Delph Lane, Leeds £470,000

LET TO SEVEN FROM 1ST JULY 2026 UNTIL 30tH JUNE 2027 @ £41,975 P/A EXCLUDING BILLS!

A LARGE SEVEN/EIGHT BEDROOMED INVESTMENT PROPERTY SITUATED IN THIS POPULAR AND VERY CONVENIENT LOCATION, 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 property is currently vacant giving buyers the opportunity to carry out any upgrades they may wish to undertake before the start of the new tenancy agreement. It is then let to 7 people from the 1st July 2026 until 30th June 2027 at £41,975 excluding bills.

The property has a Sui Generis lawful use certificate as a 7 bedroomed HMO. The seller has a HMO Licence for 8 people until 18th September 2030, so it may be possible to increase future letting to 8 people, subject to further lawful use consent. There is also no lettings management tie-in, allowing buyers to self manage or appoint their preferred agent.

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

Tenure – Freehold
Possession – The property is intended to be vacant possession on completion.

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.

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