House For Sale £225,000
Haddon Place, Leeds

This 5 bedroom, terraced home in popular Burley is the ideal investment opportunity. Currently let to 3 tenants achieving an annual rent of £16,470 per annum, the property achieves a 7.3% yield. There is potential to increase the rent by letting the other two bedrooms (subject to gaining a HMO license if you wished to let to 5)

The accommodation briefly comprises; entrance into the open plan kitchen / living room. The basement level has been converted into a further two double bedrooms. To the first floor there is a good sized double bedroom, and two bathrooms. Both bathrooms have 3-piece suites with over-bath showers, sink and w/c. To the second floor are two more bedrooms. The property is being sold fully furnished.

To the front of the property is a good sized yard, which has a space for parking and a paved garden area.

Burley is an excellent location for rental investments, with easy access into Leeds City Centre via bus and train. There are a wide range of amenities nearby, such as Cardigan Fields, a range of supermarkets and local bars/restaurants.

Article 4 Direction please note: Our client has advised he holds evidence of tenancies from 2016 and has submitted a freedom of information act request to cover 2012 -2016. The property does not currently have a valid HMO license. If the new buyer wishes to let the property to 5 they would need to apply for the HMO license.