No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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5 bedroom terraced house

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Terraced house
5 bed
2 bath
EPC rating: D*
1,291 sq ft / 120 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Five Bedroomed HMO
  • Strong Student Letting Location
  • Rental Income £1625pcm until 30th June 2023
  • Modernisation Required
  • Excellent Opportunity for Higher Rents!
  • Good Sized Internal Rooms Plus Basement Space
  • EPC Rating - D
A STRONG LETTING LOCATION, WITHIN VERY CLOSE PROXIMITY TO THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE, THIS 5 BEDROOMED INVESTMENT PROPERTY OFFERS AN EXCELLENT OPPORTUNITY FOR RENTAL UPLIFTS!

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.


Currently fully let to five occupants on individual tenancy agreements until 30th June 2023. The property requires some general updating, allowing buyers the opportunity to further improve over the summer months and potentially re-let from September, at much more attractive rents. Potential for increased rents of circa £28K PA!   

The well planned accommodation, with the addition of 2x dormer windows to the top floor level, provides much larger than average bedrooms, ideal for extra bathroom facilities when improving the property, maximising rental returns overall, subject to relevant consents.   In brief; the property comprises;  an entrance hall, front bedroom with bay window,  spacious lounge with kitchen off.  Basement, offering further conversion potential, subject to the usual planning & HMO consents, two double bedrooms  and house bathroom on the first floor and two further bedrooms and separate w/c to the second floor.

Gas central heating, UPVC double glazing and fire & security alarms. The current owner has a HMO Licence for 5 persons until 27th June 2027.  

Externally, there are small low maintenance front & rear yards and the property is located on a small cul-se-sac, opposite Blenheim Square gardens, with on street permit parking.



Tenure
Freehold

Possession
Subject to tenancy agreement

Council Tax Band: B
Tenure: Freehold

Property information from this agent

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    *DISCLAIMER

    Property reference 11828373. 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.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 16, 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:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    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
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on December 3, 2022 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.