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Chichester Street, Leeds, West Yorkshire - Image 1
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Chichester Street, Leeds, West Yorkshire

Yorkshire

£70,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom back-to-back terrace presents an opportunity for those looking to invest in a property with significant renovation potential. Situated just 1.5 miles from Leeds City Centre, this home benefits from easy access to the vibrant heart of the city while remaining part of a more tranquil residential neighborhood. The layout includes a ground floor comprising a lounge and kitchen area, along with two bedrooms spread across the first and second floors. A cellar on the lower ground level offers additional storage or could be transformed into usable space, enhancing the property's appeal. Surrounding amenities contribute to this property's investment appeal. The area features good local schools and parks, making it attractive for families or renters. The nearby Leeds Canal is perfect for leisure activities, adding to the lifestyle benefits of living here. With various leisure facilities within close reach, the location supports an active lifestyle and community engagement. Given its current state requiring renovation throughout, this property is ideal for those looking to create a unique living space or expand their rental portfolio. With thoughtful updates, there is substantial potential for increased market value in a sought-after area close to key city attractions. The freehold tenure coupled with low council tax banding adds further incentive for prospective investors as well.

Investment Analysis

(LS12 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£240
Avg Yield
6.0%

Renovation Potential

Est. Renovation Cost
£7,000 - £17,500
10-25% of property value
Monthly Sales
32
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.0%
5 year growth: 33.7%
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

Chichester Street, Leeds, West Yorkshire
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