Burley Lodge Road, Hyde Park, Leeds, LS6

***ATTENTION INVESTORS*** NO ONWARD CHAIN | FIVE-BEDROOM HMO | £27,300 GROSS ANNUAL RENTAL INCOME | HMO LICENCE UNTIL JANUARY 2030 | POPULAR HYDE PARK LOCATION

Presented to the market with the benefit of NO ONWARD CHAIN, this well-maintained five-bedroom HMO represents an excellent opportunity for both seasoned and first-time investors, situated within the highly popular and well-established letting area of Hyde Park, Leeds.

The property is currently let to five tenants, generating a gross annual rental income of £27,300. The property benefits from an HMO licence valid until January 2030, while the seller advises that it has been continually let since the 1990's and has deemed C4 consent.

Well presented throughout, the property offers spacious and versatile accommodation arranged over three floors, complemented by modern kitchen and shower room facilities, neutral décor and floor coverings, and fitted furniture to the majority of the bedrooms.

Ideally positioned close to an excellent range of local amenities, transport links, universities and leisure facilities, this is an attractive investment opportunity in an area with consistently strong rental demand.

INTERNAL INSPECTION IS ESSENTIAL TO FULLY APPRECIATE THE ACCOMMODATION AND INVESTMENT POTENTIAL ON OFFER.

Please note: The marketing photographs were taken prior to the property being let and may not reflect its current presentation.

ACCOMMODATION

GROUND FLOOR
Entrance Hall
A welcoming entrance hallway providing access to the ground-floor bedrooms, with stairs leading to both the upper and lower floors.
Bedroom One
A spacious double bedroom with two double-glazed windows overlooking the front elevation.
Bedroom Two
A further bedroom with double-glazed window overlooking the rear elevation.

LOWER GROUND FLOOR
Lounge
A comfortable communal lounge featuring a double-glazed window overlooking the front elevation.
Kitchen/Breakfast Room
A modern kitchen fitted with a range of wall and base units, breakfast bar, complementary work surfaces and tiled splashbacks. The kitchen includes an integrated electric oven and hob, together with freestanding fridge/freezer and washing machine. A double-glazed window and door provide access to the rear garden.

FIRST FLOOR
Landing
A spacious landing with staircase rising to the second floor.
Bedroom Three
A well-proportioned bedroom with double-glazed window overlooking the front elevation.
Shower Room One
Fitted with a step-in shower cubicle with electric shower, WC and wash hand basin set within a vanity unit. Further features include a heated towel rail, extractor fan, tiled walls and double-glazed rear window.
Shower Room Two
A second shower room comprising a step-in shower cubicle with electric shower, WC and wash hand basin, together with heated towel rail, extractor fan, tiled walls and double-glazed rear window.

SECOND FLOOR
Bedroom Four
A further double bedroom with Velux window overlooking the front.
Bedroom Five
Another well-proportioned bedroom with Velux window overlooking the rear.

OUTSIDE
The property benefits from a small enclosed courtyard to the front, bounded by a low brick wall. To the rear is an additional courtyard garden with pedestrian access gate.

LOCATION
Hyde Park is a vibrant and popular suburb of north Leeds, situated approximately two miles from Leeds city centre and renowned for its strong student and professional rental market.
The property is conveniently located close to Headingley Stadium, home to both cricket and rugby, while excellent transport connections make commuting around Leeds straightforward. Burley Park railway station is approximately a five-minute walk away, providing convenient rail connections.
The surrounding area also offers access to a number of attractive green spaces, including Meanwood Park, the Meanwood Valley Trail, Beckett Park and Woodhouse Ridge, providing plenty of opportunities for outdoor recreation.
With its established rental market, proximity to Leeds city centre, excellent transport links and strong demand for HMO accommodation, this property provides an appealing investment opportunity in one of Leeds' most popular letting locations.

MATERIAL INFORMATION:

TENURE
The property is Freehold.

SERVICES
The property has mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.

BROADBAND & MOBILE COVERAGE
BROADBAND is available in this area / MOBILE SIGNAL & COVERAGE is available in this area.
FLOOD RISK & PLANNING PERMISSION
FLOOD RISK – not known to be an issue / PLANNING PERMISSION – none in the immediate area.

COUNCIL TAX BAND A

AGENTS NOTE:
The property is currently let to 5 students until 30/06/2027 on a managed contract with Linley and Simpson students. The new buyer will need to retain Linley and Simpson as the managing agent until the tenancy expires to avoid any additional charges.