- Seven bedroomed terrace +
- Great HMO investment opportunity +
- Prime Hyde Park location +
- Close to universities & city centre +
- Let until 30th June 2027 +
- Gross rent £51,100 p/a inc bills +
- EPC RATING C +
A WELL MANAGED AND PRESENTED SEVEN BEDROOMED TERRACED INVESTMENT PROPERTY, SITUATED IN THIS PRIME AND VERY CONVENIENT LOCATION, A SHORT WALK TO LOCAL SHOPS, THE HYDE PARK PICTURE HOUSE, THE LOVELY OPEN SPACES OF HYDE PARK AND THE MAIN UNIVERSITY CAMPUS' AND LEEDS CITY CENTRE.
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 30th June 2026 at £50,960 p/a including bills (£45,864 p/a excluding bills) and re-let from the 1st July 2026 until 30th June 2027 at £51,100 p/a including bills (£45,864 excluding bills), providing a very attractive gross yield of just over 10%!!!!The seller has a HMO Licence until 13th June 2027 and the property has a Sui Generis Lawful use certificate for HMO use.
The sale is not subject to any lettings management tie-in, allowing buyers to self-manage or appoint their preferred agent.
The accommodation comprises an entrance hall, a lounge, a bedroom and a modern fitted kitchen on the ground floor, a lower ground floor bedroom and store room, three first floor bedrooms and two modern shower room w/c's, with two further bedrooms on the top floor. Outside, there is a small garden frontage and an enclosed yard to the rear with an attractive seating area. There is ample on street parking.
Point to note - Following the recent introduction of the Rent Reform Act, unless further changes are made, from the 1st May 2026, the above tenancies will automatically transfer from assured shorthold tenancy agreements to periodic tenancy agreements, therefore the tenancy termination dates will no longer apply.
Tenure – Freehold Possession – The property is being sold subject to the existing tenancy agreements.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.