Burchett Place, Leeds £510,000
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Mortgage Calculator- Stunning student HMO
- 6 Quality en-suite double bedrooms
- Impressive rents of £49,608 p/a inc bills
- Popular letting location
- Very close to universities & city centre
- Great investment opportunity!
- EPC Rating - D
A SUPERB SIX BEDROOMED FULLY INVESTMENT PROPERTY WITH EACH BEDROOM HAVING AN EN-SUITE SHOWER ROOM W/C, ATTRACTIVELY LET UNTIL 30th JUNE 2025 @ £49,608 p/a (inclusive of bills)!!
Situated in this increasingly popular and highly convenient location, just a few minutes walk to the main University campus' and Leeds city centre.
Providing stylishly presented and deceptively spacious accommodation with modern decor and furnishings, comprising six impressive en-suite double bedrooms, a lounge with wall mounted tv and a stunning fully fitted contemporary kitchen. Externally there is a small frontage and a yard to the rear.
The sale is subject to the purchaser retaining the current management letting agent, Springwell, until at least the remainder of the existing tenancy agreements. Lettings management enquiries should be directed to Springwell. The sellers have a HMO Licence for 6 persons until 18th January 2027 and a C4 (HMO) lawful use certificate.
The property is currently let until 30th June 2024 at £48,360 p/a including bills (£40,872 p/a net) and re-let from 1st July 2024 to 30th June 2025 at the increased rent of £49,608 p/a including bills (£42,120 p/a net) an attractive yield of circa 8.25%!
A FANTASTIC OPPORTUNITY, IDEAL FOR BUYERS SEEKING A HIGH END READY MADE INVESTMENT!
CLICK ONVIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.
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.
Leeds LS6 2LN
Tenure
Freehold
Possession
Subject to existing tenancy agreements.
Leeds LS6 2LN
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Leeds LS6 2LN
