- Substantial freehold terrace +
- Split into 6 self-contained modern flats +
- 2 x three beds & 4 x one beds +
- Prime location, close to universities & city +
- Total rent roll £77,460 p/a inc bills +
- Great investment opportunity! +
- EPC Rating D - E +
A SUBSTANTIAL FREEHOLD TERRACE SPLIT INTO SIX SELF CONTAINED FLATS COMPRISING 2 x 3 BEDROOMS AND 4 x 1 BEDROOMS, SITUATED IN ONE OF LEEDS' MANY LEAFY CONSERVATION AREAS, IN A PRIME SOUGHT-AFTER LOCATION, A SHORT WALK TO THE OPEN SPACES OF HYDE PARK, THE MAIN UNIVERSITIES, HOSPITALS AND LEEDS CITY CENTRE.
The flats are all let with a total annual rent roll of £77,460 p/a including bills on a fair usage policy. We understand there is one gas supply & boiler providing heating to all the flats, each flat has its own water heating system, there are 4 water supplies, one for each of the 3 bed flats and the four x 1 bed flats share two supplies. There are electric supplies for each flat along with a landlord's supply.
Flat 3 £18,000 p/a 28.6.26 3 bed Flat 6 £19,260 p/a 28.6.26 3 bed Flat 9 £9,900 p/a 28.6.26 1 bed Flat 10 £10,500 p/a 30.6.26 1 bed Flat 13 £9,600 p/a 28.6.26 1 bed Flat 14 £10,200 p/a 21.10.26 1 bed
We are advised that the bills cost in the region of £11,000 to £12,000 p/a.
The seller would prefer the successful buyer to retain the current lettings management agent, Malwiyya Properties. We understand all the flats are being actively marketed for re-letting and our sales details will be updated to reflect any new lettings when we are advised accordingly.
Outside, there is a lawned garden to the front and a yard to the rear. Parking on street is available on a time limited basis.