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Richmond Avenue, Leeds

Yorkshire

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This semi-detached property presents a promising opportunity for renovation and investment. With three bedrooms and two reception areas, it offers a diverse layout suitable for families or as a potential rental property. The ground floor comprises a spacious lounge with a bay window that invites natural light, alongside a flexible reception room currently serving as a bedroom. A functional kitchen at the rear leads directly to the garden, ideal for outdoor enhancements. On the first floor, you'll find three well-sized bedrooms complemented by a family bathroom, providing ample space for reconfiguration or modernization. Off-street parking adds an additional layer of convenience in this desirable location.

Investment Analysis

(LS6 area)

Above Market Value

This property is priced +6.4% above area average per sq ft

+6.4%
This Property
£290/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£460
Avg Yield
8.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£310,210
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Richmond Avenue, 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
£1,099
Based on a loan of £225,000 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