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Grove Lane, Leeds, West Yorkshire

Yorkshire

£165,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
868 sqft

Description

This semi-detached home featuring three bedrooms presents a valuable opportunity for investors or those keen on making enhancements. Currently tenanted with stable rental income of £770 per month, the property is in decent condition overall; however, some cosmetic upgrades could significantly increase its appeal and value. Located in a desirable area with parks, conveniences, and good schools just moments away, it also offers excellent links to Meanwood, Headingley, and Leeds City Centre. It’s important to note that the property shows evidence of structural movement, so prospective buyers should conduct thorough investigations regarding this matter before proceeding.

Investment Analysis

(LS6 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£190/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£451
Avg Yield
8.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£266,341
10% above area average per sq ft
Potential ROI
+40.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LS6)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +8.6%
5 year growth: +24.5%
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

Grove Lane, Leeds, West Yorkshire
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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
£584
Based on a loan of £123,750 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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