16 The Avenue, Alwoodley, Leeds, West Yorkshire LS17 7BE

Description

This spacious semi-detached property has been a much-loved home for many years but would now benefit from a scheme of refurbishment and reconfiguration in order to realise its full potential. The property was last marketed for £425,000 as recently as September 2026, offering interested parties a discount of £125,000. Externally the property sits on a generous plot with gardens to the front and rear along with a driveway leading to a double garage to the side. Located in Alwoodley, one of Leeds' most sought-after suburbs with local shops, cafes and schools a short walk away. Although the property has been marketed as having three bedrooms, the former third bedroom is currently an ensuite meaning officially, there are only two bedrooms.

Accommodation

Ground Floor: Porch, living/dining room, kitchen, snug and WC. First Floor: Two bedrooms, bathroom and en-suite. Second Floor: Bedroom. Externally: Gardens to the front and rear along with a driveway leading to a double garage to the side.

Location

Alwoodley, one of Leeds' most sought-after suburbs, with local shops, cafes and schools a short walk away.

Tenure / Property Information

Investment Analysis

The property was marketed at £425,000 in September 2026, while 18 The Avenue sold for £417,000 in 2018. These provide context only and are not a current formal valuation. A base GDV estimate of £425,000 is used, with no evidence-supported low/high scenarios.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, confirming the true bedroom configuration and obtaining a survey and detailed refurbishment quotations. Do not rely on the apparent value gap alone.

Works Required

Refurbishment and reconfiguration as described by the auctioneer. The evidence does not specify the required works or their cost. Clarify the bedroom/en-suite arrangement and obtain a detailed survey and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £425,000 marketed price as an indicative GDV gives a theoretical 75% refinance figure of £318,750. Refurbishment costs, total project cost and achievable rent are unsupported, so cash-out and BRRR returns cannot be reliably calculated.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The guide is £300,000 plus fees, including a 1.5% administration charge subject to a £2,100 minimum and £360 searches, with possible further legal-pack disbursements.

Flip Analysis

A potential value gap exists between the £300,000 guide and the £425,000 recent marketing price, but refurbishment costs, acquisition disbursements and resale costs are unknown. No reliable flip surplus can therefore be calculated.

Investor Risks & Due Diligence

• The property is marketed as three bedrooms, but the description states the former third bedroom is currently an en-suite and officially there are only two bedrooms.

• The scope and cost of refurbishment and reconfiguration are unspecified.

• No sufficiently specific rental evidence is available.

• The £425,000 figure is a marketing price, not a completed sale or formal valuation.

• Additional legal-pack, seller-cost and transfer-fee disbursements may apply.

• Auction purchase is subject to the stated buyer administration charge and searches cost.

Recommendation

Proceed only after reviewing the legal pack, confirming the true bedroom configuration and obtaining a survey and detailed refurbishment quotations. Do not rely on the apparent value gap alone.

Strategy Rating

Analysis Confidence

Recent marketing evidence and one same-street completed sale are available, but refurbishment costs, rent, current achieved comparables and full purchase disbursements are not.