- Substantial Grade II listed former vicarage
- Split into four flats, 17 bedrooms in total
- Prime location, very close to universities
- Gym & laundry rooms
- All flats let until 30th June 2024
- Gross rent £101,000 (ex bills)
- EPC Ratings C, D & E
BEST & FINAL OFFERS REQUIRED BY 12 NOON ON TUESDAY 28th NOVEMBER 2023.
FANTASTIC INVESTMENT PROPERTY - A RARE AND EXCITING OPPORTUNITY TO PURCHASE AN IMPOSING AND VERY IMPRESSIVE GRADE II LISTED FORMER VICARAGE, SPLIT INTO FOUR SELF-CONTAINED FLATS ALL LET UNTIL 30th JUNE 2024 WITH A TOTAL ANNUAL RENT ROLL OF CIRCA £101,000 (excluding bills). THE PROPERTY IS VERY CONVENIENTLY SITUATED ONLY A SHORT WALK TO THE MAIN UNIVERSITIES 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.
The flats provide very generous room sizes and are tastefully decorated with high ceilings and modern fitted kitchens and shower rooms. There is also a communal gym and a laundry room. The property is situated behind All Souls Church on Blenheim Gove where there is some on street permit parking and a park opposite. The front of the building is accessed by an enclosed courtyard leading to a lovely communal garden with a feature Grade II listed stone cross.
There is a flat on each of the four floors, with a total of 17 bedrooms, split as follows:
Flat 1 - £17,990 (3 bedrooms)
Flat 2- £29,721 (5 bedrooms)
Flat 3 - £29,721 (5 bedrooms)
Flat 4 - £23,568 (4 bedrooms)
Total £101,000 p/a excluding bills.
The HMO Licences for the two five bedroomed flats expired on the 1st October 2023 but we understand the seller has applied for their renewal via Leeds City Council. The sale is also subject to the successful buyer retaining the current lettings management agent, Stonehouse Properties, for the remainder of any agreed tenancies.
Internal viewing absolutely essential to fully appreciate this attractive and individual investment concern.
Possession: Subject to existing Tenancy Agreements
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.