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Castlehill Estate Agents - Leeds

A deposit  of a month&#39;s rent will usually be required which will be registered with an approved scheme within 30 days of initial payment. A holding deposit of £100 is required when making an application. If the application is approved the holding deposit will go towards the first month&#39;s rent payment.

A FANTASTIC AND SUBSTANTIAL FREEHOLD INVESTMENT OPPORTUNITY FULLY LET UNTIL SUMMER 2024 SITUATED IN THIS PRIME LOCATION, JUST A SHORT WALK TO THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE, IN ONE OF LEEDS MANY CONSERVATION AREAS OVERLOOKING ATTRACTIVE PARKLAND. CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS. The very well presented and managed accommodation comprises 2 x 6 bedroom duplex apartments, let until 30th June 2024, generating a total gross rental income of £91,041 p/a including bills (over £72,000 excluding bills) - an attractive net yield of over 8%! Flat A - 1st July 2023 to 30th June 2024 - £44,738 p/a inc bills Flat B - 1st July 2023 to 30th June 2024 - £46,303 p/a inc bills The accommodation comprises of a communal entrance hall; flat A is located on the ground and lower ground floors and has an impressive large open plan living modern kitchen, six double bedrooms and three shower rooms w/c's. Flat B is located on the first & second floors and has six bedrooms, four with their own en-suite shower room w/c and two with the use of their own shower room w/c and an impressive loft style lounge and separate breakfast kitchen. Externally there are low maintenance enclosed gardens to three sides and on street parking is available on a permit basis. The flats are all electric, no gas. The seller has HMO Licences for Flat A until 17th September 2025 and flat B until 13th January 2025, plus a lawful use certificate for use as two separate self-contained houses in multiple occupation in C4 use. The sale is subject to the successful buyer retaining the current lettings management agent until at least the remainder of the existing tenancy agreements. The seller also advises that as the property is owned under a Limited company, so buyers might want to consider buying the Limited company taking advantage of stamp duty saving. Internal viewing strongly recommended of this high quality and ready made investment property. Point to note - photographs taken pre tenancy. Tenure Freehold Possession Subject to currently tenancy Council Tax Band: B Tenure: Freehold

Property reference 11835188. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Castlehill Estate Agents - Leeds.

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 Clear: No bars, no signal predicted 
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 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
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Terraced house in Blenheim Square for sale

12 bedroom terraced house

Blenheim Primary School

Notre Dame Catholic Sixth Form College

Little London Community Primary School

Leeds

Burley Park

Headingley

A FANTASTIC AND SUBSTANTIAL FREEHOLD INVESTMENT OPPORTUNITY FULLY LET UNTIL SUMMER 2024 SITUATED IN THIS PRIME LOCATION, JUST A SHORT WALK TO THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE, IN ONE OF LEEDS MANY CONSERVATION AREAS OVERLOOKING ATTRACTIVE PARKLAND.

No longer on the market

12 bedroom terraced house

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