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Allerton Grange Rise, LS17

Yorkshire

£420,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1421 sqft

Description

This three-bedroom property presents a compelling renovation opportunity, ideally situated just a short distance from the lively center of Chapel Allerton. With an extensive rear extension already underway, the groundwork is laid for creating a customized living space tailored to modern needs and preferences. Set on a substantial plot, the property offers ample possibilities for reconfiguration. The existing extension creates potential for a spacious open-plan layout that can seamlessly integrate kitchen, dining, and living areas, providing an environment conducive to both relaxation and entertaining. Designed with single-level living in mind, this home caters to various lifestyles—making it suitable for families or anyone who values accessibility without sacrificing spaciousness. The outdoor area boasts a generous garden that invites landscaping opportunities and space for outdoor gatherings, while off-street parking enhances convenience. The location further enriches this property’s appeal; it is within easy reach of local shops, quaint cafés, and restaurants, alongside nearby green spaces that promote leisure and wellness. This combination of features not only underlines its character but also highlights its investment potential in one of North Leeds' most sought-after neighborhoods. For those looking to undertake a rewarding renovation journey in a desirable area, this Chapel Allerton bungalow stands out as a promising venture filled with possibilities.

Investment Analysis

(LS17 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£296/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£276
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£533,877
10% above area average per sq ft
Potential ROI
+6.8%
After renovation
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
12%
Properties sold annually

Local Market Trend (LS17)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.7%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on LS17 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

Allerton Grange Rise, LS17
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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
£1,539
Based on a loan of £315,000 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