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Spencer Place, LEEDS

Yorkshire

£250,000

Listed on 29/09/2026

The listing

Property details

Bedrooms
4
Type
Terraced
Area
1787 sqft

Features

  • Garden

Description

This four-bedroom through terrace provides accommodation across four floors, including a lounge, a kitchen diner, a bathroom and a substantial lower-ground-floor room. The principal bedroom has an adjoining storage room, while the other bedrooms are arranged over the upper floors. The kitchen diner has fitted wall and base units, work surfaces, an integrated oven and space for a dining table. The lower-ground-floor area includes further units and has access to the rear yard, with an additional storage room nearby. There are front and rear yards, both described as needing some maintenance and improvement. The property is in an established residential area with local shops and schools, and Potternewton Park and public transport links to Leeds city centre are within reach. The listing notes that some cosmetic and maintenance work may be required, leaving scope for a buyer to update the accommodation.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

80out of 100
Grade AStrong opportunity

Confidence: MEDIUM

This is a strong-value project: the £250,000 asking price works out at about £140 per sq ft, well below the local average of £296, making the four-bedroom, four-floor terrace an attractive opportunity to acquire at a low entry price. The lounge, kitchen, bathroom and bedrooms look usable but dated, so there is scope to refresh the finishes and make the home your own; the generous lower-ground-floor room and front and rear yards add further room to improve and adapt.

Key opportunities

  • Refresh the dated finishes across the usable living spaces, with scope to update the older kitchen and bathroom finishes.
  • Investigate and make good the lower-ground-floor room, then adapt its generous space to suit your needs.
  • Improve the front and rear yards to make better use of the outdoor space.

Key risks

  • Visible wall deterioration and ceiling irregularity in the lower-ground-floor room need investigation and repair.

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Map

Location

Spencer Place, LEEDS
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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