2 bed Flat (for sale) Roman Crescent, Roundhay, Leeds LS8

£400,000
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Doorsteps.co.uk, National
W&N Building, Whitefriars Avenue, Harrow
020 8128 0677
First Published

30th Nov 2021

Last Published

2nd Mar 2022

 

Features

  • Type: Flat
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

Portfolio of three purpose built luxury flats in highly sought after location in the middle of Roundhay, just off Street Lane, giving a 50% share of the block which comprises 6 apartments. The three flats benefit from 999 year leases and a share in the freehold of the building and its generous grounds.

The three flats are currently tenanted good quality tenants, producing £1875 pounds per calendar month exclusive (£22,500pa). There is also scope for modest rent increases in the short and medium term. The portfolio offers a healthy yield, requires very little active management, and will benefit from rental and capital increase in the future being in a prime location. There is also the possibility of long-term development potential of the building and the grounds in cooperation with the owners of the other 3 apartments, or by acquisition of those apartments over time.

 

Local info for LS8

 

Property Value Data/Graphs for LS8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Semi-detached house 37.1% £283,711 3.2 1.1
Flat 31.2% £179,493 1.8 1.2
Terraced house 17.6% £163,765 3.2 1
Detached house 7.2% £533,122 4.5 2
Town house 2.7% £295,825 3.2 1.5
End terrace house 1.4% £358,333 5 2
Link-detached house 0.9% £392,500 3.5 1.5
Bungalow 0.9% £352,500 2 2
Other 0.9% £65,000 1 1

Area Information

Average Price Paid

£258,628

Sales

3540

Current Average Value

£249,032

Value Change

£9,596 3.9%

 

Current Asking Prices in LS8 Average: £249,032

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £168,750 (4) £154,361 (26) £247,528 (67) £343,332 (36) £438,621 (12)
Flats £116,298 (28) £194,477 (31) £299,989 (9) £400,000 (1) -
All £122,855 (32) £176,179 (57) £253,740 (76) £344,863 (37) £438,621 (12)

Nearby Properties

7 bed Detached house () Fulwith Mill Lane, Harrogate, North Yorkshire HG2 £3,500,000
7 bed Land () Stream Corner, Fulwith Mill Lane, Harrogate HG2 £3,000,000
7 bed Detached house () Stream Corner, Fulwith Mill Lane, Harrogate, North Yorkshire HG2 £3,000,000
4 bed Detached house () Manor Heath, Manor House Lane, Alwoodley, Leeds, West Yorkshire LS17 £3,000,000
9 bed Detached house () Horsforth, Leeds LS18 £2,950,000
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