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Welton Grove Hyde Park, Leeds Offers in Excess of £350,000

  • Sought-after Hyde Park Investment Location
  • Five Bedrooms, Bathroom and Shower Room
  • Close to shops, Train Station, Universities & City
  • Well Planned and Presented Accommodation
  • Gross Rent Potential of circa £24,000 p/a
  • Viewing Recommended!
  • EPC Rating - D

A WELL PLANNED AND PRESENTED FIVE BEDROOMED INVESTMENT PROPERTY SITUATED IN THIS SOUGHT-AFTER AND HIGHLY CONVENIENT LOCATION, WITH LOCAL SHOPS, CAFES AND HYDE PARK PICTURE HOUSE ON THE DOORSTEP WITH THE LOVELY OPEN SPACES OF HYDE PARK AND THE UNIVERTIEIS & CITY CENTRE JUST BEYOND.

The property is currently let on single tenancies with four of the bedrooms occupied with a gross total rent of £1,530 pcm including bills. Two contracts are on a periodic basis and two expire on 17th February 2021 with the option to continue on a periodic basis. We understand the 5th bedroom is being advertised to let, so we will update our marketing as and when we are advised of any changes.

There must be excellent potential to let the property for 2021/22 on one tenancy @ circa £24,000 p/a.

The spacious accommodation comprises a generously proportioned lounge, bedroom and rear entrance hall on the ground floor, a lower ground floor modern dining kitchen, two first floor double bedrooms and a bathroom w/c, and two further good sized top floor bedrooms with a 'Jack & Jill' shower room w/c. Externally the property is street lined to the front with a yard to the rear.

The owner has a HMO Licence for 5 occupants until 22nd May 2021.


Welton Grove Hyde Park
Leeds LS6 1ES
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003827

LOCATION

Travelling from Headingley on Cardigan Road. Turn left onto Brudenell Road, left onto Back Hessle View, left onto Welton Road and take the 1st right onto Welton Grove.

TENURE

Freehold. This property is in an Article 4 area and is being let as a House in Multiple Occupation (HMO). HMO's are subject to C4 or Sui Generis planning class use. If the property requires a HMO Licence then Landlords have to ensure the property complies with various criteria including specific fire protection, health & safety standards and minimum bedroom and communal room sizes. We understand rooms not meeting these minimum sizes, could lead to HMO Licences not being issued or renewed. Buyers are strongly advised to consult Leeds City Council for HMO advice & guidelines.

POSSESSION

The property is currently let on single tenancies with four of the bedrooms occupied with a gross total rent of £1,530 pcm including bills. Two contracts are on a periodic basis and two expire on 17th February 2021 with the option to continue on a periodic basis. We understand the 5th bedroom is being advertised to let, so we will update our marketing as and when we are advised of any changes.


Welton Grove Hyde Park
Leeds LS6 1ES
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003827

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Welton Grove Hyde Park
Leeds LS6 1ES
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003827
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