3 bedroom terraced house for saleRoyal Park Road, Hyde Park, Leeds 6
- Three Bedroom Inner Through Terrace House
- Let From 01/09/16 to 30/08/17 at £10,920 Per Annum
- Gas Central Heating & uPVC Double Glazing
- Lounge & Spacious Dining Kitchen
- Three Double Bedrooms & Bathroom/WC With Shower
- Potential For Extending - Optimum Rent Over £17,000 Per Annum
- Prime Student Letting Area - Close To Station & Walking Distance Of Both Universities
- Sold As A Going Concern With All Landlords Fixtures, Fittings & Furnishings
A THREE BEDROOM INNER TERRACE HOUSE let from 1st September 2016 to 30th August 2017 for £10,920 per annum (£70 per person per week) but with potential for uplift in the rent subject to further upgrading and modernisation. GAS CENTRAL HEATING and uPVC DOUBLE GLAZING are already installed (the boiler was installed in 2015 with a 2 year manufacturers guarantee) and the oven is new, but the second floor eaves could be opened up to improve the floor area, a Jack and Jill bathroom could be installed on the first floor, doors, woodwork and kitchen fittings could be upgraded along with the overall decor to take the rent to £75 - £80 pppw. The biggest enhancement would be a kitchen extension to the rear and the present kitchen converted into a lounge, leaving the present sitting room to become a bedroom (with a hall partition erected). This would convert the property into four bedrooms and generate a rent in the order of £17,000 per annum. We estimate the potential yield for this property could be around 9% after all upgrading costs are considered. Sold as a 'Going Concern' this property has tremendous potential for anyone's portfolio.
*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*
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