call 0113 2787427   email enquiries@castlehill.co.uk   like us on facebook    
telephone us
email us
like us on facebook

Property Search

Burley Road Burley, Leeds £575,000

  • Stunning and substantial investment
  • 6 bedroom house with 3 luxury shower rooms
  • 2 bedroom modern flat
  • Both units let until 30th June 2022
  • Total gross rent £52,000 p/a (inc bills)
  • Very close to city & universities
  • EPC RATING - E

A STUNNING & SUBSTANTIAL INVESTMENT PROPERTY COMPRISING A SIX BEDROOMED HOUSE AND A TWO BEDROOMED LOWER GROUND FLOOR FLAT LET UNTIL 30 JUNE 2022 WITH A FANTASTIC TOTAL GROSS RENTAL INCOME OF £52,000 p/a (including bills) - circa 8% YIELD (excluding bills) BASED ON THE ASKING PRICE!! SITUATED IN THIS HIGHLY CONVENIENT POSITION CLOSE TO EXTENSIVE AMENITIES, ON MAIN ROAD PROVIDING DIRECT ACCESS TO LEEDS CITY CENTRE AND WITHIN WALKING DISTANCE TO THE UNIVERSITIES & HOSPITALS.

Providing stylish, tastefully presented and deceptively spacious accommodation, this well managed property comprises front & rear entrance halls, two ground floor double bedrooms, shower room w/c and utility area with washer & dryer; on the first floor there is an open plan living modern fitted kitchen with breakfast bar, two further double bedrooms and a shower room w/c and two further double bedrooms on the top floor with an en-suite 'Jack & Jill' shower room w/c. The Flat comprises a open plan modern living kitchen, two double bedrooms and a shower room w/c. Externally there is an elevated low maintenance fenced front garden providing separate access to the main house and flat and an enclosed yard to the rear.

The main house is currently let until 30th June 2021 @ £29,640 p/a excluding bills / £34,320 p/a including bills. The house is also re-let from 1st July 2021 until 30th June 2022 @ £39,000 p/a including bills.
The flat is currently let until 30th June 2021 @ £10,400 p/a excluding bills / £11,960 p/a including bills. The flat is also re-let from 1st July 2021 until 30th June 2022 @ £13,000 p/a including bills.

The main house has a lawful use certificate for C4 use and the flat, a lawful use certificate for C3 use as well as building control certificates in place for all alterations. The seller also has a HMO Licence for the main house until 27th February 2025.

INTERNAL VIEWING STRONGLY RECOMMENDED TO FULLY APPRECIATE THE GENEROUS ROOM PROPORTIONS AND QUALITY OF ACCOMMODATION.


Burley Road Burley
Leeds LS3 1JP
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003876

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. A HMO constitutes a property let to at least 3 unrelated persons. If the property requires a HMO Licence (currently a property let to 5 or more unrelated occupants) then landlords/owners have to ensure the property complies with various criteria including specific fire protection, health & safety standards and minimum room sizes. We understand rooms not meeting the minimum sizes and/or the property is not deemed 'reasonably suitable' for the number of occupiers, could lead to HMO Licences not being granted. Buyers are strongly advised to consult Leeds City Council for HMO advice & guidelines. Useful links - Conditions for licensed HMOs - HMO Licencing - HMOs Article 4 direction - HMOs.

POSSESSION

Subject to existing tenancies agreements. Vacant possession 1st July 2021


Burley Road Burley
Leeds LS3 1JP
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003876

Please complete the form below to request a viewing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.


Please read our privacy notice for information on how we use your details.

Burley Road Burley
Leeds LS3 1JP
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003876
Property Portals