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Lucas Place, Leeds £465,000

  • QUALITY 6X BED INVESTMENT
  • LET UNTIL 30TH JUNE 2023!
  • Rental Income of £38,168 PA Inc Utilities
  • C4 Approved
  • Spacious & Well Configured HMO
  • Close to Uni & City
  • EPC Rating D

A GREAT INVESTMENT OPPORTUNITY LET UNTIL JUNE 2023!

A SUBSTANTIAL SIX BEDROOMED INVESTMENT PROPERTY PROVIDING WELL PRESENTED AND VERY SPACIOUS ACCOMMODATION, SITUATED IN THIS INCREASINGLY POPULAR LETTING LOCATION, VERY CONVENIENTLY SITUATED WITHIN WALKING DISTANCE TO THE MAIN UNIVERSITIES & CITY CENTRE.

Currently let producing £34,727 per annum inclusive of utilities and RE-LET from 1st July 2022 at an increased rental income of £38,168 p/a including utilities until 30 June 2023.

The accommodation comprises an entrance hall, large bedroom and a good sized lounge with utility off and a shower room & wc on the ground floor. A modern dining kitchen on the lower ground floor. Three first floor double bedrooms and a house bathroom & wc and a further two bedrooms on the second floor sharing a 'Jack & Jill' shower room & wc. Externally there is a small garden to the front and a yard to the rear.

The current owners have an HMO Licence until 12th August 2022 and it benefits from Planning Permission for a change of use to a Six bedroomed HMO (C4). Being sold as an on-going concern and as part of the sale, the sellers require the buyers to adopt the existing lettings management agent for at least the remainder of the tenancy agreement until 2023.

A QUALITY STUDENT PROPERTY & INTERNAL VIEWING STRONGLY RECOMMENDED.


Lucas Place
Leeds LS6 2JB
County: West Yorkshire
Sale Type: For Sale
Ref #: 00002200

Tenure

Freehold

Possession

Subject to existing tenancy. Vacant possession 1st July 2023.


Lucas Place
Leeds LS6 2JB
County: West Yorkshire
Sale Type: For Sale
Ref #: 00002200

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Lucas Place
Leeds LS6 2JB
County: West Yorkshire
Sale Type: For Sale
Ref #: 00002200
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