Hyde Terrace, Leeds Guide Price £800,000
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Mortgage Calculator- Substantial freehold terrace
- Split into 6 self-contained modern flats
- 2 x three beds & 4 x one beds
- Prime location, close to universities & city
- Total rent roll £77,460 p/a inc bills
- Great investment opportunity!
- EPC Rating D - E
A SUBSTANTIAL FREEHOLD TERRACE SPLIT INTO SIX SELF CONTAINED FLATS COMPRISING 2 x 3 BEDROOMS AND 4 x 1 BEDROOMS, SITUATED IN ONE OF LEEDS' MANY LEAFY CONSERVATION AREAS, IN A PRIME SOUGHT-AFTER LOCATION, A SHORT WALK TO THE OPEN SPACES OF HYDE PARK, THE MAIN UNIVERSITIES, HOSPITALS AND LEEDS CITY CENTRE.
The flats are all let with a total annual rent roll of £77,460 p/a including bills on a fair usage policy. We understand there is one gas supply & boiler providing heating to all the flats, each flat has its own water heating system, there are 4 water supplies, one for each of the 3 bed flats and the four x 1 bed flats share two supplies. There are electric supplies for each flat along with a landlord's supply.
|
Flat 3 |
£18,000 p/a |
28.6.26 |
3 bed |
|
Flat 6 |
£19,260 p/a |
28.6.26 |
3 bed |
|
Flat 9 |
£9,900 p/a |
28.6.26 |
1 bed |
|
Flat 10 |
£10,500 p/a |
30.6.26 |
1 bed |
|
Flat 13 |
£9,600 p/a |
28.6.26 |
1 bed |
|
Flat 14 |
£10,200 p/a |
21.10.26 |
1 bed |
We are advised that the bills cost in the region of £11,000 to £12,000 p/a.
The seller would prefer the successful buyer to retain the current lettings management agent, Malwiyya Properties. We understand all the flats are being actively marketed for re-letting and our sales details will be updated to reflect any new lettings when we are advised accordingly.
Outside, there is a lawned garden to the front and a yard to the rear. Parking on street is available on a time limited basis.
Leeds LS2 9LR
Tenure
Freehold
Possession
The property is being sold subject to the existing tenancy agreements.
Making an offer
If you would like to make an offer on this property, please contact our office as soon as possible. Any evidence of funding you can provide to support your offer will help to inform the seller of your position. We strongly advise taking independent mortgage advice and can recommend an independent mortgage broker along with other property professionals. 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. On receipt of a successful offer, we will also carry out an electronic identity check on each purchaser. We may also need to request photographic identification and/or proof of address. The fee for these checks is £36 including vat per purchaser.
Leeds LS2 9LR
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Leeds LS2 9LR
