Hyde Park Terrace, Leeds £395,000
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Mortgage Calculator- PRIME HYDE PARK LOCATION
- 5 BEDROOM SUBSTANTIAL INVESTMENT
- POTENTIAL INCOME CIRCA £28k or MORE!
- CURRENTLY LET UNTIL 30th JUNE 2025 AT £23,760 PA
- SCOPE FOR 'EN SUITE' FACILITIES
- RARE OPPORTUNITY, EARLY VIEWING ADVISED!
- EPC Rating - D
A SUBSTANTIAL PROPERTY, PROVIDING VERY SPACIOUS FLEXIBLE AND CHARACTERFUL ACCOMMODATION, RETAINING MANY PERIOD FEATURES, SITUATED IN THIS EXTREMELY SOUGHT AFTER LETTING LOCATION, A SHORT WALK TO THE LOVELY OPEN GREEN SPACES OF HYDE PARK, THE UNIVERSITIES & LEEDS CITY CENTRE.
This very versatile, good sized through terrace is situated just off Hyde Park Corner and is currently let to FIVE occupants until 30th June 2025, generating an annualised rental income of £23,760. We believe there must be excellent potential to uplift rents in the future to circa £28K or more if improved internally, and with scope to create en-suite or Jack & Jill bathrooms without compromising the generous room sizes, lifting rents even further! Subject to the usual consents.
The accommodation comprises: an entrance hall, two bedrooms on the ground floor, a lower ground floor dining kitchen, open plan to the living area and a shower room & w/c. There are two first floor bedrooms, a house bathroom w/c and a fifth bedroom on the top floor with a useful connecting room. There is an HMO Lisence for a permitted level of 5 occupants until August 2027 and we are in receipt of historical letting agreements to demonstrate the C4 HMO history.
A RARE CHANCE TO BUY A QUALITY STUDENT INVESTMENT, WITH LOTS OF POTENTIAL, EARLY VIEWING STRONGLY ADVISED!!
Note: There is a Japanese Knotweed eradication treatment in place shared with the properties 13, 15 & 17 Hyde Park Terrace. The treatment plan carried out by IWM Invasive Weed Management has been paid for, comes with a 10 year guarantee and is due to be completed in 2027.
CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
AML: Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.Leeds LS6 1BJ
Tenure
Freehold
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Subject to tenancies
Leeds LS6 1BJ
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