5 Bed HMO, Leeds, LS4 2RW £260,000

Stanmore View, Burley, Leeds, LS4 2RW - 15 views - 7 months ago
HMO
Planning
Inside Article 4
ROI: 5%
~178 m²
Property image

ValuationUndervalued

Sold Prices£189.9K - £530K
Sold Prices/m²£1.7K/m² - £3.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.5K/m²

Value Estimate

£317,200
BMV22%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£17,200

Total Cash In

£82,200

 

 

Cash Out

 

Room Rate

£425

Gross Rent

£2,125

Running Costs/mo

£1,806

Cashflow/mo

£319

Cashflow/yr

£3,825

ROI

5%

Gross Yield

10%

Local Sold Prices

20 sold prices from £189.9K to £530K, average is £295K. £1.7K/m² to £3.3K/m², average is £2.8K/m².

Price
Date
Distance
Address
Beds
 
£300K07/250.11 mi5, Stanmore Road, Burley, Leeds LS4 2RU5
£235K07/220.14 mi64, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£210K03/240.14 mi56, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG5
£290K10/210.14 mi22, St Anns Mount, Leeds, West Yorkshire LS4 2PH5
£250K01/250.16 mi342, Burley Road, Leeds, West Yorkshire LS4 2NZ5
£290K06/230.2 mi12, Newport View, Leeds, West Yorkshire LS6 3BX5
£270K06/210.25 mi33, St Annes Drive, Leeds, West Yorkshire LS4 2SA5
£189.9K03/230.3 mi31, Haddon Road, Leeds, West Yorkshire LS4 2JE5
£242.5K07/240.37 mi18, Mayville Place, Leeds, West Yorkshire LS6 1NE5
£463.3K10/220.44 mi20, Estcourt Avenue, Leeds, West Yorkshire LS6 3ES5
£201K09/230.47 mi78, Harold Terrace, Leeds, West Yorkshire LS6 1LD5
£270K08/210.48 mi2, Thornville Mount, Leeds, West Yorkshire LS6 1JX5
£440.1K09/230.5 mi74, St Michaels Road, Leeds, West Yorkshire LS6 3BG5
£328K03/240.55 mi25, Welton Grove, Leeds, West Yorkshire LS6 1ES5
£310K10/230.63 mi11, Grimthorpe Street, Leeds, West Yorkshire LS6 3JU5
£470K06/210.73 mi37, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PH5
£356K05/210.75 mi40, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ5
£375K02/230.88 mi40, Grove Lane, Leeds, West Yorkshire LS6 2AP5
£530K01/240.92 mi12, Woodland Park Road, Leeds, West Yorkshire LS6 2AZ5
£513K06/210.92 mi18, St Chads Drive, Leeds, West Yorkshire LS6 3QD5

Local Area Statistics

Population in LS4

9,003

Population in Leeds

635,166

Town centre distance

1.40 miles away

Nearest school

0.30 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £260,000

July 2, 2025

Price changed to £270,000

May 15, 2025

Listed for £280,000

March 31, 2025

Floor Plans

Property image

Description

  • Five Bed Two Bath Student Investment Property +
  • With a Certificate of Lawful Use to let as a HMO +
  • HMO Licence Until July 2026 +
  • Well Presented & Maintained Throughout +
  • Gas Central Heating & uPVC Double Glazing +
  • Great Student Letting Area +
  • Viewing Recommended +
  • No Onward Chain +

A FIVE DOUBLE BED, TWO BATH STUDENT INVESTMENT PROPERTY located in Burley with a Certificate of Lawful Use. Freehold. Council Tax Band A.

GENERAL
Presented to the market with the benefit of NO ONWARD CHAIN, this well maintained mid terrace HMO benefits from gas central heating, uPVC double glazing and very modern fixtures and fittings throughout. The property provides accommodation over four floors and briefly comprises: a lounge with a bay window and a galley kitchen on the ground floor, two bedrooms and a shower room on the lower ground floor, two bedrooms and a shower room on the first floor, and a further double bedroom on the top floor. There is a low maintenance courtyard style garden at the front and unrestricted on street parking. The property is currently let until 30 June 2025, and is being advertised for the next academic year at a NET rent of £25480 per annum. Our sellers have a HMO licence until July 2026. This is a great opportunity to purchase a fully compliant HMO property in a sought after area. VIEWING HIGHLY RECOMMENDED.

Photos courtesy of Beyond Lettings, who currently let and manage the property for our sellers.

AREA
Burley is a popular suburb in north-west Leeds, situated approx. two miles from Leeds city centre. The nearest train station is Burley Park, which is approx. 5 minutes’ walk away; and only one stop before Leeds city centre. The immediate area has a range of local shops, off licences, takeaways etc, and there are larger stores and leisure facilities a ten minute walk away on Kirkstall Road. Headingley’s vibrant centre is approx. 10-minute walk away.

GROUND FLOOR
LOUNGE
This is a spacious lounge with laminate flooring and a bay window to the front.

KITCHEN
A wider than average galley kitchen comprising a range of wall and base units with complementary worksurfaces to three sides. There is an integrated gas hob and electric oven, a washing machine and floor space for an upright fridge/freezer. Leading to…

LOWER GROUND FLOOR
BEDROOM (DOUBLE)
A double bedroom with a carpeted floor and a fully openable window.

BEDROOM (DOUBLE)
A double bedroom with a carpeted floor and a fully openable window.

SHOWER ROOM
An ultra-modern shower room with half tiled walls, shower cubicle, vanity washbasin and low level WC.

FIRST FLOOR
BEDROOM (DOUBLE)
A double bedroom with a carpeted floor.

BEDROOM (DOUBLE)
A double bedroom with a carpeted floor.

SHOWER ROOM
An ultra-modern shower room with half tiled walls, shower cubicle, vanity washbasin and low level WC.

SECOND FLOOR
BEDROOM (DOUBLE)
A double bedroom with a carpeted floor and the benefit of a dormer window.

OUTSIDE
The property has a low maintenance courtyard at the front and ample unrestricted on street car parking.

MATERIAL INFORMATION:
TENURE
The property is Freehold.

SERVICES
The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.

BROADBAND/MOBILE SIGNAL & COVERAGE
BROADBAND is available in this area / MOBILE SIGNAL & COVERAGE is available in this area.

FLOOD RISK & PLANNING PERMISSION
FLOOD RISK – not in the immediate area / PLANNING PERMISSION – none in the immediate area.

COUNCIL TAX BAND A

Agent Details

Linley & Simpson, North Leeds

01334 237513

Next Steps?

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