** Three Bedroom End Terrace Property ** Burley, LS4 - Popular Location ** £16,740 Annual Rental Income ** Currently Let Until 30th June 2026 ** Great Investment Opportunity or Family Home ** 3D Virtual Tour Available **

A well-presented three-bedroom end of terrace property located on the popular Lumley Street in Burley, Leeds, offering an excellent opportunity for investors, first-time buyers, and families alike.

Property Description

The accommodation is arranged over four floors and briefly comprises a spacious open plan living room kitchen area with ample storage and worktop space, three well-proportioned bedrooms, and a bathroom with contemporary fittings. The property is neutrally decorated throughout, providing a versatile layout suitable for both owner-occupation and rental use.

Lower Ground Floor

Kitchen / Living Room

4.3m x 4.4m (14?3? x 14?5?)

A spacious and versatile open-plan kitchen and living area, offering excellent space for both cooking and relaxation. The kitchen area is well laid out with fitted units, worktop space, and room for appliances, while the living area comfortably accommodates seating and dining furniture. Ideal for modern living and socialising.

Ground Floor

Bedroom One

3.4m x 4.4m (11?2? x 14?5?)

A generously sized double bedroom positioned on the ground floor, benefiting from good natural light and ample space for bedroom furniture. Well suited for use as a main bedroom or rental room.

Entrance Hall

Providing access to Bedroom One and the staircase leading to the upper floors, offering a practical and well-defined entry point to the property.

First Floor

Bedroom Two

3.4m x 4.4m (11?2? x 14?5?)

Another well-proportioned double bedroom, similar in size to Bedroom One. This room offers flexibility for use as a bedroom, home office, or guest room, and benefits from a quiet position within the property.

Bathroom

1.9m x 2.1m (6?3? x 6?10?)

A modern bathroom fitted with a bath, WC, and wash hand basin. The space is efficiently laid out and finished with practical, contemporary fittings.

Landing

Connecting the staircase to Bedroom Two and the bathroom.

Second Floor

Bedroom Three

3.4m x 4.4m (11?2? x 14?5?)

A spacious double bedroom occupying the top floor, offering excellent privacy. Well sized with room for a full range of bedroom furniture, making it ideal as a principal bedroom or premium rental room.

Investment Details

The property is currently let to three tenants, each paying £465 per calendar month, generating a total rental income of £1,395pcm (£16,740 per annum). The tenancy is in place until 30th June 2026, offering immediate and reliable income.

At the asking price of £220,000, the property delivers an attractive gross rental yield of approximately 7.61%. All utility bills are paid separately by the tenants, helping to maximise net returns for investors.

Future Occupation Potential

For families and first-time buyers, the existing tenancy is due to end on 30th June 2026 allowing for future occupation, allowing buyers to secure a home in a desirable area while planning ahead. Once vacant, the property would make an excellent long-term family home.

Location

Situated in the sought-after area of Burley, Leeds, the property benefits from excellent access to Leeds city centre, Kirkstall Road, Headingley, local shops, cafés, supermarkets, and public transport links. The area continues to show strong rental demand and long-term growth potential.

Viewing is highly recommended to appreciate the flexibility and potential this property offers.

EPC-D Council Tax Band-A