5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Grimthorpe Terrace, Headingley, Leeds
£260,000

Our Summary

  • ** For Sale by Modern Auction – T & C’s apply ** Ideal Buy To Let Investment ** 5 Double Bedrooms ** Let until 30/06/2025 ** Annual income of £21,378
  • 89% at present but this could be easily increased by making minor alterations, such as upgrading furniture and modernising the property and increasing the rent for future tenancies
  • Council Tax Band: CEPC Rating: E Agent Note This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period

Description

This 5-bedroom property in Headingley, LS6, is a fantastic investment opportunity, currently let to 5 tenants until 30th June 2025, generating an annual income of £21,378.60. The property is located in a highly sought-after area, close to universities and Leeds City Centre, with local amenities, bars, and restaurants nearby. The property requires a valid certificate of lawful use, but has a full letting history to obtain this. The property briefly comprises of a ground floor hallway, kitchen, and stairs leading to the 1st and 2nd floors, with five double bedrooms, a living room, WC, and storage room. The property is being sold with tenants in situ and has a starting bid of £260,000. With a current rental yield of 6.89%, this property offers a great opportunity to increase the rent and yield by making minor alterations and upgrades.