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Otley Road, Headingley 4 bed property for sale
Otley Road, Headingley
£479,000
Otley Road, Headingley
£479,000
Our Summary
- Investment Overview•Ground Floor Commercial UnitCurrently let to a well-established barbershop, producing an annual rental income of £16,000 with potential in March 2026 to significantly increase this rent as there is a renewal / rent review due, increasing your yield soon after the outset of your investment
- The current yield stands at 8% based on the asking price of £467,000, with scope for future rental growth in this high-demand area
Description
This prime mixed-use investment property is located on Otley Road in the heart of Headingley, Leeds, and is available for sale at an asking price of £479,000. The property generates a total income of circa £37,000 per annum, providing a yield of 8%. The ground floor commercial unit is currently let to a barbershop, producing an annual rental income of £16,000, with potential to increase this rent in March 2026. The first and second floors comprise a four-bedroom student HMO, currently generating in excess of £21,000 per annum. The property benefits from a prime location on a busy arterial route, with excellent public transport links and proximity to universities and amenities. The investment potential is strong, with a secure income stream and scope for future rental growth in a highly sought-after location.