking to invest in a project with significant renovation potential. Spanning 5,527 square feet, this property is nestled at the end of a private driveway, offering a sense of tranquility and seclusion while being conveniently close to local amenities. Weetwood Grange boasts many original architectural features that reflect its period charm, including intricate oak paneling, decorative ceiling and wall moldings, and exposed beams. The layout offers substantial living space with five reception rooms complemented by a breakfast kitchen featuring a cozy log burner. The ground floor also includes practical amenities such as a cloakroom, shower room, utility space, and access to a sizeable cellar that could provide additional functional opportunities with the proper planning permissions. The first floor houses six spacious double bedrooms and a generously sized family bathroom. The master bedroom benefits from plumbing for an en-suite bath or shower room. This versatile configuration allows for various living arrangements and is particularly appealing for families or those wishing to create guest accommodations. Additionally, the property features a self-contained one-bedroom annex on the ground floor that can serve as an independent living space for guests or potentially generate rental income—a valuable asset in today's housing market. Situated near the heart of Weetwood, residents will have easy access to an array of shopping options and transport links. Proximity to recreational spaces like Meanwood Park and Becketts Park enhances the appeal of this locale. Furthermore, its location enables straightforward travel into Leeds city center and convenient access to major routes connecting Harrogate and York. This property has been held by the same family for over two decades, making it a rare find in this sought-after community. With its robust structure and rich character waiting for revitalization, it offers an excellent canvas for buyers prepared to invest time and resources into restoring this grand home. Early viewing is advised to fully appreciate the scale and potential this residence holds.

Investment Analysis

(LS16 area)

Below Market Value

This property is priced -50.8% below area average per sq ft

-50.8%
Potential saving
This Property
£158/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£293
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£87,500 - £218,750
10-25% of property value
Target Value
£1,957,967
10% above area average per sq ft
Potential ROI
+79.0%
After renovation
Monthly Sales
28
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (LS16)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 2.3%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on LS16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Weetwood Lane, Leeds, West Yorkshire, LS16
Map showing location of Weetwood Lane, Leeds, West Yorkshire, LS16
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