Savills says ..
Residential Development Opportunity in Prime Location in Leeds
Property Oracle says ..
This listing presents a significant residential development opportunity in Leeds, specifically in the Burmantofts & Richmond Hill area. The property consists of a substantial plot of land, well-positioned relative to Leeds city centre and benefiting from proximity to good schools and transport links. The asking price of £7,000,000 highlights the premium associated with such prime development opportunities in the Leeds property market. However, without further details, such as planning permission specifics, the square footage, and the proposed project scope, evaluating the full financial viability remains difficult. The absence of key property details, like the number of bedrooms, bathrooms, and square footage, adds to the overall uncertainty of the property’s value and makes the analysis solely based on the land’s potential. It’s crucial for prospective buyers to conduct thorough due diligence and engage experts to assess the feasibility of any potential building project before committing to this acquisition.
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
- 4
- Condition
- 1
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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
- 134,444.00 £Decreased by 13.73 %
- Average area rental value
- 1,095.00 £/moIncreased by 5.59 %
- Est rental Yield
- 9.77 %Increased by 22.43 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Savills created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mount St Mary'S Catholic High School | Voluntary Aided School | Good | 0.27 KM |
| Leeds College Of Music | Higher Education Institutions | 0.59 KM | |
| The Ruth Gorse Academy | Free Schools | Outstanding | 0.73 KM |
| Richmond Hill Children'S Centre | Children's Centre | 0.74 KM | |
| St Peter'S Church Of England Primary School, Leeds | Voluntary Aided School | Outstanding | 0.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Armouries Drive | £ 0 | 0 | 0.00 KM |
| The Close | £ 149,950 | 0 | 0.00 KM |
| Shannon Street | £ 0 | 0 | 0.00 KM |
| South Accommodation Road | £ 120,995 | 0 | 0.00 KM |
| Dockside | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leeds | 8487 | LDS | 2.08 KM |
| Burley Park | 8500 | BUY | 5.74 KM |
| Cottingley | 8505 | COT | 7.07 KM |
| Headingley | 8498 | HDY | 7.67 KM |
| Morley | 8504 | MLY | 8.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Worsted House, East Street Mills, Leeds LS9 | £ 89,950 | BUY | 5 / 10 | 0.07 KM |
| Phoenix, Saxton Lane, Leeds, LS9 | £ 165,000 | BUY | 6 / 10 | 0.09 KM |
| East Street, Leeds, LS9 | £ 110,000 | BUY | 6 / 10 | 0.09 KM |
| East Point, East Street, Leeds, LS9 | £ 325,000 | BUY | 6 / 10 | 0.09 KM |
| East Street Mills, East Street | £ 214,950 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| K29 Saxton | £ 107,000 | 0.13 KM |
| K21 Saxton | £ 134,750 | 0.13 KM |
| K18 Saxton | £ 101,500 | 0.13 KM |
| K5 Saxton | £ 106,500 | 0.13 KM |
| K28 Saxton | £ 170,000 | 0.13 KM |