22 Coldcotes Avenue, Leeds, West Yorkshire LS9 6NB

Description

This spacious four bedroom through terrace has been neglected in recent years but is now in need of complete refurbishment and modernisation and sure to appeal to those looking for a project. The property briefly comprises a living room, dining room and kitchen to the ground floor, two bedrooms and a bathroom to the first floor with a further two bedrooms to the second floor.

Accommodation

Ground Floor: Living room, dining room and kitchen. First Floor: Two bedrooms and bathroom. Second Floor: Two bedrooms.

Location

The property is located within the local selective licencing area and is within easy reach of the many shops and amenities on Harehills Lane.

Tenure / Property Information

Investment Analysis

Completed same-street terraced sales range from £125,000 to £180,000, including £160,000 in April 2026. A base GDV of £160,000 is used, but no condition adjustments are available and the subject requires complete refurbishment.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, confirming selective-licensing requirements and obtaining a full refurbishment quotation. The evidence currently supports a cautious project appraisal rather than a firm bid.

Works Required

Complete refurbishment and modernisation as described, with scope and cost requiring survey and contractor quotations. EPC G also requires consideration.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be reliably assessed because refurbishment costs, finance costs and refinance terms are unavailable. The 75% GDV refinance figure would be £120,000 using the base GDV, before lending constraints and costs.

Buy-to-Let Analysis

The only rental evidence is one £344 pcm advertised asking rent, equating to £4,128 annually and 4.35% gross on the £95,000 guide before refurbishment and fees. Net yield cannot be established.

Flip Analysis

The evidence indicates a broad £125,000–£180,000 completed-sales range, with £160,000 used as base GDV. Flip surplus cannot be calculated without refurbishment and selling-cost allowances.

Investor Risks & Due Diligence

• Complete refurbishment and modernisation are required, but no cost estimate is supplied.

• EPC rating G.

• The property is within a selective licensing area.

• The only rent evidence is one advertised asking rent of £344 pcm.

• Rear garden and garage are offered as a separate auction lot.

• Additional legal, transfer, seller-cost reimbursement and disbursement charges may apply.

• Comparable sale condition and specification are not provided.

Recommendation

Proceed only after reviewing the legal pack, confirming selective-licensing requirements and obtaining a full refurbishment quotation. The evidence currently supports a cautious project appraisal rather than a firm bid.

Strategy Rating

Analysis Confidence

There are several same-street completed sales, but no refurbishment cost evidence, no condition-adjusted valuation, limited rental evidence and incomplete fee information.