Delph Lane, Leeds £525,000

A VERY SPACIOUS AND WELL MANAGED EIGHT BEDROOMED TERRACE, RETAINING MANY PERIOD FEATURES, SITUATED IN THIS VERY CONVENIENT LOCATION, CLOSE TO THE MAIN UNIVERSIITES AND LEEDS CITY CENTRE, LET UNTIL 30TH JUNE 2027 WITH A FANTASTIC RENTAL INCOME OF £57,408 P/A INCLUDING BILLS (CIRCA £49,920 P/A EXCLUDING BILLS).

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.

This impressive HMO investment property has been well managed and cared for and has the benefit of a Lawful use HMO Sui Generis certificate.

The sellers also have a HMO Licence until 21st June 2027.

The property is currently let until 30th June 2026 at £55,328 p/a including bills and re-let until 30th June 2027 as above.

The well planned accommodation comprises an entrance vestibule, entrance hall, a large lounge with feature fireplace, a modern fitted kitchen and a double bedroom with another feature fireplace; downstairs, there are two more double bedrooms, a second modern fitted kitchen and a shower room w/c; on the first floor, there is a bathroom w/c, a shower room and three bedrooms, the smaller of which uses an additional room on the second floor as a study; the second floor comprises two double bedrooms, a shower room w/c and the afore mentioned study.

Outside, there is a neatly maintained front garden and an enclosed yard to the rear with seating area.

The sale is not subject to any lettings management tie-in, so buyers are free to self-manage or appoint their preferred agent.

Tenure – Freehold

Possession – The property is being sold subject to the 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.

Point to note - Following the recent introduction of the Rent Reform Act, unless further changes are made, from the 1st May 2026, the above tenancies will automatically transfer from assured shorthold tenancy agreements to periodic tenancy agreements, therefore the termination dates of each tenancy will no longer apply.

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