Kelso Road, Leeds £1,500,000

A TRUELY IMPRESSIVE AND SUBSTANTIAL INVESTMENT OPPORTUNITY, LET UNTIL SUMMER 2025, SITUATED IN THIS PRIME POSITION, A SHORT WALK TO THE MAIN UNVERSITIES AND LEEDS CITY CENTRE.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.

This superbly presented and planned property is split into four self contained four bedroomed flats with most bedrooms having an ensuite shower room w/c or at least access to their own shower room w/c. The flats are re-let from 1st July 2024 to 30th June 2025 at a total gross rent of circa £106,000 p/a excluding bills. We understand two of the flats have been re-let to the current tenants so their rent has been maintained at £125 pppw whereas the other two flats are re-let at £130 pppw.

We highly recommend viewing of this fantastic on-going investment to fully appreciate the quality and level of accommodation as some buyers may feel significantly higher rents could be achieved in future years.

Externally there are landscaped gardens to the front & rear with purpose built cycle & refuse stores, off street parking and EV charging points.

HMO Sui Generis planning permission was obtained in 2022 ( planning ref: 22/02694/FU) and revised in 2023 (23/05292/FU). The sale is subject to the successful buyer retaining the current lettings agent, Beyond Lettings, for at least the remainder of the agreed tenancies.

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