£275,000

Wetherby Grove, Leeds, LS4

  5 bedrooms
  2 bathrooms
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Key features

  • TWO BATHROOMS
  • SOLD FULLY FURNISHED
  • 9% YIELD
  • FIVE DOUBLE BEDROOMS
  • HMO LICENCE
  • ACHIEVING £2070 PCM/£24,840 PA
  • BURLEY PARK LOCATION
  • GARDEN & ON ROAD PARKING
  • CLOSE TO CITY CENTRE
  • EPC RATING D

Full property description

Offered to the market is this five double bedroom HMO property in the ever desirable Burley which remains popular with both professionals and student tenants. This through terrace has accommodation spanning over four floors, with five good sized bedrooms, shower room, house bathroom, fully fitted breakfast kitchen, and a well-proportioned living room. Externally there is on road parking and has the advantage of a low maintenance rear garden. The property is currently fully managed rented to four tenants and achieving £2070pcm – presenting a highly lucrative 9% gross rental yield with full occupancy. EPC Rating D

The property is believed to have tenancy records dating back to 2011, however the property has not been managed by HOP for the entire period of time so we would recommend any buyers make their own checks to the status of this. The property is being sold fully furnished and with all gas and electrical compliance certification in place. The property is currently fully occupied and let to five tenants and has a HMO licence in place until September 2022 for a 6 person occupancy. The property is currently managed by HOP for the next academic year and the purchaser must agree to retain HOP as management until the end of the tenancy.

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Property EPC 1