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St. Annes Drive, Leeds

Yorkshire

£260,000
Listed on 05/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
980 sqft

Description

This semi-detached property offers a versatile layout with two to three bedrooms and possesses considerable renovation and investment potential. Located in a desirable residential area, this home is conveniently close to local cricket and rugby grounds, as well as the diverse amenities of Headingley. It's also within easy reach of Burley Park train station and Leeds city centre. Currently let to three tenants with a rental income of £20,335 per annum until June 2025, this property not only has a lawful use certificate for C4/HMO use but also comes with planning permission for conversion into two self-contained one-bedroom flats (C3 use), adding significant value to any potential investment. The accommodation features an entrance hall leading to a bedroom, lounge/dining area, kitchen, and separate WC on the ground floor. The first floor comprises two additional bedrooms along with a bathroom that includes a separate shower enclosure. Outside, you'll find a spacious block-paved driveway providing ample parking and a rear lawned garden complete with a paved patio area. This property could also be converted back into a family home once the current tenancies conclude. Prospective buyers should note that the sale is contingent upon retaining the existing lettings management agent for the duration of the current leases.

Investment Analysis

(LS4 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£265/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£407
Avg Yield
9.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£282,813
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (LS4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 3.7%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on LS4 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

St. Annes Drive, Leeds
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE