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Gledhow Wood Road, Roundhay, Leeds - Image 1
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Gledhow Wood Road, Roundhay, Leeds

Yorkshire

£500,000
Listed on 17/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
1691 sqft

Description

This is a noteworthy opportunity to acquire a large five-bedroom, two-bathroom detached property with significant period features located on the desirable Gledhow Wood Road. Situated in a sought-after area of Oakwood, this home is conveniently positioned near local amenities, including Tesco. The property is in need of complete renovation, providing an excellent blank canvas for buyers interested in creating their dream family home customized to their preferences. With original attributes such as high ceilings, decorative coving, and classic panelling intact, the house retains its historic charm while offering ample room for modernization and potential expansion (subject to planning permissions). The layout includes a spacious entrance hallway, three sizable reception rooms, five generous bedrooms, and two bathrooms spread across a well-proportioned floorplan. Additionally, the expansive plot ensures privacy and presents further development opportunities. A driveway accommodates off-street parking for multiple vehicles and leads to a substantial detached garage that adds practicality to the property. This kind of investment potential does not come around often; early viewing is encouraged to understand fully the possibilities this unique property offers.

Investment Analysis

(LS8 area)

Above Market Value

This property is priced +2.7% above area average per sq ft

+2.7%
This Property
£296/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£535,430
10% above area average per sq ft
Potential ROI
-10.8%
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

Gledhow Wood Road, Roundhay, Leeds
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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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