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Melrose Place, Horsforth, Leeds, West Yorkshire, LS18 - Image 1
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Melrose Place, Horsforth, Leeds, West Yorkshire, LS18

Yorkshire

£235,000

Listed on 20/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
701 sqft

Description

This three-bedroom semi-detached home is situated on a substantial corner plot, presenting an excellent opportunity for buyers looking to undertake a renovation project. The property boasts spacious gardens and a private driveway that offers ample off-road parking, setting the stage for extensive improvements and potential extensions (subject to necessary consents). With generous living spaces including a bright front living room and an adjoining dining area that flows into the kitchen, there is significant scope for modernization tailored to contemporary living standards. The first floor features two well-sized double bedrooms alongside a single bedroom, providing flexibility for families or work-from-home setups. Additionally, the family bathroom is primed for updates to achieve a modern aesthetic. Outside, the inviting gardens promise abundant outdoor enjoyment with the chance to enhance kerb appeal further. Given its desirable location in Horsforth, known for its community feel and access to excellent local amenities, this property represents a compelling project for investors or homeowners eager to imprint their personal style on a new residence.

Investment analysis

(LS18 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£335/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£261,133
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LS18)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -2.2%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on LS18 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

Melrose Place, Horsforth, Leeds, West Yorkshire, LS18
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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
£888
Based on a loan of £176,250 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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