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Brookfield Road, Leeds

Yorkshire

£575,000
Listed on 01/12/2025

Property Details

Bedrooms
5
Type
Terraced house

Description

This impressive period terrace property, currently divided into five self-contained flats, presents a unique opportunity for investors and renovators alike. Nestled in a desirable conservation area of North Leeds, the location is enhanced by its proximity to the Meanwood Valley Trail and easy access to local amenities in Headingley and Meanwood as well as direct routes into Leeds city centre. With three flats currently vacant, plus two additional rental agreements in place yielding £795 and £800 per calendar month respectively, there's considerable potential for rental income or future renovation. The building offers a characterful arrangement with two ground-floor one-bedroom flats, a two-bedroom flat on the first floor, another two-bedroom unit on the second floor, and a loft-style one-bedroom flat featuring a balcony with scenic views. Previous planning permission was granted in 2005 for basement alterations to convert one of the flats into a larger two-bedroom space, adding further potential for expansion. The property benefits from both front and rear outdoor spaces; while the rear yard provides private access from Brookfield Road, the mature garden at the front invites recreational use with its direct connection to local walking paths. Internal inspections are highly recommended to fully appreciate both the size and diverse renovation options available for this substantial property.

Investment Analysis

(LS6 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£460
Avg Yield
8.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LS6)

Area prices are falling by +8.8% over the last 12 months
3 year growth: 5.1%
5 year growth: 20.6%
Investment Disclaimer: Analysis based on LS6 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

Brookfield Road, 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
£2,106
Based on a loan of £431,250 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