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Oakdene Way, Alwoodley, Leeds, LS17 8XR - Image 1
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Oakdene Way, Alwoodley, Leeds, LS17 8XR

Yorkshire

£325,000
Listed on 15/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
724 sqft

Description

This detached two-bedroom bungalow is positioned in a tranquil residential cul-de-sac, offering an appealing opportunity for those interested in renovation or investment projects. The property, while comfortably livable, presents significant potential for modernization, allowing new owners to tailor the space to their preferences and enhance its value. The home features a generous south-facing garden that benefits from sunlight throughout the day, creating an inviting outdoor space that is ideal for gardening, entertaining, or simply enjoying quiet moments outdoors. Accompanying this outdoor area is a patio perfect for al fresco dining. The property also includes a double driveway and a garage equipped with power and lighting; both could be leveraged to create additional living areas with the appropriate permissions. Conveniently located just off Shadwell Lane, the bungalow enjoys easy access to local shops, parks, and essential transport links—making it well-suited for everyday living as well as attracting future tenants if considered as an investment. Internally, the layout encompasses an entrance porch leading into a spacious lounge/diner, complemented by a well-sized kitchen. The two bedrooms are adaptable spaces—one featuring built-in wardrobes—which can easily be updated. A house bathroom with a three-piece suite offers functional amenities while also leaving room for improvement. Adding further appeal is a sizeable conservatory at the rear of the property, which offers splendid views of the garden and adds versatility to the living space. Overall, this bungalow rests on a sizable private plot that boasts lush landscaping and ample potential for enhancement. With thoughtful updates, this property could evolve into a charming home or an attractive rental opportunity in a sought-after location.

Investment Analysis

(LS17 area)

Above Market Value

This property is priced +30.6% above area average per sq ft

+30.6%
This Property
£449/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£273,802
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LS17)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -1.6%
5 year growth: 24.9%
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.

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Location

Oakdene Way, Alwoodley, Leeds, LS17 8XR
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