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Potternewton Lane, Chapel Allerton, Leeds, LS7 - Image 1
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Potternewton Lane, Chapel Allerton, Leeds, LS7

Yorkshire

£375,000
Listed on 17/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
2092 sqft

Description

This impressive five-bedroom terraced property presents a valuable opportunity for renovation and investment on the edge of Chapel Allerton. Spanning four floors, this character-filled home boasts a significant basement area and a charming rear courtyard, making it ideal for those looking to enhance its value through thoughtful updates. The proximity to local amenities and transport links adds to its appeal for prospective buyers or tenants. The internal layout allows for flexibility, with a kitchen that could be transformed into an open-plan living space, enhancing both functionality and aesthetic. The dining room features original cornicing and picture rails, which could be highlighted further with modern touches. Each of the generously sized bedrooms offers potential for personalization, while the spacious family bathroom provides an excellent starting point for contemporary upgrades. The large basement, currently used for storage, offers tremendous potential for conversion into additional living space – subject to planning permissions – similarly seen in neighbouring properties. An external door leads to a quaint courtyard garden at the rear, providing outdoor space that can be transformed into an inviting retreat. Located within a popular residential area known for its vibrant community feel, easy access to Leeds City Centre, and nearby schools makes this property particularly attractive. This house represents not just a home but also an opportunity to create value through strategic renovations.

Investment Analysis

(LS7 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£179/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£682,881
10% above area average per sq ft
Potential ROI
+60.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LS7)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -1.6%
5 year growth: +17.5%
Investment Disclaimer: Analysis based on LS7 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

Potternewton Lane, Chapel Allerton, Leeds, LS7
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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
£1,328
Based on a loan of £281,250 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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