A promising investment opportunity awaits in a desirable area of North Leeds with this three-bedroom semi-detached home. Presented without a chain, this property serves as a blank canvas ready for personalisation. It requires comprehensive renovation throughout but presents remarkable potential for capital appreciation and rental income. Once updated to modern standards, similar properties in the vicinity are fetching rental prices between £1,300 and £1,400 per month. Additionally, after refurbishment, the resale value is estimated to exceed £270,000, with the possibility of greater returns through extensions and other enhancements (subject to planning permissions).
Constructed from traditional brick materials, this residence provides reassurance to buyers and mortgage lenders alike regarding its structural integrity—an advantage over some alternative building types in the region. Notably, major expenses already have been addressed by the current owner; both a brand-new roof and an energy-efficient central heating boiler were installed within the last five years.
The ground floor features a welcoming entrance hallway leading into a spacious main reception area that benefits from ample natural light. The kitchen offers significant space for creating a modern culinary environment and connects seamlessly to a conservatory that could be reimagined as an expansive open-plan kitchen-diner. The upper level comprises three bedrooms alongside a family bathroom poised for transformation into a stylish contemporary suite. The two larger bedrooms are well-proportioned doubles while the third offers flexible options as a nursery or home office.
Outside, there is an aesthetically pleasing front garden and an enclosed rear garden presenting extensive potential for landscaping or even expanding the property further if desired. Located in LS16, Iveson Rise is conveniently close to vibrant amenities, respected schools, and excellent transport links into Leeds City Centre and surrounding areas. With such significant untapped potential combined with completed structural upgrades, opportunities like this are hard to come by—early viewing is encouraged.
