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Rathmell Road, Leeds - Image 1
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Rathmell Road, Leeds

Yorkshire

£65,000
Listed on 21/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Presenting a unique opportunity to invest in a cleared plot of land situated in a well-established residential neighborhood in Leeds. This parcel previously accommodated a residential structure, which has since been removed, resulting in a blank canvas ready for redevelopment. The site benefits from its location amidst existing homes on Rathmell Road and the surrounding area, providing a solid foundation for potential new construction. The straightforward nature of reinstating a dwelling here presents an appealing prospect for both investors looking to capitalize on the area's growth and individuals seeking to create their dream home. Given the established community and local amenities nearby, this property is positioned to attract interest from various buyers. Whether you envision developing multiple units or constructing a single-family residence, this plot holds significant renovation potential that should not be overlooked.

Investment Analysis

(LS15 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LS15)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 1.3%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on LS15 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

Rathmell Road, Leeds
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£238
Based on a loan of £48,750 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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