1 Edinburgh Road, Leeds, West Yorkshire

Description

This three bedroom double fronted back to back end terrace is offered for sale via traditional auction. The property does require renovation throughout, but would be a great project or addition to a rental portfolio. Situated in the selective licensing area of Armley, the property is close by to local amenities and transport links into Leeds City Centre. Please note the property is showing signs of structural movement, buyers are advised to do their own research in this regard.

Accommodation

Lower Ground Floor: Cellar. Ground Floor: Lounge and kitchen. First Floor: Three bedrooms and bathroom. Externally: front and side yard.

Location

Situated in the selective licensing area of Armley, the property is close by to local amenities and transport links into Leeds City Centre.

Tenure / Property Information

Investment Analysis

Recent same-road freehold terraced sales range from £230,000 to £270,000, but condition, specification and comparability are not provided. A cautious evidence-based GDV range is £230,000–£270,000, with £250,000 as a midpoint estimate. Structural movement and renovation requirements create significant valuation uncertainty.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence. Obtain a structural survey, detailed refurbishment budget and licensing confirmation before considering a flip or BRRR project.

Works Required

Renovation throughout is stated. A structural movement investigation and any professionally specified remedial works are required, alongside refurbishment of the existing accommodation. No detailed scope or cost evidence is supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A notional 75% refinance of the £250,000 midpoint GDV is £187,500. Total project cost cannot be calculated because refurbishment, structural and additional disbursement costs are unknown.

Buy-to-Let Analysis

BTL cannot be reliably assessed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Selective licensing requirements in Armley should be confirmed before letting.

Flip Analysis

The evidence suggests a potential resale range of £230,000–£270,000 based on same-road sales, but flip surplus cannot be calculated without a verified works budget, structural assessment and selling costs.

Investor Risks & Due Diligence

• Reported signs of structural movement

• Renovation required throughout

• No refurbishment cost estimate supplied

• Selective licensing area; licensing requirements need confirmation

• No rental evidence or passing rent

• EPC rating pending

• Additional purchaser disbursements and seller-related legal costs are unconfirmed

Recommendation

Do not bid on the current evidence. Obtain a structural survey, detailed refurbishment budget and licensing confirmation before considering a flip or BRRR project.

Strategy Rating

Analysis Confidence

Same-road sold evidence is available, but property comparability, structural extent, refurbishment costs, rent, EPC and full purchase costs are unavailable.