5 bedroom house for sale
Key information
Property description & features
- Tenure: Freehold
part a commercial unit, previously used as an estate agency but with potential for a broad range of alternative retail/office uses. The residential element comprises a 5-bed shared let,
currently let to university students at £28,678.57 pa.
LOCATION
The property is located on Royal Park Road, just off Hyde Park Road which provides easy access to Woodhouse Lane taking you to Leeds City Centre and Otley Road which takes you to Headingley and other suburban areas of Leeds.
DESCRIPTION
The property comprises an end terrace, brick-built property comprising 4 floors set within the densely populated and highly sought after Hyde Park area. The ground floor provides in part a commercial unit, previously used as an estate agency but with potential for a broad range of alternative retail/office uses. The residential element comprises a 5-bed shared let, currently let to university students at £28,678.57 pa.
ACCOMMODATION
The commercial space comprises a sales area with a spiral staircase leading to the lower ground floor
office/meeting room with kitchenette and WC facilities. It provides an approximate net internal area of 323 sq ft (30sq m) over those two floors. The residential element of the property comprises at ground floor, an entrance lobby and kitchen/lounge area with stairs leading up to first floor where there are 2 double bedrooms and a bathroom. 2 further bedrooms are located on the 2nd floor, and at the lower ground level there is a further double bedroom and shower room with WC facilities.
TENANCIES
The 5-bed shared let, residential element of the property has been let at a rent of £28,678.57pa on a 12 month Assured Shorthold Tenancy, expiring 30th June 2024.
TERMS
The property is offered on a freehold basis partly let at a guide price of £450,000. It is understood that VAT is not applicable on this property.
BUSINESS RATES/COUNCIL TAX
According to the Valuation Office Agency website, the Commercial element has a current 2023 rateable value of £3,000 which falls in the small business rates relief category. The residential flat falls under Council Tax Band C. It is understood that Student Lets are exempt from Council Tax. Interested parties are advised to direct further enquiries to the local authority.
VIEWING/FURTHER INORMATION
For further information or to arrange a viewing, please contact Alfie Stevens-Neale or Simon Dalingwater.
ENERGY PERFORMANCE CERTIFICATE (EPC)
The property currently benefits from an EPC rating of D 80 for the Commercial and D - 59 for the Residential.
Kitchen
Kitchen
Reception 1
Reception 1
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Property reference 1668. 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 Adair Paxton - 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022
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 July 16, 2020 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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