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 %
- Est sale value
- 663,982.50 £Increased by 102.55 %
- Average area rental value
- 864.00 £/moDecreased by 2.92 %
- Est letting value
- 1,672.50 £/mo
- Est rental Yield
- 3.25 %Decreased by 7.14 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Castlehill created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Spring Bank Primary School | Community School | Requires improvement | 0.25 KM |
| Brudenell Primary School | Foundation School | Good | 0.37 KM |
| Shire Oak Vc Primary School | Voluntary Controlled School | Good | 0.79 KM |
| Headingley Children'S Centre | Children's Centre | 0.79 KM | |
| Lighthouse Futures Trust | Special Post 16 Institution | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cross St Michael's Lane | £ 0 | 0 | 0.00 KM |
| Chestnut Place | £ 0 | 0 | 0.00 KM |
| Wellfield Place | £ 0 | 0 | 0.00 KM |
| Sandringham Drive | £ 0 | 0 | 0.00 KM |
| Chapel Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burley Park | 8500 | BUY | 0.49 KM |
| Headingley | 8498 | HDY | 2.20 KM |
| Leeds | 8487 | LDS | 3.64 KM |
| Kirkstall Forge | 6544 | KLF | 5.39 KM |
| Cottingley | 8505 | COT | 5.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Richmond Avenue, Leeds | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| Regency Court, Headingley, Leeds | £ 125,000 | BUY | 5 / 10 | 0.06 KM |
| Manor Drive, Hyde Park, Leeds | £ 550,000 | BUY | Unknown | 0.07 KM |
| Victoria Road, Leeds | £ 2,750,000 | BUY | 5 / 10 | 0.10 KM |
| Gardenhurst, 45 Cardigan Road, Headingley, Leeds, LS6 | £ 180,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 42 Richmond Avenue | £ 56,000 | 0.04 KM |
| 79 Richmond Avenue | £ 34,150 | 0.04 KM |
| 59 Richmond Avenue | £ 76,000 | 0.04 KM |
| 77 Richmond Avenue | £ 200,000 | 0.04 KM |
| 57 Richmond Avenue | £ 90,000 | 0.04 KM |