Nowell Mount, Leeds

- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- SIZE
1,346 sq ft
125 sq m
- TENUREDescribes 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
- Five double bedrooms, each with private en suite
- Accommodation over four floors (approx. 125m²)
- Currently generating £15,308 pa with 11.33% yield
- Potential to increase income at full occupancy (pending HMO renewal)
- Popular rental location
- Front and rear patio areas providing outdoor space
- On-street parking available
- EPC Rating: C
- Council Tax Band: A
Description
INVESTMENT PROPERTY SOLD WITH TENANTS IN SITU
A five-bedroom, five-ensuite mid-terrace house set over four floors, located in a popular rental area.
Currently occupied by three tenants, the property generates an annual rental income of £15,308, delivering a current yield of 11.33%, with strong potential to increase returns upon full occupancy (subject to the new buyer applying for a new HMO Licence).
Key Features:
- Five double bedrooms, each with a private ensuite bathroom
- Set over four floors
- Front and rear patio areas
- On-street parking available
- Popular rental location
- Strong investment potential with excellent yield prospects
This property represents a fantastic opportunity for investors seeking a high-yielding rental in a desirable area. With scope to enhance income once fully occupied, it offers both immediate returns and long-term potential.
Currently there is no HMO Licence on the property as it is not fully occupied. Any buyer is advised to seek their own advice with Leeds City Council for the requirements and costs of the licence.
Two of the current occupants are on monthly rolling contracts. One tenant is on a fixed term until December 2025 then will continue on periodic.
Please note the property is not available to purchase with vacant possession. Buy to Let investment buyers only.
- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Nowell Mount, Leeds
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Visit our security centre to find out moreDisclaimer - Property reference 100678005048. 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 Martin & Co, Leeds City. 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.
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