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Norfolk Terrace, Leeds, West Yorkshire

Yorkshire

£495,000
Listed on 21/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1697 sqft

Description

This Late Victorian terrace property is situated in a central location within Chapel Allerton village, providing a scenic view of the park across the street. Spanning four floors, this home offers a spacious layout that presents significant renovation and investment opportunities. Upon entering, you are greeted by an inviting hallway featuring the original staircase, leading to an elegantly sized sitting room at the front. This room boasts a charming fireplace with a gas fire and a deep bay window that frames the park view. Adjacent to this is the dining room, which also features its own fireplace, and a doorway that leads into a hallway with three useful storage rooms. The kitchen includes a mix of wall and base units, along with an external door for easy access to the outdoors. Completing the ground floor is a convenient downstairs shower room. The first floor accommodates the master bedroom at the front, complete with its own en-suite shower room. Additionally, there is another bedroom and a house bathroom equipped with a three-piece suite. On the second floor, two more bedrooms provide further versatility for family living or potential rental opportunities. Outside, the property is set back from the road by a lawned garden that overlooks the park. To the rear lies a yard area that could be transformed into an attractive outdoor space. Chapel Allerton itself is known for its vibrant community atmosphere, offering an array of local amenities such as diverse restaurants and café bars, supermarkets, banks, and unique shops. Further shopping options can be found nearby at Moortown Corner or along Street Lane and Oakwood Parade, where you’ll discover even more eateries and boutiques. For leisure activities, Scott Hall Sports Centre provides facilities including a swimming pool, while Chapel Allerton Park directly opposite features tennis courts. The property benefits from regular transport services along Harrogate Road that ensure easy access to both the city centre and surrounding areas. Given its location and potential for modernization, this property represents an appealing investment opportunity for those looking to create their ideal home or capitalize on rental demand in this desirable neighborhood.

Investment Analysis

(LS7 area)

Below Market Value

This property is priced -4.5% below area average per sq ft

-4.5%
Potential saving
This Property
£292/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£570,184
10% above area average per sq ft
Potential ROI
+2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LS7)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 67.8%
5 year growth: 31.9%
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.

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Location

Norfolk Terrace, Leeds, West Yorkshire
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