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This property was removed from Dealsourcr.

8 Bed HMO, Leeds, LS6 3EL £450,000

21 OTLEY ROAD, HEADINGLEY, LEEDS, LS6 3AA - 4 views - 10 months ago
  1. Deal Search
  2. Leeds
  3. LS6
  4. LS6 3EL
HMO
ROI: 11%
~180 m²

ValuationUndervalued

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Links

  • More Deals in Leeds
  • More Deals in LS6
  • More HMO Deals
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Property History

Listed for £450,000

February 20, 2025

Floor Plans

Description

  • Substantial Terrace +
  • Eight bedrooms, six shower room w/c's +
  • Prime central Headingley location +
  • Let until 30th June 2026 +
  • Gross rent £36,463 p/a ex bills +
  • Attractive open plan kitchen and lounge +
  • EPC Rating - D +

A SUBSTANTIAL EIGHT BEDROOMED PERIOD TERRACE WITH SIX SHOWER ROOMS & W/C's (FOUR EN-SUITE BEDROOMS) SITUATED IN THE HEART OF HEADINGLEY, A SHORT WALK TO THE CRICKET GROUND AND THE EXTENSIVE AMENITIES INCLUDING MANY SHOPS, BARS AND RESTAUTANTS WITH LEEDS CITY CENTRE AND THE VARIOUS UNIVERSTY CAMPUS' ALL WITHIN EASY REACH.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.Tenure – Freehold Possession – 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.The property is currently let until 30th June 2025 at £34,787 p/a and also re-let from 7th July 2025 until 30th June 2026 at £36,463 p/a.

The deceptively spacious accommodation comprises an entrance hall leading to three bedrooms and a shower room w/c, a lower ground floor open plan kitchen and lounge, a fourth bedroom and a shower room w/c, two first floor bedrooms each with en-suite shower room w/c's and two further bedrooms on the top floor both with an en-suite shower room w/c. Externally there is a small garden to the front, a yard to the rear and ample on street parking.

The seller has a HMO Licence until 1st October 2026 and the property has a certificate of lawful use as a large HMO.

There is no lettings management tie-in, allowing buyers to self manage or appoint their preferred agent. Internal viewing recommended to fully appreciate this generously proportioned property with potential to increase rent levels in future years.

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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