11 bedroom block of apartments for sale

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A substantial investment property, with accommodation currently arranged as three self contained shared apartments in the main building, plus a further one bedroom flat to the rear. Currently achieving a gross rental income in the region of £70,000 per annum. Excellent potential for basement conversion (subject to the necessary consents). Perfect location within a two minute walk of the main University buildings, just off Clarendon Road. 

FLOORSPACE: 3032 SQ FT

Introduction

A substantial and successful investment property, generating a gross annual income of £70,000. Comprising three self contained shared apartments in the main building (comprising ten bedrooms in total), and a self contained one bedroom flat with its own entrance to the rear. There’s the potential for a future owner to convert the basement, too – subject to obtaining the necessary consents. Woodsley Road is perfectly located for access to Leeds University, with the Medical School and Dental Institute both nearby as well as the main University Campus. Leeds General Infirmary is also less than a mile.

Woodhouse is an established district of Leeds that borders the city centre, and houses Leeds University. With established and expansive parkland, excellent access to Leeds centre and a wide and varied selection of local cafes, restaurants and independent shops.

Accommodation

Electric heating, PVCu double glazing.

To the ground floor: Shared entrance lobby

Front entrance door. Ceiling light. Two further doors: one to the upper floor flats, the other to:

Flat 1

Entrance hall

Private entrance door, four ceiling lights. Store/cylinder cupboard.

Large living and dining kitchen 21 ft x 12 ft 6 maximum

Two windows to the rear, and one Velux rooflight. To the kitchen area, fitted with a range of base and wall cupboards, laminate work surfaces and splashback. Integrated electric hob with extractor over and oven beneath. Plumbing for a washing machine, space for a fridge freezer, sink unit with a mixer tap. Recessed ceiling lights, and pendant lights. Generous sitting and dining areas.

Bedroom 1 18 ft 10 x 8 ft 5

Bay window to the front, ceiling light.

Bedroom 2 18 ft 9 x 8 ft 7

Bay window to the front, ceiling light.

Bedroom 3 14 ft 2 x 9 ft 5

Window to the rear, ceiling light.

Bathroom

Panelled bath with thermostatic shower. Low suite wc, pedestal wash basin and part tiled walls. Heated towel radiator, recessed ceiling spotlights and extractor.

To the first floor: Landing

Staircase to the second floor, ceiling light.

Flat 2

Entrance hall

Private entrance door, three ceiling lights and store/cylinder cupboard.

Living and dining kitchen 14 ft 2 x 13 ft 6

Wide window to the rear. Fitted with a range of base and wall cupboards, with laminate work surfaces. Integrated electric hob with oven beneath, space for a fridge freezer and plumbing for a washing machine. Stainless steel sink unit with a mixer tap. Ceiling light.

Bedroom 1 11 ft 6 x 10 ft 6

Window to the rear, ceiling light.

Bedroom 2 14 ft x 7 ft 4

Window to the front, ceiling light.

Bedroom 3 12 ft 5 x 8 ft 4

Window to the front, ceiling light.

Bedroom 4 12 ft 3 x 8 ft 7

Window to the front, ceiling light.

Bathroom

Panelled bath with a thermostatic shower over. Low suite wc and pedestal wash basin. Recessed ceiling spotlights and extractor.

To the second floor: Landing

Ceiling light.

Flat 3

Entrance hall

Recessed ceiling spotlights.

Kitchen 10 ft 9 x 4 ft 9

Window to the front. Fitted with a range of base and wall cupboards, with laminate work surfaces. Plumbing for a washing machine, space for a fridge freezer, integrated electric hob with extractor over and oven beneath. Stainless steel sink unit with a mixer tap.

Sitting room and dining area 15 ft 8 x 11 ft

Window to the front. Ceiling light.

Bedroom 1 13 ft 10 x 8 ft 5

Window to the front, ceiling light.

Bedroom 2 17 ft 5 x 9 ft

Window to the rear, ceiling light.

Bedroom 3 11 ft 3 x 10 ft 9

Window to the rear, ceiling light.

Bathroom

Obscured window to the rear. Panelled bath with thermostatic shower over. Low suite wc and pedestal wash basin. Recessed ceiling spotlights and extractor, heated towel radiator.

With independent access, to the rear of the property:

Flat 4

Living and dining kitchen 14 ft 5 x 8 ft

Two windows to the rear, and private entrance door. Kitchen area with base and wall cupboards and laminate work surfaces. Integrated electric hob with extractor oven and oven beneath. Plumbing for a washing machine, space for a fridge freezer and sink unit with a mixer tap. Ceiling lighting.

Inner hall

Ceiling light and cylinder cupboard.

Double bedroom 13 ft 10 x 8 ft 4

Two windows to the rear, ceiling light.

Bathroom

Obscured window to the rear. Panelled bath with thermostatic shower over. Low suite wc and pedestal wash basin. Panelled walls and ceiling. Recessed ceiling spotlights and extractor.

Outside

Woodsley Road is approached from the front by a pleasant front garden, with brick boundary wall. A path leads to the front entrance. To the rear is a Tarmac yard, providing valuable off street parking.

Agent’s notes: The property is freehold. All mains services, except for gas, are provided. Viewing strictly by appointment only. Council tax band:Flats 1,2 and 3 are band B, flat 4 is band A.

Conveyancing: We have conducted a survey of over forty conveyancers in the Leeds area. We used these results to appoint local solicitors to our panel. All were placed in the best eight for lowest fees. As well as offering good value for money, they are very reliable, quick and effective. Please call us for details.

Residential & buy-to-let mortgages: We can help you whatever your requirements and circumstances, whether you are a first time buyer, or wishing to remortgage to a preferential rate. We have appointed an excellent local independent mortgage consultant, authorised and regulated by the Financial Services Authority. They can provide preferential financial products, from major names, which are not available through other channels.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by Morfitt Shaw Estate Agents Leeds has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.

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