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Arley Place, Armley

Yorkshire

£115,000
Listed on 04/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house in the sought-after area of Armley presents a compelling opportunity for those looking to invest or create their ideal home. The property is positioned in a convenient location with access to local amenities and transport links, enhancing its appeal for first-time buyers and investors alike. While the home is livable, it awaits modernisation, enabling new owners to add significant value through renovations. The layout includes a living room featuring a gas fireplace, a functional kitchen equipped with essential appliances, a wet room on the ground floor, and two bedrooms upstairs — one larger than the other with potential for reconfiguration. Outside, a front garden offers greenery and charm, complemented by on-street parking options. Importantly, this property has been vacated and is offered chain-free; however, prospective buyers should note prior water damage in the second bedroom due to gutter issues that have since been resolved but still require cosmetic repairs. This home is an excellent canvas for renovation enthusiasts.

Investment Analysis

(LS12 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£222
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +3.5%
5 year growth: +28.2%
Investment Disclaimer: Analysis based on LS12 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

Arley Place, Armley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% 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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