End terrace house for sale in Leeds LS9, 5 Bedroom

Leeds, Leeds, UK

Quick Summary

Property Type:
End terrace house
Status:
For sale
Price
£ 195,000
Beds:
5
Baths:
5
County
West Yorkshire
Town
Leeds
Outcode
LS9
Location
Temple View Terrace, Leeds LS9
Marketed By:
Vesta Property
Posted
2024-03-15
LS9 Rating:





More Info?
Please contact Vesta Property on 020 8115 4124 or Request Details

Property Description

--online agent - open as usual-- This is an investment opportunity to purchase a 5-bed hmo & shop in Leeds generating £29,880 rent pa & 15.3% gross yield.

This is a unique opportunity to purchase a 5-bed hmo as well as a commercial unit.

Property information

  • Spread over 3 floors
  • 5-bed hmo
  • Approx. 1,615 square foot
  • 4 bedrooms are ensuite
  • House bathroom on the first floor for room 5
  • Fully tenanted
  • All tenants have been living here between 4 - 7 years
  • Each room is fitted with an electric meter which tenants top-up for electricity used
  • Tenants pay their own council tax and water bills
  • Monthly rental income £2,165
  • Fully managed by letting agent for the last 5 years


Commercial unit

  • Is trading as a tattoo shop
  • Approx. 225 square foot
  • Tenant is longstanding and has signed their third 3-year Fri lease on 01/04/2019
  • Monthly rental income £325
  • Tenant contributes £184 pa to the buildings insurance


Rental income

  • Rental income from hmo: £2,165 pcm
  • Rental income from commercial unit: £325 pcm
  • Total rent pa: £29,880 + approximately £980.40 from electric meter sales


Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Floor Plans

Property Location

Marketed by Vesta Property


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