Moving to Leeds - up and coming areas

[lewisf182]

The City Island flat listed at £115k is now at...... £146k... fking estate agents - useless. Couldn't value a £1 coin!

I knew full well it'd go for a lot more than £115k but £146k before best & finals it's looking like a £155k jobby possibly more, which just becomes too expensive coupled with the £2k per year service charges.

Shame

Roundhay/Oakwood it is!

[lewisf182]

Yup, the CI flat no longer looks like a repo bargain and will go for it's true value. It does need a recondition throughout the really, especially the areas of mold like you said shcnozz.

20% in 12 months again puts me off a city centre flat though, as 20% in a city like leeds in 1 year IMHO is just unsustainable and worries me for the future values. Whereas something in Oakwood should be able to resist a light down turn better?

Saying that even sheffield is booming ATM. Bought my flat in August last year for £85, mutliple have now sold in my block, some worse than mine, for £120k. Thats a £35k rise in 1 year, let alone the £625 rent per month I've received off it (mortgage £220 interest only).... Happy days. Tempted to sell up and run as the prices are getting silly now.