House For Sale
£
425,000
Hollyshaw Walk, Leeds LS15
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Description
This is an investment opportunity to purchase a HMO property in Leeds generating £36,456 rent pa & gross yield of 8.6%.
Property information
Spread over 3 floors
Licenced for 7 bedrooms, new owner can apply for the 8th room on the new licence
Property comprising of:
1 x 1-bed flat
7 x studio flats
EPC rating C
Monthly rental income £3,073
Rental information
Room 1 - £385 pcm - Let - Tenant has been in-situ for over 12 years
Room 2 - £399 pcm - Let
Room 3 - £325 pcm - Let - Tenant has been in-situ for over 12 years
Room 4 - £335 pcm - Let - Tenant has been in-situ for over 5 years
Room 5 - £399 pcm - Let - Tenant has been in-situ for over 4 years
Room 6 - £390 pcm - Let
Flat 7 - £460 pcm - Let
Studio flat - £345 pcm - Let
Total rent pcm £3,038
Total rent pa £36,456
Additional income:
Approximately £1,900 pa from electric token meters and washing machines
The vendor informed us that there is potential to increase the rents to £3,258 pcm, but that they're happy with the rents as they are.
Running costs
Council tax & water bill: Approximately £1,500 pa
The tenant of the 1-bed flat pays for their own utilities
Notes
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
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Back Carter Terrace
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Hollyshaw Walk
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Silkstone Court
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Hollyshaw Lane
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Yorkshire and the Humber
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Back Carter Terrace
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Hollyshaw Walk
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Ring Road Halton
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Knightsway
Hollyshaw Lane
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Leeds
Yorkshire and the Humber
England
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Price Max
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£5,000
£15,000
£25,000
£35,000
£45,000
£55,000
£65,000
£75,000
£85,000
£95,000
£105,000
£115,000
£125,000
£135,000
£145,000
£155,000
£165,000
£175,000
£185,000
£195,000
£205,000
£215,000
£225,000
£235,000
£245,000
£255,000
£265,000
£275,000
£285,000
£295,000
£305,000
£315,000
£325,000
£335,000
£345,000
£355,000
£365,000
£375,000
£385,000
£395,000
£405,000
£415,000
£425,000
£435,000
£445,000
£455,000
£465,000
£475,000
£485,000
£495,000
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