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5 Bed HMO, Leeds, LS6 3BR £350,000

St. Michaels Lane, Leeds, LS6 3BR - a year ago
  1. Deal Search
  2. Leeds
  3. LS6
  4. LS6 3BR
Sold STC
HMO
Inside Article 4
ROI: 5%
~161 m²

ValuationUndervalued

AI score: 70/100. This may not be accurate, please check manually.

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Links

  • More Deals in Leeds
  • More Deals in LS6
  • More HMO Deals
  • More HMO Deals in Leeds
  • More HMO Deals in LS6

Property History

Price changed to £350,000

May 19, 2025

Listed for £375,000

January 31, 2025

Sold for £167,500

2001

Floor Plans

Description

  • Substantial semi-detached property +
  • Five bedrooms with potential for six +
  • Prime Headingley location +
  • Close to amenities & train stations +
  • Let until 30th June 2026 +
  • Gross rent £27,300 p/a ex bills +
  • EPC Rating - D +

A SUBSTANTIAL FIVE BEDROOMED SEMI-DETACHED PROPERTY VERY CONVENIENTLY SITUATED OPPOSITE HEADINGLY CRICKET GROUND AND JUST A FEW MINUTE'S WALK TO EXTENSIVE AMENITIES, SHOPS, BARS AND RESTARAUNTS WITH BURLEY PARK & HEADINGLEY TRAIN STATIONS BOTH CLOSE BY. THERE IS ALSO EASY ACCESS INTO LEEDS CITY CENTRE AND THE VARIOUS UNIVERSITY SITES.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.The property is currently let on individual tenancy agreements to until 30th June 2026 at £27,600 p/a excluding bills.On the ground floor, the accommodation comprises an entrance hall with w/c off, a lounge, dining room , kitchen with utility rooms off, upstairs there are three bedrooms, a bathroom w/c with separate shower enclosure and a further separate shower room. On the top floor, there are two further bedrooms currently each with an en-suite w/c and wash basin. Given the generous room proportions and layout of the property, there must be excellent potential to increase the number of letting rooms to six, subject to any relevant consents and HMO Licencing requirements.

Externally, there is a lawned garden to the front, a drive leading to a single garage and a small enclosed garden to the rear. On street parking is also available on a residents' permit basis.

The seller has a HMO Licence until 18th July 2027.

Tenure – FreeholdPossession – The property is being sold subject to the existing tenancy agreements.

AML - Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.

Agent Details

Castlehill, Headingley

0113 519 7781

Next Steps?

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

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Cashflows

AI score: 70/100. This may not be accurate, please check manually.

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