House For Sale £700,000
FANTASTIC INVESTMENT OPPORTUNITY! - A SUBSTANTIAL SEMI-DETACHED PROPERTY SPLIT INTO THREE SELF CONTAINED FLATS WITH A LARGE CAR PARK TO THE REAR, SITUATED IN ONE OF NORTH LEEDS MANY CONSERVATION AREAS, IN A HIGHLY CONVENIENT LOCATION IN FAR HEADINGLEY, A SHORT WALK TO THE LOVELY OPEN SPACES OF BECKETT'S PARK, HEADINGLEY'S EXTENSIVE AMENITIES AND WITH EASY ACCESS INTO LEEDS CITY CENTRE AND THE VARIOUS UNIVERSITY CAMPUS'.
All three flats are all let until 30th June 2024 with a total attractive gross rent of £54,608 p/a excluding bills. (152b £31,200 p/a, 152a ground floor £13,008 p/a, 152a lower ground floor £10,400 p/a)
The seller also obtained planning permission which has now lapsed for an extension to the rear and conversion of the property into four flats (three x two bedroomed flats and a one bedroomed flat). Planning reference 17/06606/FU. There was also a further lapsed planning permission for a detached outbuilding to the rear and car park re-arrangement, planning reference 19/02149/FU. Full details on both permissions available on Leeds City Council planning website.
The property has pedestrian access at the front and vehicular access to the rear via a private unmade road off Glen Road which leads to a generous parking area for numerous vehicles. To the front there is a lawned front garden with mature trees to the boundary providing a degree of seclusion from Otley Road and a path down the side of the property leading to the rear car park.
Viewing recommended to appreciate this well maintained substantial investment with further development potential, subject to the reinstatement of the previous planning permissions or perhaps a new scheme.
Council Tax Band: B
Tenure: Freehold
CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
The front entrance provides access to a five bedroom spacious first and second floor duplex flat with each bedroom having its own en-suite shower room w/c. The side entrance provides access to 2 x two bedroomed flats, one on the lower ground floor, one on the ground floor.All three flats are all let until 30th June 2024 with a total attractive gross rent of £54,608 p/a excluding bills. (152b £31,200 p/a, 152a ground floor £13,008 p/a, 152a lower ground floor £10,400 p/a)
The seller also obtained planning permission which has now lapsed for an extension to the rear and conversion of the property into four flats (three x two bedroomed flats and a one bedroomed flat). Planning reference 17/06606/FU. There was also a further lapsed planning permission for a detached outbuilding to the rear and car park re-arrangement, planning reference 19/02149/FU. Full details on both permissions available on Leeds City Council planning website.
The property has pedestrian access at the front and vehicular access to the rear via a private unmade road off Glen Road which leads to a generous parking area for numerous vehicles. To the front there is a lawned front garden with mature trees to the boundary providing a degree of seclusion from Otley Road and a path down the side of the property leading to the rear car park.
Viewing recommended to appreciate this well maintained substantial investment with further development potential, subject to the reinstatement of the previous planning permissions or perhaps a new scheme.
Council Tax Band: B
Tenure: Freehold
