Located in the heart of the Ash Road area of Headingley with delightful views of the allotments behind is this substantial semi-detached property.
Built in 1919, the property has been a successful investment for the current owner for over 30 years. Currently five bedsits with three kitchens and two bathrooms. The property when fully let generates an income of £34,080p.a. including bills. Let on a room by room basis there are currently two vacant rooms in readiness for selling. Ideal as a continued investment or to be returned to a residential home. The property has been priced to allow for updating.
The accommodation comprises: An entrance hallway, kitchen and two spacious reception rooms (currently used as bedrooms). The front bedroom has an original fireplace with hand painted tiled surround. The rear room also has a fireplace and picture rail. To the first floor are: Two generous double bedrooms with original fireplaces and fitted wardrobes. In addition to a fitted kitchen and bathroom. On the second floor is essentially a self-contained one bedroom apartment having large lounge / dining room with gorgeous views, a kitchen, double bedroom and ensuite shower room. There is also a useful storage basement. The property has PVCu double glazing and gas central heating. Benefitting from an open aspect, the good sized rear garden is paved and gravelled for low maintenance.
Ash Road is a mixed area with a real sense of community. Conveniently situated for access to local shops, Headingley train station and Headingley Stadium and Cricket ground. There are good bus and road links to Leeds city centre and the surrounding areas.
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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