William H. Brown says ..

Property Oracle says ..

The property is a two-bedroom flat located on North Grange Mount in Headingley & Hyde Park, Leeds. The area benefits from relatively close proximity to several primary schools, with Shire Oak VC Primary School being the closest at 0.66km. Transport links appear reasonable with Burley Park train station approximately 1.49km away.

Based on the provided images, the property is in need of significant renovation. The carpets are worn, the flooring in several rooms is damaged and requires replacement, and the kitchen and bathroom appear outdated and require modernisation. The property shows signs of age, but retains some period features that could be restored.

While the images show a communal garden area, the plot size for the individual flat is not specified. Therefore, a land score cannot be provided.

Considering the average house price in the area is £361,779 and the average price per sqft is £261, the asking price of £220,000 for this property appears relatively low. However, this is significantly influenced by the property’s condition. The considerable renovation required would likely offset the lower initial purchase price. A full refurbishment would be needed before the property would reach its full market value. Nearby comparable properties range from £122,000 to £400,000, highlighting the wide range of property values in the area and the impact of condition on final price.

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

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