Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · LS11 8UF
Listing removedListed 111 days
Opportunity summary
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About
*** END TERRACED HOUSE WITH GREAT POTENTIAL *** FOR SALE BY MODERN METHOD OF AUCTION *** STARTING PRICE £110,000 PLUS FEES *** TWO DOUBLE BEDROOMS *** CLOSE TO ELLAND ROAD FOOTBALL STADIUM *** AVAILABLE TO BUYERS WITH MORTGAGES *** VACANT & NO ONWARD CHAIN *** AUCTION TERMS APPLY *** Property Details For Sale by MODERN METHOD of AUCTION is this end terraced home offering a great purchase opportunity for a first time buyer, young family or BTL landlord.
Priced to allow for modernisation. Located along a pleasant street close to amenities, transport links and Elland Road Football Stadium.
Comprises: Entrance hall, lounge, fitted kitchen, two first floor double bedrooms, bathroom and WC with a white suite. Gas central heating and double glazed windows.
Yard/garden areas to the front and rear. Vacant Possession & For Sale with NO ONWARD CHAIN.
AUCTION TERMS APPLY - SEE BELOW Exterior Yard/garden areas to the front and rear with great potential for further landscaping.
Location The property is located in a small residential cul-de-sac just off Elland Road in the LS11 area of South East Leeds.
The area is home to Elland Road, the iconic stadium of Leeds United, making it particularly attractive to football supporters and visitors.
Residents also benefit from close proximity to White Rose Shopping Centre, one of Yorkshire’s premier retail destinations, offering over 100 shops, restaurants, leisure facilities and free parking.
The location provides convenient access to Leeds city centre, which is approximately two miles away and easily reached by car, bus or cycle routes.
For commuters, the area enjoys exceptional road links via the M621, with direct connections to the M1 and M62 motorways, providing efficient travel across Leeds and the wider Yorkshire region.
These strong transport connections, combined with excellent retail, sporting and employment opportunities, make the Elland Road area a highly desirable and well-connected part of LS11.
Auction Terms This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. MOR260307/2
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Heathcroft Bank, Leeds, West Yorkshire, LS11
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