Harold Road, Hyde Park
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- 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
- FOUR BEDROOM INVESTMENT PROPERTY
- 8% YIELD
- £1450 PCM | £17,400 ANNUAL RENT
- OVER 10 YEARS' RENTAL HISTORY
- POPULAR HYDE PARK / BURLEY LOCATION
- SCOPE TO RENOVATE AND IMPROVE TO INCREASE ERV & VALUE
Description
The property was previously let at £1,450 PCM, equivalent to £17,400 per annum, representing an attractive gross historic rental yield of approximately 8%. With a rental history spanning more than ten years, the property provides investors with the opportunity to acquire a proven rental asset within one of Leeds' most established letting locations.
Arranged over four levels, the property provides approximately 909 sq ft of accommodation and comprises a generous kitchen/reception room, four well-proportioned bedrooms and bathroom facilities. The accommodation extends from basement level through to the second floor, creating a practical layout particularly well suited to the rental market.
Internally, the property is neutrally presented throughout, with bright and well-proportioned bedrooms, several of which incorporate dedicated desk or study areas. The combination of four bedrooms, communal living accommodation and an established rental history makes this an attractive proposition for landlords looking to add to an existing portfolio.
Harold Road is situated between Hyde Park and Burley, an established and consistently popular rental location within Leeds. The area is particularly well placed for access to the city's universities, Leeds city centre and the extensive amenities of Hyde Park, Burley and nearby Headingley. Strong transport connections and proximity to major education and employment centres make the surrounding area particularly popular with students and young professionals.
With historic rental income of £17,400 per annum, an approximate 8% gross historic yield and more than a decade of rental history, the property represents an appealing opportunity.
Brochures
Harold Road, Hyde ParkBrochure- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Harold Road, Hyde Park
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About Vision Properties, Leeds
Vision Properties, Office One, One Brewery Wharf, Waterloo Street, Brewery Wharf, Leeds, LS10 1GX
Notes
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