Buying Repossessed Houses for Sale in Leeds

By April 8, 2011House Repossession

repossessed houses for sale in leeds

Current List of Repossessed Houses for Sale in Leeds
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If you are looking to by a BMV property or repossessed houses for sale in Leeds as a rental investment, Leeds has it all:

  • With its two universities, the University of Leeds and Leeds Metropolitan University inflating the population by around 68,000 (and that doesn’t account for the 52,000 short course students), there are a lot of students needing accommodation
  • 20,000 people employed within the tourist industry, an industry with high staff turnover, and that’s 88,000 homes needed. Leeds property prices are substantially lower than the UK average

Current Average Property Prices in Leeds

  • Detached: £276,675
  • Semi-detached: £150,007
  • Terraced: £109,859
  • Apartments: £132,488

Current Maximum Local Housing Allowance Rates in Leeds

  • Shared accommodation: £59.00
  • 1 Bedroom: £98.09
  • 2 Bedroom: £114.23
  • 3 Bedroom: £126.92
  • 4 Bedroom: £173.08

Examples of Repossessed Houses for Sale in Leeds

Note: these properties are all for sale by auction on 20th April at Auction House Manning Stainton, LS18

  • Brownhill Terrace, Leeds LS9: Basement and Ground floor apartment. Currently used as a takeaway business. Guide price £20,000
  • Recreation Grove, Leeds: This is a one bedroom back-to-back terraced property currently producing £5,400 per annum of rental income. Guide price: £30,000
  • Copperfield Crescent, Leeds: Three bedroom terraced property. An excellent buy-to-let proposition: Guide price: £30,000

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