Leeds houses for sale: Five of the cheapest homes on the market ready for renovation

Here are five of the cheapest homes in Leeds ideal for renovation.

Thursday, 4th August 2022, 4:30 pm

There are plenty of homes in Leeds in need of some love and attention.

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From terraced houses bursting with potential to detached properties requiring a quick polish up, there is an ideal renovation project for every budding property developer in the city.

This two bedroom terraced house on New Bank Street is for sale.

For those looking for an easier transformation task to start their house flipping journey, this three bedroom terraced house on Longroyd Crescent might make the perfect property project.

Currently with a sitting tenant paying £525 per month, this house will be going to auction at a starting price of £85,000, plus an undisclosed reservation fee.

The house itself is in fantastic condition, with a spacious lounge, a fitted kitchen and diner, three first floor bedrooms and a house bathroom.

All of the rooms could do with a little modernisation to increase the selling price, and with a new coat of paint, some up-to-date appliances and a keen eye for modern aesthetics, this house could be flipped into a sought-after property perfect for a small family.

This two bedroom terraced house on Compton Row is for sale.

There is also a front and back garden to this house, and with a touch of green-fingered care both spaces could be used as a further selling point to entice potential renters or buyers.

Placed on the market for a similar price is this two bedroom terraced house in Morley.

Sitting at £85,000 for cash buyers only, this detached property on New Bank Street is in need of a bit more love but has plenty of renting potential if given enough time and attention.

The exterior of the home is its real selling point; a beautiful stone build, this house has some fantastic sloped ceilings and a yard area to the front of the property that could appeal to a range of buyers.

This three bedroom terraced house on Longroyd Crescent is for sale.

Inside, someone with a passion for interior design could turn this house into a dream home, giving the bedrooms some new wooden flooring, carpeting the living room and giving the kitchen a quick refresh.

New wallpaper and a coat of paint will be required throughout the house to bring it into the modern day, and some tiling in the bathroom would give the space a fresh new feel.

The property is available with no onward chain and is ideal for developers with a little bit more experience in the property flipping field.

Leeds is known for its large population of students in areas like Hyde Park, Headingley, Woodhouse and Burley, and this two bedroom home on Compton Row would make an ideal student let for a first time buyer.

This two bedroom home on Colenso Grove is for sale.

Spread across three floors, this house is made up of a spacious living room with a fireplace, a kitchen and two bedrooms – and is on the market for an affordable £60,000.

The two bedrooms in the property are of a good size, already fit with clean wooden flooring ideal for student living.

The bathroom is also well decorated and tidy, making this project relatively simple and perfect for someone just beginning their property adventure.

The main work needed in this house is in the kitchen; with damage to the walls and a paint job needed, this would ideally need to be completed before letting the property or selling it on to another owner.

Those looking for an even cheaper beginner’s project would be suited to this two bedroom terraced house on Colenso Grove, for sale for £25,000 via an online auction.

This freehold investment property is spread over two floors, and is made up of two reception rooms, a kitchen, two bedrooms, an entrance hall and a family bathroom.

Externally the property benefits from a rear garden and there is potential to extend the rear of the property also, subject to planning permission.

Images provided by the current tenants indicate that the property does not need much work inside, so could instead benefit from an extension to maximise the space inside and allow for further bedrooms that could be let individually.

It is advised that those interested in purchasing this home make their own enquiries about the upkeep of the house, as letting agents have not inspected this property and have relied on information from the current tenants.

The most expensive home on this list, this one bedroom terraced house on Autumn Terrace is up for sale for £89,950.

Located in the popular Hyde Park area, this house is another property fit for student living, with local amenities and transport links to the city centre and universities very close by.

The carpeting in this property would need to be removed and replaced as it is damaged, or wooden floors could instead be fitted throughout the house to increase its appeal.

The upstairs bedroom benefits from a fantastic exposed brick feature wall, and if modernised and tidied up the bedroom could be transformed into a wonderful living space for a young student couple.

The house bathroom is also located upstairs, and there is the added benefit of a cellar on the ground floor that could be used for extra storage or space.

To truly make the most out of this property as a student rental home, the buyer would need to put some thought into the interior design and modernise the property throughout, thinking about how best to create a home that could be easily maintained.

For more information about any of the properties mentioned, please go to www.rightmove.co.uk/.