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7 bed property, in Stanmore Street, £375,000
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7 bed terraced house

Stanmore Street, Leeds
£375,000

Our Summary

  • The property has potential to increase rents to in excess of £36,500 when let to seven, so this must represent a great opportunity for investors

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Description

This seven-bedroomed end-terrace property is currently let to five occupants until June 2026 at £31,070 excluding bills, making it a great opportunity for investors. The property is located in a popular and convenient area, just a short walk from Burley Park train station, Headingley cricket and rugby grounds, and the extensive amenities, shops, bars, and restaurants in Headingley. The property provides well-planned and modern accommodation across four floors, including an entrance hall, lounge, bedroom, and shower room on the ground floor, a modern fitted dining kitchen with breakfast bar and w/c off on the lower ground floor, and three bedrooms and a bathroom on the first floor.

The top floor features three further bedrooms, a shower room, and a separate w/c. The property also has a neat low-maintenance garden to the front and an attractive, sunny aspect, enclosed courtyard-style garden with block paving to the rear. The seller has a HMO Licence until June 2027, and the property has Sui Generis lawful use as a seven-bedroomed HMO, allowing buyers to take advantage of the potential to increase rents to over £36,500 when let to seven.

Internal viewing is strongly advised of this well-run investment concern.