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Wesley Road, Leeds LS12

Yorkshire

£250,000

Listed on 01/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
2131 sqft

Description

This spacious mid-terrace home, constructed in the late 19th century, boasts approximately 198 sqm (2,131 sq ft) of versatile living space spread over three floors. Retaining much of its original charm, this property offers abundant potential for modernisation and personalisation. It's well-suited for families looking to establish a long-term residence as well as investors aiming for excellent rental yields in a sought-after area. The entrance hallway welcomes you with high ceilings and period features, providing a remarkable foundation to either customize for your own living or reconfigure for rental purposes. The ground floor comprises adaptable reception rooms that can be used according to your lifestyle needs – whether formal or casual gatherings. The kitchen presents opportunities for updating or even extending (pending necessary permissions), enhancing its significance as a central hub in the home. Additional practical spaces such as a utility area and extra facilities further enrich this level. Ascending to the upper floors reveals four generously sized bedrooms, offering flexibility to accommodate family members, guests, or even create productive workspaces. This ample layout is complemented by bathroom facilities which are ripe for refurbishment to meet modern standards. Natural light permeates throughout the property due to its tall ceilings and large windows, creating an uplifting environment ideal for those who appreciate character while still seeking contemporary comforts. Outside, both the rear yard/garden and front area provide possibilities for low-maintenance outdoor enjoyment. Located in Armley, this property enjoys easy access to local amenities including shops, parks like Armley Park, and schools such as Armley Park Primary. With reliable transport links facilitating quick commutes into Leeds city centre and beyond, it’s perfectly positioned within a dynamic community. For investors, this home represents a great opportunity—properties in Armley often achieve rental yields exceeding 7% when presented well. With its scale and adaptability allowing configurations for various tenant scenarios or families alike, this is an attractive proposition within an evolving market landscape that promises both yield potential and capital appreciation. Overall, whether you’re looking for a substantial family home or an investment with promising returns in a thriving rental market, this property provides significant potential waiting to be unlocked.

Investment Analysis

(LS12 area)

Below Market Value

This property is priced -48.5% below area average per sq ft

-48.5%
Potential saving
This Property
£117/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£228
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£533,517
10% above area average per sq ft
Potential ROI
+69.4%
After renovation
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

Wesley Road, Leeds LS12
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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
£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.

Stamp Duty Calculator

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