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New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ - Image 1
New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ - Image 2
New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ - Image 3
New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ - Image 4

New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ

Yorkshire

£300,000
Listed on 22/07/2025

Property Details

Bedrooms
27
Type
Detached house

Description

This property presents a unique renovation and investment opportunity for those looking to capitalize on the growing demand in a sought-after area. With a generous footprint, the site boasts outline planning consent for the construction of eight semi-detached houses and one detached house, each featuring its own garage. This potential development has been approved under application number 11/01362/OT, with documentation available upon request. Strategically positioned, the property benefits from its location in a vibrant community that offers easy access to local amenities, public transport, and green spaces, making it an attractive option for future homeowners or tenants. Additionally, there is versatility in its current use; the property can continue operating as a club or be repurposed for various other functions, pending necessary approvals. For investors and developers alike, this site offers significant potential to create residential units within a high-demand market. The existing consent provides a solid foundation to proceed with development plans while also leaving room for creative renovations that could enhance the property's value further. With the right vision and investment strategy, this opportunity could yield substantial returns in an evolving neighborhood.

Investment Analysis

(LS12 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£242
Avg Yield
6.2%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LS12)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 9.3%
5 year growth: 34.3%
Investment Disclaimer: Analysis based on LS12 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

New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ
Map showing location of New Wortley Labour Club, Oak Road Armley, Leeds, LS12 2HJ
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