£380,000

Burchett Place, Leeds, LS6

  6 bedrooms
  2 bathrooms
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Key features

  • Chain Free
  • Two Bathrooms
  • Six Bedrooms
  • 7.1% Yield
  • £26k PA Rental Income
  • Let Until June 2022
  • Close to City Centre & Universities
  • Prime Student Letting Location

Full property description

This well managed property is currently let until 30th June 2022 on individual contracts to six occupants at £26,832 p/a EXCLUDING bills.

Briefly comprising an entrance hall, a good-sized lounge, a modern fitted dining kitchen, six double bedrooms and two shower room and w/c’s. Externally there is a low maintenance yard to the rear.

Ideal for investors wishing to re-let the property under their own terms or parents buying for son or daughter at university.

The seller has a HMO Licence for six occupants.

This property is in an Article 4 area and is being let as a House in Multiple Occupation (HMO). HOP have managed the property since 2015 therefore any buyer should do their own checks for full C4 history.  Buyers are strongly advised to consult Leeds City Council for HMO advice & guidelines. 

Possession
The buyer must agree to retain HOP as the managing agent for at least the remainder of the tenancy.

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Property EPC 1
  • Rating : D
  • Energy Efficiency Current : 61.0
  • Energy Efficiency Potential : 83.0
  • Environment Impact Current : 52.00
  • Environment Impact Potential : 79.00