5 Bed HMO, Leeds, LS6 3JE £425,000

Cross Chapel Street, Leeds, LS6 3JE - a year ago
HMO
ROI: 4%
~114 m²
Property image

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Room Rate

£608

Gross Rent

£3,040

Running Costs/mo

£2,575

Cashflow/mo

£465

Cashflow/yr

£5,583

ROI

4%

Gross Yield

9%

Local Sold Prices

30 sold prices from £189.9K to £860K, average is £342K. £1.7K/m² to £5.9K/m², average is £2.9K/m².

Price
Date
Distance
Address
Beds
 
£310K10/230.14 mi11, Grimthorpe Street, Leeds, West Yorkshire LS6 3JU5
£440.1K09/230.15 mi74, St Michaels Road, Leeds, West Yorkshire LS6 3BG5
£356K05/210.23 mi40, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ5
£470K06/210.23 mi37, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PH5
£375K02/230.27 mi40, Grove Lane, Leeds, West Yorkshire LS6 2AP5
£463.3K10/220.27 mi20, Estcourt Avenue, Leeds, West Yorkshire LS6 3ES5
£513K06/210.32 mi18, St Chads Drive, Leeds, West Yorkshire LS6 3QD5
£805K02/250.4 mi17, Claremont Drive, Headingley, Leeds LS6 4ED5
£530K01/240.4 mi12, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ5
£697.5K11/230.45 mi32, Moor Road, Leeds, West Yorkshire LS6 4BJ5
£558.2K08/230.46 mi7, Moor Drive, Leeds, West Yorkshire LS6 4BY5
£290K06/230.47 mi12, Newport View, Leeds, West Yorkshire LS6 3BX5
£270K06/210.49 mi33, St Annes Drive, Leeds, West Yorkshire LS4 2SA5
£270K12/230.52 mi59, Highbury Terrace, Leeds, West Yorkshire LS6 4ET5
£270K12/230.52 mi11, Highbury Terrace, Leeds, West Yorkshire LS6 4ET5
£300K07/250.53 mi5, Stanmore Road, Burley, Leeds LS4 2RU5
£550K03/250.59 mi12, Drummond Road, Headingley, Leeds LS16 5LB5
£510K01/240.62 mi7, Hollin Drive, Leeds, West Yorkshire LS16 5NE5
£242.5K07/240.64 mi18, Mayville Place, Leeds, West Yorkshire LS6 1NE5
£235K07/220.64 mi64, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£210K03/240.64 mi56, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£328K03/240.68 mi25, Welton Grove, Leeds, West Yorkshire LS6 1ES5
£750K11/230.7 mi4, Alnwick View, Leeds, West Yorkshire LS16 5RP5
£290K10/210.76 mi22, St Anns Mount, Leeds, West Yorkshire LS4 2PH5
£250K01/250.79 mi342, Burley Road, Leeds, West Yorkshire LS4 2NZ5
£270K08/210.82 mi2, Thornville Mount, Leeds, West Yorkshire LS6 1JX5
£540K07/240.85 mi8, The Paddock, Leeds, West Yorkshire LS6 4PB5
£860K08/230.87 mi2, Caythorpe Road, Leeds, West Yorkshire LS16 5HW5
£201K09/230.89 mi78, Harold Terrace, Leeds, West Yorkshire LS6 1LD5
£189.9K03/230.93 mi31, Haddon Road, Leeds, West Yorkshire LS4 2JE5

Property History

Price changed to £425,000

March 16, 2025

Listed for £445,000

September 27, 2024

Floor Plans

Property image

Description

  • Five Double Bedrooms, Four Bathrooms +
  • Modern Kitchen/Dining/Living Space +
  • Renovated To A High Standard +
  • Set Over Three Floors +
  • Sought After Location +
  • Let 2024/2025 at £36,500 +
  • Re Let 2025/2026 at £36,500 +
  • HMO License +
  • Tenants Pay Own Bills On Top +

Renovated over recent years to a high standard, this five bedroom, four bathroom terrace makes an excellent investment opportunity. Let until June 2026, currently let at £36,500p/a (plus bills).

The property is set over three floors with each room renovated to a high standard; featuring an en-suite to three bedrooms, with a jack and jill bathroom serving the top floor. Each bedroom is complete with quality fitted furniture and wall mounted televisions. The open plan kitchen, dining, living space is fitted with a stylish gloss kitchen with integrated appliances. Situated on a desirable street in central Headingley, this property is sure to be popular.

The property is in an area of Article 4 Direction. Our client advises he has multi-let the property for many years and has a HMO license in place and the relevant tenancies / letting information is held by his solicitor.

Agent Details

Preston Baker, Leeds

0113 519 3782

Next Steps?

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