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Park Crescent, Armley, Leeds

Yorkshire

£170,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1153 sqft

Description

This three-bedroom end back-to-back terrace presents a compelling opportunity for renovation and investment, nestled in a desirable area of Armley. While the property retains its charming characteristics, it offers significant potential for those looking to put their mark on it and create a customized family residence. Entering through an inviting hallway, you are welcomed into a spacious kitchen and dining area on the left. This room, with its practical layout of wall and base units, offers ample storage and workspace, making it well-suited for family gatherings. A large double-height window brings in natural light, enhancing the room's open ambiance. At the rear, there's access to a dry double cellar which provides valuable storage or could be reimagined into additional living space. The ground floor lounge is generously sized, providing enough room for substantial seating arrangements. With two tall windows allowing sunlight to pour in and a classic fireplace serving as a focal point, this area is both comfortable and inviting. Ascending to the first floor reveals two spacious double bedrooms; one includes built-in storage solutions for added convenience. The family bathroom on this level is fitted with a modern three-piece suite but may benefit from updating to suit contemporary tastes. On the top floor, you'll discover the third double bedroom featuring double windows that overlook the side elevation. An adjoining space offers versatility—ideal as a fourth bedroom, home office, dressing area, or walk-in wardrobe—catering to various lifestyle needs. Throughout the property is neutrally decorated, providing a blank canvas ready for personal touches. Its prime location near Leeds City Centre ensures easy access to transport links and local amenities. This property not only presents a chance to create your ideal home but also stands as an excellent investment potential within an evolving neighborhood. Prospective buyers should note that there may be some complexities regarding land registration; consulting with your conveyancer is recommended before proceeding.

Investment Analysis

(LS12 area)

Below Market Value

This property is priced -35.3% below area average per sq ft

-35.3%
Potential saving
This Property
£147/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£209
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£288,855
10% above area average per sq ft
Potential ROI
+52.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.3%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on LS12 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

Park Crescent, Armley, 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
£623
Based on a loan of £127,500 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