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House For Sale £350,000
Spencer Place, Leeds LS7


Description
This extremely large property with basement apartment has been granted approval to become a HMO. This is a fantastic opportunity for investors to achieve a rental figure close of at least £45,000+ per annum. Some improvements to the property are needed but opportunities like this are very rare. High levels of demand are anticipated in this property, to avoid disappointment it is essential interest is registered early.

Located on Spencer Place, this fantastic period property has tons to offer. The property will require general upgrades throughout but once completed will provide either a thriving HMO (House of Multiple Occupancy) or a stunning home.

To the front of the property is a large block paved garden, this area is walled all around and faces onto the tree lined street of Spencer Place.

The main house currently has five bedrooms, four of which are large double rooms. The ground floor offers extremely spacious living room which benefits from large bay windows looking out to the front of the property and providing tons of natural light. The dining room is of a similar size and could be used as an additional bedroom to create further income.

The basement apartment offers a further two double bedrooms, lounge kitchen and bathroom.

Further investment is required to this property to ensure a quality living standard, but once complete, an investor could expect a yield in the region of 10% or higher.

Investment opportunities with this potential are rare so it is anticipated this property will be in high demand. Please ensure interest is registered early.

Follow the link for more information:
        
zoopla.co.uk

  
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