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Roundhay Avenue, Leeds

Yorkshire

£235,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
790 sqft

Description

This three-bedroom end terrace property presents a solid opportunity for those looking to make their mark through renovation. While in need of modernization, the home provides a spacious layout that could be transformed to suit contemporary living standards. Upon entering, you are greeted by an entrance hallway leading into a comfortable lounge featuring a traditional fireplace. The separate dining kitchen is equipped with various wall and base units and includes a handy pantry storage cupboard, making it functional while offering ample scope for updates. Upstairs, you'll find a landing connecting three bedrooms and a shower room, which contains a basic three-piece suite. Externally, the property features a modest front garden and a yard at the rear, allowing for potential outdoor enhancements or landscaping ideas. Location-wise, this property benefits from its proximity to Potternewton Park and Gledhow Valley Woods—ideal spots for nature enthusiasts seeking green space amidst urban living. Local shopping options are available along Roundhay Road and Harehills Lane, with more diverse amenities encompassing shops, cafes, bars, and restaurants found on Oakwood Parade and in the vibrant Chapel Allerton area. Additionally, regular public transport services on Roundhay Road provide convenient access to Leeds City Centre and surrounding neighborhoods. Overall, this property not only offers the advantage of no onward chain but also stands as an appealing investment opportunity for first-time buyers or investors looking to capitalize on a promising location with renovation potential.

Investment Analysis

(LS8 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£297/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£253,053
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LS8)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 3.8%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on LS8 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

Roundhay Avenue, 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
£861
Based on a loan of £176,250 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