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Strathmore Terrace, Leeds

Yorkshire

£160,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
861 sqft

Description

Located on the sought-after Strathmore Terrace in LS9, this well-appointed three-bedroom terraced house presents an enticing opportunity for both investors and those looking to create a family home. Its prime location offers easy access to St James's University Hospital, Leeds City Centre, and major transport links including the A64 and M1, making it ideal for urban living. The property is currently generating a robust income of approximately £30,000 per year through Airbnb rentals, highlighting its attractive investment appeal with proven cash flow. The accommodation is distributed across three floors and is maintained to a good standard. The ground floor boasts a spacious open-plan kitchen and living area that encourages a modern lifestyle suited for entertaining or relaxed family time. On the first floor, you'll find a generously sized master bedroom along with a contemporary bathroom, while the second floor houses two additional well-sized bedrooms that provide versatile options for sleep arrangements or home office space. Additionally, the property features a cellar that serves as excellent storage but also holds potential for conversion into additional living space, subject to appropriate permissions. Given its strong rental history and ample room for enhancement, this property represents a superb investment in an attractive area of Leeds.

Investment Analysis

(LS9 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£186/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£230
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£215,465
10% above area average per sq ft
Potential ROI
+7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LS9)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +14.5%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on LS9 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

Strathmore Terrace, Leeds
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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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