House For Sale £499,950
Welton Mount, Leeds

A DECEPTIVELY SPACIOUS AND WELL PLANNED SEVEN BEDROOMED HMO LET UNTIL 30th JUNE 2025 SITUATED IN THIS PRIME LOCATION IN HYDE PARK, A SHORT WALK TO LOCAL SHOPS, THE NEWLY REFURBISHED HYDE PARK PICTUREHOUSE, THE LOVELY OPEN SPACES OF HYDE PARK AND WITHIN EASY REACH OF THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.

The property is currently let until 30th June 2024 and re-let until 30th June 2025 at an attractive rent of £51,688 p/a including bills (£42,588 p/a net of bills), producing a yield of circa 8.5%.

The well presented accommodation comprises an entrance hall leading an impressive open plan lounge and modern dining kitchen, two lower ground floor bedrooms, three first floor bedrooms and two shower room w/c's and two further bedrooms on the top floor. The property is street lined to the front with a yard to the rear. There is ample on street parking.

The seller has a HMO Licence until 13th June 2027 and the property also has a lawful use certificate for Sui Generis HMO use. The sale is subject to the successful buyer retaining the current lettings management agent, Springwell Properties until at least the remainder of the existing tenancy agreements.

AML: Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.

Tenure
Freehold

Possession
Subject to existing tenancy agreement

AML
Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.

Council Tax Band: C
Tenure: Freehold