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Street Lane, Roundhay, Leeds

Yorkshire

£700,000
Listed on 05/05/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
3400 sqft

Description

This stone-built semi-detached house represents a promising investment opportunity in Roundhay. Currently configured as two self-contained apartments, the property has significant potential for conversion back into a spacious family home or further development into additional rental units, taking advantage of its full head-height basement. The layout includes a ground floor two-bedroom apartment and a three-bedroom duplex above, complemented by front and rear gardens and a driveway for convenient parking. While it requires modernisation to unleash its full potential, the property is conveniently located near schools, local amenities, and transport links, adding to its appeal. Internally, the accommodation comprises ample living spaces including multiple lounges, kitchens, and bathrooms across both levels, along with generous bedroom sizes. This property not only provides immediate rental income but also extensive options for enhancement and expansion.

Investment Analysis

(LS8 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£206/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£1,085,722
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LS8)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +5.9%
5 year growth: +13.1%
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

Street Lane, Roundhay, Leeds
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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
£2,497
Based on a loan of £525,000 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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