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Opportunity to create your Dream Home! Alwoodley, Leeds

Yorkshire

£750,000
Listed on 01/03/2025

Property Details

Bedrooms
8
Type
Detached house
Area
4000 sqft

Description

This substantial plot offers a unique opportunity to create a custom-built family home in the desirable LS17 area. Spanning approximately 0.5 acres, the site is situated in a well-established residential neighborhood known for its family-friendly atmosphere and proximity to top-tier schools. Previously housing a detached bungalow, this land presents an ideal canvas for those looking to design a bespoke residence that reflects their individual tastes and needs. The potential for a large, detached dwelling is significant, allowing for expansive living spaces and beautifully landscaped gardens (subject to planning permissions). Nestled among mature trees, this plot promises both privacy and serenity while remaining conveniently close to local amenities such as shops, recreational facilities, and public transport links. Key features include: - An exceptional self-build opportunity catering to personal specifications - A generous and secluded plot in a highly sought-after locale - Excellent connectivity to North Leeds' amenities including golf clubs and parks - Access to mains services previously available on site This is an excellent chance for self-builders or families seeking a tranquil yet accessible setting in North Leeds, making it an attractive investment for long-term living or resale potential.

Investment Analysis

(LS17 area)

Below Market Value

This property is priced -44.9% below area average per sq ft

-44.9%
Potential saving
This Property
£188/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,496,000
10% above area average per sq ft
Potential ROI
+49.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LS17)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +3.0%
5 year growth: +24.1%
Investment Disclaimer: Analysis based on LS17 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

Opportunity to create your Dream Home! Alwoodley, Leeds
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 over 30 years at 4.06% 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.

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