We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · LS9 6HT
Listing removedReduced £15k (−10%) on 21 JulListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ready-made investment opportunity located within a consistently strong rental area of east Leeds, with potential to generate approximately £1,300 pcm.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected gross yield of over 9%.
Comparable rental properties within the Harehills area are achieving between £1,200–£1,400 pcm, supporting future rental growth potential.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio.
Situated on Nowell Place, LS9, the property enjoys convenient access to Leeds city centre, St James's University Hospital, local schools, shops and regular transport links.
The area continues to experience strong tenant demand from professionals and families alike, underpinned by ongoing regeneration and excellent connectivity, making it an attractive proposition for long-term investors.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions.
This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable.
This fee is separate from, and not deducted from, the purchase price. All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
FAQ
About 14, Nowell Place, Leeds
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