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8 bedroom end of terrace house for sale

Brudenell Avenue, Leeds

Sold STC £495,000

Property Description

Key features

  • Superb Large 8 Bedroom Terrace
  • HYDE PARK LETTING HOT SPOT
  • Impressive Internal Property Features
  • Fully Let at 38,585 PA until 30th June 2018
  • NOW RE-LET UNTIL June 2019 at 39212!!!
  • MUST VIEW - Quality Student Investment !!
  • EPC RATING - D

Full description

DUE TO HIGH LEVELS OF INTEREST, BEST & FINAL OFFERS ARE REQUIRED IN WRITING BY 12 NOON ON WEDNESDAY 20th DECEMBER 2017.

NOT TO BE MISSED! LET UNTIL SUMMER 2019!
A FANTASTIC DOUBLE FRONTED END TERRACE COMPRISING AN 8 BEDROOM HMO STUDENT INVESTMENT, PROVIDING LARGE AND VERY IMPRESSIVE ACCOMMODATION, HAVING A GOOD SIZED ENTRANCE HALL OPEN-PLAN TO A CHARACTERFUL OPEN STAIRCASE OVER FOUR FLOORS. Situated close to open spaces of Hyde park and the main university campus just a short walk away. Currently let at a gross rental income of £38,585 p/a until 30th June 2018 AND RE-LET UNTIL JUNE 2019 AT A GROSS RENTAL INCOME OF £39,212 PA (awaiting copies of new tenancy agreements)

Situated in one of the prime letting locations, the property is likely to attract high levels of interest and must be an excellent choice for any discerning investor. We also believe there is also excellent potential for future rental uplift. The highly attractive, well planned layout has gas central heating and UPVC double glazing and in brief comprises; 8 large double bedrooms, a good sized sitting room, 3 bathroom/shower w/c facilities, lower ground floor fully fitted modern kitchen and large utility & dining area off. To the outside there is a low maintenance yard to the front.

A VERY WELL MANAGED STUDENT HOME. WE URGE EARLY INSPECTION TO APPRECIATE THE PROPERTY FEATURES, GENEROUS PROPORTIONS & EXCELLENT POTENTIAL TO GENERATE A FANTASTIC RENTAL INCOME.

The HMO licence permitted level of occupancy is a maximum number of 8 persons and date of expiry is 31st October 2022.


LOCATION 
Travelling from Hyde Park Corner on Hyde Park Road, turn right onto Brudenell Road, left onto Royal Park Grove, Brudenell Avenue is on the right.

TENURE 
Freehold

POSSESSION 
Subject to the existing tenancy agreement with vacant possession Summer 2019.

This property is in an Article 4 Direction area. Useful Article 4 & HMO information links: 
https://www.gov.uk/house-in-multiple-occupation-licence http://www.leeds.gov.uk/Business/Pages/Find-out-about-Houses-in-Multiple-Occupation-Licensing.aspx http://www.leeds.gov.uk/docs/FPI_HMO_011%20FAQ%20update%20april%202012.pdf

Please note:  
Buyers will be expected to pay the letting agents 'Let only' fee of 6% inc vat of the annual income for the new tenancy beginning July 2018 to June 2019.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
28 November 2017

Map & Street View

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