9 Bed HMO, Leeds, LS6 1HD £625,000

21 OTLEY ROAD - 7 views - 7 months ago
HMO
Inside Article 4
ROI: 5%
~204 m²
Property image
Property image
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Property image
Property image
+9 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£53,700

Total Cash In

£209,950

 

 

Cash Out

 

Room Rate

£542

Gross Rent

£4,878

Running Costs/mo

£4,007

Cashflow/mo

£871

Cashflow/yr

£10,457

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £53K to £680K, average is £294.1K. £601/m² to £5K/m², average is £2.7K/m².

Price
Date
Distance
Address
Beds
 
£248K07/210.1 mi18, Royal Park Grove, Leeds, West Yorkshire LS6 1HQ4
£220K12/220.15 mi3, Welton Mount, Leeds, West Yorkshire LS6 1ET4
£320K08/230.17 mi6, Pearson Terrace, Leeds, West Yorkshire LS6 1HZ4
£420K07/250.21 mi1, Sandringham Drive, Hyde Park, Leeds LS6 1FF4
£300K06/230.28 mi9, Buckingham Avenue, Headingley, Leeds, West Yorkshire LS6 1DJ4
£415K01/230.29 mi19, Buckingham Road, Leeds, West Yorkshire LS6 1BP4
£250K12/240.31 mi100, Royal Park Road, Leeds, West Yorkshire LS6 1JJ4
£365K09/210.33 mi9, Richmond Road, Leeds, West Yorkshire LS6 1BX4
£175K12/230.34 mi44, Richmond Mount, Headingley, Leeds, West Yorkshire LS6 1DF4
£680K08/210.36 mi3, Ashwood Terrace, Leeds, West Yorkshire LS6 2EH4
£250K12/240.36 mi100, Royal Park Road, Hyde Park, Leeds LS6 1JJ4
£570K10/220.37 mi12, Orville Gardens, Leeds, West Yorkshire LS6 2BS4
£425.9K06/210.38 mi9, Grosvenor Mount, Leeds, West Yorkshire LS6 2DX4
£489.9K03/250.38 mi5, Cliff Lane, Headingley, Leeds LS6 2DS4
£489.9K03/250.38 mi5, Cliff Lane, Headingley, Leeds LS6 2DS4
£251.7K06/210.39 mi49, Manor Avenue, Headingley, Leeds, West Yorkshire LS6 1BY4
£242.5K06/230.46 mi90, Burley Lodge Road, Leeds, West Yorkshire LS6 1QF4
£215K07/210.48 mi18, Burley Lodge Road, Leeds, West Yorkshire LS6 1QP4
£155K06/210.49 mi83, Burley Lodge Terrace, Leeds, West Yorkshire LS6 1QD4
£220K12/240.49 mi36, Burley Lodge Terrace, Hyde Park, Leeds LS6 1QA4
£275K03/230.53 mi5, Lucas Street, Leeds, West Yorkshire LS6 2JD4
£248K01/230.54 mi10, Trenic Drive, Leeds, West Yorkshire LS6 3DJ4
£378K10/220.56 mi11, Rochester Terrace, Leeds, West Yorkshire LS6 3DF4
£407K12/230.56 mi23, Rochester Terrace, Leeds, West Yorkshire LS6 3DF4
£250K02/250.57 mi35, Beechwood Terrace, Burley, Leeds LS4 2NG4
£250K02/250.57 mi35, Beechwood Terrace, Burley, Leeds LS4 2NG4
£275K07/210.58 mi28, Shire Oak Road, Leeds, West Yorkshire LS6 2DE4
£264.5K03/230.59 mi27, Beechwood Terrace, Leeds, West Yorkshire LS4 2NG4
£525K08/220.6 mi18, Shire Oak Road, Leeds, West Yorkshire LS6 2DE4
£400K08/230.61 mi20, Broomfield Crescent, Leeds, West Yorkshire LS6 3DD4
£302K08/210.66 mi19, Rawling Way, Leeds, West Yorkshire LS6 2SB4
£325K06/210.66 mi12, Rawling Way, Leeds, West Yorkshire LS6 2SB4
£310K08/220.68 mi6, Knowle Road, Leeds, West Yorkshire LS4 2PJ4
£293K11/220.68 mi13, St Michaels Road, Leeds, West Yorkshire LS6 3AW4
£53K11/240.69 mi12, St Anns Mount, Leeds, West Yorkshire LS4 2PH4
£291.8K12/220.69 mi400, Meanwood Road, Leeds, West Yorkshire LS7 2LP4
£350K04/220.7 mi81, Boothroyd Drive, Leeds, West Yorkshire LS6 2SL4
£422.5K11/240.7 mi43, Wood Lane, Headingley, Leeds LS6 2AY4
£535K11/220.72 mi78, St Michaels Road, Leeds, West Yorkshire LS6 3BG4
£155K08/210.72 mi47, St Anns Avenue, Leeds, West Yorkshire LS4 2PB4
£293K08/230.72 mi25, St Anns Avenue, Leeds, West Yorkshire LS4 2PB4
£234K12/220.72 mi37, Granby Terrace, Leeds, West Yorkshire LS6 3BB4
£385K11/240.73 mi2, Boothroyd Drive, Meanwood, Leeds LS6 2SA4
£360K02/250.74 mi11, Balbec Avenue, Headingley, Leeds LS6 2BB4
£247K12/240.74 mi20, Stanmore Street, Leeds, West Yorkshire LS4 2RS4
£295.1K07/220.74 mi18, Stanmore Street, Leeds, West Yorkshire LS4 2RS4
£260K01/240.75 mi29, Stanmore Road, Leeds, West Yorkshire LS4 2RU4
£260K05/210.76 mi10, Farm Hill Crescent, Leeds, West Yorkshire LS7 2QA4
£335K05/250.77 mi20, Stanmore Road, Burley, Leeds LS4 2RU4
£335K05/250.77 mi20, Stanmore Road, Burley, Leeds LS4 2RU4

Property History

Listed for £625,000

April 3, 2025

Floor Plans

Property image

Description

  • Substantial period terrace +
  • Nine bedrooms, each with wash basin +
  • Three bath/shower rooms & w/c's +
  • Prime Hyde Park location +
  • Let until 30th June 2026 +
  • Gross rent £57,330 p/a ex bills +
  • EPC Rating C +

LET UNTIL 30TH JUNE ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
The well managed property is currently let from the 1st July 2025 until 30th June 2026 at an attractive rent of £57,330 p/a excluding bills.

The lower, first and second floors all have three bedrooms and a shower room or bathroom w/c, a lovely spacious lounge and a stunning open plan modern dining kitchen. Each bedroom also has its own wash basin.

Externally, there is a garden to the front and a yard to the rear with seating area. Parking is available on street.

The seller has a HMO Licence until 24th July 2027.   The sale is not subject to any lettings management tie in allowing buyers to self manage or appoint their preferred agent.  (Internal photographs provided by the seller, taken pre-tenancy).  

Internal viewing essential of this well run and maintained investment property.

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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