Get brand editions for Moores Estate Agents, Headingley

4 bedroom terraced house for sale

Norwood Place, Hyde Park, Leeds 6

Sold STC £215,000

Property Description

Key features

  • Fully Let 4 Bedroom Investment Property
  • Let Until June 2017 At 18,771 Gross Of Utility Costs - c. 16,000 Net
  • Sold As Going Concern With All Landlord's Fixtures, Fittings & Contents
  • Gas Central Heating & uPVC Double Glazing
  • Generous Lounge & Dining Kitchen
  • 2 Modern Bathrooms
  • Potential For Basement Conversion & 20,000 PA Net Of Utility Cost Income
  • Highly Recommended Due To Potential & Prime Student Location

Full description

Tenure: Freehold

A FOUR BEDROOM THROUGH TERRACE INVESTMENT PROPERTY in prime HYDE PARK fully let until June 2017 and sold as a GOING CONCERN with all landlord's fixtures, fittings and contents. The gross rental income is 18,771 per annum inclusive of utility costs (subject to a maximum usage clause in the tenancy agreement). The rent net of utility costs will be in the region of 16,000 per annum representing a realistic yield of 7.4%. The basement has POTENTIAL FOR CONVERSION into a kitchen allowing the existing lounge to be let as a bedroom, subject to an HMO Licence for five tenants and compliance with any Licensing requirements or Health & Safety upgrades to suit five tenants. The rent net of utility costs should be enhanced to around 20,000 per annum. This is a highly convenient location for students offering easy access to the extensive amenities, bars and restaurants in Headingley and Hyde Park, close to the New Burley train station and Co-Op supermarket, and within easy reach of the universities and city centre. HIGHLY RECOMMENDED FOR DEVELOPMENT POTENTIAL.

*For the full brochure and further details of this property, along with "What's Special About This Area" and "Area History" please go to our website at www.moorehomesinleeds.co.uk*

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
30 August 2016

Nearest stations

  • Burley Park (0.2 mi)
  • Headingley (0.9 mi)
  • Leeds (1.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Moores Estate Agents, Headingley

14 St. Annes Road, Leeds, LS6 3NX

0113 451 3236 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

View in fullscreen
Floor Plan
Floor Plan

To view this property or request more details, contact:

Moores Estate Agents, Headingley

14 St. Annes Road, Leeds, LS6 3NX

0113 451 3236 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Burley Park (0.2 mi)
  • Headingley (0.9 mi)
  • Leeds (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Moores Estate Agents, Headingley

14 St. Annes Road, Leeds, LS6 3NX

0113 451 3236 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MOO10942. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Moores Estate Agents, Headingley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

Map data OpenStreetMap contributors.