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Glossop Street Woodhouse, Leeds £275,000

  • Six Bedroom Terrace
  • Very Close to Universities & City Centre
  • Ideal Investment Opportunity
  • C4 Lawful Development Certificate
  • Bathroom and Shower Room, 3 w/c's
  • Excellent Income Potential
  • EPC Rating - C

A SIX BEDROOMED WELL PRESENTED GAS CENTRALLY HEATED AND UPVC DOUBLE GLAZED INVESTMENT PROPERTY LOCATED IN THIS INCREASINGLY POPULAR AND VERY CONVENIENT LOCATION, VERY CLOSE TO THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE.

The property is let on individual tenancies, currently to three occupants paying a total of £810pcm.

Briefly comprising an entrance hall, a lounge with wood laminate flooring and a modern fitted dining kitchen on the ground floor, two lower ground floor bedrooms and a bathroom. To the first floor, there are two bedrooms, a fully tiled shower room w/c and an additional w/c. On the top floor, there are two further bedrooms with Velux windows. Externally there is a small frontage and steps up to the elevated ground floor level and an enclosed yard to the rear.

The seller has a HMO Licence for 6 persons until 13th June 2022 and a HMO lawful development certificate for C4 use.
Once fully let, there must be potential to generate annual rents of circa £23,000 to £25,000.


Glossop Street Woodhouse
Leeds LS6 2LE
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003883

LOCATION

Travelling from Hyde Park Corner on Woodhouse Street, turn left onto Christopher Road, Glossop Street is on the right. Point to Note - The rooms without measurements were not accessed,

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

Tenancy 1 - on rolling contract paying @£300 pcm Tenancy 2 - let until 14th August 2021 @ £230pcm Tenancy 3 - let until 23rd August 2021 @ £280pcm


Glossop Street Woodhouse
Leeds LS6 2LE
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003883

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Glossop Street Woodhouse
Leeds LS6 2LE
County: West Yorkshire
Sale Type: For Sale
Ref #: 00003883
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