- Five double bedrooms, each with private en suite +
- Accommodation over four floors (approx. 125m²) +
- Currently generating £15,308 pa with 11.33% yield +
- Potential to increase income at full occupancy (pending HMO renewal) +
- Popular rental location +
- Front and rear patio areas providing outdoor space +
- On-street parking available +
- EPC Rating: C +
- Council Tax Band: A +
5-Bedroom Mid-Terrace Investment Property with Excellent Yield Potential.
INVESTMENT PROPERTY SOLD WITH TENANTS IN SITU
A five-bedroom, five-ensuite mid-terrace house set over four floors, located in a popular rental area.
Currently occupied by three tenants, the property generates an annual rental income of £15,308, delivering a current yield of 11.33%, with strong potential to increase returns upon full occupancy (subject to the new buyer applying for a new HMO Licence).
Key Features:
- Five double bedrooms, each with a private ensuite bathroom
- Set over four floors
- Front and rear patio areas
- On-street parking available
- Popular rental location
- Strong investment potential with excellent yield prospects
This property represents a fantastic opportunity for investors seeking a high-yielding rental in a desirable area. With scope to enhance income once fully occupied, it offers both immediate returns and long-term potential.
Currently there is no HMO Licence on the property as it is not fully occupied. Any buyer is advised to seek their own advice with Leeds City Council for the requirements and costs of the licence.
Two of the current occupants are on monthly rolling contracts. One tenant is on a fixed term until December 2025 then will continue on periodic.
Please note the property is not available to purchase with vacant possession. Buy to Let investment buyers only.