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Weetwood Lane, Leeds, West Yorkshire, LS16

Yorkshire

£875,000
Listed on 20/04/2024

Property Details

Bedrooms
6
Type
Semi Detached
Area
5527 sqft

Description

This impressive six-bedroom semi-detached house, set within a sought-after area of North Leeds, offers an expansive 5,527 square feet of space and includes a 438 square foot annex. Secluded down a private driveway, the property is positioned beautifully in Weetwood Grange, presenting a unique chance for renovation enthusiasts to restore this period masterpiece to its former glory. The residence boasts numerous original features such as oak panelling, decorative ceilings, exposed beams, and elegant mouldings. Although much of its grandeur remains intact, the home requires comprehensive refurbishment throughout to optimize its potential. Featuring five reception rooms and a breakfast kitchen equipped with a log burner, the layout supports flexible living arrangements. The substantial cellar presents further possibilities for enhancement subject to necessary permissions. The first floor comprises six generous double bedrooms and a sizeable family bathroom, including an ensuite in the master bedroom (plumbing only). Outside, there's ample parking space along with proximity to local amenities and parks. This distinctive property is ideal for those looking to invest in a characterful home that has not been on the market for over two decades.

Investment Analysis

(LS16 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£158/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,982,286
10% above area average per sq ft
Potential ROI
+93.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LS16)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -1.0%
5 year growth: +1.8%
Investment Disclaimer: Analysis based on LS16 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.

Location

Weetwood Lane, Leeds, West Yorkshire, LS16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,099
Based on a loan of £656,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-12.5% since listed
£875,000£50,000(-5.4%)
23/05/2025
Current price
£925,000£75,000(-7.5%)
12/02/2025
£1,000,000Initial listing
20/04/2024

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