yieldit says ..
GENERATE AN INCREDIBLE 8% NET RETURN FROM COMPLETION! A fully managed, furnished student accommodation unit within a popular development with onsite gym, tenanted for the 2025 academic year.
Property Oracle says ..
This listing is for a studio apartment located in Lovell Park, Leeds. The property’s location offers easy access to Leeds city centre and several educational institutions, making it potentially attractive to students or young professionals. The apartment itself appears to be in fair condition. It is furnished and features a basic kitchenette and bathroom. However, images suggest it lacks significant storage and may be quite compact in size.
While the location has a certain degree of convenience, the relatively high list price compared to similar properties in the area requires further scrutiny. It is essential to carefully review all relevant documentation, and consider any additional associated costs. For example, in student accommodation buildings there can be service charges or other associated fees. The lack of outdoor space and limited square footage, at this price point, must also be noted as drawbacks. Potential buyers should weigh the advantages of this property against those available at potentially better value in comparable areas of Leeds.
Furthermore, comparison with similar nearby properties is crucial, taking into account size, condition, and specific features. There is little evidence here to justify the list price based on the information available. A comprehensive assessment of the local market would be essential before making any investment decisions.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 700.00
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
- 229,250.00 £Increased by 6.81 %
- Est sale value
- 211,400.00 £Decreased by 0.98 %
- Average area rental value
- 1,394.00 £/moIncreased by 6.41 %
- Est letting value
- 700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.30 %Decreased by 0.27 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Leeds College Of Building | Further Education | Good | 0.31 KM |
| Little London Community Primary School | Foundation School | Requires improvement | 0.54 KM |
| Little London Children'S Centre | Children's Centre | 0.60 KM | |
| Leeds College Of Music | Higher Education Institutions | 0.91 KM | |
| St Peter'S Church Of England Primary School, Leeds | Voluntary Aided School | Outstanding | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grafton Street | £ 0 | 0 | 0.00 KM |
| Bridge Street | £ 0 | 0 | 0.00 KM |
| Cross Belgrave Street | £ 0 | 0 | 0.00 KM |
| Chiswick Terrace | £ 196,250 | 0 | 0.00 KM |
| Eastgate Space | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leeds | 8487 | LDS | 1.47 KM |
| Burley Park | 8500 | BUY | 4.51 KM |
| Headingley | 8498 | HDY | 6.42 KM |
| Cottingley | 8505 | COT | 6.83 KM |
| Morley | 8504 | MLY | 8.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lovell Park Hill, Leeds | £ 120,000 | BUY | 5 / 10 | 0.02 KM |
| Lovell Park, Leeds, LS7 1DF | £ 37,000 | BUY | 5 / 10 | 0.03 KM |
| Lovell Park, 22 Lovell Park Hill, Leeds, LS7 1DF | £ 40,000 | BUY | 6 / 10 | 0.03 KM |
| 22 Lovell Park Hill, LS7 1DF | £ 43,000 | BUY | 5 / 10 | 0.03 KM |
| Lovell Park, Lovell Park Hill, Leeds, LS7 | £ 50,000 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Lovell Park Hill | £ 175,000 | 0.02 KM |
| 5 Lovell Park Hill | £ 123,500 | 0.02 KM |
| 7 Lovell Park Hill | £ 137,500 | 0.02 KM |
| 8 Lovell Park Hill | £ 137,000 | 0.02 KM |
| 46 Lovell Park Hill | £ 65,000 | 0.02 KM |