This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Excellent Investment Opportunity
- 4x One Bedroom Flats
- Fully Occupied until July/August 24
- Well Maintained
- Self Contained on Individual Utilities
- Laundry Room Giving Additional Income
- Ready Made Investment
- Yield of 8%
HOP are pleased to present FOUR ONE BEDROOM SELF CONTAINED FLATS within this large converted Freehold house offering a fantastic investment opportunity. Located in Woodhouse, a Leeds rental hot spot. Achieving a Gross Yield of over 8%!!
Fully Let to 4 professional tenants until July 2024 with an income of £3015PCM ( including the shared laundry room which brings in £45pcm), achieving an attractive yield of 8.2%.
Flat 1: 612 sq ft
On the lower ground floor the 1 bedroom spacious flat is rented until August 2024 at £750 pcm. The spacious flat benefits from its own private entrance, large living dining space, separate kitchen with storage and space for a washing machine, a double bedroom and bathroom. The flat can also be accessed via the communal entrance on the ground floor.
Flat 2: 359 sq ft
The first floor hosts a second one bedroom flat making the most of the large bay window. With an open plan kitchen living area, very large and spacious double bedroom with built in storage and a shower room with separate WC. This flat has been rented to the same tenant for several years and is on a fixed contract until July 2024, receiving £650 pcm.
Flat 3: 355 sq ft
The second floor offers a well presented one bedroom flat with open plan kitchen living, double bedroom with storage and a shower room. Rented until July 2024 at £800 pcm. The second floor also hosts the shared Laundry room which can be used by flats 2, 3 and 4. Flats utilising this space pay an extra £15 pcm increasing the yearly income by £540.
Flat 4: 681 sq ft
The third floor provides another one bedroom flat which is well presented throughout. Offering a light and spacious living dining area, separate kitchen, double bedroom with Velux window, additional storage room and a fully tiled shower room. This flat is rented until July 2024 at £750 pcm.
The property has been with the current owner for 20 years. It has been well maintained throughout and rented consistently. Woodhouse is a location in high demand, due to its proximity to the city centre, Universities, excellent transport links, affordable rents and local amenities.
To discuss this excellent investment opportunity in more detail, please speak to our team.
This is an opportunity not to be missed!
EPC Rating: C
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Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area: obtained on May 18, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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