10% yield in this prime location. Let at £137pppw (plus bills) to six tenants. Renovated to offer an attractive six bedroom, two bathroom end terrace investment opportunity.
The accommodation over four floors comprises: A spacious kitchen with ample fridge and cupboard space and a separate lounge on the ground floor. To the basement are two double bedrooms and a shower room. On the first floor are two double bedrooms and a shower room. There are a further two double bedrooms with fabulous views to the second floor. Each bedroom is complete with quality fitted furniture. Outside there is a fully paved outside space secluded by hedges.
This prime letting location is highly sought after by student and professional tenants alike. Convenient for Leeds city centre, the University and Hospitals. Local shops and the green spaces of Woodhouse Moor are a short walk away. There are plenty of larger shops in the city centre.
Article 4 Direction. The property is in an area of Article 4 Direction. Our client advises the property has been multi-let for many years. We hold historic tenancies upto to 2024 (when the property was vacant), to allow the buyer to apply for their own certificate of lawful use.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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