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SOLD STC

Ash Gardens, Leeds, West Yorkshire, LS6

PROPERTY TYPE

Semi-Detached

BEDROOMS

4

BATHROOMS

1

SIZE

856 sq ft

80 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • DEVELOPMENT OPPORTUNITY
  • CERTIFICATE OF LAWFUL USE - HMO
  • GREAT LOCATION

Description

INVESTMENT, DEVELOPMENT OPPORTUNITY, PLANNING PERMISSION GRANTED FOR CONVERSION TO 5 BEDROOMS WITH £31k+ P/A INCOME.
HAS CERTIFICATE OF LAWFUL USE FOR HMO.

CURRENTLY LET TO 3 AT £14,820 UNTIL 30TH JUNE 2022. WORK COULD BE STARTED ON 1ST JULY 2022, OR RE LET FOR ANOTHER YEAR.

An exciting opportunity to extend an existing HMO, complete with Certificate of Lawful Development in place, essential within the Leeds Article 4 Area.

Planning permission has been granted for loft conversion and single storey extension, to allow conversion to a spacious and well thought out 5 bedroom property. When refurbished this could generate in excess of £31,000 per annum.
There is potential to convert this to a 6 bed, subject to redesigning the layout/planning, increasing the rent further.

A prime student letting hot spot and a rare chance to purchase a development opportunity. These don't come up very often, and with the Article 4 Direction in place, properties that have been previously used under C3 usage class can't be converted.

The property benefits from a modern bathroom, with recently decorated and furnished rooms, so could be re let for another year should you wish to postpone any development for a year or so.

There is off street parking at the front of the property, with a driveway leading to a free standing lockup garage. The property has a rear garden, which could be made very pleasant and private with some minor work.


A VERY ATTRACTIVE INVESTMENT OPPORTUNITY, BENEFITING FROM AN OPPORTUNITY TO INCREASE RETURN & URGE EARLY VIEWING TO AVOID DISAPPOINTMENT!

The sale of the property is subject to the buyer retaining the current letting agent's management.
Tenure
Freehold
Possession
Subject to existing tenancy agreements. Vacant possession 30th June 2022
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage,Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden,Front garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Ash Gardens, Leeds, West Yorkshire, LS6

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Headingley Station0.5 miles
  • Burley Park Station0.6 miles
  • Kirkstall Forge Station1.6 miles
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About the agent

Silverspring Sales Ltd, Leeds

Unit 3 (Upper), Lencia Industrial Estate, E Parade, Ilkley LS29 8JP

Silverspring Sales Ltd, Leeds

Silverspring Sales & Lettings are based in North Leeds and provide a bespoke service to help you with your property needs. Whether you are looking to move home, invest in a Buy to Let or are simply looking for some advice, we are here to help. As an independent specialist we ensure that service level to our clients comes above all else, we are creative solution finders to fulfill your needs. Quality over quantity, we aren’t here to have the ‘most number of listings’, nor do we have corporate

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