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Potternewton Lane, Leeds, West Yorkshire - Image 1
Potternewton Lane, Leeds, West Yorkshire - Image 2

Potternewton Lane, Leeds, West Yorkshire

Yorkshire

£145,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home presents a noteworthy opportunity for investors and renovators alike. Currently occupied by a long-term tenant, this property has faced recent rental arrears, making it available at a price significantly below market value. Upon the tenant's departure, the property will require internal renovations to restore its appeal and maximize rental potential. The layout includes a living room and kitchen on the ground floor, with three bedrooms and a bathroom upstairs, providing a solid foundation for modern upgrades or redesigns. Situated in a convenient location near Meanwood and Chapel Allerton, it offers access to local amenities that further enhance its investment viability. Please note that the property has not been inspected by the auction house, thus ensuring the refurbishment considerations are based on current observations only.

Investment Analysis

(LS7 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£249
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LS7)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -1.6%
5 year growth: +22.8%
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.

Location

Potternewton Lane, Leeds, West Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% 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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