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5 bedroom terraced house for sale
Morris Lane, Leeds
£239,950
Morris Lane, Leeds
£239,950
Our Summary
- In brief the property comprises; entrance hallway, lounge, good sized light & airy modern fitted dining kitchen, five double bedrooms, an unconverted room in the basement, offering potential to create extra living space to either a sixth room/utility room/occasional room/cinema enhancing the facilities and potentially improving future rent levels, all subject to the usual planning and HMO consents
Description
This five-bedroom HMO investment property is situated in a super convenient location in Kirkstall, Leeds, and is generating an attractive annual rental income of £29,100. The property has a long history of successful letting and is being sold as an ongoing concern with immediate income on completion. It is fully let to five occupants, all on individual tenancy agreements, and benefits from a Certificate of Lawful Use. The property has recently been refurbished and offers potential to create extra living space in the basement. With its vibrant location, ample amenities, scenic views, and excellent transport links, this property is a great opportunity for discerning buy-to-let investors. The area is also seeing massive investment and development, making it an attractive choice for those looking to capitalize on the growth potential of the area.