Richmond Avenue, Leeds
CA

Richmond Avenue, Leeds

By Castlehill

£ 450,000

Reviews

2 out of 5 stars

Castlehill says ..

RE-LET UNTIL 30th JUNE 2026!! TOTAL RENT EXCLUDING BILLS £37,603 p/a (awaiting copy tenancy agreement to verify this) A SUBSTANTIAL SEVEN BEDROOMED INVESTMENT PROPERTY CURRENTLY LET UNTIL 30th JUNE 2025, SITUATED IN THIS POPULAR AND VERY CONVENIENT LOCATION, A SHORT WALK TO HEADINGLEY'...

Property Oracle says ..

This seven-bedroom property on Richmond Avenue, Leeds, is presented as a substantial investment opportunity, currently let to tenants. Its location in the sought-after Headingley & Hyde Park area offers excellent access to amenities, transport, and educational institutions. The property’s proximity to Burley Park train station makes it particularly attractive for commuters and students. Several good and well-rated primary schools are within walking distance, which would make it very attractive to families. The property is likely appealing to investors due to the high rental yield in this student-heavy area. However, the provided photographs suggest the property is in need of some modernisation and updates. The bathrooms appear dated, and some rooms show wear and tear. The lack of details regarding plot size, as well as limited comparative data from the surrounding area, makes it hard to definitively assess the true market value of this property. The absence of a garden is a significant drawback, making the overall assessment somewhat hampered by information gaps. While the location is a major strength, the condition and the lack of land details reduce the overall appeal. While some may view this as an opportunity for renovation and increase in value, the potential cost of these upgrades needs to be taken into account when considering this property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
8
Land
1
Bedrooms
7
Bathrooms
3
Sqft (est)
1,672.50

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
319,056.00 £
Increased by 4.59 %
from 305,060.00 £
Est sale value
663,982.50 £
Increased by 102.55 %
from 327,810.00 £
Average area rental value
864.00 £/mo
Decreased by 2.92 %
from 890.00 £/mo
Est letting value
1,672.50 £/mo
from 0.00 £/mo
Est rental Yield
3.25 %
Decreased by 7.14 %
from 3.50 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Castlehill created the listing.

Nearby Schools

NameTypeOfstedDistance
Spring Bank Primary SchoolCommunity SchoolRequires improvement0.25 KM
Brudenell Primary SchoolFoundation SchoolGood0.37 KM
Shire Oak Vc Primary SchoolVoluntary Controlled SchoolGood0.79 KM
Headingley Children'S CentreChildren's Centre0.79 KM
Lighthouse Futures TrustSpecial Post 16 Institution0.95 KM

Images

Photo 2 Photo 10 Photo 1 Photo 5 Photo 7 Photo 8 Photo 3 Photo 12 Photo 4 Photo 11 Photo 9

Nearby Streets

NameAverage PriceAverage SqftDistance
Cross St Michael's Lane £ 000.00 KM
Chestnut Place £ 000.00 KM
Wellfield Place £ 000.00 KM
Sandringham Drive £ 000.00 KM
Chapel Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Burley Park8500BUY0.49 KM
Headingley8498HDY2.20 KM
Leeds8487LDS3.64 KM
Kirkstall Forge6544KLF5.39 KM
Cottingley8505COT5.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond Avenue, Leeds £ 450,000BUY5 / 100.00 KM
Regency Court, Headingley, Leeds £ 125,000BUY5 / 100.06 KM
Manor Drive, Hyde Park, Leeds £ 550,000BUYUnknown0.07 KM
Victoria Road, Leeds £ 2,750,000BUY5 / 100.10 KM
Gardenhurst, 45 Cardigan Road, Headingley, Leeds, LS6 £ 180,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
42 Richmond Avenue £ 56,0000.04 KM
79 Richmond Avenue £ 34,1500.04 KM
59 Richmond Avenue £ 76,0000.04 KM
77 Richmond Avenue £ 200,0000.04 KM
57 Richmond Avenue £ 90,0000.04 KM