4 bedroom end of terrace house for saleAshville Terrace, Headingley, Leeds 6
Sold STC £195,000
- 4 Bed End Of Terrace - Let For £13,520 PA To End Of July 2017
- Easily Convert To 5 Bed Licensable HMO Producing £19,500 PA
- 5 En Suite Bedrooms Over £22,000 PA - 10% Yield After Costs
- Gas Central Heating & uPVC Double Glazing
- Lounge, Dining Room & Dining Kitchen
- 4 Bedrooms & 1 Bathroom
- Close Train Station, Co-op, Walking Distance Of Universities
- 1.7 Miles From Town - Attractive For Professional Tenants Or Students In Future Years
This Victorian END OF TERRACE PROPERTY is presently used as a 4 BED non-licensable HMO producing a gross annual rent of £13,520 per annum (around 7% yield) until the end of June 2017 but having a lounge and dining room on the ground floor, and a basement dining kitchen, the property would easily adapt to a 5 BED LICENSABLE HMO with the installation of an additional WC and some general upgrading, capable of producing £19,500 per annum (around a 9% yield), or to optimise the space there is potential for 5 EN SUITE BEDROOMS which would let for over £22,000 per annum (around 10% yield) - yields are based on our estimated cost of expenditure to upgrade. The location is within 2 minutes walk of the Co-op and the Burley Park train station, and within walking distance of Leeds University, Leeds Beckett at Beckett Park and all the shops, amenities and nightlife in Headingley and Hyde Park. The city centre is 1.7 miles (AA route planner). The property has GAS CENTRAL HEATING and uPVC DOUBLE GLAZING but would benefit from a general upgrade, hence the very conservative rent for 2016/17. VIEWING HIGHLY RECOMMENDED TO APPRECIATE 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)
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