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Simpson Grove, Leeds, LS12

Yorkshire

£140,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
996 sqft

Description

Nestled within a sought-after residential neighbourhood in Leeds, this two-bedroom mid-terrace property offers an intriguing renovation project for buyers eager to leave their mark. Spanning three floors and featuring spacious room layouts, this home is ideal for first-time buyers, buy-to-let investors, or those looking to enhance its resale value. Upon entering, you are greeted by a bright and ample living room that boasts traditional proportions, presenting an excellent opportunity to create a warm and inviting reception area. Adjacent to this is the kitchen/diner, which holds promise for a complete overhaul and reimagining to suit contemporary preferences. With adequate space for appliances and dining arrangements, envisioning an open-plan layout here could redefine the heart of the home. The first floor hosts a generously sized master bedroom with enough room for wardrobes and additional furnishings. A spacious family bathroom nearby features a four-piece suite—including a separate shower—catering well to families or those seeking extra comfort. On the top floor lies a converted attic space providing a sizable second bedroom, ideal for guests or as a dedicated home office. Additionally, a separate storage area could serve further needs or be developed with appropriate permissions. Outside, the property includes a private rear courtyard—perfectly suited for minimal maintenance use and perhaps equipped with seating or bin storage. Conveniently located just moments from Leeds city centre and close to public transport links along with local amenities such as shops and schools, this property stands out as not just an attractive project but also one with significant potential for future capital appreciation. Offered chain-free, this residence is ready for someone prepared to transform it into something truly special.

Investment Analysis

(LS12 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£141/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£217
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£253,138
10% above area average per sq ft
Potential ROI
+53.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +7.3%
5 year growth: +34.0%
Investment Disclaimer: Analysis based on LS12 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

Simpson Grove, Leeds, LS12
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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
£505
Based on a loan of £105,000 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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