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Highbury Terrace, Leeds

Yorkshire

£239,950
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
893 sqft

Description

This two-bedroom mid-terraced property presents an appealing opportunity for renovation and investment in a vibrant location. The home features a charming garden that enjoys ample afternoon sunlight, perfect for outdoor relaxation or potential landscaping projects. Situated within close proximity to the diverse shops, bars, and restaurants of both Headingley and Meanwood, this property benefits from an urban lifestyle while also being adjacent to the tranquil Meanwood Valley Trail. This pathway provides easy access to beautiful parkland and the surrounding green spaces, enhancing outdoor recreation options. Additionally, the property is conveniently located for easy commuting to Leeds city centre and offers straightforward connections to the outer ring road. Internally, the layout includes a cozy lounge characterized by its wooden flooring, adding warmth to the living space. The galley kitchen is functional and presents an opportunity for updates that can be tailored to personal preferences. The basement area adds significant potential; it could serve as valuable storage or be converted into additional living space with the appropriate permits. On the upper levels, you will find a double bedroom along with a spacious bathroom equipped with WC facilities. The top floor houses another double bedroom featuring a dormer window that brings in natural light and enhances the overall appeal of the space. The attractive enclosed garden outside is a noteworthy feature, offering room for gardening projects or further development, alongside ample on-street parking options for residents and visitors alike. This property is offered with no onward chain, making it an ideal choice for first-time buyers looking to create their dream home through thoughtful improvements. In summary, this residence not only boasts desirable features but also represents considerable potential for those interested in investing in a property that they can enhance over time in a well-connected area rich with amenities.

Investment Analysis

(LS6 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£269/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£519
Avg Yield
9.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£270,083
10% above area average per sq ft
Potential ROI
+1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LS6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 13.2%
5 year growth: 25.4%
Investment Disclaimer: Analysis based on LS6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Highbury Terrace, Leeds
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