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Talbot Road, Roundhay

Yorkshire

£500,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Detached
Area
1760 sqft

Description

This substantial Victorian property, located in the sought-after Roundhay area of North Leeds, offers an incredible opportunity for redevelopment. Currently configured as three self-contained apartments, this property has excellent potential to be transformed back into a spacious family home or reimagined for various residential purposes, contingent upon planning approval. With one apartment vacant and two currently tenanted until August 2026, there is flexibility for the next owner to decide on their approach. The house enjoys a generous south-facing plot which benefits from ample natural light, complemented by recent roof renovations that minimize immediate maintenance costs. Off-street parking for two vehicles adds convenience in this well-connected area, close to amenities, parks, and reputable schools. This property stands as a blank canvas ready for a thoughtful renovation that could yield four or five double bedrooms along with expansive living spaces and an open-plan kitchen area—ideal for families or investors looking to capitalize on its prime location. The vibrant surroundings of Roundhay Park and local cafes further enhance the appeal of this investment prospect.

Investment Analysis

(LS8 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£284/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£557,278
10% above area average per sq ft
Potential ROI
-10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LS8)

Area prices are rising by +7.6% over the last 12 months
3 year growth: +9.0%
5 year growth: +16.5%
Investment Disclaimer: Analysis based on LS8 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

Talbot Road, Roundhay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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