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5 bedroom terraced house for sale
Beamsley Mount, Leeds, West Yorkshire, LS6
£300,000
Beamsley Mount, Leeds, West Yorkshire, LS6
£300,000
Our Summary
- INVESTMENT OPPORTUNITY, 5 BEDROOMS WITH £23,400k P/A INCOME, LET UNTIL SUMMER 2025 LET TO 5 FROM SUMMER 2024 TO SUMMER 2025 at £23,400
- The rental return could be increased with some cosmetic improvements to the property over time
- A VERY ATTRACTIVE INVESTMENT OPPORTUNITY, BENEFITING FROM AN OPPORTUNITY TO INCREASE RETURN & URGE EARLY VIEWING TO AVOID DISAPPOINTMENT
Description
This is an investment opportunity to purchase a 5-bedroom property that is currently let until summer 2025, generating a rental income of £23,400 per annum. The tenants pay utility bills in addition to the rent, making this a lucrative investment. The property, located in a prime student letting hot spot, features five double bedrooms, a kitchen, lounge, two bathrooms, and external space. While the rental return is attractive, it could be increased with some cosmetic improvements. The sale is subject to the buyer retaining the current letting agent's management for at least the tenancy agreements already in place, and the property will have vacant possession in June 2025. With a Certificate of Lawful Use applied for, this is a very attractive investment opportunity that is expected to generate a strong return.