6 Bed HMO, Leeds, LS6 3LD £365,000

21 OTLEY ROAD - 8 views - 7 months ago
Sold STC
HMO
ROI: 9%
112 m²
Property image

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£27,700

Total Cash In

£118,950

 

 

Cash Out

 

Room Rate

£572

Gross Rent

£3,432

Running Costs/mo

£2,540

Cashflow/mo

£892

Cashflow/yr

£10,707

ROI

9%

Gross Yield

11%

Local Sold Prices

31 sold prices from £240K to £1.6M, average is £440.5K. £1.6K/m² to £6.2K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£285K11/240.07 mi7, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN6
£285K11/240.08 mi7, Derwentwater Grove, Headingley, Leeds LS6 3EN6
£421.6K09/210.11 mi69, St Annes Road, Leeds, West Yorkshire LS6 3NY6
£350K08/250.18 mi95, St Annes Road, Headingley, Leeds LS6 3NZ6
£562K11/230.19 mi50, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ6
£385K12/220.22 mi39, Langdale Avenue, Leeds, West Yorkshire LS6 3HA6
£399.5K07/220.29 mi66, Becketts Park Drive, Leeds, West Yorkshire LS6 3PL6
£850K07/230.36 mi9, Grove Lane, Leeds, West Yorkshire LS6 4AB6
£375K10/230.43 mi11, Newport Gardens, Leeds, West Yorkshire LS6 3DA6
£449.3K03/230.45 mi14, St Anns Lane, Leeds, West Yorkshire LS4 2SE6
£330K03/250.46 mi18, Newport View, Headingley, Leeds LS6 3BX6
£330K03/250.46 mi18, Newport View, Headingley, Leeds LS6 3BX6
£650K06/210.49 mi2, Claremont Drive, Leeds, West Yorkshire LS6 4ED6
£1.6M11/240.78 mi3 Oaks House, Beckside Gardens, Weetwood, Leeds LS16 5QZ6
£970K08/230.8 mi4, Ancaster Road, Leeds, West Yorkshire LS16 5HH6
£565K09/221.17 mi19, St Johns Terrace, Leeds, West Yorkshire LS3 1DY6
£565K09/221.19 mi19, St Johns Terrace, Belle Vue Road, Woodhouse, Leeds LS3 1DY6
£325K04/251.2 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£325K04/251.2 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£412K12/221.2 mi24, Clarkson View, Leeds, West Yorkshire LS6 2LB6
£785K08/211.22 mi26, North Parade, Leeds, West Yorkshire LS16 5AY6
£331.2K05/211.27 mi25, Glossop Street, Leeds, West Yorkshire LS6 2LE6
£240K01/251.28 mi156, Stainbeck Road, Meanwood, Leeds LS7 2PP6
£975K05/211.34 miHayfield, Foxhill Court, Leeds, West Yorkshire LS16 5PL6
£775K03/251.39 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£775K03/251.39 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£480K06/211.45 mi3, Woodlea Drive, Meanwood, Leeds, West Yorkshire LS6 4SQ6
£1.0M07/231.73 mi1, Arden Grange, Adel, Leeds, West Yorkshire LS16 8FD6
£795K12/241.79 mi3, Woodsley Drive, Adel, Leeds LS16 8FS6
£310K03/251.88 mi9, Hall Lane, Potternewton, Leeds LS7 3HE6
£440.5K08/231.97 mi9, Woodbourne Avenue, Leeds, West Yorkshire LS17 5PQ6

Property History

Listed for £365,000

March 26, 2025

Floor Plans

Property image

Description

  • Spacious semi-detached +
  • Six bedrooms +
  • Gardens & drive for off street parking +
  • Prime central Headingley location +
  • Let until 30th June 2026 +
  • Gross rent £32,224 p/a (ex bills) +
  • EPC Rating - E +

LET UNTIL 30TH JUNE 2026 AT £32,224 P/A EXCLUDING BILLS!- A SIX BEDROOMED SEMI-DETACHED PROPERTY WITH DRIVE AND GARDENS SITUATED IN THE HEART OF HEADINGLEY, A FEW MINUTES WALK TO EXTENSIVE AMENITIES, SHOPS, BARS, RESTAURANTS, THE CRICKET GROUND AND WITH EASY ACCESS INTO LEEDS CITY CENTRE AND THE UNIVERSITIES.

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 until until 30th June 2025 at £32,224 p/a excluding bills and re-let at the same annual rent until 30th June 2026.

The well planned accommodation comprises an entrance hall with a separate w/c off, a bedroom and a large open planning living kitchen on the ground floor. Upstairs, there are three bedrooms, a bathroom w/c and a separate shower room with a further bedroom on the top floor.   Externally, there is lawned garden to the front, a paved drive for off street parking and a good sized lawned rear garden with potential to build a garage, subject to relevant consents.

The seller has a HMO Licence until 6th November 2026. The sale is not subject to a lettings management tie-in, so buyers are free to self manage or appoint their preferred agent on completion. (Internal photographs taken pre-tenancy)

Tenure: Freehold
Possession: Subject to exisiting tenancy

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?

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