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Elder Croft, Leeds

Yorkshire

£195,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached home presents a significant opportunity for renovation and investment. Situated in a sought-after residential neighborhood, the property is surrounded by similar homes, making it an appealing choice for first-time buyers, families, or investors looking to enhance their portfolio. While the house requires modernisation and updating, its existing features include double glazing and gas central heating, which are desirable elements that can be retained and improved upon. The ground floor layout comprises a hallway that leads to a generously sized living room with practical under-stairs storage. Adjacent to this space is a dining room offering ample room for various furnishings, as well as a kitchen equipped with built-in cabinets awaiting refurbishment. A conservatory expands the living area and connects directly to the rear garden through French doors. Upstairs, the layout includes two double bedrooms and one single bedroom, alongside a bathroom that features a simple white suite. This configuration lends itself well to creating functional living spaces tailored to individual needs. Externally, the property boasts gardens at both the front and rear, providing outdoor space for leisure or potential landscaping projects. A driveway offers convenient off-street parking along with access to a single garage. The location benefits from proximity to local amenities within walking distance. Additionally, major transport links such as the Outer Ring Road and Bramley Railway Station facilitate easy commuting to Leeds city center and beyond—an attractive factor for potential renters or future buyers. Overall, this property holds considerable potential for those willing to invest time in renovations while also providing an excellent foundation for generating rental income in the future.

Investment Analysis

(LS13 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LS13)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 9.2%
5 year growth: 28.2%
Investment Disclaimer: Analysis based on LS13 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.

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Location

Elder Croft, Leeds
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