Worst House on the Street Logo
Meanwood Road, Meanwood, Leeds - Image 1
Meanwood Road, Meanwood, Leeds - Image 2
Meanwood Road, Meanwood, Leeds - Image 3
Meanwood Road, Meanwood, Leeds - Image 4
Meanwood Road, Meanwood, Leeds - Image 5
Meanwood Road, Meanwood, Leeds - Image 6
Meanwood Road, Meanwood, Leeds - Image 7
Meanwood Road, Meanwood, Leeds - Image 8
Meanwood Road, Meanwood, Leeds - Image 9
Meanwood Road, Meanwood, Leeds - Image 10
Meanwood Road, Meanwood, Leeds - Image 11

Meanwood Road, Meanwood, Leeds

Yorkshire

£165,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1173 sqft

Description

Situated in the vibrant community of Meanwood, this three-bedroom terrace home offers a rare investment opportunity with significant renovation potential. With original features that add character and charm, it presents a blank canvas for those looking to modernise and personalise their living space. The property includes an unconverted basement featuring two spacious rooms, which could be transformed into various functional areas such as a games room or additional living quarters, subject to the necessary permissions. The ground floor consists of a well-proportioned living room leading to a practical kitchen with direct access to the outside space—ideal for everyday convenience. On the first floor, you will find two bedrooms along with a bathroom that can be reimagined to suit your design preferences. The top floor surprises with its large landing area that holds promise as an office or study, alongside a good-sized third bedroom offering privacy away from the main living areas. With outdoor spaces both at the front and back, this property not only has great kerb appeal but also opportunities for creating inviting outdoor living experiences. Its location boasts easy access to local amenities including shops and green spaces while providing excellent transport links into Leeds city centre. This home is currently tenanted until June 2026 but is poised for transformation into either a lucrative rental property or an ideal family residence. The scope for improvement here is substantial and well reflected in its competitive starting bid.

Investment Analysis

(LS6 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£141/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£436
Avg Yield
8.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£357,994
10% above area average per sq ft
Potential ROI
+66.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LS6)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +5.7%
5 year growth: +19.6%
Investment Disclaimer: Analysis based on LS6 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

Meanwood Road, Meanwood, Leeds
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.