6 Bed HMO, Leeds, LS6 3EW £325,000

Headingley Mount, Leeds, LS6 3EW - 3 views - a year ago
HMO
~159 m²
Property image
Property image
Property image
Property image
Property image

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Room Rate

£267

Gross Rent

£1,602

Running Costs/mo

£2,000

Cashflow/mo

£-398

Cashflow/yr

£-4,772

Gross Yield

6%

Local Sold Prices

30 sold prices from £240K to £1.6M, average is £435.4K. £1.6K/m² to £6.2K/m², average is £3.2K/m².

Price
Date
Distance
Address
Beds
 
£285K11/240.07 mi7, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN6
£285K11/240.1 mi7, Derwentwater Grove, Headingley, Leeds LS6 3EN6
£350K08/250.14 mi95, St Annes Road, Headingley, Leeds LS6 3NZ6
£385K12/220.14 mi39, Langdale Avenue, Leeds, West Yorkshire LS6 3HA6
£421.6K09/210.15 mi69, St Annes Road, Leeds, West Yorkshire LS6 3NY6
£562K11/230.18 mi50, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ6
£399.5K07/220.26 mi66, Becketts Park Drive, Leeds, West Yorkshire LS6 3PL6
£449.3K03/230.39 mi14, St Anns Lane, Leeds, West Yorkshire LS4 2SE6
£850K07/230.43 mi9, Grove Lane, Leeds, West Yorkshire LS6 4AB6
£375K10/230.45 mi11, Newport Gardens, Leeds, West Yorkshire LS6 3DA6
£330K03/250.48 mi18, Newport View, Headingley, Leeds LS6 3BX6
£330K03/250.48 mi18, Newport View, Headingley, Leeds LS6 3BX6
£650K06/210.57 mi2, Claremont Drive, Leeds, West Yorkshire LS6 4ED6
£970K08/230.77 mi4, Ancaster Road, Leeds, West Yorkshire LS16 5HH6
£1.6M11/240.82 mi3 Oaks House, Beckside Gardens, Weetwood, Leeds LS16 5QZ6
£785K08/211.18 mi26, North Parade, Leeds, West Yorkshire LS16 5AY6
£565K09/221.21 mi19, St Johns Terrace, Leeds, West Yorkshire LS3 1DY6
£565K09/221.23 mi19, St Johns Terrace, Belle Vue Road, Woodhouse, Leeds LS3 1DY6
£325K04/251.27 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£325K04/251.27 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£412K12/221.28 mi24, Clarkson View, Leeds, West Yorkshire LS6 2LB6
£331.2K05/211.34 mi25, Glossop Street, Leeds, West Yorkshire LS6 2LE6
£975K05/211.35 miHayfield, Foxhill Court, Leeds, West Yorkshire LS16 5PL6
£240K01/251.36 mi156, Stainbeck Road, Meanwood, Leeds LS7 2PP6
£775K03/251.44 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£775K03/251.44 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£480K06/211.51 mi3, Woodlea Drive, Meanwood, Leeds, West Yorkshire LS6 4SQ6
£1.0M07/231.74 mi1, Arden Grange, Adel, Leeds, West Yorkshire LS16 8FD6
£795K12/241.8 mi3, Woodsley Drive, Adel, Leeds LS16 8FS6
£310K03/251.96 mi9, Hall Lane, Potternewton, Leeds LS7 3HE6

Property History

Price changed to £325,000

June 4, 2025

Listed for £350,000

October 8, 2024

Floor Plans

Property image

Description

  • Guide Price £350,000 +
  • HMO License +
  • Sought After Investment Location +
  • Central Headingley +
  • Six Double Bedrooms +
  • Two Bathrooms +
  • Good Condition +
  • Previously Let For £100 pp/pw + Bills +
  • Currently Let To 4 For £1600pcm + Bills +

This six bedroom, two bathroom back to back terrace makes an excellent investment. Partially let to four until June 2026 at £1600pcm + bills.

The property is set over three floors with an open plan kitchen diner and separate lounge on the ground floor. The white gloss kitchen is modern with two inbuilt ovens and two hobs, the white goods are freestanding. The first and second floor both house a bathroom and the six bedrooms. Each bedroom comes complete with built in 3/4 bed, wardrobe and desk. The decor is neutral throughout, recently decorated and re carpeted.

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 the relevant tenancies whilst under his ownership.

Agent Details

Preston Baker, Leeds

0113 519 3782

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪