THE RENOVATION GAME

THE OAKS, GLEDHOW WOOD GROVE, LEEDS

What's for sale?

This four-bedroom, detached, Victorian property in a popular residential area in north Leeds has just come on the market, and is unlikely to stay there long. In addition to its original features - sash windows, a fireplace, coving and picture rails - there is also a loft conversion for the fourth bedroom, a cellar, a garage and a summer house.

How much?

Guide price of 325,000

What's needed?

Though structurally sound, the interior has fallen into disrepair. Rewiring, a new kitchen and a new bathroom, among other cosmetic work, will cost around 50,000. There is plenty of room for an extension, should planning permission be granted, which would cost around 20,000.

Profit potential

When renovated it is thought the property could sell for in excess of 450,000. With a two-storey extension it could easily command bids of over 500,000.

Allan Cooke: 0113-288 866

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