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Water Lane, Leeds

Yorkshire

£225,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property is situated in a well-established residential area of Farnley, surrounded by similar homes, making it an attractive option for families and investors alike. Offering considerable space across two levels, this residence features double glazing and gas central heating, while presenting a clear opportunity for modernization throughout to increase its value. The ground floor encompasses an entrance hallway leading to a spacious living room and a generously sized dining room with access to the rear garden via sliding doors. The fitted kitchen includes essential units and work surfaces but could benefit from updating to meet contemporary standards. Upstairs, you will find two sizable double bedrooms alongside a single bedroom and a wet room equipped with an electric shower. The external areas include front and rear gardens, with the latter being fully enclosed and offering both lawn space and a paved patio—ideal for outdoor gatherings. A shared driveway facilitates off-street parking options along with a detached single garage providing additional storage. With local amenities within walking distance and convenient access to Leeds City Centre and surrounding areas, this property holds significant renovation potential for those looking to invest in West Yorkshire’s property market.

Investment Analysis

(LS12 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£228
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +3.6%
5 year growth: +27.7%
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

Water Lane, Leeds
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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
£850
Based on a loan of £168,750 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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