House For Sale £425,000
Located in Woodhouse, HOP are thrilled to bring to the market this six-bedroom HMO that has been newly refurbished to a very high standard and is a must-see property for investors seeking a high-end investment in one of the most popular student and young professional areas in the city.
The house has been upgraded throughout with a new insulated roof, repointing externally, and brand-new carpeting and furnishings. There is a large living room that provides a spacious social space, as well as six double bedrooms all with new carpeting and furniture. As well as the main house bathroom, four bedroom's have an en-suite bathroom. There is a modern kitchen with a new integrated washing machine, tumble dryer, and boiler that is only 18 months old.
The property also has an enclosed back yard which makes it ideal for young professionals and students who need a place to relax in the summer.
This property is currently rented to professional tenants at the rate of £3850 per month inclusive of bills - £46,200 gross per year. The net gross for this property is £36,000 after expenses (11% gross and 8.3% net). A room-by-room agreement is in effect until 30th June 2023 and is currently being advertised for July 2023/24.
There is a lawful use of C4 in place, and an application for HMO licence has been submitted.
HOP is a multi award winning Estate Agency. Creating happy homes is very much at the heart of our business. Whether it’s a home to buy, sell or rent, homes are very much where our heart is.
EPC Rating: D
Location
Located only five minutes' walk from Leeds Beckett University and the University of Leeds, Woodhouse is a popular and affordable student spot. In addition to its green spaces and pubs and cafes, Hyde Park is nearby. With its close proximity to the City Centre, residents have easy access to the best of the city, from the renowned shopping to the buzzing nightlife.
Parking - On Road
The house has been upgraded throughout with a new insulated roof, repointing externally, and brand-new carpeting and furnishings. There is a large living room that provides a spacious social space, as well as six double bedrooms all with new carpeting and furniture. As well as the main house bathroom, four bedroom's have an en-suite bathroom. There is a modern kitchen with a new integrated washing machine, tumble dryer, and boiler that is only 18 months old.
The property also has an enclosed back yard which makes it ideal for young professionals and students who need a place to relax in the summer.
This property is currently rented to professional tenants at the rate of £3850 per month inclusive of bills - £46,200 gross per year. The net gross for this property is £36,000 after expenses (11% gross and 8.3% net). A room-by-room agreement is in effect until 30th June 2023 and is currently being advertised for July 2023/24.
There is a lawful use of C4 in place, and an application for HMO licence has been submitted.
HOP is a multi award winning Estate Agency. Creating happy homes is very much at the heart of our business. Whether it’s a home to buy, sell or rent, homes are very much where our heart is.
EPC Rating: D
Location
Located only five minutes' walk from Leeds Beckett University and the University of Leeds, Woodhouse is a popular and affordable student spot. In addition to its green spaces and pubs and cafes, Hyde Park is nearby. With its close proximity to the City Centre, residents have easy access to the best of the city, from the renowned shopping to the buzzing nightlife.
Parking - On Road
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