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Arley Place Property Appraisal

Leeds Property Investment Apprisal

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Page 1: Leeds Property Investment Apprisal

Arley Place

Property Appraisal

Page 2: Leeds Property Investment Apprisal
Page 3: Leeds Property Investment Apprisal
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27 Arley Place, Leeds LS122 Bedroom End Terrace House

Headline Numbers

Purchase Price £76,000 Gross Rent (LHA Tenants) £6,360

25% Deposit £19,000 Mortgage Interest @ 4.0% £2,280

Refurbishment £500 Lettings & Mgmt 10% £636

Legal Fees £1,150 Maintenance & Buildings Insurance £200

Mortgage Broker Fees £570 Cash Flow £3,244

Stamp Duty £2,280

Sourcing Fee £3,500 Cost Yield Return on InvestmentProject Management Fee £50

Total Investment £27,050 7.6% 12.0%Total Cost of Purchase £84,050 Gross Rent / Total Cost of Purchase Gross Rent / Total Cost of Purchase

Comparables

Fully Modernised

Price

£85,000

£84,0002 Bedroom Mid Terrace

30/08/2016

26/07/2016

13/05/2016

£80,000

Sold DateDescription Notes

2 Bedroom Mid Terrace

2 Bedroom Mid Terrace

Fully Modernised

Well Presented

*Valued and not sold

Address

4 Arley Street

13 Rombalds View

7 Arley Street

Page 6: Leeds Property Investment Apprisal

Property Particulars Refurbishment Works

2 bedroom easily rentable to a family Upgrade Consumer Unit

Good condition and location Clean throughout

Low refurb, reducing the void period before tenancy

Close to local amenities: Schools, commuter links, high street, a park and a leisure complex

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