- Well Maintained Terrace
- Four Bedrooms
- Close to Universities & City Centre
- Basement Conversion Potential
- Let until September 2021
- Great Investment Opportunity
- EPC Rating - D
A WELL MAINTAINED FOUR BEDROOMED INVESTMENT PROPERTY SITUATED IN THIS INCREASINGLY SOUGHT-AFTER LOCATION, VERY CONVENIENTLY POSITIONED FOR EASY ACCESS TO THE MAIN UNIVERSITIES AND LEEDS CITY CENTRE.
The GAS CENTRALLY HEATED & UPVC DOUBLE GLAZED ACCOMMODATION comprises, an entrance hall, lounge and dining kitchen on the ground floor. There is a useful basement chamber to the rear offering excellent potential for further living accommodation, subject to relevant consents; two first floor bedrooms and a shower room/w.c. on the first floor and two further bedrooms on the top floor. The property has a small garden frontage with an enclosed yard to the rear.
The current owner has a signed a 5 year management agreement from 15th September 2016 enjoying an agreed income of £800 pcm, therefore ideal for those buyers seeking an 'arms length' investment. Longer term, the property offers excellent potential to generate in excess of £16,500 p/a and possibly over £20,000 if converted to five bedrooms, subject to consents.