- Rental Yield 8.3% +
- End of terrace double fronted property +
- C4 Planning +
- Five generously proportioned bedrooms +
- Two bathrooms +
Investors, thank you for taking the time to look at this wonderful well-presented property. Starting with the financials:
* Tenanted until the 30/6/2025
* Annual rental £27375 (tenants responsible for own bills)
* Rental yield based on current asking price 8.3%
* Current HMO license valid until the 12th of June 2027 (the purchaser will need to apply for a new application)
* C4 Planning consent
In 2020 this property underwent a partial refurbishment to include replaster, carpets, kitchen and one new bathroom with full property decor. Let consistently by the current managing agent since 2018 without any void periods.
This property benefits from being an end of terrace double fronted house which even from the exterior is larger than the other properties on this street. As you approach you are greeted with a welcoming front yard area including mature shrubs. This property has five very generously sized bedrooms (no box rooms) comprising of one on the ground floor and then two bedrooms per floor above. The kitchen and utility are based below the living area in what could be considered the basement but this description could be considered incorrect as this floor is only slightly below street level and does include its own working entrance and view onto the street. The property is fully equipped with fire doors and an interlinked panel fire alarm system,
The property is located on Beechwood terrace to the rear of Burley Park station. Only a ten minuet walk to Headingley centre and within the rental catchment area for both University of Leeds and Becketts University.
Entrance Hall
Lounge - 13' 8'' max x 10' 6'' average (4.17m x 3.2m)
Radiator. Ceiling cornice.
Bedroom 1 - 16' 5'' x 10' (5m x 3.05m)
Radiator. Ceiling cornice.
Lower ground floor
External access available, ideal for bike storage.
Dining Kitchen - 13' 1'' max x 11' 6'' ave (3.99m x 3.51m)
Range of wall and base units with tiled splash backs. Stainless steel sink unit. Electric cooker point. Gas boiler. Cupboard with meters. Radiator. Extractor fan.
Utility Room
Plumbed for automatic washer. Radiator. Access to front garden.
Shower room/w.c. Off
Modern white suite. Shower in part tiled enclosure. Extractor fan. Radiator.
First floor
Bedroom 2 - 13' 9'' max x 10' 8'' max (4.19m x 3.25m)
Radiator. Wash hand basin.
Bedroom 3 - 13' 7'' x 7' 7'' (4.14m x 2.31m)
Radiator.
Bathroom/w.c.
Modern white suite. Electric shower over bath and tiling round. Extractor fan. Radiator.
Second floor
Landing
Skylight
Bedroom 4 - 10' 5'' max x 9' 10'' ave (3.18m x 3m)
Gable end window. Radiator.
Bedroom 5 - 10' 2'' x 10' 1'' (3.1m x 3.07m)
Radiator. Double glazed Velux window.
Outside
Low maintenance paved garden with mature shrubs.
Tenure
Freehold
Possession