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Old Lane, Leeds

Yorkshire

£275,000
Listed on 18/03/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
2275 sqft

Description

This expansive semi-detached property features five bedrooms and is located in a desirable area of Beeston, known for its strong community and amenities. The home is in need of comprehensive refurbishment, creating a unique opportunity for investors, developers, or homeowners to tailor the space to their own taste and requirements. The generously sized plot includes a large rear garden with potential for extension or new builds (subject to planning permissions), enhancing its appeal for future development. Previously operated as a House in Multiple Occupation (HMO), this property also offers the possibility of strong rental income while being suitable as a spacious family residence. The interior layout comprises multiple flexible reception areas perfect for various living arrangements, alongside a kitchen and ground floor bathroom that require updating. The upper level holds the well-proportioned bedrooms and an additional bathroom, all providing ample living space. The notable garden space includes an outbuilding and patio area, further enriching your outdoor options. Additionally, there’s potential to create off-street parking at the front of the property. Conveniently located near local shops, schools, and transport links, residents will benefit from easy access to Leeds city centre as well as major road networks like the M62 and M1—making this location particularly attractive for commuters. In summary, this property offers an excellent canvas for those looking to invest in real estate with immediate refurbishment needs alongside significant long-term development potential.

Investment Analysis

(LS11 area)

Below Market Value

This property is priced -43.1% below area average per sq ft

-43.1%
Potential saving
This Property
£121/sq ft
Area Average
£212/sq ft
Avg Rent (weekly)
£202
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£531,656
10% above area average per sq ft
Potential ROI
+45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LS11)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +2.9%
5 year growth: +36.6%
Investment Disclaimer: Analysis based on LS11 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

Old Lane, 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
£992
Based on a loan of £206,250 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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