- 6 bed and three bath (one ensuite) +
- Annual rental income of £25,260 +
- Gross yield of 11.7% +
- Net yield of 9.1% +
- Popular rental demand for HMO rooms +
- Split over four floors +
Property Overview
This is an exceptional opportunity to acquire a fully licensed, fully tenanted 6-bedroom House in Multiple Occupation (HMO) situated in one of Leeds' strongest rental areas. The property features two communal bathrooms plus an en-suite bedroom, providing attractive and versatile accommodation for tenants.
Currently producing a gross annual income of £25,260, this is a turnkey investment offering immediate income and long-term growth potential.
Key Features
6 well-sized bedrooms including one en-suite
Two communal bathrooms for shared use
Fully fitted communal kitchen and living area
Gross Annual Income: £25,260
HMO licence in place - fully compliant with Leeds City Council regulations
Consistent tenant demand and low voids
Financial Overview
Gross Annual Income
£25,260 per annum
Monthly Outgoings
Council Tax: £103.33
Water: £90.00
Gas & Electricity: £250.00
Internet: £38.00
Cleaning: £0.00
Total Monthly Outgoings: £481.33
Annual Outgoings: £5,775.96 per annum
Net Returns (Current)
Net Annual Income: £19,484.04 per annum
Net Yield: 9.1%
Net Monthly Income: £1,623.67
(Figures based on current tenancy agreements and bills provided.)
Investment Highlights
Fully Licensed HMO - All compliance certificates in place.
Immediate Cashflow - Fully tenanted with an established income stream.
Strong Rental Demand - Leeds LS11 is a key area for both working professionals and students due to its affordability and proximity to the city centre.
Potential for Rent Uplift - With strategic upgrades (e.g., improved communal areas, refreshed décor), there is room to increase rents and further boost yields.
Low Void Periods - Consistent tenant demand ensures stable occupancy.
Why Leeds LS11 is a Prime HMO Location
Leeds is one of the UK's fastest-growing cities with a booming student and young professional population. LS11 in particular offers:
Gross Annual Income £25,260
Annual Outgoings £5,775.96
Net Annual Income £19,484.04
Net Monthly Income £1,623.67