The properties are being marketed on behalf of LPA receivers and are available separately or as a portfolio. Whilst there is no advertised guide price for the available properties the properties should offer great value in excellent locations in Leeds, attracting high tenant demand and healthy rental returns.
Let-Leeds are currently managing the residential portfolio on behalf of GVA and will be carrying out viewings at these properties over the next 3-4 weeks prior to being sold via an informal tender process. Let-Leeds are keen to work closely with GVA and any potential purchaser and will be on hand to answer any questions or queries relating to the properties.
The residential investment portfolio forms the below;
26 Blenheim Terrace, Leeds
3 storey red brick building providing retail banking accommodation on the ground floor, basement storage and office accommodation on the first and second floors. Neighbouring properties include bank premises and café/restaurants. Blenheim terrace benefits from high levels of footfall generated by the Leeds University Main campus directly opposite. The upper floor flats are occupied on assured shorthold tenancy agreements and currently generate a collective rent of £1,718 pcm.
28 Blenheim Terrace, Leeds
The property comprises a Grade II listed three storey red brick terrace building with timber framed sliding sash windows, slate roof and attic conversion with ground floor office accommodation, lower ground floor café and premises and five apartments, currently commanding a collective monthly rent of £2,200.
29 Blenheim Terrace, Leeds
The property comprises a two storey mid terrace building of red brick construction, timber sash windows, a slate roof and an attic conversion, providing accommodation situated on Blenheim Terrace. The five apartments are fully let currently commanding a monthly rental income of £2,275.
30 Blenheim Terrace, Leeds
The accommodation is arranged over three floors plus an attic conversion to provide lower ground floor retail accommodation and five self-contained flats above. The lower ground floor is occupied at a rent of £24,000 per annum expiring in February 2020. The five self-contained apartments currently generate £2,800 pcm.
15 Hanover Square, Leeds
The property is a mid-terrace converted house with an attic conversion beneath a pitched slate roof to provide a total of three self-contained apartments. The property is ideally positioned in relation to the City Centre and the various surrounding schools/universities making it appealing to both students and professionals. The property is currently fully occupied on assured short hold tenancy agreements generating a rental income of £1,350 pcm.
17 Hanover Square, Leeds
The property is converted into four self-contained apartments. The property fronts onto a large and well maintained park. The property is appealing to both students and professionals. The property is fully occupied on assured short hold tenancy agreements providing a rental income of £1,775 pcm.
18 Hanover Square, Leeds
The property comprises a four storey dwelling house of red brick construction converted into four self contained apartments ideally positioned in relation to the City Centre, appealing to both students and professionals. The property is fully occupied on assured short hold tenancy agreements providing a rental income of £1,875 pcm.
3 Claremont Grove, Leeds
The property is a two storey mid terrace house accommodating two self-contained flats. Claremont Grove is ideally located for students and professionals requiring access to the nearby Universities and Hospitals. The property is currently fully occupied on assured short hold tenancy agreements providing a rental income of £1,056 pcm.
6 Claremont Grove, Leeds
The property consists of a two storey end terrace property accommodating four bedrooms, ideally located for students and professionals requiring access to the nearby Universities and Hospitals. The property Is currently occupied at a rent of £1178.49 pcm.
5 Claremont Avenue, Leeds
The two storey red brick terrace house with attic and basement conversions provide a total of five bedrooms. The property benefits from upvc framed double glazed windows a dorma window at second storey level and a pitched slate roof. The property offers excellent access to nearby schools and universities including the Leeds University main campus and the Leeds Dental Hospital. The property is currently occupied at a rent of £1,473.12 pcm.
2 Ash Cresent, Headingley, Leeds
The property comprises a detached Grade II listed two storey stone built cottage providing three bedrooms and benefitting from onsite parking to the rear and a garden area to the front of the property. The property has just undergone a major refurbishment and is available to let. Ash Crescent is located just off the Kirkstall Lane which connects with Otley Road. The surrounding area is residential in nature and a popular student location with Otley Road and Kirkstall Lane providing local amenities and a number of popular bars/nightclubs.
177 Hyde Park Road, Hyde Park, Leeds
A converted 3 storey property, accommodating 5 self-contained apartments ideal for students. Of the five apartments four are occupied on assured short hold tenancy agreements generating monthly rental income of £1,750.
23 Cardigan Road, Headingley, Leeds
The property comprises a three storey semi detached house converted into four self contained apartments under a pitched slate roof. The property benefits from a garden area to the front and a parking area to the rear. The property is located on Cardigan Road in Headingley a popular suburb of Leeds synonymous with students and young professionals. Of the four apartments three are occupied on assured shorthold tenancy agreements producing a rental income of £1,901.68 per calendar month.
44 Dennistead Crescent, Headingley, Leeds
The property comprises a two storey semi detached building with an attic conversion providing a total of four bedrooms and benefits from off street parking and both front and rear garden areas. The property is located in Headingley on Dennistead Crescent a small cul-de-sac just off the Otley Road. The property is currently fully occupied on assured short hold tenancy agreements at a rent of £1,213.16 per calendar month.
39 Clarendon Road, Leeds
The property is a large three storey semi-detached period building accommodating a total of five self-contained apartments. The property benefits from on-site parking for four cars. Clarendon Road is a predominantly residential area located approximately North West of Leeds City Centre. The Leeds University Main Campus and the Business school are both located within close proximity. All five apartments are let on assured short hold tenancy agreements producing a rental income of £3,051.50 per calendar month.